Savers across Scotland have seen their finances take a hit over the last 12 months with the vast majority of Scots (85%) seeing the increased cost-of-living directly impacted their finances, according to latest researched by Scottish Building Society.
Roddy Smith discusses the negative impact of the UK government’s decision to end tax-free shopping on the tourism industry, particularly in Edinburgh, and the ongoing efforts to reverse this decision in order to boost the economy and attract more visitors.
Glasgow-headquartered Maven Capital Partners has invested an additional £1.25 million in global carpool and on-demand transport tech provider Liftango, which counts Amazon, Ikea, and Tesla among its clients.
Edinburgh-headquartered Dot Surveying has transitioned to an employee-owned business structure, with the company’s founder, Tom Gallivan, selling a majority stake to an employee ownership trust (EOT).
Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK’s Venture Pulse Report.
According to the latest data from the Royal Bank of Scotland Report on Jobs, hiring conditions across Scotland deteriorated at the start of the second quarter.
Kin + Carta, a global digital transformation consultancy, has acquired Edinburgh-based data service provider Forecast Data Services, boosting its enterprise data and AI capabilities.
Helen Page, former chief brand officer of Clydesdale Bank owner Virgin Money UK, is set to join Edinburgh and Toronto-based Label Sessions as chair of the board.
Wylie & Bisset, accountants and business advisers, has announced a trio of promotions that sees tax director Shehzad Ashaq promoted to associate partner together with the promotions of Matthew McDermott to senior manager and Laura Caulfield to manager within the burgeoning Business Advisory Services team.
Highlands and Islands Enterprise (HIE) has launched a £2m Green Grants Fund to support tourism, creative, and food and drink processing businesses, as well as social enterprises, in reducing their environmental impact.
Johnston Carmichael has expanded its leadership team with the addition of technology risk and assurance expert Stephen Harrison, as part of the firm’s growth strategy.