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Research by the Building Societies Association has shown that three-quarters (73%) of UK adults with Cash ISAs are against the UK government scrapping or reducing Cash ISAs. Only 8% were supportive, and the others didn’t have an opinion either way. It also highlights that the majority of

Uncertainty over policy direction has led Scotland’s private rental sector (PRS) to undergo "a reset", after a mixed year for rental growth across the country during 2024, according to Gilson Gray. The full-service legal firm’s analysis of data from Citylets pointed to stalling rents in

Moore Global, one of the UK's largest mid-tier accountancy groups, has announced record revenues for 2024, boosted by private equity investment. The network of 227 member firms across 114 countries saw a 13% increase in revenue, reaching $5.1 billion (c. £4bn). While some of this growth came f

The 'big six' regional office markets across the UK – Manchester, Leeds, Birmingham, Edinburgh, Glasgow and Bristol – are experiencing a significant rise in the number of law firms looking for premium real estate to drive talent attraction and retention, according to Savills. Demand for

Nearly half (42%) of Scottish mid-market businesses are looking at salary sacrifice schemes as a means of mitigating the impact of Budget tax changes coming into force from April, a new survey has found. BDO’s Economic Engine survey of 500 mid-market businesses found that while the use of sala

Barclays CEO CS Venkatakrishnan has seen his pay more than double to £10.5 million, up from £4.6m in 2023. This substantial increase coincides with a 24% rise in the bank's annual pre-tax profits, reaching £8.1 billion. The profit surge was driven by a rebound in investment banking

The UK economy has defied predictions of contraction, registering 0.1% growth in the fourth quarter of 2024, according to preliminary figures from the Office for National Statistics (ONS). Economists polled by Reuters had forecast a 0.1% decline. Growth was driven by the services sector, which

The most striking announcement from the Bank of England today is not the cut in interest rates, but the prospect of inflation rising to 3.7% this year while its forecasts show the economy continuing to flirt with recession, writes Laith Khalaf. Rising prices will not make for happy consumers who hav

Scottish retail footfall saw a modest increase in January, rising by 1.0% year-on-year, a slight improvement from December's 1.5% decline. Shopping centres and retail parks experienced growth, with retail parks showing a particularly strong performance, up 5.7%. Edinburgh and Glasgow also saw increa

Lettings and estate agency DJ Alexander has said rent levels in Scotland are best left to the market to determine, arguing that rent controls have inadvertently fuelled rent increases. The firm said that the latest statistics on rent levels in the private rented sector (PRS) show that rents have bee

Housing associations face a challenging insurance market amid huge increases in premiums, research commissioned by the Scottish Federation of Housing Associations (SFHA) has found.

The property market in Edinburgh, the Lothians, Fife, and the Borders demonstrated robust growth between November 2024 and January 2025, with average selling prices having risen by 4.6% year-on-year, reaching £287,184, according to ESPC. This yearly rise demonstrates robust market demand even

A former Aberdeen takeaway boss has been banned from being a company director for seven years after employing three illegal workers.

The Bank of England is poised to slash interest rates to a low not seen in over a year and a half during its upcoming meeting this Thursday, 6 February. Economists predict a quarter-point reduction from the current 4.75% to 4.5%, marking the first cut of the year.

Research amongst 1,500 UK parents with children aged 0-15 years, conducted by 3Gem on behalf of Scottish Friendly, shows six out of 10 (58%) of parents are concerned their child won’t be able to afford to live independently. With over half (55%) worried that the cost of the deposit for a rente