News

The first signs of the cost-of-living crisis in pensions is beginning to emerge, a Pensions and Lifetime Savings Association (PLSA) survey of 112 pension schemes has found. One in five pension schemes surveyed by the PLSA have seen savers asking about reducing or stopping their pension contributions

Early-stage companies bringing new products and services into Scotland’s bioeconomy are to be offered free support through Biotech Innovators – a new accelerator programme that will provide SMEs, spinouts and start-ups with access to commercial and technical expertise. Launched today by

More than 8 out of 10 Global and UK CEOs anticipate a recession over the next 12 months, according to new research from KPMG. The KPMG 2022 CEO Outlook asked more than 1,300 CEOs at the world’s largest businesses about their strategies and outlook – including 150 in the UK – reveal

Scotland’s economy is likely to contract in the second half of 2022, according to researchers at the Fraser of Allander Institute. The Institute’s quarterly Economic Commentary, which includes an assessment of all the key latest data on the UK and Scottish economies, is published today.

The Financial Reporting Council (FRC) has published a report on Navigating barriers to senior leadership for people from minority ethnic groups in FTSE 100 and FTSE 250 companies. The report shows that, while there are still significant challenges to be addressed, the need for change has been taken

Walker’s Shortbread has seen its annual profit rise by 89%, from £2.6 million to £6.8m in the last year. According to the firm's latest annual results for the year ended 31 December 2021, turnover rose by 8% to reach £142.4m despite disruptions in the supply chain and increas

HMRC is reminding businesses that from Tuesday 1 November, they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns. By law, all VAT-registered businesses must now sign up to Making Tax Digital (MTD) and use compatible software to keep their VAT re

There has been a huge increase in demand for online advice around mortgage issues, new data from Citizens Advice Scotland (CAS) has revealed. The latest data report from the charity, covering August 2022, found a 25% increase in views of the web page “What to Do If You Can’t Pay Your Mor

Climate chief Hannah Jones is among the line-up for tomorrow’s EIE22 tech investor showcase. Ms Jones is the CEO of The Earthshot Prize, a prize and platform founded by HRH The Prince of Wales and the Royal Foundation in 2021 to search, spotlight, and scale solutions that can repair and regene

A court has ordered that thousands of bunnies be destroyed – chocolate ones, that is. German supermarket Lidl has been told by a Swiss court to stop selling its sweet treats since they are too similar to Lindt bunnies and are liable to sow confusion.

Sustainable solutions firm RSK Group has acquired Glasgow-based engineering solutions provider WGM Engineering for an undisclosed sum. The Glasgow-based family business was established in 1986. Today, a team of 365 supports the provision of mechanical, electrical, and civil engineering disciplines.

Scottish Brewer Innis & Gunn’s financial results ending December 2021 show continued growth, with the firm delivering total gross profit of £7.4 million in 2021, a 7.4% increase from 2020. The firm's financial results ending December 2021 show robust brand performance and a solid com

Scottish Borders Council has received plans for a new whisky distillery to be built on the site of Grahamslaw Farm near Kelso. Plans for The Grahamslaw Distillery Company are being led by business woman Sarah Lang alongside a group of whisky experts, with the aim of converting Grahamslaw Farm into a

Wylie & Bisset, Accountants and Business Advisers, had revealed that some mini-Budget measures for businesses have been obscured by Chancellor Kwasi Kwarteng’s plan and subsequent U-turn on the proposed removal of the 45p income tax rate, paid by those earning more than £150,000 a ye

PwC firms around the world achieved gross revenues of US$50.3 billion – up 13.4% in local currency and 11.4% in US dollars for the 12 months ending 30 June 2022. The results have revealed that revenue growth was strong throughout the year, following the rebound in the last quarter of FY21 as t