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.
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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.
Insurance broker Bruce Stevenson reported a 30% increase in turnover to £11.7 million and a 33% profit increase to £3.9m for the year ending February 28, 2023. Growth was driven by various specialist areas and new sectors, including life sciences, technology, and risk management.
Private sector rents in Scotland have risen faster than the rest of the UK, according to property firm DJ Alexander Ltd's analysis of recent statistics. The firm found that Scottish annual private rental prices increased 4.9% in the year to February 2023, compared to 4.5% in England and 4.2% in Wale
Business confidence in Scotland rose four points during February to 14%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.
Cruise ship calls in 2023 for Forth Ports’ Capital Cruising business on Scotland’s east coast are set to jump by 50%, with around 150 cruise ships, carrying an estimated 225,000 passengers, expected to visit Edinburgh, Fife and Dundee this year.
Estate and letting agents DJ Alexander Ltd found that the number of properties advertised for sale has increased by 75% in Glasgow comparing February 2022 with February 2023. Similarly the number is up 37% in Perth; 34% higher in Edinburgh; 28% greater in Dundee; 25% up in Inverness; but 10% down in
Glasgow-based whisky blender and distributor Macduff International has reported a 15% rise in annual revenue to £13 million after sales returned to pre-Covid levels. The firm made a pre-tax profit of £902,227 in the year ending 30 April 2022, up from £811,631 for the previous year.
In December 2022, the number of Scottish businesses experiencing insolvency-related activity jumped over 32%, compared to the same period in 2021, according to new research from R3, the insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows there were 142 c
Audit costs are set to rise by as much as 50% for businesses next year, BDO managing partner Paul Eagland has warned. Mr Eagland said: “I think we’ll see fee inflation next year ... of around 20 per cent,” adding “For certain audits, it could be 50 per cent".
