Two-thirds (66%) of media and technology businesses have claimed it has been difficult to access the necessary funding in the UK during the last six months, according to a survey conducted on behalf of RSM UK. Only a third (33%) of businesses surveyed were able to easily access funds in the UK.
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Scotland's hotel sector has experienced robust performance this summer, with luxury hotels playing a pivotal role in the post-pandemic recovery, average room rates have grown as well as revenues per available room across Scotland.
Audit, tax and consulting firm RSM has announced 25 new promotions to director level, including three in Scotland. Jane Roberts has become director in the corporate finance and due diligence team, while Rob Pullar has been promoted to corporate tax director. Ms Roberts and Mr Pullar are both based a
Scotland's hotel industry experienced a robust August, with increased room rates, higher occupancy, and a boost in gross operating profits, largely driven by popular events like the Edinburgh Fringe Festival, according to RSM Hotels Tracker.
Audit, tax, and consulting firm RSM has expanded its operations in Scotland by onboarding a record 57 new trainees, marking a 16% increase compared to the previous year. The new recruits will be spread across the Edinburgh, Glasgow, Aberdeen and Lerwick offices. The majority of Scotland’s trai
Scottish hotels experienced a larger-than-normal surge in room rates in May, bolstered by three bank holidays that increased demand, as per the RSM Hotels Tracker.
Scottish commercial landlords are grappling with new energy performance certificate (EPC) legislation and future decarbonisation targets, according to a report by audit, tax and consulting firm RSM UK. Increases to minimum EPC ratings have already been legislated in England and Wales, with all comme
Scotland's hotel industry experienced a surge in April, reflected by increasing occupancy levels, average room rates, and gross operating profits, ahead of the summer season.
Despite the largest interest rate rise in a generation, middle market businesses are demonstrating remarkable resilience, investing in people and productivity to rebuild profit margins, RSM’s latest Middle Market Business Index (MMBI) has shown. The MMBI has risen to 131.4 in Q1, an incre
The number of new technology companies incorporated in Scotland increased 22% in 2022, according to analysis of Companies House data by RSM UK. A total of 1,367 new tech businesses were incorporated in Scotland last year, up from 1,124 in 2021.
The recent announcement of two successful bids for Scottish freeports is expected to bring significant economic benefits, particularly in manufacturing and accelerating the country's green transformation, writes Stuart McCallum, partner and head of manufacturing, RSM Scotland. With a degree of
Taxation expert Ross Stupart gives insight into what high earners may expect from the Scottish Government's forthcoming budget — expected on 15 December. As the UK Government reduces the threshold for the 45% income tax rate to £125,140 (from £150,000) there’s a reasonab
Audit, tax and consulting firm RSM UK has announced 40 new promotions to director, including the firm’s Scotland and Northern Ireland offices. RSM UK has strengthened its tax faculty with the promotion of corporate tax specialist Will Simpson in Edinburgh. In Northern Ireland, Kieran Jones has
New draft legislation to change the R&D tax relief regime will create a vacuum of inequalities for businesses seeking relief according to audit, tax and consulting firm RSM UK. The changes will come into effect for accounting periods beginning on or after 1 April 2023. This will create marked in
Accountancy firm RSM UK has said that the UK Government's lack of clarity on employment status will lead to continuing confusion over tax and workers rights. Yesterday, the government published its paper, Employment status and employment rights guidance, which contains guidance on employment status