News

In a year marked by challenges and transformation, Peter Vardy Group showcased resilient financial performance reporting a 5% year-on-year increase in turnover, taking the figure to £609 million for the year ending 31 December 2022. However, profitability faced headwinds, with earnings before

Bill Gates booked a Michelin-Star restaurant for two days straight to drink a Diet Coke and leave without eating any of the $313 meal.

Scotland is outpacing the UK in the growth of goods exports, according to figures from the HMRC Regional Trade Statistics for Q2 2023.

A fundraising campaign is underway today to re-open Edinburgh’s Filmhouse, a well-loved cinema known for presenting one of the most ambitious and diverse cinema programmes in the UK. The ambition is for Filmhouse to open its doors once again in 2024. Newly formed charity Filmhouse (Edinburgh)

Scottish independent investment bank Cavendish has been formally established through the merger of Cenkos Securities and finnCap Group. Operating from Cenkos’ existing offices in Edinburgh, Cavendish will now add M&A, private capital and debt advisory to its existing equity capital markets

Scotland’s care homes sector is facing an uncertain future due to mounting financial and operational pressures, including shortfalls in local authority funding, with further closures and a contraction in capacity likely, an insolvency expert is warning. Around 1,050 care homes in Scotland with

PwC Scotland has reported a 12.5% increase in graduate recruits this year, with a total of 90 students joining the firm's offices in Glasgow, Edinburgh, and Aberdeen. Of the new recruits, the majority (43) will join the Edinburgh office, with 37 based in Glasgow and 10 in Aberdeen - with 77% of the

Accounting firm Armstrong Watson has reinforced its commitment to nurturing young talent by welcoming 51 trainees and graduates. Among the new starters are 17 AAT students and two ATT students who will be working towards their apprenticeship qualifications in accounting and tax compliance. There are

House prices in Scotland have continued to fall with the price balance now at its lowest outside of lockdowns in over 10 years, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

Research into the relationship between financial vulnerability and mental health, and the development of a portable system for monitoring hormonal fluctuations, are among the latest projects to have been backed by a national inward investment fund. The announcement coincides with the opening of a ne

Rivtide Power, a subsidiary of MWNW Consulting Ltd, has been awarded a £100,000 SMART: SCOTLAND feasibility study grant by Scottish Enterprise to further develop its tidal energy technology. The SMART: SCOTLAND feasibility grant is a Scottish Enterprise research and development grant that aims

The Institute of Chartered Accountants of Scotland (ICAS) highlights key concerns in response to the Financial Reporting Council’s draft revised UK Corporate Governance Code, and calls for any changes to support wider government objectives to grow the economy. The institute also wants to see e

In a deal that's breaking records and raising eyebrows, Apple has reportedly paid $5 million (£4m) for the rights to Michael Lewis's unpublished book, Going Infinite, centred around the infamous Sam Bankman-Fried (SBF), founder of now-collapsed crypto exchange FTX. The figure is unprecede

Recent labour market statistics from the Office for National Statistics (ONS) have revealed a mixed picture for Scotland's workforce. For the period between May to July 2023, the employment rate in Scotland increased by 0.5 percentage points to 75.1%, while the unemployment rate rose to 4.3%, up by

The UK economy has contracted by 0.5% in July, erasing the growth it had achieved in the previous month. According to the EY ITEM Club, a broad-based decline in GDP across all three main sectors – services, construction, and industrial output – occurred for the first time since June