The Bank of England Governor, Andrew Bailey, has signalled that markets are correct to anticipate more than one interest rate cut this year, expressing growing confidence that inflation is heading towards the target. In an interview with the Financial Times, Governor Bailey stated that rate cuts wer
News
Aberdeen-based energy services firm Wood Group has revealed revenue growth and improved cash flow for 2022, alongside a new "Simplification Programme" aimed at driving margin expansion.
The FCA has published guidance for memes, reels and gaming streams promoting financial services. The regulator has set out how adverts across social media channels must be fair, clear and not misleading, meaning they must have balance and carry the right risk warnings so people can make well informe
The financial landscape for Scottish businesses is about to be affected by a game-changing overhaul in R&D tax credits set to kick in on 1 April 2024. Last year’s Autumn budget gave the green light to a brand-new merged R&D tax relief scheme, a shake-up which marks a significant depart
Soft drinks producer AG Barr has unveiled its financial results for the year ended 28 January 2024, revealing a pretax profit of £51.3 million, up 15.5% from £44.4m. Revenue at the soft drinks producer rose 25.9% from £317.6m to £400m year-on-year.
Leith-headquartered Castle Community Bank has reported a year of strong growth for 2023 at its AGM, with total membership figures up to over 46,000 in September. Chief executive Adrian Sargent said: “I’m proud of our team, and the growth that we have achieved this year.
A new programme has been launched by Social Investment Scotland (SIS), in partnership with NatureScot and The National Lottery Heritage Fund, to attract private investment for Scottish nature restoration projects. Funded by the Scottish Government, the scheme will provide expert guidance, coaching,
Glasgow-based digital marketing agency GRA has embarked on an ambitious international expansion phase with a series of significant contract wins from new players in the dynamic US tech sector. While Scotland remains the dominant market for the full-service agency, the move into the US arena –
A former headteacher whose son registered her business on Companies House without her knowledge is now the creator of an award-winning Scottish craft gin. Collymoon Craft Gin’s Gealach Úr Scottish Dry Gin recently won the Bronze Medal Award for Scotland in the London Dry Gin category at
Unity Trust Bank, which supports organisations delivering positive social impact across the UK, has reported record lending of over £1 billion in its 2023 annual results. This marks the first time the 40-year-old bank has exceeded this milestone, with nearly half (48.2%) of its financing in Sc
The door that was used on the set of Titanic has been sold at auction for almost a million dollars.
Following Grant Thornton UK’s Scotland corporate finance team’s recent success in advising on the sale of Artificial Lift Performance Limited (ALP), a provider of advanced analytics solutions for enhancing oil and gas production performance, to NASDAQ-listed ChampionX, the firm continue
A hotel complex in the Scottish Highlands, dedicated to members of the British armed forces, veterans and their families, has secured a six-figure funding deal to complete its transformation. Forces Manor, situated in the Cairngorms National Park and owned by former army soldier and now veteran Tony
The Financial Conduct Authority (FCA) has come under scrutiny for hiring an internal candidate lacking audit qualifications as chief internal auditor, after advertising the £220,000 role for just five working days.
North-east waste management and recycling firm EIS Waste Services Ltd has secured a £300,000 three-year contract with Port of Aberdeen. The comprehensive deal involves providing waste management and recycling services across the port's estate, from visiting vessels to office facilities.

