Scottish consumers are preparing for a more frugal festive season, as financial pressures cause a significant reduction in holiday spending, according to PwC’s latest Festive Predictions.
Some 38 Scottish businesses with high-growth potential have received a much-needed £1.5 million in funding in the 22nd round of the Scottish EDGE awards.
Scotgold Resources has appointed Daniel Bredenkamp and Christopher Pattinson of Australia-based Pitcher Partners Accountants and Advisors (WA) as joint and several administrators.
Clydesdale Bank-owner Virgin Money, headquartered in Glasgow, has revealed a strategic investment of £130 million in artificial intelligence (AI) and new technologies aimed at bolstering its defences against cybercrime and securing the future of the business.
RBS-owner NatWest Group has announced the closure of its prominent RBS branch on Glasgow’s Sauchiehall Street, adding to the spate of bank shutdowns throughout the UK, with 18 additional NatWest branches slated to close south of the border.
In its latest review for the third quarter Experian reported a notable downturn in M&A activity across Scotland, with deals totalling £4.9 billion in value, marking the fourth consecutive period of decline.
The board of Glasgow-headquartered protective packaging specialist Macfarlane Group has released a trading update for the period from 1 January to 31 October 2023.
The Chancellor’s Autumn Statement of 2023 has been met with a mixed reception from Scottish tax experts, who highlight both positives and concerns in the outlined fiscal plans.
White Oak, a UK-based non-bank lender, has provided £40 million to Scottish SMEs so far this year as it continues to champion the growth of small businesses across the country.
The Business Banking Resolution Service (BBRS) is appealing directly to business in Scotland to see if their unresolved banking disputes can be tackled.
Chancellor Jeremy Hunt has announced a slew of financial measures aimed at bolstering the economy by aiding businesses, pensioners, the hospitality industry, and the self-employed.