Young adults are the most likely group to experience poverty in Scotland, with those renting privately at greatest risk, a new report has said. Research by the New Policy Institute (NPI) for the Joseph Rowntree Foundation (JRF), found that young adults under 30 now make up the biggest share of those
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The latest figures from LMS have revealed that the value of monthly gross remortgage lending saw a decrease of 16 per cent in February to £3.5bn, down from the £4.1bn in January reported by the Council for Mortgage Lenders(CML) last week. LMS estimates the number of remortgage loans also fell by 1
A stronger performance than expected has led the Fraser of Allander Institute to upgrade its forecast for Scottish GDP growth. Though revised only modestly to 1% from 0.9%, it reflects the institute's view that the Scottish economy has continued to demonstrate resilience despite uncertainty arising
The UK Consumer Price Index (CPI) held steady in May, rising by 0.2%, the same rate as in May 2025.
Johnston Carmichael has strengthened its leadership team with seven senior appointments across the business, including one partner promotion. The move forms part of its continued investment in developing future leaders and building a lasting legacy as the firm celebrates its 90th anniversary this ye
A new analysis from the Resolution Foundation has reignited debate over the future of the State Pension Triple Lock, arguing that the policy is too expensive, ineffective at tackling poverty, and unsustainable for the public finances. The briefing, published this week, notes that the State Pension i
UK adults are building cash savings, but a reluctance to invest means millions may risk missing out on potential long‑term growth, new research from Scottish Friendly has found.
Opportunities for strategic lenders as competitive debt market sees structure become as important as price, according to Savills. At its Scottish Financing Property presentation, Savills revealed that against a backdrop of challenging market dynamics, the debt market remains competitive, with struct
Bunq, Europe's second-largest digital bank, is preparing to apply for a full UK banking licence, as the Dutch fintech seeks to expand its presence in the UK and compete with sector leader Revolut. The $2 billion (c. £1.5bn) firm, which reached 20 million users within a decade, is understood to
Sumer Group has appointed Ellie Dignam as national head of accountancy and business advisory services (ABAS). Ms Dignam joins from BHP, part of Sumer Group, where she is partner and head of digital finance. Since joining BHP in 2012, she has helped build a modern accountancy and advisory service for
The British Business Bank has passed the milestone of unlocking £200 million of debt finance for smaller businesses across Scotland through its Growth Guarantee Scheme. To date, 1,283 Scottish businesses have benefited, with the finance delivered through 32 lenders operating across the country
New lending data from Funding Circle has signalled a shift in how SMEs use external finance, with borrowing for tax payments, working capital and debt refinancing all rising significantly, while growth-focused lending loses ground. The findings, based on analysis of 2025 data, carry practical implic
Scotland’s economy experienced a sluggish start to 2026, with onshore GDP growing by just 0.1% in the first quarter, falling significantly behind the UK's overall 0.6% expansion, according to statistics announced by the Chief Statistician. Despite consecutive economic contractions in January a
More than half of Scottish businesses say a combination of supply chain pressures and higher energy and fuel costs are among their biggest challenges as they grapple with the impact of conflict in the Middle East, according to new research from accountancy and advisory firm BDO LLP. The bi-monthly s
