The average price of a property in Scotland in August 2022 was £195,391, an increase of 9.7% on August 2021, the latest provisional statistics from Registers of Scotland's UK House Price Index show. Comparing with the previous month, house prices in Scotland increased by 0.2% between July 2022
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The new Chancellor of the Exchequer, Jeremy Hunt, has announced the reversal of most of the tax cuts announced in the preceding chancellor's 'mini-budget'. The measures which were scrapped include:
Landmark Information Group’s latest market data report shows a continuing stabilisation of the residential property market with demand and supply equalising into August and completions on the rise. The newly-released Q3 Property Trends Report Scotland showed that whilst demand variance against
The need for flexible, energy-efficient office space is set to drive the market across the central belt of Scotland into 2023, according to new data from commercial property specialist JLL. During Q3 of 2022, Edinburgh saw occupier activity remain robust with 166,000 sq ft leased, a 16% rise compare
The Edinburgh International Conference Centre (EICC) is set for a return to pre-pandemic level of activity in 2023, and is aiming to increase North American as Edinburgh's profile rises on the global stage. The venue has experienced a strong rebound in association and corporate business, since
Shepherd and Wedderburn’s Corporate Finance team has advised Douglas and Iain Anderson, the joint managing directors of specialist plant hire company GAP Group Limited, in the sale of their separately owned vehicle hire company to international hire giant SIXT. The vehicle hire business was se
Total company insolvencies in England and Wales in the second quarter of 2022 reached their highest quarterly level since 2009, according to the latest figures published by the Office for National Statistics (ONS). The ONS said the rise had been driven by creditors' Voluntary Liquidations (CVLs).&nb
Stuart Dickson, senior investment director at Edinburgh-based Adam & Company Wealth Management, discusses the current financial market. Nostalgia for the 1980s seems to be everywhere at the moment.
More than 733,000 retirees across the UK are preparing to return to work as the cost-of-living crisis escalates, according to new research by My Pension Expert. The UK’s leading at-retirement adviser commissioned an independent survey of 2,000 UK adults. It found that, for 12% of those in reti
There has been a huge increase in demand for online advice around mortgage issues, new data from Citizens Advice Scotland (CAS) has revealed. The latest data report from the charity, covering August 2022, found a 25% increase in views of the web page “What to Do If You Can’t Pay Your Mor
In September, annual house price growth slowed to single digits for the first time since October last year, according to the latest Nationwide House Price Index.
Gen Z and Millenials are cutting their spending on hospitality and leisure activities as concerns over the cost of living rise, according to a new consumer survey from PwC.
Scottish SMEs have been hit with an estimated £42 million of unnecessary compliance costs – an average of £7m per year - due to the audit exemption threshold failing to rise in line with inflation since it was introduced in 2016, according to Donald Boyd, an SME growth expert from
Maggie Hicks, founder of SynSense, and Xiaoyan Ma, founder of Danu Robotics, plant a Hawthorn tree on University of Edinburgh’s King’s Buildings campus to mark the 100+ startups supported by Edinburgh Innovations over the last year Student startups from the University of Edinburgh have s
New Financial Conduct Authority (FCA) data has revealed that Distributed Denial-of-Service (DDoS) attacks on the financial sector significantly ncreased during the war in Ukraine.
