The majority (90%) of medium-sized businesses in Scotland can only continue trading for up to nine months with current funding arrangements, according to new research from accountancy and business advisory firm, BDO. BDO’s second Re-thinking the Economy survey reveals that medium-sized busines
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The closure of courts due to the coronavirus lockdown led to a complete halt in the prosecution of high-value fraud cases in Scotland during the first half of 2020, according to data from KPMG. The firm’s bi-annual Fraud Barometer measures fraud cases with losses of £100,000 or more reac
UK manufacturing activity reached a 16-month high last month, marking the fastest expansion since November 2017, according to the latest IHS Markit/Cips UK manufacturing purchasing managers’ index (PMI).
A survey of more than a thousand businesses across the Highlands and Islands shows a marked decline in confidence in Scotland’s economic outlook.
Mark Bustard, CEO of The Industrial Biotechnology Innovation Centre (IBioIC), details Scotland can grow a clean, sustainable economy in the wake of the coronavirus pandemic. The idea of a net-zero carbon emissions and zero waste economy isn’t as far- fetched as some may think. The k
A treasure hunter who posted his rare finds online has been arrested for allegedly plundering archaeological sites with a metal detector.
Virgin Money, the owner of Clydesdale Bank, has launched a new £400,000 Community Anchors’ Fund, in partnership with the HFD Charitable Foundation to help community groups in Glasgow. The fund has awarded the first ten of up to 30 grants to support community groups whose activities have
A round-up of business news from across Scotland featuring: CleanTEC's £20,000 premises investment, The opening of this year's Business Women Scotland Business Awards, Complete Weed Control's new jobs and lucrative contract wins, VeriCall's lease agreement with Fife Council and
HMRC has recently updated its Making Tax Digital (MTD) guidance to reflect that, from 1 April 2022, all businesses registered for VAT in the UK will need to comply with MTD and file their VAT returns through functionally compatible software that links to HMRC’s API platform, according to chart
Whisky giant Diageo, which owns Guinness and Johnnie Walker, has seen its half-year profits almost halve to £2.1 billion in the year to June 30 as the firm has hit by the closure of pubs and restaurants in the wake of the coronavirus pandemic. The firm's shares dropped by 5.9% t
Gold prices broke through $2,000 an ounce for the first time yesterday as investors continued to seek a safe haven amid doubts over the dollar.
Two Glasgow pubs have received £1 million in funding from Heineken, enabling them to make vital refurbishments which will allow them to emerge from the coronavirus pandemic in a stronger position. The Princess in Riddrie and The Drum in Shettleston have revamped their interiors and are looking
UK new car registrations rose for the first time this year as pent-up demand from the coronavirus lockdown helps to lift the market, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT).
Cadogan Street in Glasgow’s International Financial Services District (IFSD) is to receive at least £1 million of public realm improvements after it was revealed that investors are being put off by the street's poor condition. It is hoped that work will start in autumn this year and will
Aberdeen-based chartered accountancy firm Hall Morrice has appointed David Ewen as its new audit and accounts senior manager. David Ewen, who initially trained with Hall Morrice, will re-join the team after a ten-year period working in the industry in a variety of roles.