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Two-thirds of Scots plan to reduce their non-essential spending in 2023, according to research released by KPMG.

Lindsays has reported a year-on-year increase in the average price of properties it has sold, with the average price in Edinburgh reaching £325,000. Despite ongoing economic uncertainty and political turmoil, the firm believes market appetite remains steady and notes that predictions of price

Michael Reid, managing partner, Meston Reid & Co, offers advice for individuals looking to liquidate their company. One reads plenty media comment about an increase in both corporate and personal financial failure due to various factors and certainly, although there is some government assistance

Tax revenues in the UK soared by £85.1 billion over the last financial year, according to new figures published by the Organisation for Economic Co-operation and Development (OECD).

Expert analysis has shown the UK economy will shrink by 1.3% in 2023, amidst a relatively shallow but protracted recession, and will be followed by a partial recovery in 2024, which could see GDP rise by 0.2%. According to KPMG’s latest UK Economic Outlook, elevated inflation and rising intere

Springfield Properties said it is taking a cautious approach to expectations of future sales rates after it warned higher interest rates and economic uncertainty is hitting demand for private homes.

The Financial Conduct Authority (FCA) has set out ways for mortgage firms to help customers worried about or already struggling with mortgage payments.

Rental payments based on takings may become more common as retailers adapt to the changing high street in today's challenging economy, a lawyer has suggested. Martin Bennett, a director in Scottish legal firm Lindsays' commercial property team, says the option is one available in negotiations as sho

AM Bid, the Scottish bid and tender specialist, has reported record turnover in excess of £1 million for the second year in a row as it continues to recover from the impact of Covid-19. Figures to the year end 30 September 2022, saw the company post increased revenues of £1,153,165 compa

Richard Hepburn, managing director at Millar & Bryce and Landmark Scotland, discusses the state of the Scottish property market. At Millar & Bryce we have witnessed increasingly regular changes to the Scottish property market, and none more so than a reduction in home completions since the r

Scottish energy storage specialist Gravitricity has secured £194,00 from the UK government to find a demonstration site in India suitable for its gravity energy storage technology. Gravitricity has developed an innovative energy storage system which works by raising heavy weights – total

The number of overdue invoices in Scotland has reached its highest level for this year, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by Creditsafe shows the number of invoices in Scotland that have gone past their payment deadline ro

The government's support all households with energy bills over the first three months of 2023 will cost £16 billion in taxpayer money, according to Resolution Foundation analysis. Ofgem revealed yesterday that the annual energy bill of a typical household would have risen to £4,279 betwe

Alastair Moore, a chartered financial planner at AAB Wealth, outlines the advice the firm has been giving to its clients. There are plenty of scary headlines doing the rounds about pensions and markets right now, leading to a lot of nervous questions from worried investors.

Clydesdale Bank owner Virgin Money has posted annual results showing a pre-tax profit of £595 million and announced a boost to staff wages. The pay hike was announced internally earlier this month and will see the majority of the bank's 7,500 staff receive between 9% and 11% extra in total ove