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An unprecedented number of first-time home buyers have committed to mortgage terms of 35 years or longer due to escalating costs, UK Finance data indicates. In March, 19% of all first-time buyer loans were for periods of 35 years or more, marking the highest proportion since 2005 and more than doubl

Scotland's hotel industry experienced a surge in April, reflected by increasing occupancy levels, average room rates, and gross operating profits, ahead of the summer season.

New research from CBRE has identified Edinburgh and Glasgow amongst the UK’s highest growth cities across multiple real estate sectors over the next ten years

Standard Life, a Phoenix Group subsidiary, has partnered with Scottish Financial Enterprise (SFE) to hold the first-ever 'Vulnerable Customer Summit' in Edinburgh. The summit, set to attract representatives from various financial institutions, seeks to foster collaboration in addressing the growing

Ryan Crighton, policy director at Aberdeen & Grampian Chamber of Commerce discusses Kier Starmer's plan to halt new North Sea oil and gas initatives. Big ambition on renewable energy is exactly what we need. Labour’s proposed energy strategy, revealed in The Sunday Times, has that in spade

Recent inflation figures have pushed lenders to consider increasing fixed-rate mortgages to 5% and above.

Over a quarter of all property taxes in the last year were contributed by investors and second home buyers, according to property firm DJ Alexander. DJ Alexander revealed these figures based on the latest statistics on Land and Building Transaction Tax (LBTT).

Scottish firms, once profitable but financially strained during the COVID-19 pandemic, are now feeling the pinch of a cost-of-living crisis, leading to record levels of insolvency activity, according to Wylie & Bisset, an accountancy and business advisory firm. R3, the insolvency and restructuri

Trade and Innovation Minister Richard Lochhead will meet business leaders during a visit to Spain aimed at unlocking new trade and investment opportunities. Spain is a priority market in the Scottish Government's growth export plan, A Trading Nation, worth £623 million in goods exports in 2022

Scottish Financial Enterprise (SFE) has unveiled an educational engagement initiative, A Future in Finance, to boost interest in financial services careers among young Scots.

Scotland's shops and eateries have experienced a decline in business rates, following the Scottish Government's revaluation which commenced last month, resulting in an approximate 10% reduction in business rate bills. The largest decreases are seen in bigger establishments, with retail bills droppin

Livingston-based high performance timber windows and doors manufacturer NorDan UK has announced a record 34% increase in turnover for a single year in 2022. This has included significant growth in the UK social housing market, with social landlords increasing their purchase of NorDan products by 11%

Specialist property firm Rettie & Co has reported that residential Land & Buildings Transaction Tax (LBTT) revenue, including Additional Dwelling Supplement (ADS) on second homes, has reached a record high in Scotland of over £600 million. The figures reveal that 63% of house sales are

Easter lifted Scottish retail sales in April, as total sales in Scotland rose by 9.1% compared with April 2022, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

Activity in Scotland’s housing market slowed through April according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, however prices are still rising. Both demand and supply levels fell further into negative territory in the latest survey with a net bala