Scottish Enterprise has revealed that 2021/22 continued to be a record year for its early-stage investment activities. The enterprise agency, which has been investing in early-stage businesses since 2003, alongside local, national, and international private sector investors, recorded investment of &
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PwC has said it plans to cut partners' compensation next year after annual results show £5 billion in revenues for the firm.
Drum Property Group has completed the construction of 324 Build to Rent (BTR) apartments for Legal & General Investment Management (LGIM) at Buchanan Wharf on Glasgow’s Clydeside.
New draft legislation to change the R&D tax relief regime will create a vacuum of inequalities for businesses seeking relief according to audit, tax and consulting firm RSM UK. The changes will come into effect for accounting periods beginning on or after 1 April 2023. This will create marked in
Alan McIntosh, managing director of Advice Talks Ltd, which operates the www.advicescotland.com website, is calling on money advisers to think differently about the energy debt crisis. As we all sit on a precipice waiting to find out how much the energy price cap will rise by in October, and whether
Rightmove has released its monthly house price index figures showing a drop of almost £5,000 for the average asking price.
HMRC has been ordered to pay a disabled employee £20,000, following an employment tribunal ruling. Hamish Drummond, who suffers from unexplained bouts of dizziness and fainting, took his claim to the tribunal after his employer, HMRC, stopped him from submitting an application for a senio
Scotland-based integrated forestry business BSW Group has acquired a stake in Bradford-based shed manufacturer Power Sheds, which since launching in 2019 has grown turnover to over £15 million becoming a strong player in the sector. Founded in 1848 in Berwickshire, BSW was acquired by glo
The Post Office has posted figures showing that a record £801 million in personal cash withdrawals were made in July.
A Scottish designer and manufacturer of musical accessories has closed a £250,000 funding deal with Reward Finance Group to develop two new products. Edinburgh-based Noisy Clan was established in 2019 by David Law, an experienced product designer who has spent much of his career running b
Progressive think tank IPPR Scotland has revealed that 4 in 5 Scots (79%) would support a minimum income guarantee. A minimum income guarantee is a safety net to ensure nobody falls below a minimum acceptable standard of living.
The Bank of England’s Monetary Policy Committee (MPC) has announced an interest rate hike of 0.5% today in the face of rising inflation. At its meeting ending on 3 August 2022, the MPC voted by a majority of 8-1 to increase Bank Rate by 0.5 percentage points, to 1.75%. One member preferre
The UK construction sector is set to face the spectre of increased insolvency, exacerbating price rises while rivalling inflation as a threat to successful project delivery, Turner & Townsend has warned. As inflationary pressure persists, the global professional services business’ latest U
Clydesdale bank owner Virgin Money UK PLC's Q3 results have revealed a 45% increase in account sales keeping profitability strong. The bank saw roughly 45,000 digital personal and business current accounts opened in Q3, as well as 160,000 new credit cards opened. This follows a record 175,000 new cr
The number of personal insolvencies seen across Scotland rose by 11.2% during the first six months of 2022. Amid spiralling inflation and rising interest rates, fuel and energy costs continue to put households under pressure leading to an increase in personal insolvencies.
