While economic momentum and employment growth will gradually build throughout the UK over the next three years, Scotland’s labour market is expected to continue to see challenges and lag other regions, according to the latest EY Regional Economic Forecast. The average employment growth rate in
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Springfield Properties is "confident of meeting market expectations" for profitability and debt reduction for the full year to May, the housebuilder said today in its first-half trading update.
EY Scotland has welcomed the appointment of nine new partners, 150 promotions and 100 graduates and apprentices, as the firm announces record UK revenues of £3.8 billion in FY23. The partner appointments include seven internal promotions and two external hires, across Edinburgh and Glasgow, br
The third quarter of 2023 has seen continued momentum in Scotland’s major office markets in Glasgow and Edinburgh, despite prevailing economic pressures, according to the latest figures from real estate advisor CBRE.
Circularity Scotland has accounted for £4.5 million of the Scottish National Investment Bank's £17.8m unrealised loss, according to the bank's latest full year accounts. Just a little over two years since its inception, the bank has significantly influenced the Scottish economy by commit
The number of profit warnings issued by UK-listed companies in 2022 increased by 50% year-on-year, with record levels of warnings citing rising costs, according to EY-Parthenon’s latest Profit Warnings report.
The cost of doing business crisis remains the overriding concern for Scottish firms according to the latest Addleshaw Goddard Scottish Business Monitor report, which showed a glimmer of hope with overall business sentiment returning to positive territory after slipping into the red last year. Produc
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.
