The property market across Edinburgh, the Lothians, Fife, and the Borders displayed solid growth between May and July 2025, with average selling prices rising by 3.3% year-on-year to £289,982. Most regions saw an increase in average selling prices, with the exception of the Scottish Borders an
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The rate of rent rises in the private rented sector (PRS) has slowed in Scotland, according to DJ Alexander Ltd. The Scottish lettings and estate agency said that the average rate of rent rises in Scotland has fallen to 5.1% to April 2025. This is the lowest monthly figure since November 2022 and is
House prices in Scotland rose over the past three months at the slowest rate seen since the beginning of 2024, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. However, with new buyer activity rising, surveyors expect price growth to pick up over the
Reflecting wider trends, the Scottish economy is currently in a fragile state, exacerbated by the US's recent announcement of 10% tariffs on all imports, which has dampened business and consumer confidence, according to the latest EY ITEM Club Scotland forecast. The US tariffs are likely to have an
Business confidence in Scotland rose 12 points during May to 52%, according to the latest Business Barometer from Bank of Scotland. While companies in Scotland reported lower confidence in their own business prospects month-on-month, down four points at 57%, firms’ optimism in the economy rose
Scotland's housing market demonstrated continued growth in March 2025, with the average property price reaching £186,000, marking a 4.6% increase compared to the same month in the previous year, according to the latest House Price Index (HPI).
Salaries have been frozen and pay rises have been delayed ahead of the rise in employers’ National Insurance Contributions (NIC), which came into force on Sunday, a new survey has found. Nearly half of Scottish businesses (44%) have taken action on pay since the October Budget to prepare for t
Rettie has heralded "stability" for Scotland's housing market, forecasting a 3% average house price increase in 2025, driven by a slightly improved economic outlook. The property firm also anticipate a 2% rise in sales transactions.
Scottish retail sales experienced a slight decline in February 2025, according to the latest figures. Total sales decreased by 0.4% compared to the previous year, although when adjusted for inflation, there was a modest 0.3% increase. Like-for-like sales remained flat.
More than two thirds (68%) of Scottish employers expect costs to rise due to measures in the Employment Rights Bill, with over a fifth (22%) likely to make redundancies as a result, according to research. The Chartered Institute of Personnel and Development (CIPD) is calling on the UK governmen
Equity investment levels in Scotland’s smaller businesses grew in 2024, bouncing back from a challenging 2023, according to new research from the British Business Bank. The Bank’s Small Business Finance Markets 2024/25 report found that during the first three quarters of 2024 the investm
UK inflation climbed to 3% in January, exceeding forecasts and presenting a challenge for the Bank of England (BoE). The Office for National Statistics reported the annual rate of price growth was up from 2.5% in December and higher than the 2.8% predicted by economists polled by Reuters. This figur
Scotland's high-end property market has demonstrated resilience in 2024, with sales of homes exceeding £1 million increasing despite political and tax hurdles, according to Savills. The market recorded a total of 466 residential transactions, up from 454 in 2023. This growth is driven by stron
Scotland's labour market shows resilience despite ongoing economic uncertainty, according to the latest figures for September to November 2024. The employment rate rose by 1% over the quarter to 74.1%, while the unemployment rate fell by 0.2% to 3.8%. Both figures are slightly below the UK averages.
In November 2024, there were 114 company insolvencies registered in Scotland, 5% higher than the number in November 2023. The total number of company insolvencies was comprised of 55 CVLs, 54 compulsory liquidations and five administrations. There were no CVAs or receivership appointments.
