The rental market in Scotland has seen significant fluctuations over the past year, with the average rental price for newly let properties rising by 12.9%, according to Zoopla's December report.
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The 12,000 KPMG staff in Britain who have not been promoted will not benefit from a pay rise this year as the firm tightens its belt in reaction to a fall in demand for its services. Senior partners at the Big Four firm have been informing teams in recent weeks that their pay will be frozen unless t
Scotland has seen a 21% increase in company insolvencies during October 2023 compared to the previous year, with 99 cases registered.
Borders-headquartered accountancy firm Rennie Welch LLP has promoted two of its colleagues, Lynn Miller and Ross Tinlin, to the senior role of associate. The pair become the first to complete Rennie Welch’s associate programme set up in 2021 to further develop talent within the firm.
The number of companies filing for administration in Scotland has jumped by over 20% year-on-year, as a sluggish economy, the cost-of-living crisis, high interest rates and ongoing geopolitical uncertainty continue to impact businesses across the country.
Despite concerns over the Bank of England's recent hike in base interest rates to a 15-year peak of 5.25%, Glasgow's property market has remained "robust and thriving", according to Scottish estate agents Corum. Celebrating its 20th anniversary, the company has reported a 10% rise in property viewin
Macdonald & Muir, the owner of whisky brands Glenmorangie and Ardbeg, has posted a surge in pre-tax profit of almost 60%, reaching £46.9 million in 2022. This rise is up from £29.5m the previous year. The company’s turnover also witnessed a notable increase of 47%, amounting to
In the second quarter of 2023, Scottish commercial property experienced a surge in investment, reaching £320 million, according to Colliers' Scotland Snapshot. This is a significant rise from the £250m of Q1, yet it remains 35% lower than the five-year quarterly average of £490m. T
There was a fresh expansion in permanent job placements across Scotland at the start of the third quarter, according to the latest Royal Bank of Scotland Report on Jobs survey.
The number of companies filing for administration in Scotland has jumped significantly year-on-year, as cost inflation, rising interest rates and sluggish growth continue to bite Scottish businesses. Analysis of notices in The Gazette by Interpath Advisory has revealed that a total of 23 companies b
Scotland's average house price has risen to £187,150 in April 2023, marking a 2.0% rise compared to the same month the previous year, according to provisional data from the UK House Price Index (HPI). Comparative monthly data indicates an increase of 1.3% in Scottish house prices between
Construction firm Clark Contracts has elevated long-serving employee, Danny McKibbens, to the role of operations director. With nearly 40 years of experience in the construction industry, Mr McKibbens is a seasoned player with roots in the Scottish construction scene.
Mortgage approvals in the UK increased significantly to 52,000 in March, up from 44,100 in February, as per the Bank of England's Money and Credit report.
House prices in Scotland continued to rise in March 2023, but at the slowest rate since June 2020, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
North Berwick is the most expensive seaside town in Scotland to buy a home, with an average cost of £440,172 in 2022, as seaside property prices rose 11% across Scotland, according to the latest analysis from Bank of Scotland.
