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Retail sales volumes fell by 0.1% in June 2022 following a fall of 0.8% in May, according to the latest figures published by the Office for National Statistics (ONS).

Deloitte has warned of high expectations of a recession occurring within the next year as surveyed industry leaders brace for economic downturn. Amid rising inflation and intensifying economic headwinds, finance leaders assign a 63% probability to experiencing a recession within the next year, accor

Kirsteen Maclean, senior associate at law firm BTO, discusses the intricacies of corporate insolvency. Research undertaken by the insolvency and restructuring trade body R3, in Scotland, revealed that the number of insolvency cases (liquidations and receiverships), for the last quarter of 2021, was

Corporate insolvencies in Scotland fell by 39% during the first six months of 2022, despite spiralling inflation, rising interest rates and energy costs, supply chain disruption and ongoing geo-political uncertainty continuing to pile pressure on businesses. Analysis of notices in The Gazette by Int

RSM has warned of the effects growing supply chain issues are having on middle market businesses. Well over a third (39%) of middle market businesses* have experienced supply chain issues within the past 12 months, and this likely represents the tip of the iceberg as disruption looks set to continue

ASC Finance for Business, a national broker franchise network, has expanded with two new Scottish offices in Edinburgh and Perth. The offices are fully open and will be run by new director Steven Downie, who has taken over the office from Alison Hunter, who has been managing the firm's Scottish oper

Vishal Chopra, head of tax for Scotland at KPMG UK, discusses the potential future tax plans at Westminster. Whoever becomes the UK’s next Prime Minister, it seems certain that tax will play a huge role in setting the tone for their premiership. Everything we’ve heard from the Tory candi

abrdn has today announced the launch of a China Next Generation Fund, a small and mid cap (SMID) fund primarily investing in the bottom 30% of the Chinese equity market, both onshore and offshore. China is the world’s second largest equity market and with 88% of China’s companies fa

The number of disputes between commercial occupiers and landlords in Scotland being referred to third-party resolution is on track to be the lowest in a decade, according to new analysis from Knight Frank. The independent commercial property consultancy obtained figures from the Royal Institution of

Latest report shows 4.4 million households are struggling financially, up from 2.8m in October 2021 - an increase of 1.6m households.

Accountancy and business advisory firm Johnston Carmichael has embarked on a significant expansion of its restructuring team with the appointment of seven trainee accountants. The trainees, most of whom joined the firm over the last 12 months, are based across Scotland and were recruited as part of

A new report published by the Office for Budget Responsibility (OBR) says "the world is becoming a riskier place" and that the UK's current fiscal direction is "unsustainable".

New research from Perth-based insurance giant Aviva has revealed that mortgages are being paid off later than they were 6 years ago.

An­drew Walker, partner and head of corporate growth at Morton Fraser, discusses the role employee businesses could have in boosting the wider UK economy. The Scottish Government’s Programme for Government included a goal to reach 500 employee-owned businesses (EOBs) by 2030. We currently

A new partnership has been formed between Edinburgh-based bank Hampden & Co and Hiscox Private Client, seeing both organisations collaborating to offer specialised insurance solutions to clients. The relationship will also allow Hampden & Co to introduce clients to Hiscox Private Client who