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UK inflation experienced an 0.1% increase in December, breaking a 10-month streak of decline. Consumer prices rose at an annual rate of 4%, surpassing both the previous month's figure of 3.9% and economists' expectations of 3.8%, according to the Office for National Statistics (ONS).

Craft brewer BrewDog has said it is ending its commitment to paying all staff the voluntary living wage.

Glasgow-headquartered housebuilder Merchant Homes Partnerships has ceased trading, making 22 employees redundant. Established in 2007 by a highly experience team to provide quality housing, incorporating innovative design, the company is well known and respected in the construction industry, providi

Scotland's commercial property market witnessed £1.5 billion worth of assets changing hands during 2023, as the market adjusted to the sharp rise in interest rates seen since December 2021, according to research from Knight Frank. The independent commercial property consultancy’s analysi

Jet setters bound for Glasgow from Heathrow Airport were given an extra warm Scottish welcome this Christmas, courtesy of a bagpiper who piped them to their departure gate, thanks to Walker’s Shortbread. Lucky passengers who were flying to Glasgow airport this week on 21 December were treated

Scotland's housing market exhibited a complex trend in October 2023, distinguished by a modest annual increase in average house prices, juxtaposed with a monthly decrease and a significant decline in residential sales volumes.

A groundbreaking ceremony has been scheduled to mark the start of work on a new £13.9 million clubhouse for the Royal Dornoch Golf Club. Morrison Construction has been appointed as the main contractor for the 18-month project which will replace the current building, which has been extended in

The Bank of England (BoE) has again decided to maintain the base interest rate at 5.25%. This decision came amidst Governor Andrew Bailey's assertion that considerable effort is still needed to bring inflation down to the standard 2% target. The Monetary Policy Committee (MPC) voted six to three in

November marked a significant turnaround in Scotland's recruitment sector with a renewed rise in hiring activity, as revealed by the Royal Bank of Scotland Report on Jobs.

The Aberdeenshire-based housebuilding and construction group Bancon Group has posted a robust year of trading, marked by a 33% increase in its homes business and a 16% rise in overall turnover, for the year ended March 2023. Turnover for the year was up £18 million on the previous year to &pou

Housebuilder Springfield Properties plc has announced the sale of 45 acres of land for £4.2 million. The transaction, involving land equivalent to 190 plots, is part of Springfield's strategic effort to reduce its debt, which had risen to £67.7m by 31 May 2023, up from £38.1m the p

Edinburgh-based telecoms provider Commsworld has reported pre-tax profit of £3.3 million in 2022 and a 16 per cent increase in turnover to £27.9 million. The company has recently won contracts to build digital infrastructure for Glasgow, North Lanarkshire and Northumberland councils, as

Chancellor Jeremy Hunt has announced a slew of financial measures aimed at bolstering the economy by aiding businesses, pensioners, the hospitality industry, and the self-employed.

Resilient consumer spending may have helped the Scottish economy avoid a recession, but economic growth has been flat since Q2 of 2022 and will remain into 2024 when GVA is expected to rise by 0.3%, according to the EY ITEM Club Scottish Autumn forecast. The forecast adds that sentiment among busine

HM Revenue & Customs (HMRC) is bracing for a surge in taxpayer queries and potential operational strain as an estimated 1.2 million individuals have found themselves liable for tax on savings interest due to increased earnings and higher savings rates.