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The UK economy barely grew in the third quarter of 2024, registering a meagre 0.1% increase, according to the Office for National Statistics (ONS). This marks a significant slowdown from the 0.5% growth seen in the previous quarter and places the UK sixth in the G7 growth league.

Wbg has warned that budget changes are setting the stage for a harsh blow to employers, with implications that could shake the foundations of many industries. With the current Employer National Insurance Contributions (NIC) rate of 13.8% set to rise to 15% in April 2025, Craig Allison, associate dir

Zappaty, a secure file sharing and collaboration platform for SMEs, has appointed Stuart Montgomerie as chief strategy officer and advisor. Mr Montgomerie, who has a background in investment banking, brings extensive experience in strategic growth and business transformation from his executive roles

The average selling price of property in Edinburgh, the Lothians, Fife and the Borders has grown to £288,071 during August-October 2024 – a 5.3% year-on-year increase – according to ESPC. The Borders saw its average rise 9.5% to £229,480, while Edinburgh’s average jumpe

Euan Fernie takes a look at the implications Chancellor Rachel Reeves' first Autumn Budget has for personal finance. It may in part have been a consequence of some heavy trailing, but there were no major surprises in the Chancellor’s first Budget and its measures – as they related to per

Commenting on what was perhaps the most highly anticipated Autumn Budget announcement in recent history, ICAS (the Institute of Chartered Accountants of Scotland) has said that the budget picks the pockets of UK businesses.  Bruce Cartwright CA, ICAS CEO, said: "The government’s mani

Roger Green discusses the announcement of a National Living Wage (NLW) increase to £12.21 per hour, exploring its potential impact on businesses and employees, and the importance of fair and sustainable wage growth. Yesterday, the UK government confirmed the National Living Wage (NLW) will ris

Dear Editor, I hope this finds you well. On the eve of the budget and with accountancy and legal professionals alike worrying and speculating on its contents, I shared the below poem on my LinkedIn to add a little levity to the discussion:

EY's UK partners have seen their average pay fall 5% to £723,000 this year, despite a 3% rise in revenue to £3.70 billion for the financial year ending 30 June 2024. The Big Four firm reported a compound annual growth rate (CAGR) of 10% for fee income over the last four years, while also

Edinburgh-headquartered Spotless Commercial Cleaning has acquired English firm Fluid Hygiene (FH), a hospitality sector cleaning specialist which has been operating for over three decade. Based in New Malden, Surrey, FH was set up in 1993 by its managing director Alister Gregson who now joins Spotle

Investment in Glasgow offices has already surpassed last year's total, reaching £198 million in the year-to-date, a 46% increase from 2023's £136m, according to Knight Frank. The deals figure signals a recovery in the city's commercial property market following the sharp rise in interest

Aberdeenshire-based energy solutions business OEG Energy Group has appointed Tom Murray CA as its new chief financial officer (CFO) with immediate effect. Mr Murray replaces Doug Fleming who has stepped down for personal reasons.

NatWest Group has posted a 26% jump in third-quarter profits to £1.7bn, exceeding expectations and raising its income forecast for the year. This strong performance comes despite a challenging UK economic outlook and follows a trend of positive results from other major UK banks.

Scotland’s luxury and mid market hotels have experienced a boost, as consumers are trading up their choice of hotels and demand for budget hotels falls amidst easing cost-of-living pressures, according to RSM. The RSM Hotels Tracker: Focus on Asset Classes, uses data compiled and produced by H

As we approach the Autumn Budget, the energy sector faces significant challenges, and the stakes for the North Sea industry have never been higher, writes Mark Brown. Recent developments surrounding the UK government's fiscal policies, particularly the Energy Profits Levy (EPL), have stirred deep co