The Scotch Whisky Association (SWA) has reported a challenging 2025 for Scotland's whisky industry, with global exports dipping to £5.36 billion, a 0.6% decline in value and a 4.3% drop in volume. This equates to 1.3 billion bottles leaving Scotland, or roughly 43 per second.
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The Scottish distilling industry is facing a deepening crisis as new data from financial advisory and restructuring firm BTG has revealed that 19% of Scotland’s distilleries are now in financial distress. In Scotland, 69 distillers, and a further 217 across England, Wales and Northern Ireland,
Residential mortgage lender Gen H has expanded to Scotland. Data from the Bank of Scotland indicates that the average first-time buyer property now costs approximately £194,000, while the average income remains around £30,504. This creates a price-to-income ratio of 6.4x, rising to 7.5x
Overall construction activity in Scotland was relatively subdued through the final quarter of 2025, according to the latest Royal Institution of Chartered Surveyors (RICS) Construction Monitor, but Scottish respondents are more optimistic about the outlook for the year ahead.
Anderson Strathern has announced the appointment of Carole Tomlinson as its new chair as the firm celebrates its 325th year in business in Scotland. Ms Tomlinson will take up the role from 1 April, succeeding Fraser Geddes following the end of his three-year term. She is a dual-qualified solicitor i
The number of Junior ISA (JISA) accounts that received the full £9,000 subscription rose to a post-pandemic high during the 2023/2024 tax year – the most recent year data is available for – as families accelerated their gifting to children. Figures obtained by Murphy Wealth from HM
Demand for commercial property in Scotland edged up in the last quarter of 2025 according to the latest Royal Institution of Chartered Surveyors (RICS) commercial property monitor, and, despite clear challenges remaining, surveyors appear cautiously optimistic for both rents and capital values this
KPMG UK/Swiss Group has reported revenue of £3.6 billion for the year ended 30 September 2025, marking its first set of financial results since the merger of the two businesses in October 2024. The Big Four firm achieved overall sales growth of 2% and a significant 14% rise in pre-tax profit t
Scotland again experienced dramatic increases in business distress in the last three months of 2025, well ahead of UK averages, according to Begbies Traynor The business rescue and recovery firm's latest Red Flag Alert data, released every three months, shows the most serious ‘critical’
Scotland’s onshore GDP grew by 0.3% in the three months to November 2025, unchanged from growth of 0.3% in the three months to October 2025, according to statistics announced by the Chief Statistician. In the three months to November, the largest positive contribution to headline GDP growth wa
A waste management company has lost a Court of Session action in which it sought over £50 million following the postponement of the deposit return scheme for single-use drink containers in Scotland after it was ruled that a letter of assurance requested by the intended scheme administrator cou
Persimmon delivered stronger‑than‑expected growth in 2025, with both construction activity and private home sales outperforming forecasts. But the FTSE 100 housebuilder cautioned that the pace of progress is likely to moderate this year amid affordability pressures and weaker demand from bulk bu
Surveyors expect a busy start to the year for the Scottish housing market after a quieter December according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
The latest Global Automotive Consumer Study by Deloitte found that only one in 10 (11%) UK consumers would choose to go fully electric with a battery electric vehicle (BEV), up from 8% in 2025. However, when looking at those planning to buy a new vehicle, this rises to 19%, compared to just 5% targ
Scottish small businesses are now more concerned about the growing tax burden than increased staffing costs, according to research by the Federation of Small Businesses (FSB). The latest FSB Small Business Index (SBI) for Scotland in Q4 2025 shows that overall small business confidence continues to
