Scotland’s small business confidence fell again in the final quarter of 2022, latest figures from the Federation of Small Businesses (FSB) show. The small business group’s Small Business Index (SBI) now sits at -50 points for Scotland, down on the -45 reported the previous quarter. It is
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Experts in industrial cleaning and emergency response for the global energy industry, NRC UK has been bought over by two long-term industry senior executives for an undisclosed sum. The buyout has been hailed by its managing director as a landmark in the company’s growth which will with immedi
Donald McNaught, restructuring partner at accountancy and business advisory firm Johnston Carmichael, has been appointed as interim liquidator of Staels Design Limited, trading as WheelAir. The Glasgow-based disability equipment supplier has developed a range of innovative products to regulate the t
Global IT firm transACT Technology Solutions is set to create 20 new jobs in Glasgow after the firm established its Scottish headquarters in the city. The move comes as part of an international expansion for the London-based firm, which celebrates its 10th anniversary this year.
Wylie & Bisset, accountants and business advisers, has backed calls from the Scottish hospitality sector for business rate support. The firm agrees with UKHospitality (UKH) Scotland that a lack of business rates support for Scottish hospitality is unfairly hindering the sector in comparison to E
The Port of Grangemouth, Scotland’s largest freight hub, has delivered an abundant ‘tattie’ season with 65,000 tonnes of seed potato exported around the globe from Grangemouth. The busy container terminal grew annual volumes with 150,000 containers moving through the port in 2022.
BDO’s Scottish corporate finance team has advised on 39 completed deals in 2022 with a total value of £1.9 billion. The deals were across a variety of sectors including technology, support services, real estate and healthcare, with private equity transactions a significant feature&n
Two Scottish companies have joined the British Business Bank's Future Fund, revealed by the published list of 53 additional companies in which the bank holds an equity stake, taking the total to 515 as at end of December 2022. Companies in which Future Fund is now a shareholder include Edinburgh-bas
In a statement of objections issued today, the Financial Conduct Authority (FCA) alleged that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its parent company Small World Financial Services Group
Law firms and accountants that fail to do enough to prevent fraud are the target of the UK government's Economic Crime and Corporate Transparency Bill.
Last year some of Scotland's most promising businesses received £705 million of venture capital (VC) investment, the largest amount on record, according to KPMG’s latest Venture Pulse Survey.
Easyjet has launched a 'beach-in-a-box' kit for Brits who are not in a situation where they can book a holiday.
The cost of doing business crisis remains the overriding concern for Scottish firms according to the latest Addleshaw Goddard Scottish Business Monitor report, which showed a glimmer of hope with overall business sentiment returning to positive territory after slipping into the red last year. Produc
New data from financial mutual Scottish Friendly has revealed that the number of new stocks and shares ISA policies opened by adults in Scotland fell 17% year-on-year in the three months to December 2022. Sales in the run-up to Christmas were significantly lower than the previous year and the value
Business confidence in Scotland has fallen to its lowest recorded point for 14 years, according to a survey of chartered accountants published today.