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The chief statistician has released statistics showing that the Scottish economy fell by 0.2% during the third quarter of 2022, covering the period July to September. Monthly statistics also show that GDP is estimated to have contracted by 0.6% in September, with decreases across the construction an

More than £30 million of commercial property assets recently being brought to the market in Aberdeen is a sign the tide has turned in the city, according to Knight Frank.

Thomson Cooper Accountants has boosted their tax team with the appointment of experienced tax professional Keith Hunter. Mr Hunter's appointment reflects the increasing demand the firm has experienced for tax-related advice from individuals and business owners across Fife and the Lothians.

A group of Scottish-based female company founders will be heading west to California later this month to attend a five-day, market-building trade mission. Supported by Scottish Government, the event takes place from 28 November to 2 December and is led by AccelerateHER, working in partnership with G

New figures published by HMRC have revealed that the Treasury raked in another £4.1 billion in inheritance tax receipts in the months between April and October 2022.

Susie Walker, partner and head of tax at Johnston Carmichael, has commented on Chancellor Jeremy Hunt’s Autumn Statement. The Chancellor confirmed the UK is in recession and accordingly produced an Autumn Statement in which everyone feels the pain, taking more from those who earn more to finan

A total of 45% of Scotland's wealth is held by 10% of households, whilst a tenth of households have no, or negative wealth, according to a new report from the Fraser of Allander Institute (FAI). The report, carried out by the institute, which is part of the University of Strathclyde, explores trends

In October, the average rent on a newly let home rose to £1,204 pcm, passing the £1,200 mark for the first time, costing the average tenant an extra £960 per year in rent compared to last year, according to Hamptons. Average rents passed the £1,100 mark back in September 2021

The latest figures from the Office for National Statistics (ONS) have shown that the UK economy contracted 0.2% in Q3 between July and September. The UK's GDP fell by 0.6% in September alone. The information and communication sector was the worst affected and services output dropped 0.8%, causing th

MPs have been urged to fix the "dysfunctional" Companies House as it is inadvertently facilitating business fraud in its current state. The warning call came from the anti-fraud leader at the trade body UK Finance during a session of the business, energy and industrial strategy (BEIS) committee, in

At the UK level, a fall in permanent staff hires was also noted, with the rate of decline similar to that seen in Scotland. Hiring activity across Scotland fell into decline during October, with both permanent staff appointments and temporary billings contracting, according to the latest Royal Bank

Rob Doepel, EY managing partner, sustainability, UK & Ireland, comments on the publication of the Transition Plan Taskforce (TPT) Disclosure Framework. The TPT Disclosure Framework is comprehensive and an extremely important step in the right direction towards driving the UK towards a net zero f

Amid the rising cost of living facing the UK, women are less likely to contact their financial services providers for advice than men according to new research from Deloitte. A survey of over 3,000 UK consumers conducted in August 2022 found that more than three-quarters of women (72%) did not conta

As COP27 begins in Egypt, the Royal Bank of Scotland (RBS) has issued findings that meeting net zero targets would give Scotland’s economy a £22 billion revenue boost between now and 2030, according to its 2022 A Springboard to Sustainable Recovery report.

New research by CBI Economics, conducted on behalf of the CBI and its retail members, reveals retail and wholesale activity is now worth £352 billion a year to the UK economy. According to the research, urgent reforms to the UK’s outdated Business Rates system and inflexible Apprenticesh