The UK's national debt is projected to treble over the next 50 years, driven by an ageing population, climate change, and geopolitical tensions, according to the Office for Budget Responsibility (OBR). In its latest Fiscal Risks and Sustainability Report, the OBR revealed that without increased
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The UK economy has experienced a second consecutive month of stagnant growth in July, with GDP remaining flat.
Scottish accountancy firm Wbg has urged entrepreneurs to prepare for potential capital tax hikes in Chancellor Rachel Reeves' upcoming budget on 30 October. The advice follows figures from the Office for National Statistics (ONS) showing that UK government borrowing hit a higher than expected £
Average house prices rose £5,368 in Scotland last year, according to DJ Alexander. The Scottish lettings and estate agency said that the latest data from the monthly house price index published today shows that between July 2023 and June 2024 average house prices in Scotland increased from &po
The average selling price of property in Edinburgh, the Lothians, Fife and the Borders was £287,488 in June-August 2024, an annual increase of 2.3%, ESPC reports. Most of the regions enjoyed similarly small but healthy increases in average selling prices, with the Borders seeing a 3.4% annual
House prices in Scotland's island regions have outpaced those in the rest of the country, with a 30% increase to £182,000 since 2018, according to Registers of Scotland. This compares to a 23% rise on the mainland, where the median now stands at £185,000, its report states.
Shoplifting is up by more than a third since last year, according to new police figures. The latest recorded crime figures reveal that 40,554 alleged shoplifting crimes were reported to police in the year ending June 2024, up from 30,202 the previous year and 27,045 in the year ending June 2020.
Over 50 new jobs are set to be created or retained in Caithness and Sutherland thanks to support given by Highlands and Islands Enterprise to local businesses and communities during last financial year. HIE's outturns for 2023/24 were achieved through a combination of financial and non-financial int
Scotland's real estate sector attracted £770 million in investments in the first half of 2024, a 4% rise on the 10-year average and a 30% jump from the same period in 2023.
Glasgow has recorded the highest average annual price growth of new build apartments of the UK’s six biggest cities outside London, according to research from global property advisor JLL.
The number of overdue invoices in Scotland has reached its highest level this year, according to R3. R3, the UK’s insolvency and restructuring trade body, analysed data provided by Creditsafe revealing that businesses in Scotland had 538,172 unpaid invoices on their books last month – th
The UK economy grew by 0.6% in the second quarter of 2024, matching expectations and marking a continued recovery from last year's recession. However, monthly GDP growth was flat in June due to poor weather impacting retail sales. Experts warn that challenges remain for sustaining long-term growth,
UK CPI ticked up to 2.2% in July, driven by energy base effects that outweighed a slowdown in services inflation. Analysts anticipate further gradual increases in inflation through the second half of 2024. Peter Arnold, EY UK chief economist, said: "A smaller drag from the energy category added
Hargreaves Lansdown, the FTSE 100-listed investment platform, has agreed to a £5.4 billion takeover offer from a private equity consortium led by CVC Capital Partners. Pending shareholder approval, the deal will pay £11.40 per share, with the founders, Peter Hargreaves and Stephen Lansdo
Young people should get free Netflix if they surrender illegal knives, the head of Germany's police union has suggested. Jochen Kopelke, federal chair of the Union for Police (GdP), called for a knife amnesty in the wake of a high-profile attack in Stuttgart.
