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Crerar Hotels Group, which comprises seven award-winning hotels and inns, has reported a 9% increase in turnover and a £1.93 million rise in EBITDA, fuelled by a steady stream of guests across its portfolio. Room revenue also rose by 10%, contributing to a £1m increase in gross profit, f

The property market in Edinburgh, the Lothians, Fife, and the Borders remained buoyant during the last quarter of 2024, defying the typical seasonal slowdown.

Glasgow-based Embrace Steel Group, which provides steel frame building solutions throughout the UK, has appointed experienced finance executive Ross McAdam as its new chief financial officer. Mr McAdam will lead the ambitious steel group’s presence in Scotland alongside playing a crucial role

Marcus Di Rollo outlines six key themes that will shape Scotland’s property market in the coming year from the continued supply-demand imbalance and recalibrating rents to the evolving debate over short-term lets and eviction processes.  So far, the 2020s have seen a lot of change in Scot

More Scottish businesses are expecting turnover and profitability growth in 2025 than they did entering 2024, new research from Bank of Scotland’s Business Barometer reveals. Nearly three quarters (73%) of firms expect to see their turnover increase in the year ahead, up from 60% polled in Dec

Lindsays is on course to break the £200 million barrier for total home sales in 2025. Market experts at the firm say a more stable market during the past 12 months has been to the benefit of buyers and sellers following years of extreme highs and lows in both prices and trading conditions.

Knight Frank predicts that the utilities and information & communications sectors will dominate economic growth in Aberdeen, Edinburgh, and Glasgow through 2050. This growth will be buoyed by the transition to net zero and the rise of AI.

Expectations for home sales in Scotland have reached their highest in over three years, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, with a net balance of 50% of respondents expecting the volume of transactions to increase in the three months ah

UK job vacancies have fallen at their fastest rate since the start of the pandemic, with businesses facing slumping confidence, rising costs, and weakening consumer demand. The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled a further deterioration of UK labour market c

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders saw a 5.3% boost during September-November 2024, compared to the same time last year, taking the new average price to £286,263, ESPC has revealed. All regions (with the exception of East Fife) experience

David Alexander looks at the challenges Scottish businesses face in the current economic climate, discussing the rising corporate insolvencies and the need for empathetic and nuanced communication in resolving financial disputes. Many predicted that 2024 would be a tough year for businesses in Scotl

Tourism provided a £306 million boost to Angus' economy last year, according to an independent report. Research conducted by Global Tourism Solutions (GTS), using the Scottish Tourism Economic Activity Monitor (STEAM) model, highlights that tourism’s economic impact has increased by 27.2

Tunnock's, the Scottish confectionery firm, has announced a fourfold increase in pre-tax profits to £4 million for the year ending 24 February 2024. This surge comes despite the ongoing challenges posed by rising chocolate costs due to climate change and supply chain disruptions.

Scottish businesses are faced with a significant increase in employment costs, with estimates suggesting an additional £3 billion burden, due to the UK government's rise in employer national insurance contributions (NIC) to 15%. Across the UK, business leaders have forecast that businesses are

New research from the Local Government Information Unit (LGIU) in Scotland has revealed that 70% of all councils believe they will be unable to pass a balanced budget within the next five years without immediate changes.