Search: financial focus

Ahead of Mental Health Awareness Week (9 -13 May) new research from Grant Thornton UK LLP shows that mid-market employers are looking to increase investment in supporting their people’s mental health over the next 12 months. From the 604 respondents to Grant Thornton’s latest Business Ou

Scotcoin – Scotland’s first and only cryptocurrency – has announced it will partner with ProBit Global to publicly list later this year, making the token available to buy and sell on the open market. The agreement will see ProBit Global, an international exchange with more than two

The Big Issue Group (TBIG) has hit a breakthrough of equipping 1,000 of its vendors with contactless technology via the Zettle by PayPal card reader, marking a 68% increase since this time last year. In addition, it is quickly fast-tracking to its goal of enabling all 1,500 vendors to become cashles

Perth-based insurance broker GS Group has acquired Dundee-based Strathtay Insurance Brokers for an undisclosed sum. The Dundee firm, which is based on Clepington Road, was founded in 1974 by Charles Robertson. As a result of the acquisition, his successors Nigel, James and Hannah Robertson will tran

UK house prices increased by a further 1.1% in April, according to the latest Halifax House Price Index.

Corporate insolvencies in Scotland remained steady in the first quarter of 2022, as a series of compounding crises – from inflation and supply chain disruption to the impact of the conflict in Ukraine and the COVID pandemic – continue to place pressure on businesses. Analysis of notices

The Bank of England (BoE) has raised interest rates from 0.75% to 1%, in an attempt to fight rising inflation. The bank's Monetary Policy Committee (MPC) by a majority of 6-3 to increase the bank rate by 0.25 percentage points. Those members in the minority preferred to increase the rate by 0.5 perc

The Bank of England’s anticipated relaxation of lending rules this week risks a potential housing price crash, according to property firm DJ Alexander Ltd. The firm said that the banks’ predicted decision to ease the stress testing limits to allow increased borrowing for buyers will pote

Stuart Clark, managing director at Russell & Russell Business Advisers, discusses consolidation in the accountancy industry and where smaller firms fit and can grow. The pitiless logic of business dictates that big is better, that scalability is the ultimate goal and that survival depends on rel

Nairn-based timber processing firm Gordon Timber (GT) is set to increase production and company turnover after securing £95,000 from Highlands and Islands Enterprise (HIE), to help pay for the cost of installing new automated equipment for handling materials.

Glasgow-based whisky producer Hunter Laing Holdings has seen turnover rise by over 50% to almost £15.8 million for the year ended April 2021. This is compared to the £5.5m reported in April 2020, marking a £1.2m increase.

Alvarez & Marsal, the joint administrator of the former private healthcare company NMC Health, has filed a High Court claim of at least $2.5 billion against the firm's former auditor, EY. Yesterday, Alvarez & Marsal revealed that as part of its "wide-ranging investigation into the situation"

Annual UK house price growth slowed modestly to 12.1% in April, down from 14.3% in March, according to the latest Nationwide House Price Index.

Angela Paterson, insolvency practitioner, at Dunedin Advisory, discusses the role of an Insolvency Practitioner. An IP is an individual who is licenced by a regulatory body to accept formal insolvency appointments and offer debt and restructuring advice. IPs work with both businesses and individuals

Scotland has seen a 164% increase in corporate insolvency numbers (liquidations and receiverships) in the fourth quarter of 2021-22, compared to the fourth quarter of 2020-21, at 240, against 91. According to the latest figures, the number of corporate insolvencies in Scotland stayed the same in Q4