Search: financial focus

Livingston-based high performance timber windows and doors manufacturer NorDan UK has announced a record 34% increase in turnover for a single year in 2022. This has included significant growth in the UK social housing market, with social landlords increasing their purchase of NorDan products by 11%

Glasgow-based affordable loans firm, Scotcash, has announced the termination of its lending services, citing a challenging economic, regulatory, and funding environment. The company, supported by Glasgow City Council, Wheatley Homes Glasgow (formerly Glasgow Housing Association), ng homes, Royal Ban

Land Rover Experience Scotland, based in Dunkeld, Perthshire, has transitioned to an employee-owned business structure, providing its staff with an 83% share in the company via the creation of an employee ownership trust (EOT). This move to employee ownership came after the company sought advice fro

During Mental Health Awareness Week (15-21 May) new data has shown that almost two thirds (61%) of mid-market business leaders say the uncertain economic climate is negatively affecting their stress levels and mental wellbeing. Grant Thornton UK’s bi-monthly Business Outlook Tracker research,

Scottish healthtech firm IbisVision has raised £4.5 million in growth funding to expand its remote eye test platform into the US and EU markets. The company plans to use the funding to double its workforce and open an office in Fort Lauderdale, Florida. IbisVision anticipates a surge in US sal

Savers across Scotland have seen their finances take a hit over the last 12 months with the vast majority of Scots (85%) seeing the increased cost-of-living directly impacted their finances, according to latest researched by Scottish Building Society. The new survey takes into account the responses

A growing network of coworking hubs in Scotland has the potential to inject millions of pounds into local economies, according to research from The Melting Pot, an Edinburgh-based coworking complex. Coworkers in Europe are estimated to spend around £9 per day at local businesses while using co

According to the latest data from the Royal Bank of Scotland Report on Jobs, hiring conditions across Scotland deteriorated at the start of the second quarter.

The UK government is considering an update to the Direct Recovery of Debts (DRD) legislation that would enable HM Revenue & Customs (HMRC) to seize cryptoassets from businesses evading tax.

Wylie & Bisset, accountants and business advisers, has announced a trio of promotions that sees tax director Shehzad Ashaq promoted to associate partner together with the promotions of Matthew McDermott to senior manager and Laura Caulfield to manager within the burgeoning Business Advisory Serv

Mortgage approvals in the UK increased significantly to 52,000 in March, up from 44,100 in February, as per the Bank of England's Money and Credit report.

Johnston Carmichael has expanded its leadership team with the addition of technology risk and assurance expert Stephen Harrison, as part of the firm's growth strategy. Mr Harrison, who brings over 22 years of experience, will work across the company's 14 UK offices. He will be a key member of the au

Despite a fall in construction activity at the start of 2023, surveyors in Scotland are predicting sector growth for the first time in almost a year while another survey has highlighted a rebound in repair, maintenance, and improvement (RMI) work for construction SMEs. A net balance of -6% of S

Two in five businesses (38%) have seen an increase in the number of employees taking long term sick leave due to mental health related illness since the pandemic, according to PwC research.

A recent study has revealed that a theoretical investment fund generated by ChatGPT is significantly outperforming the average of the UK's 10 most popular funds.