Output for Scotland's private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index. The seasonally adjusted index, that measures the month-on-month change in the combined output of th
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The UK economy has signalled a recovery after two years of stagnation as 0.6% growth was recorded for Q1. Growth in March surged by 0.4%, following a 0.2% rise in February, resulting in a quarterly growth of 0.6%. The expansion was predominantly driven by the services sector, with manufacturing also
Scotland's gross value added (GVA) is expected to rise by 0.4% this year, down from a previous forecast of 0.7%, according to the latest EY ITEM Club Scottish Spring forecast. A slightly stronger growth trajectory for 2025 is now projected — 1.7%, up from 1.4% — with sustained growth in
Shell has announced the expansion of its enterprise development initiative, Shell LiveWIRE, throughout Scotland to aid entrepreneurs in overcoming business obstacles. Initially launched in North-East Scotland, the programme now encompasses the entire country, offering support to businesses focusing
The average price of detached homes in Edinburgh has risen by over £1,000 a week over the last year, according to property firm DJ Alexander Ltd.
Business confidence in Scotland has risen significantly to its highest level since Q4 2021, as exports growth accelerated and cost pressures eased, a survey of business leaders has found. Sentiment tracked by ICAEW’s Business Confidence Monitor for Q1 2024 put confidence at 15.4 on the in
There has been a rise in optimism among CFOs of the UK's largest businesses, according to Deloitte’s latest CFO survey. A net 17% of CFOs are more positive about the financial prospects of their companies compared to three months ago, marking the third consecutive quarter of improved sentiment
Average Scottish house prices have risen £12,379 in the last 12 months, according to analysis of the latest official statistics by DJ Alexander Ltd. The Scottish lettings and estate agency said that the latest data from the monthly house price index shows that between February 2023 and January
The price of some popular Easter eggs have risen by 50% or more as climate change hits cocoa crops in West Africa.
The UK economy has exhibited indications of a potential recovery, as January's GDP growth of 0.2% reversed most of the decline experienced in the latter part of 2023. The rise, driven by a rebound in retail sales and robust construction activity, aligns with market expectations and could signify the
The latest Royal Bank of Scotland PMI has revealed a further rise in output across the Scottish private sector midway through the opening quarter. While below the UK-wide average, the headline Scotland Business Activity Index – a seasonally adjusted index that measures the month-on-month chang
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
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
