Despite rising economic concerns, 93 new businesses were created every hour across the UK in the first half of 2022, according to research by business lender iwoca.
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Alan McIntosh, managing director of Advice Talks Ltd, which operates the www.advicescotland.com website, is calling on money advisers to think differently about the energy debt crisis. As we all sit on a precipice waiting to find out how much the energy price cap will rise by in October, and whether
The Co-op has pledged to help disadvantaged or isolated communities avoid becoming “cash deserts” by offering to counter high street bank closures and the rise of cashless retailing. The convenience retailer said it will offer free ATMs in every store where possible, and if not offer fre
The last Domino's locations in Italy have now been closed after the country's franchise operator ePizza SpA filed for bankruptcy. The firm operating the brand's Italian operations was forced into insolvency after being unable to recover from the effects of the pandemic. The company initially filed f
UK mutual insurer Royal London has announced profits of £109 million for H1 2022 in its interim results. The rise in operating profits before tax is an increase of 36.25% from £80m (H1 2021) and comes after 140,000 new pension policies were taken out by customers in the first half of the
A report has revealed that the over-50s are being hit hardest by the current financial crisis and could face a lifetime of financial insecurity. According to the report, economic inactivity rates have risen a third amongst the over 50s since 2019, and people aged 50-54 face double the financial vuln
Bancon Group has bounced back from the pandemic with a 1,250% boost to pre-tax profits, rising from £200,000 to £2.7 million in the latest financial year. The Aberdeenshire housebuilder and construction group saw its turnover rise by £40 million on the previous year to reach £
NatWest released its H1 results today reporting an operating pre-tax profit of £1.4 billion.
The cost-of-living crisis and Bank of England rate hikes have caused a slowdown in the commercial property market in Scotland and the outlook has therefore become more cautious, according to the Royal Institution of Chartered Surveyors (RICS) Commercial Property Survey. Occupier demand for commercia
More than one in ten people in the UK (12.1%) have fallen victim to payments fraud in the last four years, according to new research by global payments company ACI Worldwide. The report shows that online fraud and digital wallet hacks now account for nearly 20% (19.8%) of U.K. fraud cases, while the
New research from Grant Thornton UK and Retail Economics has revealed that almost nine in ten UK consumers intend to cut back their spending over the year ahead.
UK inflation reached a new record high in June, as the Consumer Prices Index (CPI), measured by the Office for National Statistics (ONS) hit 9.4%.
Annual house price growth in Scotland has now reached 8.4%, signalling the highest growth so far this year, according to the latest Walker Fraser Steele Acadata House Price Index.
NatWest has decided to launch additional support for customers, colleagues and communities to assist with the rising cost of living.
Real estate advisor CBRE has released its latest figures on the Aberdeen office market during the second quarter of 2022 revealing the city has the strongest Q2 performance for office take-up since the start of the Covid-19 pandemic.
