The latest iteration of PwC’s Women in Work Index sees Scotland rise two places to rank top of the UK’s nations and regions. First launched in 2011, the Index is a weighted average of five indicators that reflect women’s labour market outcomes and assess progress made towards achie
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Company incorporation and registration fees are set to rise in May following new legislation. The fee for incorporating a company online is set to rise from £12 to £50, while the fee for a postal application will increase from £40 to £71.
In the third quarter of 2023-24, Scotland witnessed a notable rise in corporate insolvencies, with 292 cases reported – a 7.3% increase from the previous year's figures. David Alexander, head of debt recovery at Gilson Gray, commented: “The rise in corporate insolvencies in Scotland
The Crieff Hydro Family of Hotels has reported an 86 per cent decrease in pre-tax profits to less than £420,000 despite a rise in turnover. The hotel group's latest results show pre-tax profits of £418,657 in the year to February 2023, down from £3.1 million in the previous year, a
A new board game aimed at raising awareness about common financial scams will soon be available to play in RBS branches in Glasgow and Livingston.
In the latest economic update, Scotland's onshore GDP reported a slight increase of 0.1% in August. This modest rise follows a 0.2% growth in July and compensates for the 0.1% dip experienced in June. The service sector, which accounts for around three quarters of the economy, saw a 0.5% increase af
Scotland has experienced a 4.8% rise in corporate insolvency numbers (comprising liquidations and receiverships) for Q2 2023-2024, reaching 283 cases, in comparison to the same quarter in the preceding year, according to data released by Accountant in Bankruptcy. This reflects a substantial 19.
Perthshire-based Simon Howie Butchers has seen its pre-tax profits rise to more than £4.4 million despite a “staggering” rise in energy bills. According to the latest accounts filed for the company sales and profits both rose, with turnover reaching £24.1m for the year to Dec
UK retail sales dropped by 0.9% in September following a rise of 0.4% in August, according to the latest figures published by the Office for National Statistics (ONS).
Average house prices in Scotland have risen by over a quarter since the start of the pandemic according to DJ Alexander Ltd. The property firm said that average prices have increased by 27.4% since March 2020 when the pandemic began. The increase is in marked contrast to historic rises with the prev
August saw an increase in net borrowing of mortgage debt by individuals, marking the fourth consecutive month of growth, with a significant rise to £1.2 billion, up from July's £0.2bn. In contrast, the UK observed a decline in net mortgage approvals for house purchases, dropping to a six
Amidst anticipations of a rise following an upturn in petrol prices and a hike in alcohol duties in August, the Consumer Price Index (CPI) inflation has surprisingly decreased to 6.7%. This unexpected downturn was accentuated by significant reductions in core and services inflation, hinting that the
In a deal that's breaking records and raising eyebrows, Apple has reportedly paid $5 million (£4m) for the rights to Michael Lewis's unpublished book, Going Infinite, centred around the infamous Sam Bankman-Fried (SBF), founder of now-collapsed crypto exchange FTX. The figure is unprecede
Coulters, one of Edinburgh and East Lothian’s solicitor estate agents, has responded to growing demand from the East Lothian market with the appointment of an experienced estate agent, Di Jennings, to its local team. Ms Jennings takes on the role of senior property consultant in Coulters&rsquo
The rise in reliance on familial financial support in the UK housing market has hit record levels, with new research revealing that the so-called 'Bank of Family' is anticipated to facilitate over 318,000 property transactions with support worth around £8.1 billion in 2023.
