The average selling price of property in Edinburgh, the Lothians, Fife and the Borders has risen by nearly 7% to £285,684, according to ESPC.
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Aberdeenshire shortbread maker Dean's of Huntly reported a rise in turnover to nearly £10.2 million for the year ending 30 June 2024, a 23% increase from the previous year's £8.3m.
Commercial property rent disputes between landlords and occupiers in Scotland saw a decrease in 2024, despite continued rises in prime rents across major occupier markets, according to new Knight Frank analysis.
The Additional Dwelling Supplement rise is another blow to Scottish landlords, but opportunities remain in a sector which can bring rich rewards, argues Riccardo Giovanacci. The Scottish Government had another thoughtful Christmas present for landlords in the Private Rental Sector (PRS) in Dece
The Financial Ombudsman Service (FOS) has reported a significant rise in consumer complaints, with motor vehicle hire purchase, current accounts, and credit cards driving the surge. Between October and December 2024, the FOS received 68,430 complaints, marking a substantial increase compared to the
Citigroup has revealed an $81 trillion (c. £64 trillion) internal transfer error, raising questions about its ongoing efforts to address operational deficiencies. The incident, which occurred in April 2024, involved a payment intended to be $280, but was mistakenly entered with numerous extra
New figures reveal a significant rise in shoplifting across Scotland, with a reported 18% increase in the year ending December 2024. This brings the total to over 43,000 incidents, a jump of 89% compared to 2020.
NatWest has announced a rise in annual profits, boosted by loan growth, improved margins, and low default rates, despite a weakening UK economy in the latter half of the year. The bank reported net income of £4.8 billion, up from £4.6bn the previous year.
The National Audit Office (NAO) has warned that the UK's increasingly complex tax system is adding hundreds of millions of pounds to administration costs for both the government and businesses.
Edinburgh councillors are a week away from potentially approving Scotland's first Visitor Levy, a scheme aimed at raising up to £50 million annually through a 5% charge in addition to the cost of overnight accommodation.
A report by insolvency specialists Begbies Traynor has revealed a concerning rise in the number of UK retailers facing collapse. In the final quarter of the year, the proportion of retail businesses in "critical" financial distress jumped by 25% to 2,124, driven by escalating business costs and subd
KPMG has posted a 5.4% rise in global revenues to $38.4 billion (c. £30.5bn), outpacing its Big Four rivals in terms of revenue growth in the past year. The performance was driven by gains in audit, tax, and advisory services. Despite a slowdown in technology and M&A activity, KPMG's
Shops in Scotland are expecting to see their business rates bills rise by around £7.6 million from April 2025. The Scottish Government's Budget increases the business rate for all firms occupying medium-sized and larger commercial premises by 1.7% in 2025-26.
BDO has exceeded £1 billion in revenue for the first time in its century-long history. The firm attributes its 8.6% revenue rise to £1.02bn to its "continued programme of investment" and its focus on serving mid-sized businesses.
Blackadders has posted a 6% rise in profit and 1.4% growth in turnover, for the combined income its law and wealth management operations, in the latest fiscal year (2023/24), as it positions itself to make the most of AI integration and to hit growth targets. The combined turnover for Blackadde
