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Nick Pollard, Group Finance Director of the Link Group, writes here in his personal capacity. Is the social housing insurance market on the verge of collapsing, what will this mean and what are the solutions?

Housebuilder Persimmon has told investors that its margin and profits will be lower than last year due to a marked decrease in completions. In its final results for the year ended 31 December 2022, the company said that while it is too early to assess a full year sales rate, should current rate

Michael Reid, managing partner, Meston Reid & Co, discusses the ways to deal with an overdrawn director's loan account in the case of insolvency. As the number of formal insolvencies begins to increase and there are signs that recessionary pressures in 2023 will witness a further wave of company

Scotland has seen the UK’s largest number of smaller business equity deals in net zero sectors outside of London, according to new research released today by the British Business Bank. The Bank’s Small Business Finance Markets 2022/23 report found that Scotland accounted for 14% of net z

Edinburgh-based Capital Credit Union (CCU) is offering football fans an interest free loan to buy their season tickets, in the first scheme of its kind in the UK. CCU has partnered with Hibs to offer the club’s fans an ethical, interest free loan to help spread the cost of supporting their tea

Parents saving for their children’s future in cash could need to put away thousands of pounds extra for big-ticket items compared to investing through a typical stocks and shares Junior ISA (JISA), a new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) has f

Livingston-based The Edinburgh Driveway Company has been acquired by Scottish-based UK and internationally operating construction and property business Edison Group for an undisclosed sum. The Edinburgh Driveway Company, which operates throughout central Scotland and Ayrshire, provides a complete ra

Clark Contracts has achieved a record turnover of £100 million in the year ending 31st October 2022 as the main contractor entered its 45th year in business. Founded in 1978, the Paisley-based firm works throughout the UK, delivering projects across all sectors, for both private and public sec

The number of alleged fraud cases over £100,000 being heard in Scottish courts rose significantly last year, according to KPMG UK’s latest bi-annual Fraud Barometer. A total of 24 cases totalling £17.4 million reached Scottish courts in 2022, up from 2021, when 16 cases worth &poun

The UK is ranked at number 25 of 51 countries on the quality of entrepreneurship ecosystem economies, a drop from rank 18 last year, according to the new Global Entrepreneurship Monitor (GEM) National Entrepreneurship Context Index (NECI) released today.

Wylie & Bisset has won its first contract to deliver internal audit services to a housing association in England. Already a provider of internal audit services for housing in Scotland and Northern Ireland, the contract win makes Rochdale Boroughwide Housing, the UK’s first tenant and emplo

Founded in 1848, Scottish Building Society is celebrating 175 years of providing savings and mortgages products to thousands of members across the UK. The landmark anniversary retains the Society’s position as the oldest remaining building society in the world, having always operated as a mutu

FRP Advisory, the specialist business advisory firm, has told shareholders to expect another rise in restructuring activity over the next few months. In a trading update issued yesterday, the firm said it expects to see increased activity in the higher value restructuring and administration market a

Wylie & Bisset, accountants and business advisers, has urged business owners to avoid making a kneejerk reaction to warnings of a difficult economic outlook for Scotland for much of this year.

A Scottish director has been given a ten year ban over a £50,000 Bounce Back Loan taken out by his firm in 2020.