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A proposal to increase the minimum unit price (MUP) of alcohol by 15 pence per unit to 65 pence is included in a new consultation on the future of the public health policy. Views are being sought on whether to continue the MUP legislation beyond the current term which ends next April, and the level

The Bank of England (BoE) has opted to maintain interest rates at 5.25% in a tightly contested vote. The decision follows almost two years of consecutive rate rises and is seen by experts as a potential peak, considering the better-than-expected inflation data received recently.

Scotland is outpacing the UK in the growth of goods exports, according to figures from the HMRC Regional Trade Statistics for Q2 2023.

Scotland’s care homes sector is facing an uncertain future due to mounting financial and operational pressures, including shortfalls in local authority funding, with further closures and a contraction in capacity likely, an insolvency expert is warning. Around 1,050 care homes in Scotland with

Recent labour market statistics from the Office for National Statistics (ONS) have revealed a mixed picture for Scotland's workforce. For the period between May to July 2023, the employment rate in Scotland increased by 0.5 percentage points to 75.1%, while the unemployment rate rose to 4.3%, up by

Scottish hospitality tech startup Stampede has reported strong growth over the last 12-18 months as its headcount has risen to 17 and has secured key contracts with businesses such as The Kitchin Group, Best Western Hotels, and Park Row in London. Julie Grieve, founder and CEO of Criton, has al

The Scottish labour market experienced a significant downturn in August, with surveyed recruiters signalling sharp decreases in both permanent placements and temp billings, according to the latest Royal Bank of Scotland Report on Jobs survey.

The number of pop-up hotels in Edinburgh has more than doubled in the last three years as city-centre hospitality operators evolve their offering to navigate regulatory shifts whilst simultaneously meeting traveller demand.

Nationwide reported a notable 0.8% month-on-month dip in house prices in August, reflecting the largest annual drop since July 2009 with values down by 5.3%.

National Savings & Investments (NS&I) has announced new issues of its one-year fixed rate guaranteed growth bonds and guaranteed income bonds with the highest interest rates ever offered. The new issues offer savers 6.20% gross/AER for one-year fixed rate guaranteed growth bonds and 6.03% gr

Macfarlane Group PLC has reported a pretax profit of £10 million, up 13% from last year, in its financial results in the first half of 2023. Revenue at the firm saw a modest rise of 2%, standing at £141.6m compared to the previous year's £139.2m, and the company's operating profit

It has been revealed that property listings for sale in Scotland have seen a substantial uptick across several cities, according to a recent study by estate and letting agents DJ Alexander Ltd. The most noteworthy increases from August 2022 to August 2023 were in Inverness with an 83% rise

The recent introduction of Glasgow's low emission zone (LEZ) has had unexpected financial repercussions for both businesses and their employees, following a staggering 6,000 penalty charge notices in July, according to accountancy firm Azets. The rise in penalty charge notices linked to the new

Big four firm EY has informed its UK staff of imminent reduced pay rises and smaller bonuses for this year, amidst slowing demand for consulting services.

A significant drop in inflation was recorded for July, with the Consumer Price Index (CPI) having decreased from 7.9% to 6.8%. The drop is in line with the Bank of England's projections and was expected, particularly in light of the preceding month’s energy bill cut. Nevertheless, core inflati