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Amidst the economic turbulence of high inflation, soaring public debt, and the highest tax burden since World War Two, Armstrong Watson's experts comment on what to expect as the Autumn Statement approaches with high anticipation. Chancellor Jeremy Hunt is poised on a tightrope, balancing calls for

Aberdeen house prices have experienced a minor quarterly decrease of 0.6%, with a more significant annual drop of 4.4%, according to the Aberdeen Solicitors' Property Centre (ASPC).

The UK's inflation rate has dipped to a two-year low of 4.6%, signalling a favourable turn in the country's economic landscape.

Scotland's average monthly house prices have reached record highs, contrasting with the static or falling prices in other parts of the UK. Estate and lettings agency DJ Alexander Ltd reported that average prices were at £194,156 in August which is the latest month for which there is offic

Ardgowan Distillery, Inverclyde's zero-carbon whisky producer, has commenced construction on its £20 million facility, hailed as the "cathedral of whisky". Inverkeithing based Muir construction will deliver the first build phase which is expected to last 12 months and will see the completion o

The latest Royal Bank of Scotland PMI survey signalled a second monthly deterioration in private sector activity during October. Moreover, the headline Scotland Business Activity Index - a measure of combined manufacturing and service sector output - fell to 46.5 from 49.3 in September, indicating t

Aberdeen-based energy and engineering services firm Wood Group has reinforced its annual financial projections following a lucrative third quarter, which saw several substantial contract gains.

Scottish broadcaster STV Group has reported it is bracing for a downturn in operating profit for the year ending 31 December 2023. The anticipated profit is projected to be around £20 million, a figure impacted by the weakening national TV advertising market and a slowdown in studio commission

The housing market in Scotland remains subdued, with sales, instructions and prices all in decline, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

Perthshire-based Davidsons Chemists is set to boost its sales by as much as £10 million this year, targeting a turnover of £65-70m. This growth trajectory follows the acquisition of five Lloyds pharmacies across Scotland, enhancing its presence to over 50 outlets. Managing director Allan

Apex Hotels has experienced a formidable resurgence in the corporate and leisure sectors, propelling its revenues and profits to pre-pandemic figures in the last financial year. The Scottish-based group, which operates in Dundee, Edinburgh, Glasgow, and has expanded to Bath, London, and recently Pit

The Bank of England (BoE) has voted to maintain the base interest rate at 5.25% for the second consecutive time, signalling a continued tight monetary stance into the foreseeable future against a backdrop of persistent inflation and subdued economic growth. Despite the grim economic outlook, the cen

Hamish Lean provides an update on the rural property market. The Scottish Land Commission has recently published the Rural Land Market Insights Report 2023, which provides an in-depth analysis of the landowner and buyer motivations over the 2023 period whilst also giving insight into emerging rural

Business confidence in Scotland is ahead of the UK average although challenges remain, a survey of chartered accountants published today by ICAEW has found.

Occupier demand for Scotland's commercial property market has stagnated in the most recent quarter, as per the Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.