The hottest May on record, albeit wet, saw profits of Scottish hotels overtake the rest of the UK, according to the RSM Hotels Tracker.
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Gneiss Energy, an Edinburgh and London-based energy finance advisory firm, has expanded its services to include metals and mining. The move reflects the increasing importance of critical minerals in the energy transition and the growing interest from investors in this sector.
Spending on eating out, new clothes and takeaways are the biggest areas people across Scotland have cut back on so far this year, according to KPMG.
UK consumer price index (CPI) inflation fell to the Bank of England’s 2% target in May, driven by lower food and core inflation.
Company insolvencies in Scotland rose by 22% year-on-year in May 2024, reaching 118. The latest data from the Insolvency Service showed this was comprised of 71 CVLs, 43 compulsory liquidations and 4 administrations. There were no CVAs and no receivership appointments.
Grouse Lettings, a residential property management and leasing business, has expanded its property portfolio by 295% following two acquisitions. The Aberdeen firm has acquired Babs Buglass Leasing and the long-term lettings side of the PMC Property business. The combined valued of the deals is six-f
The Scottish farmland market has experienced an unexpected early surge in activity despite weather-related pressure, as well as economic and policy factors. According to Savills, the number of acres advertised for sale on the open market to the end of May was 64% higher than for the same period in 2
The UK's GDP remained unchanged in April, but analysts believe the economy is still likely to grow at a decent pace in Q2.
UK energy engineering solutions provider BRUSH Group has acquired Scottish mechanical and electrical building services and sustainability consultancy Rybka. The acquisition expands the Loughborough firm’s portfolio of services to include mechanical and electrical consulting engineering, BIM, b
A financial model implemented by Lar Housing Trust is a proven blueprint to help tackle Scotland's current housing crisis, the charity has said. Launched in autumn 2015, Lar uses loan-based finance rather than traditional grant funding to provide affordable housing developments. The Scotland-wide or
Scotland’s hotel sector showed more signs of recovery in April despite cost pressures, including the recent national minimum wage (NMW) increase, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy increased to 73.4%
Grant Thornton UK LLP has released its Scotland Limited Report 2024, spotlighting the Top 100 private limited companies in Scotland and delving into the factors behind their dynamic success. This year's report is particularly significant as it represents the first full year of results in a post-COVI
UK Inflation has dropped to 2.3% in April, marking its lowest level in nearly three years.
FinTech Scotland, in collaboration with Scottish Development International (SDI), has announced that nine Scottish fintech companies will participate in Europe's largest fintech conference, Money20/20, in Amsterdam from June 4-6. The companies – Modulr, Zumo, Inicio AI, Autorek, Predictiva, Br
Edinburgh-headquartered private bank Hampden & Co has appointed Tracey Davidson as its new chief executive officer. She will succeed Graeme Hartop, who is retiring after an 11-year tenure. Ms Davidson will officially join the bank in the autumn, coinciding with Mr Hartop's departure.
