Business activity among UK SMEs in the construction sector has expanded in the third quarter of the year with the NatWest SME Business Activity Index recording 55.1 in September.
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International tourism in Scotland continues to outperform other parts of the UK, new figures have revealed. Covering the first six months of 2024, the Office for National Statistics (ONS) latest figures for the International Passenger Survey (IPS) show, there were a total of 1,975,000 visits to Scot
A growing number of businesses in Scotland are showing early signs of financial distress, according to Begbies Traynor. The independent business rescue and recovery specialist today published its latest Red Flag Alert data, showing a rise in financial distress in Scotland and the UK in the third qua
UK inflation fell to 1.7% in September, dropping below the Bank of England's 2% target for the first time since April 2021. This was driven by lower fuel prices and base effects from an unusually strong September 2023. However, economists expect inflation to rebound in October as energy prices rise
Donald Trump has loaned nearly £5 million to his Scottish golf course last year as the company faced mounting losses. Trump International Golf Club Scotland, which operates an 18-hole resort in Aberdeenshire, received a £4.7m interest-free loan from DJT Holdings, the parent company owned
Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a 14.2% rise in net turnover to £253 million and an 8% increase in pre-tax profits to £4m for the year ended 28 April 2024. In the last year, the family-owned business, acquired 12 new company stores
The UK economy grew by 0.2% in August, following two months of stagnation. This growth was seen across all major sectors, with a particularly strong rebound in manufacturing, construction, and professional services. While monthly figures can fluctuate, this rise, coupled with positive business surve
Scotland's housing market is showing promising signs of growth, with the highest level of optimism since early 2022, according to the Royal Institution of Chartered Surveyors (RICS). Despite a subdued September, The latest RICS Residential Market Survey reports a net balance of 33% of surveyors in S
Scotland has recorded its ninth consecutive month of growth, with data, from the latest Royal Bank Regional Growth Tracker, showing that the country has continued on a positive growth trajectory in 2024, but at a slower rate in the four weeks to September. Headline Business Activity Index fell to 51
Business confidence in Scotland has slightly declined, but remains high and broadly in line with the UK average, according to ICAEW. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Q3 2024, which surveys business leaders, put confidence at 14.2 on the index, down from 15.4 i
A charity manager who fraudulently obtained more than £95,000 from two cancer foundations and channelled the cash into family bank accounts over a period of 10 years has been jailed for three years. Lindsay MacCallum, 61, fraudulently obtained £85,978.48 from the Friends of Rainbow Valle
Campion Homes has posted strong financial results for the year ended 30 June 2024, with a 122% increase in gross profit to £7.6 million and a 24% rise in turnover to £45m. Net assets also increased by £2.2m to £12.7m. This follows a steady level of private house sales and con
The Financial Reporting Council (FRC) has updated its guidance for actuaries using artificial intelligence and machine learning (AI/ML). The revised guidance helps actuaries apply the principles of Technical Actuarial Standard 100 (TAS 100) when using these techniques, ensuring the continued product
Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade. JTC saw a significant rise in sales from £25.1 million in 2022 to £29.3m in 2023, with pre-tax profits reaching £1.4m. This success comes after a chall
Scottish shopper numbers rose slightly in September, but this hasn't translated into increased sales, according to the Scottish Retail Consortium (SRC).
