A total of 649 businesses fell into insolvency in Scotland since March last year, according to new figures released by insolvency service Business Rescue Expert. The firm has analysed data from the past 12 months to reveal the Year of Lockdown report, which reveals the state of businesses, the
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Opus Business Advisory Group has moved into the Scottish market with the opening of its first Scottish office in Glasgow, led by experienced local insolvency and restructuring expert Mark Harper. With this expansion, Opus will have eleven locations including Glasgow, stretching from Bristol in
Ben Ritchie, head of European equities at Aberdeen Standard Investments, discusses the growing investment opportunities available in Europe and provides an outlook for 2021. For many years the narrative on Europe as an investment region has been a tale of caution. The perception of the continent bei
Aberdeen City Council is seeking damages from US sportswear brand Under Armour after a local government pension fund lost millions of pounds. The North East Scotland Pension Fund (NESPF) administers a scheme for 71,000 workers including Aberdeen, Aberdeenshire and Moray council staff.
The Scottish Government has paid out more than half a billion pounds in lifeline support to Scottish businesses affected by the coronavirus pandemic since November 2020. The Strategic Framework Business Fund had paid out £214m by 22 February according to latest figures. Approximately 89% of th
Independent business lender White Oak has announced that it has successfully provided over £270 million through the Coronavirus Business Interruption Loan Scheme (CBILS) to support UK SMEs through the pandemic. A total of £14m of the CBILS funding has been provided to Scottish SMEs.
The Alison Rose Review into Female Entrepreneurship (Rose Review), published in March 2019, demonstrated that up to £250 billion of new value could be added to the UK economy if women started and scaled new businesses at the same rate as UK men.
This week marks the 20th anniversary of Scottish Housing News.
Increasing the contactless payment spending limit could lead to a rise in thefts and fraud, consumer and finance figures have warned. On Thursday, Chancellor Rishi Sunak announced that the contactless payment limit in shops would rise to £100.
The Peter Vardy Group has entered new territory in its far-reaching charitable activities by going into partnership with a vibrant young charity in Uganda to provide mentoring support for women in some of the country’s poorest communities.
UK house prices fell by 0.1% month-on-month (m/m) in February, according to the latest Halifax House Price Index.
Finance secretary Kate Forbes has confirmed an extended cut to stamp duty for housebuyers in England will not be matched by the Scottish Government. Chancellor Rishi Sunak used his Budget to announce continued relief for property purchases, but the Scottish finance secretary said the temporary reduc
The upcoming Budget could leave many property investors and landlords between a rock and a hard place according to property management firm Apropos. The UK-wide letting firm thinks that the widely trailed rumours that the Chancellor is about to increase capital gains tax (CGT) and Corporation Tax (C
Mackie's of Scotland has seen its operating profits increase by 61% to £3.4 million over the last year as its revenue reached £16.7m. In the year ending 31 May 2020, the firm recorded bumper chocolate and take-home ice cream sales with chocolate purchases increasing by 46% after recipe r
Aberdeen-based software firm STC INSISO has signed a partnership agreement with Canadian firm Hatley Engineering and Applied Technologies Inc to distribute their COMET investigation, prevention and root cause analysis package to the Canadian and North American markets. Recently merged STC INSISO pro
