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Scotland’s economy is likely to contract in the second half of 2022, according to researchers at the Fraser of Allander Institute. The Institute’s quarterly Economic Commentary, which includes an assessment of all the key latest data on the UK and Scottish economies, is published today.

Gen Z and Millenials are cutting their spending on hospitality and leisure activities as concerns over the cost of living rise, according to a new consumer survey from PwC.

Store closures by multiple retail operators have stabilised to the lowest rate in over seven years but openings have yet to recover to pre-pandemic highs, suggesting retailers are exercising strict caution in the current trading environment. This is according to PwC’s latest Store Openings and

A new report from Perth-based insurance giant Aviva has found tht four out of five (80%) employers compared to 65% of employees think it is important that a workplace pension fund is invested responsibly.

New research from Grant Thornton UK and Retail Economics has revealed that almost nine in ten UK consumers intend to cut back their spending over the year ahead.

The cost of living has become the leading concern among Gen Zs and millennials in the UK, according to Deloitte’s latest Gen Z and Millennial Survey. A total of 31% of Gen Zs and 38% of millennials cited this as their greatest concern, overtaking climate change from the top spot in last year&r

The Asia Dragon Trust plc, a company managed by abrdn, has posted a Net Asset Value (NAV) total return of -7.7%, in the six months ended 28 February 2022. However, this is outperforming the -8.1% fall in the benchmark, the MSCI AC Asia Pacific (ex Japan) Index (sterling adjusted) total return.

KPMG UK has posted growth of 10% in 2021, with revenue rising from £2.14 billion to £2.35bn. For the year ended 30 September 2021, KPMG's profit before tax increased from £288 million to £436m.

Accountancy firms Johnston Carmichael, PwC, EY and KPMG, have responded to the 2022-2013 Scottish Budget announced by finance secretary Kate Forbes yesterday.  The finance secretary stated that ending Scotland’s contribution to climate change, tackling inequalities and investing in the ec

It takes guts and confidence to launch a business a few months into a global pandemic, but that's what experienced civil engineer Andrew Loughlin decided to do when he set up 360 Bid. 

The North American Income Trust Plc, a company managed by abrdn (formerly known as Standard Life Aberdeen), has posted Net Asset Value (NAV) total return of 19.8% for the six months to July 31 2021, compared to a NAV of 5.7% in the year ended 31 January 2021. This means that the company ou

Spending by UK businesses is set to surge in the coming months, according to Deloitte’s UK CFO Survey Q2 2021. In a shift away from last year’s top priority of cost reduction, over three-quarters of CFOs (71%) expect rises in capital expenditure and 76% anticipate increases in hiring ove

Standard Life Private Equity Trust plc, a company managed by Aberdeen Standard Investments (ASI) has posted strong six month results despite a volatile year for capital markets.  The company’s NAV total return was 14.9%, compared to the 11.7% reported on 30 September 2020, versus 18.

As lockdown restrictions in the UK begin to ease, a new report suggests the realities of Brexit for many businesses are only now beginning to bite as the full impact of the Trade and Cooperation Agreement (TCA) becomes clear. The report by law firm Irwin Mitchell and the Centre for Economics and Bus

Benjamin Wiles, managing director, restructuring advisory at Kroll, examines the state of the economy with respect to insolvency and the M&A market as the UK emerges from lockdown. The scale of the shock to the UK economy as a result of Covid is now clear following the Chancellor’s Budget.