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The average price of a home in Scotland dipped last year, in contrast to the UK as a whole, according to new official figures. The average price of a typical UK home increased by £18,000 last year meaning that by December the average property was worth £ 288,000.

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Latest data from one of the UK’s biggest mortgage lenders has shown UK house prices fell by 0.2 per cent between October and November. According to the latest Halifax house price index published this week, the average price of a UK home was £204,552 in November.

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Unemployment in Scotland increased by 11,000 in the three months to September, to stand at 166,000. The rise over the summer months contrasted with the UK as a whole which saw the number of unemployed fall by more than 100,0000 over the same period, to stand at 1.75 million.

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Edinburgh-based Lloyds Banking Group has posted a 28 per cent increase in profits before tax for the third quarter, up to £958m from £751m in the same period last year. However, the group,which includes Bank of Scotland, set aside another £500m to compensate customers over the mis-selling of Paym

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Wages in the construction industry have risen at a faster rate than any other sector over the past 12 months, according to fresh analysis of the latest data. In the last year, average pay in the building trade shot up by 5.1 per cent, the examination of labour market statistics compiled by the Offic

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The number of Scots going bust during the past three months rose by 38.9 per cent compared with the previous quarter, according to analysis of the latest Accountant in Bankruptcy figures by leading corporate lawyers Morisons LLP. However, the data also revealed that the third quarter of 2015 (July t

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Average rents in Scotland have risen 1.7 per cent in the past year, less than a third of the rate seen in the rest of Britain, according to new figures. The latest buy-to-let index from lettings agent Your Move found that annual rent growth in Scotland has plateaued after a summer uplift while the r

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Official statistics released today by the Office for National Statistics covering the period June to August 2015 have shown Scotland's jobless total increased by 18,000 over the period to stand at 170,000.

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The value of a house in Edinburgh jumped by eight per cent during the last 12 months, a rate of growth nearly as fast as London where house prices grew by nearly 10 per cent. However, Aberdeen’s property market has bucked the national trend and is now the only major city in the UK where prices are

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