Wylie & Bisset, Accountants and Business Advisers, has said that profitable businesses that suffered financially during the pandemic are now being squeezed by a cost-of-living crisis which has led to a high level of Scottish insolvency activity. The number of insolvency-related activities in Scotland has reached its highest level this year, according to new research from R3, […]
The first Totaljobs Quality of Living Index which unveils the cities where workers can find the best work-life balance in the UK, has found that Edinburgh has achieved the highest scores for overall quality of living, offering residents higher rates of local happiness, access to affordable housing and the best commute times. Rising living costs
MORE WORKERS ARE INTERESTED IN MOVING TO EDINBURGH FOR OVERALL QUALITY OF LIVING Read More »
North East hospitality company Cairn Group has posted record results with turnover topping £100m for the first time – beating pre-pandemic levels. The Newcastle based leisure property owner and developer, which owns the Station Hotel in Newcastle has toasted a rapid return to profitability, after a successful year of trading saw turnover jump from £34.1m
LEISURE GROUP TURNOVER EXCEEDS £100 MILLION Read More »
Accountancy watchdog the Financial Reporting Council has launched an investigation into big four firm PwC’s auditing of shopping centre and leisure group Intu Properties plc. The audit and accountancy regulator will look at PwC’s handling of Intu’s 2017 and 2018 accounts, a period before the firm’s collapse into administration. Following a drop in rents brought
INVESTIGATION LAUNCHED INTO FAILED SHOPPING CENTRE GROUP AUDIT Read More »
Total Fitness returned to the black for the first time since 2015 during its latest financial year after its turnover returned to near pre-pandemic levels. The Cheshire-headquartered gym group has reported a pre-tax profit of £961,000 for the 12 months to June 30, 2022, up from the £8.5m loss it posted in the prior 18
GYM CHAIN MAKES FRIST PROFIT IN YEARS AFTER ATTRACTING NEW MEMBERS Read More »
AM Bid, Scotland’s leading bid and tender specialist, is pleased to report a record turnover in excess of £1 million for the second year in a row as it continues to recover from the impact of Covid-19. Figures to the year end 30 September 2022 saw the company post increased revenues of £1,153,165 compared to
BID SPECIALIST SEES RECORD TURNOVER AS COVID RECOVERY CONTINUES Read More »
Over 50% of British business owners don’t know the best option for financing their business, according to recent research from business launchpad platform, Start My Business. Start My Business commissioned the polling of 500 CEOs and decision makers, via Censuswide, for UK businesses, to observe the financial understanding and awareness of business owners in a
MANY BRITISH BUSINESS OWNERS ARE UNSURE HOW TO ACCESS BUSINESS FINANCE Read More »
The Scottish investment sector is paying between 15-20% more in retention salaries just to keep hold of staff working in specialist finance and client services roles. Staffs working in areas such as tax and audit, Socially Responsible Investment, Environmental, Social, and Governance, risk and compliance and business change, are part of a skill-set “hot-spot” due
DEPLETED CANDIDATE POOL LEADS TO INCREASE IN RETENTION COSTS Read More »
The appeal of city living has been reignited across Scotland with new figures showing a resurgence in demand for urban homes that has pushed rents to record highs. The latest quarterly report from letting specialists Citylets shows prices for rental properties in Edinburgh, Glasgow, Dundee and Aberdeen have all increased significantly – while demand continues to outstrip supply. Nationally
APPEAL OF CITY LIVING LEADS TO RENT INCREASE IN SCOTLAND Read More »
Scotland was among three areas of the UK which saw the strongest recovery last year in response to the challenges of the pandemic and Brexit, according to a report by the Food and Drink Federation. It found that Scotland’s recovery has largely been driven by strong growth in exports of drinks and seafood products, which
SCOTLAND WARNED ITS “PUNCHING ABOVE ITS WEIGHT” WITH FOOD & DRINK EXPORTS Read More »
