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Scottish retail vacancy rates have risen to a concerning 15.9% in Q2 2023, marking a 0.2 percentage point increase from the same period in 2022, with high street and shopping centre vacancies hitting 15.1% and 20.7%, respectively, according to Scottish Retail Consortium and Local Data Company's Q2 2

Advice Direct Scotland has revealed a significant rise in online investment scams this year, resulting in Scottish residents losing at least £120,000 to cyber criminals. The spike in fraudulent activity has largely been attributed to the misuse of social media platforms, such as Facebook, Twit

The Monetary Policy Committee (MPC) of The Bank of England has announced an increase to the base interest rate from 4.5% to 5%, marking the 13th consecutive rise. The decision was supported by a 7-2 majority, with members having preferred to maintain rate at 4.5%.

David Alexander discusses the recent rise in Scottish insolvency activity and its implications for small businesses, while stressing the importance of proactive debt recovery, and awareness of personal liability in insolvent trading. Scottish insolvency activity recently reached the highest level fo

The dramatic surge in business insolvencies in Scotland last year was the highest rise across all UK nations, according to a report from the BBC's Shared Data Unit. Nearly 90% of UK local authorities registered an increase compared to the pre-pandemic year, with Scotland noting a stark 150% jump fro

Hardies Property & Construction Consultants has seen a rise in the number of property owners seeking cover as rampant inflation prompts a surge in the volume of requests it receives for reinstatement cost assessments. With inflation being a hot topic in the national conversation with rising cost

Maxi Caledonian Ltd has posted a rise in pre-tax profits from £4 million to more than £4.3m and an increase in turnover from £80m to over £89m, in its 2022 financial results, showing resilience in a challenging business environment.

Edinburgh-based solicitors and estate agents Lindsays has reported that average house prices in the city have risen by over £60,000 since before the Covid-19 pandemic. The firm noted that prices across Edinburgh and throughout the Lothians show no signs of dropping — with values rem

Prime Minister Rishi Sunak has turned down calls to reconsider a significant increase in tax on Scotch whisky, which has the industry reeling. The tax hike, a 10% rise in duty set to take effect in August, has been characterised by the industry as a "historic blow". During a meeting in London on Mon

Scotland’s office vacancy rate has risen to 10.3%, the highest level in seven years, as occupiers continue to reassess their space needs, according to CoStar Group, a provider of online real estate marketplaces, information and analytics.

Take-up of industrial property in Aberdeen has risen to its highest level in almost a decade during 2022, as a high oil price and greater interest in renewables boosted activity in the energy sector and its supply chain, according to Knight Frank. The independent commercial property consultancy&rsqu

FRP Advisory, the specialist business advisory firm, has told shareholders to expect another rise in restructuring activity over the next few months. In a trading update issued yesterday, the firm said it expects to see increased activity in the higher value restructuring and administration market a

Filipino expats in the United Arab Emirates are bringing onions as gifts to the Philippines as the price of the vegetable has risen to $12 (£9.8) per kg in their home country.

In its latest trading update, John Wood Group has revealed it expects to book a 3% rise in underlying annual revenue to $5.4 billion (£4.4bn) despite a $275 million (£226m) hit from currency fluctuations, for its 2022 results. This is keeping in line with forecasts.

As divorce rates rise family business values will be impacted, warns expert. During the last decade the annual divorce rate in Scotland has averaged around 10,000 but this year could reach 12,000 as the cost of living, wider economic challenges and the impact of the Covid years bear heavily on relat