The benefit of international trade to Scotland’s economy has been underscored after new figures revealed exporters will provide a significant boost to the nation’s finances. Scottish Development International (SDI) results show support it provided to companies across Scotland in the past financial year will result in £1.44bn of planned international sales over the next three […]
SDI SUPPORTS EXPORTERS TO BOOST SCOTTISH ECONOMY Read More »
Recent KPMG UK figures have shown that fast growth businesses in Scotland attracted over half a billion pounds of venture capital (VC) investment in the first half of 2022, despite investors becoming more cautious globally. There were 45 investments completed in Q2 2022, raising over £325 million for Scottish scale ups. In the previous quarter, 41 deals
SCOTTISH INNOVATORS BRING IN MILLIONS IN FIRST HALF OF THE YEAR Read More »
Ticket sales for this year’s Edinburgh Fringe have been slower than organisers would have hoped, with the cost of living crisis believed to be major factor Assembly, one of the Fringe’s biggest operators, said ticket sales have not yet returned to pre-pandemic levels. Edinburgh is set to host more than 3,000 shows when it starts
COST OF LIVING COULD BE IMPACTING THE FRINGE Read More »
New data from financial mutual Scottish Friendly reveals investment activity in Scotland fell to its lowest level in nearly three years during the second quarter of 2022. The Scottish Friendly Investor Index tracks sales of adult investment ISA policies and the total value of these new policies among its UK-wide customer base, with quarterly activity
INVESTMENT LEVELS IN SCOTTISH HOUSEHOLDS REACH THREE YEAR LOW Read More »
The average price of a house in Scotland has risen above £200,000 for the first time. According to the Halifax house price index, the average cost of a home north of the border is now £201,549 which is up from this time last year when the average was £18,142. Significantly Halifax’s figures show that house
AVERAGE HOUSE PRICE IN SCOTLAND HAS RISEN SIGNIFICANTLY Read More »
(L) Darina Garland & (R) Kristian Tapaninaho Co founders of Oon The inaugural Sunday Times 100 rankings has named pizza oven maker Ooni is the fastest-growing private company in Scotland. Husband and wife team, Kristian Tapaninaho and Darina Garland, run their company Ooni from a base in Broxburn near Edinburgh. Kristian used to enjoy making his
SUNDAY TIMES REVEALS SCOTLAND’S FASTEST GROWING PRIVATE COMPANY Read More »
Trade Secretary Anne-Marie Trevelyan is launching free trade negotiations today between the UK and the Gulf Cooperation Council (GCC) that could provide a huge boost to hundreds of Scottish businesses. A free trade agreement with the GCC, made up of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE is estimated to bring a boost
HUNDREDS OF SCOTTISH BUSINESSES SET TO BENEFIT AS UK LAUNCHES NEW TRADE DEAL 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 »
BrewDog has reported a £5.5m operating loss for last year – although this was down from a £6.8m loss in 2020 – with the business blaming bar closures during the pandemic and increased internal investment. The Ellon-based brewery invested £13m into its venue expansion, with seven new bars and two new hotels, alongside two new
BREWDOG REPORTS REVENUE RISE DESPITE RECENT LOSSES Read More »
