Despite falling petrol prices having a positive effect on inflation, the consumer price index (CPI) unexpectedly jumped 0.3% to 10.4%.
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In its preliminary results for the year ended 31 December 2022, Savills has posted revenues of £2.3 billion, a 7% year-on-year rise, and a 16% drop in pre-tax profits to £153.9m. Net cash at the group also decreased to £307.4m, down from £340.7m in 2021.
A majority of households would support an increase in the minimum level of auto-enrolment contributions by employees despite households’ perceptions of deteriorating future finances, according to the latest survey data from the Scottish Widows Future Finance Index.
Dunglass Estate has seen a 75% increase in weddings in 2022 compared to 2021 and is receiving 39% more enquires this month compared to last year, following the completion of a £780,000 renovation.
House prices in Scotland continued to rise through the last quarter of 2022, but at the slowest rate since mid-2020 according to the December 2022 RICS UK Residential Survey.
The luxury Gleneagles Hotel in Auchterarder has rebounded after two years of multi-million-pound losses posting a £50 million rise in sales.
Equity investment levels in Scotland’s smaller businesses continued to rise during the first half of 2022, despite well-publicised economic headwinds, according to new research published as part of the British Business Bank’s annual Nations and Regions Tracker. A total of £411 mill
New data from the Accountant in Bankruptcy (AiB) has shown an increase in both corporate and personal insolvencies. Corporate insolvencies rose to 270 for Q2 2022-23 up from 221 for the same period last year, a significant increase of 28%. Likewise total personal insolvencies reached 2,069, a 7.7% y
A near 1.7 million invoices were overdue the books of Scottish businesses in the last quarter, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by Creditsafe shows 1,696,445 invoices were overdue in Scotland in Q3 – an increase of
Walker’s Shortbread has seen its annual profit rise by 89%, from £2.6 million to £6.8m in the last year. According to the firm's latest annual results for the year ended 31 December 2021, turnover rose by 8% to reach £142.4m despite disruptions in the supply chain and increas
New research published by KPMG has revealed how the rising cost of living has impacted household budgets so far this year, and the steps consumers are taking to manage rising prices. In early September, KPMG surveyed 3000 UK consumers of varying household incomes, finding that essential household co
Average house prices in Scotland have risen by 28% since the start of the pandemic according to analysis of the latest data by property firm DJ Alexander Ltd.
House prices in Scotland have risen by 9.1% on an annual basis, according to the latest Walker Fraser Steele House Price Index.
Chivas Brothers, the Scotch whisky business of Pernod Ricard, has seen a significant increase in global demand for Scotch, as net sales rose by 25% in the full year ending July 2022. The rise in net sales was derived from both mature markets, which rose by 16% and emerging markets, which saw an incr
Demand and sales were lower in Scotland’s housing market during June and expectations for the next few months are muted, according to the latest Royal Institution of Chartered Surveyors (RICS) survey.
