New data has shown that the global non-life run-off market continues to grow, with estimated liabilities rising 11% to $960 billion (£822.5bn) since the beginning of 2021, according to PwC’s latest global insurance run-off survey.
Left to right: Invest2Scale partners Michelle Lownie, CEO & founding director of Eden Scott; Stuart Hendry, senior partner & founder at MBM Commercial; Alan Donald, development manager at Angel Capital Scotland; and Neil Norman, partner and head of entrepreneurial tax at Chiene + Tait A new
Accounting and business advice firm Wylie & Bisset has advised hospitality sector operators to plan and project to survive or exit a perfect storm of increasing energy bills just as winter approaches, higher supply and staffing costs, and inflation resulting in a fall-off in consumer spending. W
Todd Fish Tech, an innovative shellfish storage systems business, has expanded its existing premises in Dalgety Bay with the support of InvestFife and Business Gateway. Established by husband and wife team, Errin and Keith Todd, Todd Fish Tech are a manufacturing business producing their patented lo
Deloitte has reported a record revenue of $59.3 billion (£51bn) in its annual results, for the year ending 31 May 2022, an increase of 19.6%. An estimated $16bn (£13.8bn) was attributed to services sold as part of deals with big tech groups.
Australian airline Qantas has become the latest airline to offer its customers the option to book neighbouring seats, giving themselves more room on the flight. This new option will cost the customer between $30 AUD and $65 AUD (£17.72 and £38.39) and the trial is being tested across six
Edinburgh is to be showcased to the world as a centre for education on sustainable finance. An international prospectus from the Global Ethical Finance Initiative (GEFI) has been produced to target students and professionals seeking a career in ethical, green, and socially responsible financial serv
As the UK confronts a highly volatile and uncertain inflationary outlook, PwC has predicted growth in Scotland will sit approximately 0.5 percentage points behind the UK average this year and, like the rest of the country, will be highly dependent on gas prices. The two possible scenarios outlined i
Johnston Carmichael has bolstered its specialist support for entrepreneurial businesses and investors with a new head of entrepreneurial tax based in the Central Belt. Joining from French Duncan, Stephen Oates has more than 17 years’ experience in tax, with significant expertise in workin
Cryptocurrency markets have lost significant value in recent weeks as the total market dropped below $1 trillion (£867 billion). The losses come as the two main digital currencies, Bitcoin and Ethereum, have taken heavy losses, dropping 5.9% to $18,720 and 9.2% to $1,514 respectively. This is
New data from the Office for National Statistics (ONS) has shown a recent slowdown in monthly mergers and acquisitions (M&A) activity, as domestic M&A deals were valued at £2.9 billion for Q2 2022 - £0.9bn less than Q1 (£3.9bn). Data suggests M&A activity has been
Figures compiled by Highlands and Islands Enterprise (HIE) have shown that businesses and communities supported by the agency achieved a strong performance in 2021/22 despite considerable economic disruption and uncertainty. Investments during the year supported businesses and social enterprises to
A new survey of accounting professionals has shown that the accountancy industry will undergo a major digital transformation. The survey by Moss, a fintech specialising in finance management of SMEs, showed that more than half of respondents (57%) predict that accountancy will become completely clou