The UK Government’s trading plan to sell part of its shareholding in Royal Bank of Scotland owner NatWest has been extended for another 12 months. A trading plan involves selling shares in the market through an appointed broker in an orderly way at market prices over the duration of the plan.
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National paper recycling company Shredall SDS Group is on track to hit a 60% increase in business at their Scottish bases since the introduction of the single use plastic ban which came into effect in June 2022.
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 7.9% in the 12 months to May 2022, up from 7.8% in April, according to the latest figures published by the Office for National Statistics (ONS).
Finance Ministers across the UK met in Cardiff yesterday, with how to support people and businesses with soaring bills dominating discussion. The price of food, fuel, energy, clothes, travel costs and rent continue to go up as inflation rises. And OFGEM has warned energy bills are set to rise again
Average house prices in Scotland have reached a new record in April, with a rise of 7.6%, according to the latest report from Walker Fraser Steele.
The latest Royal Bank of Scotland PMI data indicated a softer expansion of private sector output across Scotland in May, with the seasonally adjusted headline Royal Bank of Scotland Business Activity Index falling from 58.9 in April to a three-month low of 55.9 in May. Slower increases in output wer
Royal Bank of Scotland reports hiring activity has slowed notably amid steep decline in staff availability. May data signalled a further increase in recruitment activity across Scotland, according to the latest Royal Bank of Scotland report on jobs survey. However, the rate of expansion slowed notic
Aberdeen's housing market is "firmly on the up" after a year of solid price and demand growth, according to a solicitor estate agent. New data in Aberdeen Solicitors’ Property Centre’s (ASPC) most recent quarterly report has highlighted a 1.4% rise in housing prices in Aberdeen.
Michael Reid writes about the financial and legal considerations of bankruptcy in regards to losing one's house. He outlines different possible scenarios and factors to keep in mind. Other than writing about the current Russian incursion into Ukraine, current media attention tends to be focused upon
A trade body is urging newly elected Scottish councils to embrace investment in build to rent (BTR) and co-living to help address the current housing crisis, addressing nationwide shortages of rental stock and providing additional housing supply to help meet housing targets. The call, following the
Scotland outpaced both the UK and Europe last year by securing 122 inward investment projects - up 14% on 2020 results - and is polling at record levels among investors who consider Scotland to be the UK’s top foreign direct investment (FDI) location, according to EY’s latest Scotland A
Households and businesses are struggling to cope with the cost of living crisis and need urgent action from the UK Government, according to finance secretary Kate Forbes. With inflation reaching a 40 year high of 9% and forecast to rise higher, Ms Forbes has written to the Chancellor of the Excheque
Prices in the UK are rising at their fastest rate for 40 years, according to the latest figures published by the Office for National Statistics (ONS).
Annual Scottish house price growth reached 6.2% in March, up 0.5% from February.
The UK is expected to become the first large European economy to reach pre-pandemic levels of corporate insolvencies as COVID-19 crisis support is wound down and rising levels of inflation threaten firms. According to credit insurer Allianz Trade, corporate insolvencies will soar by 37% this year. T
