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
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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
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
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).
