Over three fifths (68%) of small and medium-sized businesses (SMEs) in Scotland are expecting to see revenues rise this quarter when compared to the same period last year, according to the latest quarterly Barclays SME Barometer. On average, Scottish SMEs expect to see a 10.4% rise between the month
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Nearly 12,000 new businesses have been set up in Scotland since the start of the year, according to new research from insolvency and restructuring trade body R3. R3’s figures, which are based on an analysis of data provided by Creditsafe, reveal that 11,783 new businesses were set up in the na
Professor Graeme Roy has been appointed to be the new chair of the Scottish Fiscal Commission, Scotland’s official independent economic and fiscal forecaster. Following a vote in the Scottish Parliament, Kate Forbes, cabinet secretary for finance and the economy, sealed the appointment of Prof
Highlands and Islands Enterprise (HIE) has partnered with Scottish Development International (SDI) and the Department for International Trade (DIT) to launch a global initiative to attract overseas manufacturing companies of scale to ports in the Cromarty and Moray Firths. The main target of this in
Employment tribunals involving menopause have increased by 44% year on year, according to an analysis of court records by Menopause Experts Group in its annual The Trials Of Menopause Report. There were 23 employment tribunals referencing menopause in 2021, compared to 16 in the previous year. &lsqu
According to a Freedom of Information request by Pinsent Masons, the UK is closely monitoring hundreds of companies that could be using offshore tax havens to reduce their tax bills, under a new system that requires authorities from the British Virgin Islands to the Caymans to share information.
AAB, the tech-enabled business-critical services group, has announced the launch of its new branding, as it continues to implement bold growth plans. Driven by a desire to provide clarity and consistency as the group continues to grow and innovate, the rebrand will also position AAB for future growt
KPMG is to cut the number of companies it audits to focus on improving its standards after a series of scandals, including the collapse of government contractor Carillion. The Big Four firm's decision to reduce its client numbers comes as more than 70 stock market companies put their audit contracts
Lawmakers in Thailand have been criticised after it was revealed that the country's new parliament building includes a karaoke room. The Sappaya-Sapasathan also features a running track, massage room and golf driving range.
Proposals to help tackle the climate and biodiversity crisis by supporting Scotland’s transition to a zero-waste and circular economy have been launched. The measures, designed to significantly increase reuse and recycling rates, and modernise and improve waste and recycling services, are set
The median FTSE 100 CEO package for 2021 returned to pre-pandemic levels at £3.62 million, according to a preview of Deloitte’s 2022 AGM season report. The research found that while total pay rebounded following 2020, it has stayed below the peak level seen in recent years - a high of &p
Projects which will improve Scotland’s timber transport infrastructure, benefit rural communities and help to decarbonise the forestry sector, have been awarded over £7 million from the Scottish Government. Work to upgrade fragile rural roads, the creation of new forest haulage routes, a
There are currently 195 employee-owned businesses (EOBs) operating in Scotland, according to new research commissioned by Co-operative Development Scotland (CDS), which is part of Scottish Enterprise. The research has given the clearest picture yet of Scotland’s EOBs and their economic contrib
New tax-free childcare statistics from HMRC have revealed that 29,110 families in Scotland received up to £2,000 towards the cost of their childcare during the 2021 to 2022 tax year, up from 20,330 in the previous year. Tax-free childcare provides thousands of eligible working families with vi
A Picasso painting owned by Sir Sean Connery has sold for £17 million at an auction. The late actor's family listed the artwork for sale to raise funds for the Sean Connery Philanthropic Trust, which will share the proceeds between good causes in Scotland and the Bahamas, where he lived for ov