A campaign to boost the number of businesses which become real Living Wage accredited has led to 12,000 Edinburgh workers receiving a direct, guaranteed uplift in pay over the past decade.
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Recent reports indicating that the UK government is contemplating a reduction, and eventual abolition, of Inheritance Tax (IHT), have been welcomed by Scottish estate and letting agency DJ Alexander Ltd. Described by many homeowners as the UK's most inequitable tax, IHT accrued £3.9bn between
Business confidence in Scotland has taken a dip this October, decreasing by seven points to a standing of 26%, according to the latest Bank of Scotland Business Barometer. Despite the overall drop, Scottish companies portrayed an upbeat attitude regarding their individual business outlooks, noting a
The business landscape in Scotland has become increasingly strained due to a combination of high interest rates and escalating operating costs, leading to growing numbers of businesses experiencing either early or advanced financial difficulties. As detailed in the latest Red Flag Alert data fr
The UK government's potential reduction in stamp duty has sparked calls for similar cuts in Scotland, where the current land and buildings transaction tax (LBTT) imposes higher costs on homebuyers, particularly first-timers and those purchasing properties over £325,000. Estate and letting agen
CPI Inflation in the UK has remained steady at 6.7% in September, defying the Bank of England's prediction of 6.9%. This consistent figure, primarily influenced by a rise in petrol costs counterbalanced by a decrease in food prices, reinforces expectations that the Monetary Policy Committee (MPC) wi
A study of 1,000 parents has revealed that seven in ten (70%) have never switched their children’s savings into an account paying a higher rate of interest.
Scottish retail destinations displayed an encouraging uptick in footfall for September, according to recent SRC-Sensormatic IQ data. The data reveals a 1.0% increase year-on-year (YoY), performing 0.6 percentage points better than August and notably outstripping the UK average, which exper
The average selling price of properties in Edinburgh, the Lothians, Fife and the Borders dropped 5% year-on-year during July-September 2023, taking the new average to £281,513, according to the latest report from ESPC.
Fife-based flooring contractor Advanced Traditional Screeding (ATS) has appointed Ross Andrew as its first commercial director. Mr Andrew steps up from his position as senior quantity surveyor to help lead the firm’s ongoing growth plans at its Rosyth headquarters.
New statistics released by HMRC today show UK companies significantly increased their levels of innovation investment in the 2021-22 tax year. The figures show £7.6 billion in tax relief was claimed in that period, an increase of 11% from the previous year when claims plunged as the global pan
The Scotch Whisky Association (SWA) has reported a rebound in visitor numbers to Scotch Whisky visitor centres across Scotland, reaching over 2 million in 2022, marking a recovery to pre-pandemic levels.
Edinburgh-based retail cooperative Scotmid has disclosed the upcoming retirement of its longstanding chief executive, John Brodie, next year, coinciding with the announcement of a trading profits rise to £1.5 million, an increase of £400,000, for the 26 weeks concluding at the end of Jul
Lloyds Banking Group has announced the closure of 35 more branches, confirming the termination of face-to-face services in a total of 155 sites by the end of 2023 and an additional 75 in 2024, impacting several areas including Scotland.
Scottish Leather Group has inaugurated a £14 million "super tannery" facility where it aims to set new industry standards for sustainable leather production. The landmark project, which has taken seven years to deliver, is part of Scottish Leather Group’s ongoing commitment to raising st
