Business

A new study from CMC Markets has found that Edinburgh, Birmingham and Manchester offer the next best opportunities for a career in finance after London. London may be the country’s banking hub, yet there are 15 places across the UK and several unexpectedly finance-friendly towns that offer sur

Chancellor Kwasi Kwarteng has U-turned on plans to abolish the 45p rate of income tax for higher earners in the UK. The plan to remove the 45p rate, paid by those earning more than £150,000 a year, was announced on September 23 as part of a package of tax cuts planned by the UK Government.

Hardies Property & Construction Consultants has acquired long-established Aberdeen-based quantity surveying practice BDG Thomson Gray for an undisclosed sum. A strategic move, the acquisition bolsters Hardies’ service offering in the northeast, where it did not have a QS department.

Invest2Scale has announced key sponsors which will be supporting next month’s inaugural event where revenue-generating, scalable Scottish companies will be showcased. The list of sponsors includes MarktoMarket, British Business Bank, The Scottish National Investment Bank, Cazenove Capital, and

Deloitte has opened applications for 35 charities and social enterprises to join the second cohort of Deloitte Digital Connect, a programme that helps charities scale their impact. Selected charities will take part in six months of digital training and receive advice and access to a peer network to

Glenfiddich Scotch whisky and Hendrick's Gin owner, William Grant & Sons, has seen a 3% rise in profit in the last financial year. The firm's turnover rose by 12% to £1.4bn, while profits after tax rose to £248m from £240.4m, according to its latest full year report.

The pound’s fall could see overseas investors’ share of investment in Scottish commercial property reach record levels, according to Knight Frank after data for the first three quarters of the year showed they account for more than half of current volumes.

Luxury textiles company Ava Innes is seeking its first round of investment to support its growth across the UK and within the booming US market. To capitalise on the growing global luxury bedding market, which was valued at $2.43 billion (£2.18bn) in 2021 and is projected to reach $2.85bn

Muir Group, the Scottish property developer and contractor, has announced its financial results for the year 2021/2022 revealing a pre-tax loss of £4.3 million as it restructured the revenue profile at Muir Homes. The firm said the pre-tax loss was a result of challenges facing the whole

Edinburgh-based Miso Legal, has raised substantial seed funding from an international group of angel investors, supported by Thorntons’ specialist high growth team. The funding - an undisclosed amount - will enable Miso Legal to invest in further enhancing and marketing the case analysis platf

Fife-based eye imaging company Optos has reported 14% annual revenue growth for the year ended March 2022 resulting in record group revenues of $254 million. News of this significant growth coincides with 30th anniversary of the business.

Dunedin Income Growth Investment Trust, a fund managed by abrdn, has posted strong half year results for the six months ended 31 July 2022. Against a difficult backdrop, the company, has delivered an almost flat absolute return for the six-month period. In addition, the portfolio continues to exhibi

Mounting inflation and increased taxation will leave the average UK household without enough money to cover all of their monthly living costs from later this year, according to new research. A new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) has revealed that

Edinburgh-based investment syndicate Archangels has generated up to £1.4 billion Gross Value Added (GVA) for the Scottish economy from its investments in the life sciences and tech sectors. The analysis, conducted by the University of Glasgow’s Adam Smith Business School, found that the

Business confidence in Scotland rose 10 points during September to 15%, ending three consecutive months of decline, according to the latest Business Barometer from the Bank of Scotland Commercial Banking.