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Investments in fast-growth Scottish businesses cooled slightly over the summer as economic challenges and an impending global recession saw investors take a more cautious approach, according to KPMG’s latest Venture Pulse Survey. Scotland’s scale ups attracted £117m of venture capi

Homes are selling quickly and a high level of home report valuations are being achieved, the latest data from ESPC shows. In August-October 2022, sales volumes across Edinburgh, the Lothians, Fife and the Borders reduced by 4.3% annually, while new property listings were up 0.5%.

New research has found that a combination of inflationary pressures, rising interest rates and high energy costs, and ongoing supply chain issues are all significantly impacting the financial viability of many mid-sized businesses. The 'Business Outlook Tracker', by business and financial advis

A new survey from ACCA UK (the Association of Chartered Certified Accountants)  and The Corporate Finance Network (The CFN) has revealed that a staggering 79% of SMEs believe the current energy support package for businesses is insufficient.  The SME Tracker contextualises the ongoing

UK Assets Under Management (AUM) are expected to fall by almost a tenth (9.9%) this year – the biggest annual decline since 2008 – according to the latest EY ITEM Club Outlook for Financial Services. Only a modest reversal is expected in 2023 (to 2.5% growth) due to the difficult global

Real savings’ returns have plummeted to their lowest level since February 1976 due to the effects of rising inflation, new figures reveal. The study by Scottish Friendly and the Centre for Economics and Business Research (CEBR) reveals the real annual return on savings fell to -9.0% in July &n

In a bid to clamp down on greenwashing, the Financial Conduct Authority (FCA) is proposing a package of new measures including investment product sustainability labels and restrictions on how terms like ‘ESG’, ‘green’ or ‘sustainable’ can be used. The measures are

The Cruden Group has seen its turnover increase by 29% to £247.7 million and profit before tax increase to £4.9m, according to its latest financial results. The residential and construction business said it had delivered "a 23rd consecutive year of profitable trading with a robust financ

Deloitte's Q3 UK CFO Survey has shown that CFOs view credit as being more costly than at any time since 2010 with over half (56%) rating credit as costly while over a third of finance leaders (39%) note that new credit is not easily available. The financial market impact of the government’s mi

A group of 10 organisations including MoneySavingExpert and Carnegie UK Trust have called on the government to take action on fraud in an open letter addressed to the prime minister. The letter dated 14 October 2022 reads:

Scottish Sea Farms is to provide cost-of-living support payments to its employees to help ease the impact of soaring fuel bills and food prices this winter. The support, totalling £750 for each employee, will be paid in three instalments.

The Scottish housing market outlook remains challenging amid a September fall in market activity, according to the latest RICS UK Residential Market Survey. A concern highlighted by respondents is on the impact of new Scottish Government initiatives will have on the supply of rental properties, pote

Scotland’s Internet of Things (IoT) accelerator, Smart Things Accelerator Centre, has marked its first anniversary by making a string of senior appointments to its team. Former Scottish Enterprise managing director and interim CEO Linda Hanna is now in place as STAC’s head of partnership

A strong third quarter for take-up has helped the Edinburgh office market defy the economic gloom, according to new analysis from Knight Frank. The independent commercial property consultancy found that 121,236 sq. ft. of office space was transacted in Edinburgh city centre between July and Septembe

Andrew Poxon has been appointed head of the North & Scotland division for Leonard Curtis which includes offices in Glasgow, Bury, Manchester, Preston, Chester, and Liverpool. The move is part of a new management structure that has been put in place to accelerate and promote a focus on growth.