Search: financial focus

Flaws found in the way Scottish Canals recorded and valued its assets meant auditors could not give an opinion on its accounts, according to a new report published by Audit Scotland. Scottish Canals' status changed from a public corporation to a non-departmental public body in 2020/21. That cha

Consumer confidence fell by one percentage point for a second consecutive quarter in Q4 2021, reaching -11%, according to the latest Deloitte Consumer Tracker.

Mortgage debt in the Edinburgh postcode accounts for almost a quarter of the Scottish total, according to an analysis of the latest data by property firm DJ Alexander Ltd. The firm said that of the £66,887,491,181 of outstanding mortgage debt in Scotland Edinburgh accounted for 23.9% of the to

The Balbirnie House Hotel in Fife has hailed a record number of wedding bookings in January, despite losses due to COVID-19 having approached £1 million in the last two years. Accounts filed with Companies House revealed that the hotel suffered a loss of £179,000 in the year to April 202

Tom Dorner and Stuart Brown, managers of the ASI Europe ex UK Income Equity fund, which is run by abrdn, discuss how European equity income can offer help in an uncertain global market. 2021 was great for equity investors. The strong economic recovery from Covid-19 supported significant positive ear

Annual house price growth increased to 11.2% in January, from 10.4% in December, according to the latest Nationwide UK House Price Index.

Digital Xtra Fund, a Scottish charity that is backed by both the public and corporate sectors, has invited applications for initiatives to drive digital skills for young people across Scotland in 2022/23.

Edinburgh has been named as the best British city for business outside of London, according to a new report from business magazine Management Today.

KPMG has withdrawn from bidding for Scottish Government contracts after Scottish ministers put their relationship under scrutiny following a series of high-profile accountancy scandals.  KPMG recently won a controversial £546,000 National Care Services (NCS) contact, which led ministers t

With research from the Federation of Small Businesses showing that a third of Scottish business owners faced an increase in late payment in the last quarter, chartered accountant Wylie & Bisset is advising SMEs that knowledge is key and cash is king when dealing with the issue. Catherine Livings

A report on the gender pay gap at Big Four accountancy firm Deloitte has revealed the persistent gender pay gap within the sector.

Scotch whisky giant Diageo has reported net sales of £8 billion, an increase of 15.8%, across all UK regions in the second half of 2021. Organic net sales grew 20.0%, which the firm said was driven by strong double-digit growth across all regions, supported by effective marketin

Duncan Cockburn, chief executive of One Banks Hub, discusses how the bank is trying to bridge the growing digital divide in Scotland. There used to be three banks on the high street of Kilwinning, a small town in Ayrshire. However, three years ago the last branch, the Royal Bank of Scotland, closed,

Scottish corporate insolvencies in the final three months of last year were 77% higher than in the final quarter of 2020, according to the latest figures published by the Accountant in Bankruptcy.

Startup Grind Scotland has secured funding to take Scottish startup and scale-up founders to the two-day 2022 Startup Grind Global Conference in Silicon Valley in April.