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The Scottish residential market has demonstrated remarkable resilience, with sales of homes valued at over £1 million reaching a new peak in 2024, according to estate agency Rettie. The report suggests that the growth growth, led by Edinburgh and the East of Scotland, signals a renewed confide

Dundee construction firm Kilmac has announced a record-breaking year, with profits soaring on the back of several major school construction projects.

The outlook for the Scottish and UK economies has weakened, with growth now expected to remain sluggish through the rest of 2025, according to the Fraser of Allander Institute at the University of Strathclyde. In its latest quarterly Economic Commentary, the Institute has downgraded its forecasts fo

The pound sterling has experienced for its most significant weekly advance against the dollar in almost four months on Friday, trading near a peak not seen since late 2021. The rise to over $1.37 is attributed more to a general weakening of the US dollar than to inherent strength in sterling. I

Harper Macleod has recorded turnover of £43.5 million for the year to 31 March 2025, an increase of nearly 20% compared to the previous 12 months (£36.5m).  Headcount across its five offices in Glasgow, Edinburgh, Inverness, Elgin and Lerwick also increased to 466 from 446 in the pr

Scotland saw a 13% increase in company insolvencies in May 2025 compared to the same period last year, reaching a total of 133. This rise was primarily driven by an increase in compulsory liquidations, which accounted for 72 cases. The remaining insolvencies included 56 Creditors' Voluntary Liquidat

As the public consultation on the Charities SORP 2026 ends, the Institute of Chartered Accountants of Scotland (ICAS) has called for further action to ease the growing reporting burden on charities. Christine Scott, head of charities and reporting at ICAS said: "The proposed changes offer more clari

Average property prices in Scotland's housing market rose to £191,000 in April 2025, marking a 5.8% increase compared to April 2024, new figures from the latest UK House Price Index (HPI) have shown.

Scottish economic growth could exceed the wider UK economy in 2026, according to KPMG’s latest European Economic Outlook. KPMG forecasts Scotland’s GDP will grow by 1.2% in 2026, slightly ahead of the 1.1% growth rate forecasted for the UK. The firm’s report predicts Scottish busin

The number of families estates in Edinburgh and Glasgow subject to Inheritance Tax (IHT) is set to rise sharply by the end of 2026/27, according to a new report by Wright, Johnston & Mackenzie and Irwin Mitchell. The findings are based on a Freedom of Information request to HMRC and form part of

More than eight in ten Scottish small business owners (83%) cite barriers holding their businesses back from growing – with concerns over fixed costs and the cost of hiring skilled labour on the rise – according to Novuna Business Finance. The findings from Novuna’s Business Barome

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders during March-May 2025 was £283,335, 3.6% higher than the same time last year. The most expensive region to buy a property was Edinburgh, with an average price of £301,077, while the most affordable

A Bank of England (BoE) rate-setter has played down the recent surge in UK inflation, reiterating his call for additional interest rate reductions. Alan Taylor, a member of the Monetary Policy Committee (MPC), attributed the latest inflation increase to "one-off factors", specifically citing US Pres

Scotland's largest lettings and estate agency has warned the UK government against imposing higher taxes on landlords, which it says would worsen the housing crisis. DJ Alexander Ltd says increasing taxes on rental income would result in reduced investment in the sector, the prospect of a fall in th

John Heaney Electrical Limited (JHE), the West Lothian-based electrical, mechanical and HVAC firm, has posted a record turnover for the third year running following a series of significant contract wins. The Livingston company’s latest set of financial results to the year end December 2024 sho