The number of Scottish firms failing in 2018 rose 21.2% according to analysis of the latest figures by accountants and business advisers French Duncan LLP. The latest Accountant in Bankruptcy (AiB) figures (AiB uses financial year so their current statistics show the period from October to December as the third quarter whereas we are using the calendar year) show that 945 Scottish firms failed during 2018 compared with 780 the previous year.
The latest statistics from Accountant in Bankruptcy (AiB) highlight a 10% rise in bankruptcies with an overall increase in Scottish personal insolvencies continuing to be driven by growth in the protected trust deed (PTD) market. In the third quarter of 2018-19 covering the period 1 October to 31 December there were 1,981 PTDs in the third quarter of 2018-19, an increase of 23.8% on the same quarter last year.
Less Favoured Areas loan scheme confirmed. Up to £57 million will be injected into some of Scotland's most remote and rural communities, Rural Economy Secretary Fergus Ewing has confirmed.
The interest rate decision Our role is to set interest rates to influence the amount of spending in the economy in order to ensure inflation (the pace of price rises) returns to our 2% target sustainably. Low and stable inflation supports growth and jobs.
Scotland's Chief Statistician today published statistics on Police Officer Quarterly Strength, which gives the number of full-time equivalent police officers employed by Police Scotland. The key findings of the statistics are: There were 17,175 full-time equivalent (FTE) police officers in Scotland on 31 December 2018.
Joint statement by the First Ministers of Scotland and Wales. The First Ministers of Scotland and Wales have issued the following joint statement on Brexit.
The Planning review committee of Highland council has deferred a decision on the extra turbine at Forss. The applicant was Whirlwind Renewables.
Opening Remarks by the Governor of the Bank of England - Mark Carney. The Fog of Brexit.
Maps of the Council's gritting routes by priority and policy are available online at www.highland.gov.uk/gritting The information provided is a summary of reports from operational staff and is intended to give a general indication of typical conditions in each area at a point in time. It is not intended to imply that any individual route is entirely snow and ice free and drivers must be aware that conditions can change rapidly and make their own assessment of conditions for travelling.
The UK has seen a 34% increase in fast food outlets between 2010 and 2018. In fact, the takeaway industry accounted for £9.9 billion of UK spending, and by 2017 there was over 36,855 dedicated takeaways across the UK.
Uniquely Refreshing Pink Grapefruit Gin. This Month, Scotland's most northerly mainland distillery, Dunnet Bay, is announcing the launch of a new gin, set to become a permanent part of its portfolio.
The Highland Council, in partnership with Under One Roof Scotland, are inviting all private landlords to a special seminar specifically to look at issues surrounding common repairs and building maintenance and how to deal with any problems that may arise. Under One Roof Scotland (www.underoneroof.scot) is an impartial online information site for flat owners and their advisers.
DINGWALL, Dingwall & Highland Marts Ltd., (February, 5th) sold 16 prime cattle. Prime bullocks (6) averaged 207.7p (-0.4p) and sold to 210.0p per kg twice and £1,339.80 gross.
Ujjwal Goel, Managing Director of Teraciel Engineering and Contracting (TEC) tells us about green building technology. Green building technology has become one of the hottest trends in construction.
The Scottish budget presented by Derek Mackay MSP the Scottish Government finance minister will give councils the chance to raise council tax by up to 4.79%. This is slightly higher than the 3% allowed last year after several years of council tax freeze.
Happy New Year to Chinese visitors to the Highlands! The HighlandAR app of an augmented reality trail, marking local legends in Inverness, has been translated into Mandarin Chinese. The app, which brings local legends to life through a series of plaques installed at various locations across Inverness, was launched in the autumn of 2018.
BT Group is responsible for generating £1 in every £110 produced in the Scottish economy, according to an independent report published today. ‘The Economic Impact of BT Group plc in the UK' report, by Hatch Regeneris, shows that the communications company generated an £1.2bn contribution - expressed as "Gross Value Added" (GVA)* - to the Scottish economy during the 2017/18 financial year.
More children and young people set to benefit from 3D printed ‘hero' arm, which has received support through Innovate UK's SBRI programme. Bristol-based Open Bionics will take its bespoke 3D-printed prosthetic arms to even more children and young people, after attracting £4.6 million from investors.
Revised rules relating to fishing for sea bass came in from midnight 31 January 2019. Following the publication of the 2019 Total Allowable Catch Regulation in the official journal of the European Union, the revised rules relating to fishing for sea bass now apply.
