Economic confidence has risen slightly in December to -58, up from -64 in November, according to the IoD Directors’ Economic Confidence Index, which measures business leader optimism in economic prospects. There were also slight improvements in expectations for revenue, employment, investment
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Focusing on AI and fintech in Scotland and university-supported start-ups in Edinburgh and Glasgow, Christine Hockley discusses the investment opportunities in the tech start-up scene outside London, as remote work and tech training in STEM roles making these regions more appealing for start-up
Making use of a little known piece of government legislation, Ashton McGill has come up with an innovative way of helping staff with the cost of living crisis whilst supporting the local economy. The Dundee-based firm will give their team Scotland Loves Local Gift Cards, which can be spent with loca
Nucleus Financial has offered to acquire Curtis Banks Group for a sum of £242 million. The transaction will bring together the Nucleus Group, a firm with offices in Edinburgh, Glasgow and Salisbury, and the Curtis Banks Group to create a leading retirement-focused adviser platform with approxi
Edinburgh and Glasgow are set to see their local economies be amongst the fastest growing as the UK emerges from recession in the second half of 2023, according to a new study by law firm Irwin Mitchell.
Investors poured over £450 million into retail properties in Glasgow last year, despite the cost-of-living crisis, record low consumer confidence and hybrid working affecting city centre footfall, according to CoStar Group.
Shell has announced that it will face a $2 billion (£1.7bn) liability in the fourth quarter of this year due to windfall tax measures in the UK and EU.
Duncan Raggett of AAB and Seamas Keating of FPM Accountants Limited, an AAB Group company, were appointed joint administrators of ODx Innovations Limited on 19 December 2022, by the directors of the company. ODx is a medical technology company based in Inverness focused on transforming the speed at
Iain Lanaghan has been appointed lead non-executive director (NED) to the Supreme Court of the United Kingdom (UKSC). His appointment is one of two new UKSC NEDs appointments for a three year term from 1 January 2023. It comes as Kathryn Cearns stands down after five years as a NED and cha
The biggest farmers' association in Italy has condemned the use of mafia terms to sell food and drink around the world — including a machine gun-shaped bottle of whisky produced in Scotland. Coldiretti found that some 300 restaurants are mafia-themed, among them El Padrino in Spain, Don Corleo
In November, UK credit card borrowing reached its highest level since 2004 as pressure mounts on households from rising living costs.
Temple Melville, CEO of the Scotcoin Project CIC, discusses the benefits of regulation in the cryptocurrency industry, including protections for citizens and investors, the ability for institutions to invest, and the adoption of regulated crypto ETFs. Six years ago, when Gideon Greenspan said that r
CFOs see bank borrowing and debt issuance as less attractive sources of finance now than at any time since the financial crisis, according to Deloitte’s UK CFO Survey, Q4 2022. As a result of this demand for credit is well below average levels and flagging with CFOs, with only 28% saying they
Despite challenging economic forecasts, the majority of Scottish businesses expect 2023 to be more successful than 2022, according to the latest Bank of Scotland survey.
Sixco Limited, the Glasgow-based group behind the Six by Nico restaurant network, has revealed improved turnover and profits, together with ambitious growth plans, as it bounces back from Covid restrictions. The group, which serves over 10,000 diners per week across 13 sites in the UK and Ireland, r

