The UK’s middles classes are rejecting the supposed stigma attached to shopping at discount stores as they flock to outlets offering goods for a pound or less, according to a new report. The data collected by retail consultants Him! show that more than half of people who frequent discounters such
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UK inflation has eased to 3% in January, reaching its lowest level since March 2025 and sparking renewed debate over the timing of a Bank of England interest rate cut. According to the Office for National Statistics (ONS), the slowdown from December's 3.4% was primarily driven by falling petrol pric
Scottish business confidence saw a marginal increase in January, rising one point to 37% according to the latest Bank of Scotland Business Barometer. This growth was driven by a significant 15-point surge in firms' confidence regarding their own trading prospects, reaching 53%. When taken alongside
Average house prices in Edinburgh have risen to almost £355,000, according to Lindsays. The firm said its average sale price in the capital during 2025 was £354,522 – up 2.6% on the previous 12 months (£345,310).
MHA has enjoyed an 8.8% increase in pre-tax profits to £18.5 million after recording revenue of £121.3 million in the first half of the 2026 fiscal year. The professional services provider of audit and assurance, tax, accountancy and advisory services today announced the interim full-yea
House prices in Scotland continued to rise during October, with surveyors expecting the upward trajectory to continue despite some uncertainty relating to the upcoming UK Budget.
Scotland’s luxury and mid-market hotels enjoyed a rise in occupancy, room rates and profits in August year-on-year, with budget hotels also seeing growth in room rates and profits, despite a slowdown in the wider UK market, RSM Hotels Tracker: Focus on Asset Classes has revealed. The data, whi
Between August and October 2025, average residential property selling prices across Edinburgh, the Lothians, Fife, and the Borders have risen by 3.7% year-on-year, reaching £298,181, according to the latest House Price Report from ESPC. This growth was particularly strong in East Lothian, wher
Simon Howie Butchers Limited has reported a pre-tax profit of £6.9 million for the period ending 31 January 2025. The Perthshire firm's annual accounts show turnover increased by 27% from the previous year, reaching £37.4m. This represents a £1.4m rise in profitability from the &po
Demand for commercial property in Scotland rose in the last quarter, driven by an uptick in the office subsector, according to the latest Royal Institution of Chartered Surveyors (RICS) commercial property monitor. But there are signs of some caution amidst rising uncertainty and fiscal tension.
House prices in Scotland continued to rise, but at a slightly slower rate than was seen previously, according to the September Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. A net balance of 28% of surveyors in Scotland report that prices rose in the latest report,
Henderson Loggie has reported a 13% increase in annual turnover to £14.5 million, and a 22% rise in pretax profits from £3.5m to £4.3m, for the year ending 31 March 2025. Over the past six years, following a renewed strategic vision, the firm has more than doubled its turnover and
The UK government is faced with a future of difficult tax choices, with an increased likelihood of tax rises to combat mounting public spending pressures and sluggish economic growth, according to KPMG.
Edinburgh-headquartered software firm Craneware plc has announced a 10% increase in its total dividend after reporting strong financial results for the year ending 30 June 2025. The company, which specialises in the US healthcare market, saw statutory profit before tax jump by 52% to $24 million (c.
The Scottish National Investment Bank (SNIB) has reported an unrealised paper loss of £77 million in its latest annual report, attributing the figure to valuation changes across its portfolio in a “challenging economic context". Despite the loss, the taxpayer-owned bank highlighted its o
