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Andrew Bailey, the governor of the Bank of England (BoE), has said that the UK economy is set to return to pre-pandemic levels by the end of this year. This morning, Mr Bailey said that a recent rise in interest rates in financial markets was consistent with an improvement in the economic outlook.

Current lockdown restrictions saw house sellers in Scotland holding off putting their homes up for sale, according to the February 2021 RICS UK Residential Market Survey.

UK house prices fell by 0.1% month-on-month (m/m) in February, according to the latest Halifax House Price Index.

The Scottish labour market continued to recover from the effects of the COVID-19 pandemic in February 2021, according to the latest Royal Bank of Scotland Report on Jobs. Hiring activity rose again, with quicker upturns in both permanent placements and temp billings recorded amid reports that busine

Anderson Anderson & Brown (AAB) has announced that partner Brian McMurray will join the firm’s Business Advisory Group in a new role to boost the support it provides to its extensive SME client base. Mr McMurray's new role as business advisory partner follows an unprecedented rise in deman

Edinburgh’s growing status as a hub of innovation and the quality of life it has to offer places the city among the world’s most aspirational future urban hotspots, according to Knight Frank’s latest Wealth Report.

The upcoming Budget could leave many property investors and landlords between a rock and a hard place according to property management firm Apropos. The UK-wide letting firm thinks that the widely trailed rumours that the Chancellor is about to increase capital gains tax (CGT) and Corporation Tax (C

Jason Cozens, founder & CEO of fintech Glint, discusses the role banks will play in the future of alternative global currencies.  For centuries, consumers have had no choice but to trust in the banking system. Anyone looking to secure their financial future was encouraged to entrust their s

The number of furloughed jobs in Scotland rose by just over a quarter between December and January, according to the latest HMRC coronavirus statistics. Provisional figures show as at 31st January 2021, 362,300 employments (14.9% of eligible employments) in Scotland were being supported by the Coron

Dundee-based accountancy firm MHA Henderson Loggie has revealed its predictions for the upcoming budget and its impact on businesses across the UK. The budget announcement on March 3 will finally reveal how the chancellor is going to tackle the tangle of financial challenges brought about by a

Ewen Stevenson, the chief financial officer of HSBC will donate the first year of his pay increase to charity, according to the bank's annual results.  Mr Stevenson is set to receive a £147,000 pay rise, increasing his base salary to almost £1.1 million. HSBC's annual results state

Perth-based insurance giant Aviva has launched a new cash savings platform as UK savings soar during the coronavirus pandemic. The Bank of England’s (BoE) Monetary Policy Report in February 2021 showed that “households have accumulated an excess stock of savings of £125 b

UK retail sales volumes fell a substantial 8.2% month-on-month in January, according to new figures released by the Office for National Statistics (ONS).

The Chancellor must avoid using the property market to fund coronavirus costs according to property management firm Apropos. The firm believes that the Chancellor is about to implement widely trailed increases to capital gains tax (CGT) which will have an unprecedented negative impact upon the priva

Tayside and Fife are enjoying a mini property boom as supply exceeds demand throughout the region. The high demand has led to a surge in prices for all residential properties, with price increases reported locally of 7%.