Business confidence in Scotland has increased marginally quarter-on-quarter but lags the UK average, according to ICAEW. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Q2 2024 put confidence at 15.6 on the index, up from 15.4 the previous quarter and ahead of the historical
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The UK's GDP grew 0.4% during May, leading experts to suggest the Bank of England may further delay a cut to the base rate.
Highlands and Islands Enterprise (HIE) has reported a strong year of investment and job creation, with over 1,200 jobs set to be created or retained in the region, including 82 jobs in fragile areas. The outturns for 2023/24 were achieved through a combination of financial and non-financial interven
A new survey by HSBC UK reveals Scots are more confident about their debt management knowledge than the rest of the UK, as 72% of Scottish respondents understand debt consolidation, exceeding the UK average. In Glasgow, this figure rises to 76%, demonstrating a strong awareness of financial options.
Civil engineering firm Kilmac has reported a nearly 30% rise in profit to a record £1.7 million in the year to September 2023. The Dundee-based business saw turnover increase to a record £26.57m, up from £25.65m in the previous year.
EY Scotland has appointed seven new partners and elevated an existing partner to equity partner. Will Asher, Mark Higgins, Laura Mitchell, Fiona Queen, Richard Rainey, Ross Robertson, and Mike Winn have been appointed partners. Tom Sanders, who was appointed partner in the Aberdeen practice in
UK economic growth in Q1 2024 was marginally stronger than initial estimates, revised upwards to 0.7% from 0.6%, according to the Office for National Statistics. National accounts for the first quarter showed the rise was fuelled by consumer spending and net trade, though slightly offset by weaker b
Business confidence in Scotland fell 14 points during June to 43%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 16 points at 44%. When taken alongside their optimism in the econo
Newton Property Management has appointed Vincent Goldie as chief executive officer and Rachel Littlejohn as business development director. The firm said the strategic move underscores its commitment to raising customer service standards and driving change within the property management sector.
Holiday specialist Caledonian Leisure has reported profit after tax of £1.4 million on turnover of £55m for 2023.
Students in Glasgow could be faced with paying close to £5,000 more for accommodation than their counterparts in Aberdeen in the next academic year, according to real estate advisor CBRE. The firm analysed the purpose-built student accommodation sector (PBSA) in the UK’s 30 major univers
The Artisanal Spirits Company, owner of whisky brands including The Scotch Malt Whisky Society (SMWS), has received recognition at top international spirits competitions in 2024.
New Department for Work and Pensions (DWP) data has revealed a widening geographic inequality around company share schemes offered in Scotland, compared to the rest of the UK. Equity management platform Vestd has found that only 3% of households in Scotland have investments in the form of company sh
Surveyors in Scotland anticipate that house prices will increase through the coming months according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey as both demand and supply remain steady.
Scotland's labour market experienced mixed results in the period from February to April 2024, with an increase in unemployment to 4.7%, a decrease in employment to 73.1%, and a rise in inactivity to 23.2%. Ann Frances Cooney, employment partner at DWF, has commented: "The cooling of the labour marke
