A continued shortage of new properties being listed for sale, despite a rise in new buyer enquiries, is still preventing a pick-up in sales volumes and house prices continue to increase, according to the December 2021 RICS UK Residential Market Survey.
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The boost to financial wellbeing triggered by the relaxing of pandemic measures dipped during the third quarter despite the first rise in household income from employment since Q1 2020, according to the latest Scottish Widows Household Finance Index.
The pandemic has caused a dramatic rise in financial vulnerability in Scotland as 27% of those in the country now feel more financially vulnerable than they did in March 2020, according to new research from mutual insurer Royal London. Of those, 31% attributed this to a reduced income and 13% had a
Scottish shop vacancies have risen by a quarter since the second quarter of 2020, according to the latest Scottish Retail Consortium (SRC)-Local Data Company (LDC) Vacancy Monitor. In the second quarter of 2021, the Scottish vacancy rate increased to 16.1%, from 15.3% in Q1. It was 3.2 percenta
Paul Denton, the head Scottish Building Society (SBS) has welcomed a dramatic rise in house prices - but warned the impact of COVID-19 could prove a barrier to a generation of buyers getting on to the housing ladder. Yesterday's House Price Index released by the Land Registry and the Office for Nati
UK small enterprises saw output rise again in September, although growth continued to trail behind larger companies as smaller hospitality firms were hit by restrictions on trading, according to new analysis from the Royal Bank of Scotland (RBS). The RBS Small Business PMI survey provides market ins
Divorces have risen sharply in Saudi Arabia during the coronavirus pandemic, apparently driven by women discovering that their husbands are secret polygamists.
A round-up of business news from across Scotland featuring: Smith Anderson's 16% turnover rise, Hope Box Project's distribution of arts and crafts boxes, Glen Mhor Hotel and Apartments' reduced key worker beds, Dundee University's £5 million coronavirus drug research funding, the clo
Farmers in Pakistan have hired security to protect their tomatoes as the price for the fruit drastically rises.
Following the Ogden discount rate change, car insurance premiums have risen 0.7% in just three months, with prices now 2% higher than a year earlier, analysis from Consumer Intelligence shows.
Harper Macleod has announced record results this year, with a 9.5% rise in turnover to £29 million and an 8% rise in profits to £11m. The figures for the financial year 2018/19, which represent eight consecutive years of profit growth, come as the firm prepares to complete its takeover o
Office take-up in Aberdeen showed significant improvement in the second quarter, with a rise to 106,579 sq ft from 36,898 sq ft in Q1 2019, according to CBRE research. There was a total of 19 transactions, bringing the total take-up for H1 2019 to 143,477 sq ft – 20 per cent short of
Financial services firms reported 819 cyber incidents to the Financial Conduct Authority in 2018, a huge rise on the 69 incidents reported in 2017, according to new data obtained by RSM under a freedom of information request.
Online UK challenger bank Monzo has doubled its valuation to £2 billion after raising £113 million to help fund its expansion across the Atlantic.
Scottish property sales have risen to their highest level in 11 years as buyers brush aside fears over Brexit. New figures from Aberdein Considine’s Property Monitor report show that homes collectively worth £3.4 billion changed hands during January, February and March this year –
