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
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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
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.
