News

Businesses in Scotland are forecasting recovery in 2021, having recorded their sharpest falls in domestic sales and exports since comparable records began in 2004, a survey released by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed.

Oil services companies can no longer delay making a choice about their future direction, according to a new report from PwC Strategy&. The options for oil services firms are to stick with their hydrocarbon heritage; becoming ultra-efficient and digitally enabled or pivot towards low carbon growt

Perth-based Cameron Motor Group has recorded a drop in sales worth over £16 million in the last financial year, as the impact of the coronavirus pandemic took its toll on the firm's finances. Annual results filed with Companies House have revealed that the firm's turnover in the year to the en

Edinburgh-based start-up Label Ventures, which connects global brands and businesses to creative and technology teams, has recorded £2 million in revenue in their first year of trading, all whilst in the face of the coronavirus pandemic. Now the business is targeting massive growth in 2021, in

The Chancellor must avoid using the property market to fund coronavirus costs according to property management firm Apropos. The firm believes that the Chancellor is about to implement widely trailed increases to capital gains tax (CGT) which will have an unprecedented negative impact upon the priva

Edinburgh-headquartered communications network provider Commsworld has secured contracts valued at more than £16.7 million across multiple sectors, significantly beating its targets between October and December last year. These include a £5.8m digital contract with Glasgow City Council t

Significant benefits to Scotland’s economy and society have been highlighted in a new report regarding business-academic partnerships supported by Edinburgh-based firm Interface. Local, national and international businesses have gained from tapping into Scotland’s universities and colleg

A new study by cybersecurity firm ESET has found that 24% of UK business leaders believe cross-border payments could help drive business profitability, amidst a period of complexity and confusion following the country’s exit from the European Union.

A package of measures worth £37.2 million has been announced by the Scottish Government to tackle poverty and inequality, in this financial year. The funding, confirmed in a Statement to Parliament by finance secretary Kate Forbes this week, will support the delivery of two key investments for

An eight-year-old border collie has joined the ranks of the canine elite after being left over £3.6 million in a will.

Tayside and Fife are enjoying a mini property boom as supply exceeds demand throughout the region. The high demand has led to a surge in prices for all residential properties, with price increases reported locally of 7%.

Scots have revealed that their local communities are growing closer, and have become more important after a year spent closer to home, however, the pandemic has left society itself more divided. The findings are revealed in PwC’s latest Future of Government research, Rethinking Levelling-Up, w

Dunfermline-based ventilation company Sustainable Homes Scotland, trading as Paul Heat Recovery Scotland, has joined the growing number of employee-owned businesses in Scotland, with twelve staff given a stake in the business. Established in 2007, the company provides energy-efficient ventilation so

Scottish retail sales slumped further in January towards the depths last seen during the previous nationwide lockdown in spring last year, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor. Total sales in Scotland decreased by 27.9% compared with January

Scottish businessman Alan Smith is celebrating being named one of the country’s top business coaches after helping owners thrive during lockdown. Alan Smith has been voted ActionCOACH’s Coach of the Year for Scotland, the first time he has picked up the prestigious award since entering t