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.
Aberdeen-headquartered IT managed service provider ITWORX UK has celebrated a record turnover year and a decade of dedication from one of its team members.
The Association of Chartered Certified Accountants (ACCA) has communicated pressing concerns to the Chancellor ahead of the Autumn Budget Statement, stressing the urgency for financial reforms to stimulate the UK economy.
Venture capital investment in Scottish start-ups has surged in Q3 of 2023, with a total of 28 deals amounting to £202 million, according to KPMG’s latest Venture Pulse report.
Aberdeen Football Club has turned a net profit of £1.1 million for the year ending 30 June 2023, a notable rebound from a cumulative net loss of £14.8m.
Deloitte has announced the winners of the 2023 UK Technology Fast 50 awards, with four Scottish companies among the ranking and Glasgow company Utopi claiming the inaugural CleanTech award.
Resilient consumer spending may have helped the Scottish economy avoid a recession, but economic growth has been flat since Q2 of 2022 and will remain into 2024 when GVA is expected to rise by 0.3%, according to the EY ITEM Club Scottish Autumn forecast.
Richard Moriarty, the new chief executive of the UK’s Financial Reporting Council (FRC), has expressed his stance on the Big Four firm’s reign over the UK audit market.
Amidst the economic turbulence of high inflation, soaring public debt, and the highest tax burden since World War Two, Armstrong Watson’s experts comment on what to expect as the Autumn Statement approaches with high anticipation.
Scottish consumers have begun to increasingly display a diminishing interest the Black Friday sales, with a mere 35% expressing intent to participate in 2023, signalling a significant drop from the previous year’s national interest of 61% to 44%.