Scotland's hotels have seen a surge in occupancy, room rates, and profits this August, exceeding the rest of the UK, according to RSM.
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The Scottish Professional Football League (SPFL) has grown its turnover to £44.3 million – the highest ever figure in the league’s history, according to its newly-published annual accounts. The SPFL’s latest figures reveal turnover has risen by £2.4m (6%), from last yea
Almost all aspects of the Tayside property market are showing "considerable growth", according to Tayside Solicitors Property Centre (TSPC). From July to September 2024, a total of 608 homes were sold, a 16% increase on the second quarter of 2024, with a combined value of £111,326,738. The ave
The minimum price per unit of alcohol has increased by 15p. MSPs previously voted to continue the public health measure which had been scheduled to end automatically on 30 April as part of a sunset clause when minimum unit pricing (MUP) legislation was introduced in 2018.
Deloitte UK partners have seen their average pay fall by £48,000 to £1.012 million in the year ending May 2024. This decrease comes despite a 2% rise in total revenue to £5.7 billion, driven by strong performance in tax, legal, and auditing. However, it remains the only Big Four fi
The UK economy grew by 0.5% in the second quarter of 2024, slightly less than initial estimates of 6%, according to the Office for National Statistics. Despite the slowdown, there are signs of improvement, including a rise in the household saving ratio and GDP per head.
Amazon UK has paid corporation tax for the first time since 2020 after the super-deduction tax break introduced by Rishi Sunak came to an end.
Paul Diggle, chief economist at abrdn, has highlighted the firm's expectation for the major developed market policy rates to eventually fall below 3% by the end of this cutting cycle in 2026. He said: "We maintain our call for a soft landing in the US economy, as inflation risks have moderated and r
Ahead of its centenary year, construction firm Morris & Spottiswood has announced record turnover of £128 million in 2023, a 25% rise from the previous year. Part of the Morris & Spottiswood Group, its founding business, Morris & Spottiswood Ltd, also achieved an operating profit o
PwC UK partners have seen their average pay drop to £862,000 this year, a 5% decrease from £906,000 last year. This comes as the firm's revenue growth slowed to 9%, down from 16% the previous year. Profits also fell by 14% to £1.1 billion.
An anti-monarchy campaign group Republic has published a report alleging that the "true cost" of the monarchy to the public is now £510 million annually. This is significantly higher than the Sovereign Grant, which funds the Royal Family's official duties and is set for a significant increase
EY partners have been told to expect a second consecutive year of pay cuts, while many senior staff will not receive a salary increase this year.
UK inflation has remained flat at 2.2% in August, despite a significant surge in airfares. The Office for National Statistics (ONS) reported that lower fuel prices and slower increases in restaurant costs offset the rise in flight costs. This news comes as the Bank of England is expected to maintain
Alliance Trust discusses the recent market shocks experienced during the August turbulence, which was marked by a sharp initial decline followed by a rebound. The Dundee-headquartered investment firm attributed the volatility to several factors, including worries about slowing economic growth in the
A major divide in new construction investment has opened between Scotland and the rest of Britain, according to a new report by Barbour ABI and the Construction Products Association (CPA).
