More than half of businesses expect trading conditions to worsen in 2026/27, while rising employment costs and wider uncertainty continue to weigh on confidence, according to Armstrong Watson’s latest Client Business Confidence Survey. The survey, completed by 245 businesses, found that 54% of
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The next Scottish Government should introduce a binding annual economic growth target, Scottish Financial Enterprise (SFE) has said. The call is part of a package of measures designed to make Scotland the “engine room” of the UK economy. SFE is calling on all political parties to adopt t
Professor Joe Nellis comments on the Bank of England's decision on Wednesday to hold the base interest rate at 3.75%. The Monetary Policy Committee (MPC) has opted for caution in the wake of a rise in inflation to 3.4% in December, voting to keep interest rates unchanged at its first meeting of 2026
Staff costs in Scotland’s hotel sector jumped in January, hitting profits even before April’s rise in employers’ National Insurance contributions (NICs) and National Minimum Wage (NMW), meaning pressures are only set to intensify, according to the RSM Hotels Tracker. The data, whic
Aberdeen-based energy services operator Wood Group has reported robust trading for H1 with revenues expected at £2.2 billion, a 15% increase compared to the same period the previous year. Adjusted EBITDA is predicted to rise by 6% to approximately £147 million, reflecting favourable perf
Almost a quarter (24%) of Scottish small or medium-sized enterprises (SMEs) have seen the number of late payments they receive increase since the cost of living has gone up, according to new research from Barclays.
A lack of new properties being listed for sale continues to drive house prices up, while most new buyers don’t factor in energy efficiency in their purchase, according to the October 2021 RICS UK Residential Market Survey.
Standard Life UK Smaller Companies Trust Plc, a fund managed by Aberdeen Standard Investments (ASI) has posted its annual financial report for the year ended 30 June 2021, revealing a 41.9% increase in net asset total return. Over the period, the trust's share price rose by 46.9%, compared to a 0.1%
Scottish businesses, operating chains of shops, pubs, restaurants and hotels, have called on the Scottish Government to match the funding provided by the UK Government to aid struggling firms amid the coronavirus pandemic.
Aberdeen & Grampian Chamber of Commerce's investment update, produced in partnership with EY, shows committed future investment in the region has risen by £1.7bn over the past 12 months.
Last weekend, the number of daily subscribers to our sister publication Scottish Housing News broke through 7,000 on the back of record website traffic for August with 69,209 unique visitors accessing the website. The number of Twitter followers for Scottish Housing News, which was established in 20
After a subdued start to 2019, Scotland’s economy is expected to grow more slowly than last year, echoing trends seen across the wider global economy, according to the EY Scottish ITEM Club’s summer forecast. The report says Scotland’s economy is expected to achieve non-oil GDP gro
More than £23.8 million of Venture Capital (VC) was invested into Scottish start-ups in the second quarter of 2019, with the bulk of funds spent on technology and healthcare businesses, according to KPMG’s Venture Pulse Survey. The figures, compiled by Pitchbook, reveal that deal volume
None of Scotland’s league football clubs are showing serious signals of financial distress, and average attendances are also on the rise, according to football finance experts who report annually on key indicators of business distress in the game.
The average selling price of a house in east central Scotland rose to £248,092 between June and August 2018, marking a 3.4 per cent increase compared to the same period last year, new data has shown.
