Sales rose during Black Friday week as Scottish shoppers embraced deals both online and in-store, providing a much-needed boost to retailers. The Scottish Retail Consortium (SRC) has published data on shopping patterns on the Black Friday week (Sunday to Saturday sales figures) compared to the equiv
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UK job vacancies have fallen at their fastest rate since the start of the pandemic, with businesses facing slumping confidence, rising costs, and weakening consumer demand. The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled a further deterioration of UK labour market c
A new report by the Scottish Land Commission has revealed a significant slowdown in Scotland's forestry transactions and low activity in large-scale land sales. Only 0.5% of Scotland's land changed hands in 2023, with forestry transactions plummeting by 54% compared to the previous year. This declin
A pair of Judy Garland's ruby slippers from The Wizard of Oz, stolen from a Minnesota museum in 2005 and recovered by the FBI in 2018, sold at auction on Saturday for a staggering $28 million (£22.4m). With the auction house's fee, the final price tag for the unknown buyer reached $32.5m (&pou
The burgeoning market for rare whisky has experienced a significant downturn, with auction prices plummeting in the past year, according to a report by Edinburgh-based investment bank Noble & Co. The report records that the value of bottles sold for over £1,000 has fallen by 40%, with sale
Aviva has reached a preliminary agreement to acquire rival insurer Direct Line for £3.6 billion after its third takeover bid was accepted.
The CBI has appointed Michelle Ferguson as its new Scotland director, starting from January 2025. With expertise across a range of sectors, Ms Ferguson has held a number of high-profile leadership positions, including serving as UK managing director of social enterprises at Royal British Legion Indu
Scottish consumers are set to channel some more spending into this festive season, according to PwC’s Festive Predictions. The increase in intended spending north of the border closely aligns with PwC’s findings across the UK, which suggests spending on gifts and celebrations will reach
Scotland's private sector maintained growth in November 2024, driven by the service sector, although manufacturing output continued to contract, according to RBS. The Scotland Business Activity Index remained above 50, with a reading of 51.1, indicating expansion, but eased slightly from October's r
A rare Roman coin depicting Brutus, the assassin of Julius Caesar, has sold at auction for €1.98m (£1.64m).
Scottish Financial Enterprise has selected Daniel-Pilley and Jess Insall to co-chair the organisation’s flagship Young Professionals Network. Jess is a Pensions Consultant at EY and has been a Chartered Accountant since 2024, with experience at Steedman and Co and Johnston Carmichael. She has
Springfield Properties has said it "remains confident" in meeting market expectations for the full year 2025, highlighting an "improvement in private housing reservation rates" as homebuyer confidence returned. In its trading update for the first half to 30 November, Springfield revealed this moment
Scottish accountancy firm Wbg is advising shareholders of family trading companies to consider their options to ensure that the Business Property Relief (BPR) cap fits. The advice follows Chancellor Rachel Reeves’s announcement of significant changes to the UK Inheritance Tax (IHT) regime in h
Plans are being made for a new Perthshire whisky distillery at a site south of Spittal of Glenshee.
A report by audit, tax and consulting firm RSM UK and industry body Make UK shows that the use of data analytics improves business efficiency for manufacturers, but a lack of digital skills is a barrier to adoption of digital technology. The report, which was published ahead of the Scottish Budget&r