Calnex Solutions has achieved pretax profits of £3.1 million up from £2.3m, a 34% increase year-on-year. The Linlithgow-based company's growth in profits comes on a 37.6% increase in revenues. The firm reported £12.7m in revenues for the six month's ended 30 September 2022, up from
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Rising energy costs are the biggest concern for a quarter of Scottish businesses this autumn and winter, according to new research by accountancy and business advisory firm BDO. The bi-monthly survey of 500 leaders of medium-sized businesses reveals that a further 22% are worried about business rate
72% of people living in Scotland are likely to do all or most of their Christmas shopping on Black Friday with 56% saying they will spend between £100 and £400 on the day, according to new data from Barclays. The figures also reveal that 36% of people living in Scotland will be relying o
The creator of Sonic the Hedgehog, Yuji Naka, has been arrested for alleged insider trading.
Edinburgh-based payment orchestration provider BR-DGE has announced a new partnership with luxury tour operator Kenwood Travel. The partnership equips Kenwood Travel with the latest payment orchestration technology in order to deliver a first-class, seamless online checkout experience for customers.
Equity investment levels in Scotland’s smaller businesses continued to rise during the first half of 2022, despite well-publicised economic headwinds, according to new research published as part of the British Business Bank’s annual Nations and Regions Tracker. A total of £411 mill
Aberdeenshire-based financial advisory firm, Phil Anderson Financial Services has responded to customer demand by opening a new branch in Wick. The office situated at 13 Kirk Lane will be staffed by advisor, Kayleigh Ross and office administrator, Louise Cormack. The official opening of the office i
The estimated costs of the proposed plans to break up the stranglehold of Big Four accounting firms over the auditing business have been predicted to grow to £1 billion over 10 years, according to government figures.
Clydesdale Bank owner Virgin Money has posted annual results showing a pre-tax profit of £595 million and announced a boost to staff wages. The pay hike was announced internally earlier this month and will see the majority of the bank's 7,500 staff receive between 9% and 11% extra in total ove
Scottish biscuit manufacturer and brand Tunnock's has reported a £5 million rise in profits with turnover reaching £72m, in its latest accounts for the year ended 26 February 2022. The growth in profits show a healthy recovery from pandemic lows as pre-tax profits were £254,988 in
A plumber working in an Edinburgh flat was astonished to find a 135-year-old message in a bottle under the floorboards. Peter Allan cut a hole in the floor of a flat in Morningside when he discovered the whisky bottle complete with a rolled-up note.
Johnston Carmichael’s Wealth team has achieved two accolades after being named both the top financial adviser in the FTAdviser’s annual ranking of the top 100 financial advisors and placed within the top 100 of Citywire’s New Model Adviser (NMA) ranking. The industry recognition fo
Global corporation Marubeni Europower Limited has advanced its net zero collaboration in Scotland following the opening of its first office in Glasgow. The investment in new premises will allow the company to drive forward its work to support Scotland’s journey to net zero and follows a Memora
Investment into Scottish commercial real estate saw a significant slowdown in the third quarter of 2022, with just £200 million transacted according to Colliers, in its latest Scotland Snapshot.
A group of Scottish-based female company founders will be heading west to California later this month to attend a five-day, market-building trade mission. Supported by Scottish Government, the event takes place from 28 November to 2 December and is led by AccelerateHER, working in partnership with G