In an environment of soaring interest rates and stubborn inflation, UK households continue to feel the sting of the ongoing cost of living crisis, with a cumulative loss of £65 billion in spending power forecast by May 2024, according to research by Grant Thornton UK and Retail Economics.
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Scotland has experienced a continued downturn in hiring activity, with permanent staff appointments contracting for the fifth month in a row due to economic uncertainty and hesitations from candidates in seeking new roles, according to the recent RBS Report on Jobs survey. While permanent staff
In a revelation by the UK's Information Commissioner’s Office (ICO), it has emerged that a former tracing agent for Royal Bank of Scotland, resorted to unscrupulous methods to assist the bank in debt recovery.
Infinityblu Dental Care and Implant Clinic, a Perthshire-based dental group founded by Chris Barrowman, has invested £600,000 to acquire two new practices. The recent acquisitions in Auchtermuchty and Galashiels increase the group's portfolio to 11 practices nationwide. The firm has also shown
Grant Thornton UK's Scotland corporate finance team has witnessed an impressive first half of 2023, successfully overseeing eight deals in H1, totalling more than £175 million. Most recently, the team, led by partner Neil McInnes, advised on Ancala Partners' investment into Noventa Energy
Restructuring firm Begbies Traynor has reported an 11% rise in revenue, from £110 million to £121.8m, and a 16% increase in adjusted profit before tax, from £17.8m to £20.7m, for the financial year ending 30 April 2023. This success was attributed to the firm's expanded focus
Scottish housebuilder Springfield Properties has confirmed the appointment of Iain Logan as the company's chief financial officer. He has been serving as interim CFO since March 2023, bringing experience from his previous roles as finance director and group financial controller within the company.
Edinburgh-headquartered Business Stream, one of the UK’s biggest water retailers, has appointed an experienced people director as part of a triple appointment. Gail Cockburn has joined Business Stream having spent close to 20 years with the country’s leading whisky distributor, Edrington
SBP Accountants & Business Advisers (SBP), a North-east accountancy firm with offices in Aberdeen, Peterhead, Fraserburgh and Banff, has announced the promotion of Sophie Hannah to the position of director. Ms Hannah, 26, joined SBP in 2013 as an accounts assistant following work experience duri
A jury has determined a document penned in 2014 by Aretha Franklin and found beneath a sofa cushion years later to be a legitimate will.
Healthcare experts from Harper Macleod have advised the buyers of a pharmacy business in South Queensferry. AMDG Pharma Ltd is the new owner of a community pharmacy in South Queensferry, previously operated by Lloyds Pharmacy. The purchase of the business ensures the continuation of vital pharmacy s
Loganair has announced it will be stopping its Dundee to Belfast route later this year, after low passenger numbers made the offering financially unsustainable.
Business support organisation Stirling Enterprise Park (STEP) has appointed Traci Titterington as its new rural business adviser, in a move to bolster the rural business sector in Stirling, which comprises 47% of the region's business community. Ms Titterington brings a wealth of experience in retai
Scottish Dental Care Group (SDCG), a provider for both NHS and private sectors, has secured another multi-million-pound investment from BGF, marking BGF's second investment within a span of just over a year. This investment aims to bolster the group's acquisition plans, which are designed to increas
Edinburgh-based enterprise training platform Administrate has secured a £5 million investment round from current backers Archangels, Mercia, and the Scottish National Investment Bank, with Hambro Perks joining the round as a fresh capital partner. The funding will fuel Administrate's rapid exp