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Scotland’s labour market continued to show some resilience as the second half of the year got underway, with job creation in the service sector partially offsetting lower manufacturing payroll numbers. Following two months of growth, business activity across the Scottish private sector slipped

A dream honeymoon turned into a nightmare when a couple checked into a 'five-star' EasyJet hotel in Rhodes, which turned out to be a noisy construction site.

Demand for Scotland's hotels has increased in June with people still wanting to travel this summer, but this was not enough to offset increasing staff costs as profits fall, according to the RSM Hotels Tracker.

Scottish high streets saw shopper numbers fall again in July, with footfall dropping by 1.3% year-on-year.

The Bank of England (BoE) has reduced the base interest rate to 4%, but a deep split among policymakers has signalled that the current cycle of reductions may be nearing its end. The decision was so contentious that the Monetary Policy Committee (MPC) had to hold two rounds of voting for the first t

Hywel Ball, the former UK head of EY, has warned that the Big Four professional services firms face significant challenges in adopting artificial intelligence due to their sheer size. Announcing his new board roles at two AI-focused boutiques, Mr Ball argued that smaller, more nimble start-ups have

A new report from KPMG has found that the UK domestic retail and commercial banking sector is entering a period of declining profitability driven by margin compression and rising cost pressures. The State of the Banks 2025 report reveals that UK banks are under growing pressure to adapt their busine

A digital marketing agency is on a strong growth trajectory following transformational support from Business Gateway East Renfrewshire. Founded in 2017 by Vicky Mustard, Must Media, which specialises in website development and social media, has earned a reputation for delivering impactful digital so

Asset manager Aberdeen Group reported net outflows of £900 million in the first half of the year, even as profits surged and its new chief executive, Jason Windsor, pushes ahead with a turnaround plan. The withdrawals from its core asset management business, primarily driven by insurance clien

Highlands and Islands Enterprise (HIE) has delivered a strong performance for the 2024/25 financial year, meeting or exceeding 18 of its 20 key targets. Preliminary figures, which are subject to review by Audit Scotland before publication of HIE’s annual report in November, show the developmen

UK families are finding themselves caught between a growing desire to save and the harsh reality of the cost of living crisis, a new report has revealed. The 2025 Scottish Friendly Family Finance Tracker, an annual snapshot of the investing and savings habits of UK households, shows that despite a g

The UK government has announced a review of the state pension age and revived the Pension Commission to tackle a looming retirement crisis, amid warnings that future pensioners are on track to be significantly poorer than today's. Work and Pensions Secretary Liz Kendall has initiated the legally req

April’s increased employer costs continued to bite for Scotland’s hoteliers in May, according to RSM’s Hotels Tracker, as room rates increased but profits fell. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows average daily rates (ADR) of occupied

A three-month period of growth for Scottish retail came to an end in June, with total sales decreasing by 0.4% compared to June 2024 – when they had decreased by 3.4%.

The Edinburgh-born founder of Dubai-based agency White & Co has joined Simpson & Marwick as director of growth & innovation. Since launching his own business in 2021, Calum White has grown it to a team of 420 with a projected turnover exceeding £60 million – a remarkable mile