Search: raise

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.

Scotland's hotel sector is experiencing a surge in investment, with Q3 2024 figures having reached £110 million, a 150% increase on the five-year quarterly average of £44m, according to Colliers. This brings the year-to-date total to £200 million, an 18% rise compared to 2023. Coll

Barclays has been fined £40 million by the Financial Conduct Authority (FCA) for failing to disclose payments made to Qatari investors during the 2008 financial crisis. The bank was due to challenge the FCA's decision in court but dropped the appeal at the last minute.

The Federation of Small Businesses (FSB) in Scotland has set out the key priorities for small businesses from the Scottish Budget in order to protect jobs. FSB Scotland policy chair, Andrew McRae, said the Budget on 4 December will be critical for the future of many of the country’s 330,000 sm

Scottish distiller Eden Mill has sold out its Pedro Ximénez single cask release in just 24 hours.

Family-run ice cream producer Mackie's of Scotland has achieved double digit market share growth over the past year, defying tough market conditions. Increased distribution in major retailers like Morrisons, Tesco, Sainsbury's and Co-op, coupled with targeted marketing, has led to a 22% rise in mark

The UK's CPI inflation rose to 2.3% in October, exceeding economists' predictions of 2.2% and putting pressure on the Bank of England to postpone further interest rate cuts. The Office for National Statistics (ONS) attributed the increase primarily to higher energy bills, offsetting lower oil prices

Overdue invoices have surged by 42.8% in October 2024, compared to the same period last year, equating to 600,588 unpaid invoices, according to R3. The insolvency and restructuring trade body's analysis of data provided by Creditsafe shows that this is the highest monthly total of 2024 so far, and a