Oil prices have risen above $80 a barrel for the first time in three years as renewed demand led to concerns of a supply shortage. Brent crude, the global benchmark price, rose for a sixth day to reach $80.04, signalling its highest price since October 2018.
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Deloitte has reported aggregate global revenue of $50.2 billion for the year ended 31 May 2021 - a 5.5% increase. The firm's workforce increased by 3.2% to more than 345,000 within the same period.
The Edinburgh property market has benefitted from some of the strongest house price growth in the UK, but the city has also witnessed the largest increase in inheritance tax bills (IHT). According to new figures published by law firm Boodle Hatfield, Edinburgh residents had the biggest increase in i
Scottish law firm Burness Paull has posted profits of £33.3 million - a rise of 39% - despite the economic upheaval of the coronavirus pandemic. Burness Paull said an intense programme of client listening and rapid response during the pandemic has been the foundation for strong revenue perform
Holiday let owners in Scotland are in the midst of one of the busiest summers on record – and there’s no sign of demand slowing.
Dundee-based games developer Outplay Entertainment has seen pre-tax profits rise by £7.6 million to £8.9m despite the economic uncertainty of the coronavirus pandemic. According to accounts filed with Companies House, Outplay's revenue dropped from £19.1m in 2019 to £10.4m fo
UK house prices rose by a further 0.4% in July, according to the latest Halifax House Price Index.
Student rent has increased almost 20% over the last year according to data released as part of the 2021 Royal Bank of Scotland Student Living Index. There has been a steep increase in student rent bringing the average monthly cost to £518, an increase of 18% from 2020.
Shares in Scotgold Resources, the gold exploration and production company focused on Scotland, rose by almost 5% in early trading yesterday after the company issued an update on production at its Cononish mine in Argyll. Scotgold Resources revealed that work at the mine continued uninterrupted throu
Business optimism amongst Scottish smaller firms is at its strongest since the summer of 2015, according to new research released by the Federation of Small Businesses (FSB). FSB figures show the average Scottish business is now more hopeful about prospects than its UK-wide equivalent for the first
Scotland's property prices continue to rise, with the highest annual increase in house prices recorded in over a decade. The COVID-19 pandemic has caused a property boom, reaching its peak in May, which has led to a 12.1% rise in property prices in Scotland.
The latest Football Distress Survey conducted by Begbies Traynor has revealed a 33% rise in the number of very early financial ‘Red Flags’ at Scottish football clubs. The survey, which has been conducted annually since 2012, has previously revealed a deceptively rosy picture of
Shares in Scotgold Resources, the gold exploration and production company focused on Scotland, rose by more than 4% on Tuesday, after the company announced a resolution of various technical issues affecting the processing plant. The Cononish gold mine in Argyll has been producing both gold concentra
Moray-based housebuilder Springfield Properties expects annual revenue and profits to be “ahead of market expectations”, reflecting significant year-on-year growth. In a trading update issued yesterday, the firm's chief executive Innes Smith revealed analysts’ projections are showi
UK car production rose 46.6% in March, the first increase after 18 months of decline, with 115,498 cars manufactured, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).
