Scotland's listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon's latest Profit Warnings report. Ten profit warnings were issued in 2023, with six in Q4 alone. The number of Q4 wa
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Emergency Repair, Scotland’s first all-trades national emergency repairs company, is on track to record a turnover of £1 million in its first six months of trading. With 2000 emergency trade specialists and experienced engineers on call across the UK, the firm covers the length and bread
Award-winning Aberdeen entrepreneur Andrew Smith has recently launched his latest venture, KLT Networking, aimed at empowering companies and individuals to enhance their business-winning capabilities. Previously the owner of Aberdeen Business Network (ABN) for 14 years, Mr Smith successful
Highland Coast Hotels, the Scottish-based hotel group, has added its eighth property to its portfolio.
A family-run business based in Lanarkshire has successfully expanded its services to offer the latest drone technology across the UK after its owners accessed support from Business Gateway.
Pictured (L-R): Foras co-founder Dec McLaughlin; Colin Graham, partner and chair of Thorntons; Foras co-founder Caro Melendez; Alistair Lang, partner and head of ventures and innovation at Thorntons; Foras co-founder Nick Murray Thorntons Solicitors and Foras have formed a new strategic partnership
Changes to what constitutes a high-net-worth individual (HNWI) are likely to have the unintended consequence of negatively impacting on women investors and women-founded businesses in Scotland, investment specialists have said. From 31 January 2024, new regulations under the Financial Promotions Ord
There has been a 2.7% decrease in Scottish retail footfall, slightly better than the UK average of 2.8% year-on-year during the period of 31 December 2023 to 27 January 2024, the latest SRC-Sensormatic IQ data reveals.
Some 18.2% of UK-listed companies issued profit warnings in 2023, surpassing the levels witnessed during the 2008 financial crisis, as indicated by EY-Parthenon's latest Profit Warnings report. In total, 294 profit warnings were issued in 2023, a small decrease of 11 from 2022 when 305 warnings were
Business confidence in Scotland rose 11 points during January to 42%, according to the latest Business Barometer from Bank of Scotland.
Business confidence in Scotland has dropped below both the UK average and the historical norm for the country, but remains in positive territory, according to a new survey of chartered accountants. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Q4 2023 put confidence at 2.0
European intellectual property firm Potter Clarkson has opened new offices in Glasgow. Located in the heart of Glasgow city-centre on West Regent Street, the team will be headed up by partner Deborah Maxwell who has more than a decade of experience as a patent and design attorney and is recognised a
Baillie Gifford is to close four fixed-income funds and focus on growing its fixed-income business exclusively in the UK market, as the Edinburgh-based investment management firm prepares to lay off dozens of employees. It has been reported that Baillie Gifford is closing three funds from its I
Aberdein Considine has announced that it has moved its main legal and wealth office in Aberdeen to new premises in the Granite City. The law firm, which has a team of 464 and 21 offices – 19 in Scotland and two in England - has relocated its main legal and wealth teams to Blenheim House in the
James Scott and Sons, the Scottish manufacturer of commercial kitchens, is ready to embark on an exciting new chapter thanks to a £450,000 grant secured by Consilium Chartered Accountants. The grant, awarded through Scottish Enterprise's Regional Selective Assistance (RSA) programme, will fuel