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CFOs see bank borrowing and debt issuance as less attractive sources of finance now than at any time since the financial crisis, according to Deloitte’s UK CFO Survey, Q4 2022. As a result of this demand for credit is well below average levels and flagging with CFOs, with only 28% saying they

Despite challenging economic forecasts, the majority of Scottish businesses expect 2023 to be more successful than 2022, according to the latest Bank of Scotland survey.

Sixco Limited, the Glasgow-based group behind the Six by Nico restaurant network, has revealed improved turnover and profits, together with ambitious growth plans, as it bounces back from Covid restrictions. The group, which serves over 10,000 diners per week across 13 sites in the UK and Ireland, r

Shetland Islands Council has announced it has appointed Paul Fraser as head of finance. Mr Fraser will join the Council from 9th January, taking up the post most recently held by Jamie Manson, who took on the role of finance director at Highlands and Islands Airports Ltd late last year.

The British Business Bank (BBB) has announced plans to launch a £150 million investment fund this summer, aimed at driving the growth of small and medium-sized businesses in Scotland. The Investment Fund for Scotland is one of a series of nations and regions investment funds being launched by

AAB Wealth, part of the AAB Group, has acquired Kilkee Financial Services Ltd (Kilkee), based in Aberdeen. Founded in 2002 by Geoffrey Purcell, Kilkee has over 100 clients in Aberdeen and offers professional advice to families and individuals regarding their financial future. The transacti

Accountancy firm Azets has appointed SME and owner managed business specialist Xanthe Tremain as a new partner in the accounts and business advisory services (ABAS) team. The firm's ABAS team oversees the technology-led delivery of all compliance services such as year-end accounts, VAT returns, mana

It seems that the shift towards a cashless society has brought about an unexpected but perhaps obvious benefit in Denmark, where bank robberies have fallen to zero. According to Finans Danmark, an industry association, the decline in physical currency usage has led many Danish banks to stop offering

Growth strategist Craig Alexander Rattray has launched an initiative to help construction business owners build for the future. The Glasgow-based cash flow expert will deliver a series of ‘Know Your Numbers’ masterminds, tailored specifically for business owners in the sector.

Deloitte has lowered the temperatures in its 22 offices by two degrees Celsius over the Christmas period in order to save money on rising energy costs.

WL Gore and Associates, a Dundee-based company that manufactures cables for use in space, has reported profits of over £10 million for the fiscal year ending March 2022. The company, which is located at the Dundee Technology Park and also has a facility in Livingston, experienced strong growth

Two-thirds of Scots plan to reduce their non-essential spending in 2023, according to research released by KPMG.

Edinburgh-based investment syndicate Archangels invested a total of £13.4 million in 11 early-stage tech and life science companies in Scotland in 2022. The total investment for 2022 among 11 businesses marks a 14% increase on Archangels’ investment activity in 2021 (11.8m).

Lindsays has reported a year-on-year increase in the average price of properties it has sold, with the average price in Edinburgh reaching £325,000. Despite ongoing economic uncertainty and political turmoil, the firm believes market appetite remains steady and notes that predictions of price

KPMG has announced the appointment of 63 colleagues in the firm's tax and legal arms to the positions of director or partner. These announcements at the professional services firm come as part of several others including 108 new partners (including 26 in tax and legal), seven associate partners and