From Thursday retailers in Scotland, as well as firms in hospitality, leisure and airports, will be entitled to 100% rates relief for the 2021-22 financial year. As a result, the Scottish Retail Consortium (SRC) is urging firms to apply for relief.
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The Financial Reporting Council (FRC) has published summaries of its corporate reporting reviews for the first time. Each year, the FRC conducts over 200 corporate reporting reviews to assess whether company reports and accounts comply with relevant accounting and reporting requirements.
One in three (35%) Scots have been affected financially by the coronavirus pandemic, with household income decreasing by £430 per month on average, according to the latest research from money app Yolt. The research found that almost three in ten (28%) adults in Edinburgh have reported a financ
Despite the challenges of the past year, Barratt Developments Scotland has made a substantial contribution of £245 million to the UK economy and supported hundreds of other organisations in the supply chain. In the year ending 30 June 2020, Barratt Developments Scotland has also completed 1,34
Members of Nationwide Building Society are switching to green energy as the society takes action to help beat the looming energy price increase. The society is encouraging its members to take advantage of a six months’ free subscription to Switchd – an energy comparison tool that constan
Apple has lost the latest round of a legal fight with watchmaker Swatch over the use of the phrase “one more thing”. Switzerland-based Swatch had applied to trademark the phrase. However, Apple objected and said the phrase had been associated with Apple products for more than 20 years.
Scotland’s economy could completely regain lost ground within the next two years and outpace the UK-wide average, according to the latest economic forecasting from KPMG. KPMG estimated the country’s economy took a 9.6% hit in 2020, broadly in-line with forecasts, as the pandemic impacted
The Scottish Building Society (SBS) has today announced a record £74 million increase in mortgage lending and a record £58m growth in savings balances. In a year the Society described as “extreme conditions”, profit before tax increased by 34% to £840,000.
Glasgow-based chartered accountants Wylie & Bisset has become the sole independent Scottish accountancy practice to be awarded slots on the prestigious Department for Education framework. Marking the first time the framework has opened itself up from dominance by the larger national accountancy
Bancon Group has announced positive trading results for the year ending 31 March 2020 despite the economic upheaval of the coronavirus pandemic. A marked improvement in margins at the Aberdeenshire housebuilder and construction group led to an increase in operating profit from £10.3 million in
Carnoustie-based housebuilder DJ Laing has pointed to the strong Dundee property market for its rise in profits. Newly filed accounts from the firm revealed that its sales increased to £7 million for the year ending May 31 2020, compared to £6.3m in 2019.
A family-run butcher in Dingwall will mark its centenary year next year with ambitious plans for growth thanks to £1 million funding from Royal Bank of Scotland. John M Munro Ltd was formed almost a century ago and its 75-strong workforce distributes its fresh, quality meat across all of Scotl
Independent financial advisory firm Phil Anderson Financial Services has recently appointed Kayleigh Ross as an independent mortgage adviser, following the successful completion of her professional exams. The firm has been supporting the former Wick High School pupil through these exams, as well as
New staycation holiday specialist Caledonian Leisure Ltd has secured a multi-million-pound investment from Mobeus Equity Partners, the investors behind the recent IPO of Virgin Wines and the proposed IPO of Parsley Box.
People in the UK are feeling the most optimistic about their household finances since the start of the coronavirus pandemic, according to the latest Scottish Widows Household Finance Index.