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Analysis of a decade of corporate insolvencies statistics collated by the Scottish Government from 2011 – 2021 has revealed that businesses are most likely to fail during the first six months of the year. The data, which was collated by accountancy firm Azets, reveals that during the decade th

Five inspiring women in business have collaborated in a “Vanity Fair” style photoshoot, conceived by two of Scotland’s most popular portrait photographers. Taking place at the A-listed Bannockburn House in Stirlingshire, the five entrepreneurs were invited by David Ho and Sandie Kn

HMRC is waiving late filing and late payment penalties for Self Assessment taxpayers for one month, giving them extra time, if they need it, to complete their 2020/21 tax return and pay any tax due. HMRC is encouraging taxpayers to file and pay on time if they can, as the department reveals that, of

Archangels, the Edinburgh-based business angel investment group, led investments totalling a record £23.7 million in promising Scottish tech and life sciences companies during 2021. In a packed year of corporate activity for Archangels, the 11 investments, totalling £23.7m (2020: £

Aberdeen-based restructuring and insolvency expert Richard Bathgate has been appointed as the chair of insolvency and restructuring trade body R3 in Scotland. Mr Bathgate, who is Restructuring Partner at Johnston Carmichael, Scotland’s largest independent firm of accountants and business advis

The Scottish Retail Consortium (SRC) has called for further aid for the retail industry as it published a written response to the Scottish Government’s Budget held earlier this month.

Kevin Hollister, founder of pension calculator site Guiide, discusses pension freedoms and how they can work better for the everyday person. Pension freedoms have been around for more than five years. So far, the pension industry has been slow to respond to people’s needs in retirement

Valneva SE, a specialty vaccine company, has announced that it is in advanced discussions with Scottish Enterprise for a £20 million grant which will enable it to fully complete its strategic manufacturing site in Livingston. Following the termination of the supply agreement with the UK Govern

Pre-tax profits at Ledingham Chalmers have risen to £4 million, up from last year’s £3.6m. Turnover in the latest period totalled £12.3m, down from £12.7m the year before.

Glasgow-based chartered accountant, tax adviser and auditor Russell & Russell is building on the growth it achieved over the 18 months of the pandemic by adding to its talent pool with four new appointments. The business advice specialist, which increased its client portfolio by a remarkable 20%

A £21 million support package to support cultural and events organisations and freelancers experiencing cancellations due to the rapid spread of the new Omicron variant has been announced by the Scottish Government. This is to help manage the significant impact of the new guidelines around soc

Michelin Development, which provides funding and advice to firms to drive growth in areas where it has previously had facilities, is backing innovative start-up Dundee Satellite Station Ltd. The programme, which provides funding and advice to firms with the potential to expand and provide high-quali

The introduction of further restrictions in response to the Omicron Covid-19 variant could derail the fragile economic recovery and have a devastating impact on Scotland’s crucial SME sector, according to Blair Milne, head of restructuring insolvency at Azets in Scotland. Blair Milne has

Hiring activity across Scotland rose at a slower pace in November, according to the latest Royal Bank of Scotland report on jobs. Permanent staff appointments rose at the softest rate since February, while the rate of increase in temp billings moderated to a seven-month low, although the upturns rem

UK manufacturing exports will bring in around £14.4 billion to the Scottish economy this year, according to a new study from Barclays Corporate Banking.