Ahead of tomorrow's Spring Budget, the annual CBI-Fraser of Allander Scottish Productivity Index is published today with a call for businesses and the Scottish and UK governments to work together to unlock investment, build sustainable growth, and to help Scottish firms achieve success globally. The
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A forthcoming report from the Building Societies Association (BSA) highlights the urgent need for substantial changes in the current housing market to facilitate the entry of prospective first-time buyers onto the property ladder, without compromising the prospects of future generations of homebuye
The property market across Edinburgh, the Lothians, Fife, and the Borders has shown encouraging signs, marked by increased confidence among homeowners and a surge in property sales volumes, according to the latest ESPC House Price Report.
Dundee University business graduate Vladimir Zabnin is returning to his roots to help inspire future entrepreneurs with a stock market investment lecture as part of National Student Money Week. Estonian-born Mr Zabnin is an expert analyst of stocks and shares and eight years after leaving the univer
Equity investment in Scotland’s smaller businesses nearly halved last year but was still ahead of the UK average and on track to record the third highest annual figure in the last decade, according to new research from the British Business Bank. The Bank’s Small Business Finance Markets
Corporate finance advisory firm HNH Group has appointed Roger Mayor as a new partner to bolster its growing team in Scotland. Mr Mayor, 43, brings a wealth of experience from his previous role as a director at Deloitte in Edinburgh and a five-year stint with Lloyds Banking Group overseeing property
High costs and difficulty expanding their business have continued to hinder the growth of Scottish companies, according to new data from BDO. The latest bi-monthly Economic Engine survey of 500 mid-sized businesses indicates that cost pressures will persist as a significant challenge, with 44% expre
HSBC Group has increased its CEO Noel Quinn's pay package to £10.6 million, almost doubling his earnings from the previous year, despite a Q4 profit drop. The hit came from the bank's exposure to China's real estate downturn, resulting in a 78% decline in quarterly profits, falling to $1 billi
The Edinburgh International Conference Centre (EICC) has achieved a record profit of £2.6 million on revenue of £12.8m for the year ended 31 December. This result is up from profits of £699,000 profit and revenues of £11.8m in 2022.
Scotland saw hotel transaction volumes (sales of £1 million+) reach £310m in 2023, up 98% on 2022’s figure of £156m, according to Savills. Overall Scotland accounted for circa 14% of all UK hotel deals last year as the market remained resilient despite ongoing economic headwi
Scotland's hotel industry concluded 2023 on a high note, reaching pre-pandemic levels of occupancy for the first time in December, as reported by the RSM Hotels Tracker.
Residential property sales in Scotland experienced an upturn in January, marking the first positive growth in over six months, as reported by the Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
In a bid to foster the growth of innovative leaders in the Scottish Highlands and Islands, the Highlands and Islands Enterprise (HIE) has launched this year's IMPACT30 programme, providing comprehensive business support to 22 individuals under 35 in key decision-making roles.
There has been a 2.7% decrease in Scottish retail footfall, slightly better than the UK average of 2.8% year-on-year during the period of 31 December 2023 to 27 January 2024, the latest SRC-Sensormatic IQ data reveals.
The Bank of England has decided to maintain interest rates at 5.25% for the fourth consecutive meeting, emphasising the need for "more evidence" that inflation is on a sustained downward trajectory before considering rate cuts. Andrew Bailey, Governor of the Bank of England, explained that they requ
