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The Scottish Retail Consortium (SRC) has called for 'early and concrete action' to sustain the drop in the Scottish shop vacancy rate. In the first quarter of 2022, the Scottish vacancy rate decreased to 15.8%, from 16.1% in Q4 2021. It was 0.5 percentage points higher than in the same point in 2021

HSBC has seen its reported profits after tax drop by $1.1 billion to $3.4bn in the first quarter of 2022. The bank's reported profit before tax also plummeted by $1.6bn to $4.2bn. HSBC said that the decrease reflected a net charge for expected credit losses and other credit impairment charges in the

Chartered accountant Wylie & Bisset has welcomed the launch of a new online training initiative designed to support the growing number of female business founders in Scotland. With recent research for the Rose Review on Female Entrepreneurship revealing that 5,951 companies were established by w

Edinburgh-based brewery Vault City has launched two new beers made using real fruit nationwide in Tesco, as the firm revealed that its sales have tripled year-on-year to almost £2 million.

Scottish retail sales have returned to pre-pandemic levels, according to the latest Scottish Retail Consortium (SRC) and KPMG retail sales monitor.

Edinburgh-based private bank Hampden & Co saw strong growth in loans and deposits for the year to 31 December 2021, driven by a highly competitive and evolving product suite, net client growth across the UK, and increased referrals from professional intermediaries. Deposits from clients rose by

A new report reveals changes to Scotland's rural land market and values, amid strong timber prices and rising demand in non-farming leisure estates. The report published today by the Scottish Land Commission shows the Scottish rural land market is characterised by exceptionally high demand but conti

Over 1.2 million subscription payments have been stopped since summer 2021, as technology puts customers in further control of their spending, according to new data from Bank of Scotland owner Lloyds Bank. Popular TV, film and music streaming services made up almost half (47.1%) of regular payments

Scottish shopper footfall decreased by 21.1% in March (Yo3Y), 0.5 percentage points better than February, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Scottish Footfall Monitor.

The rising cost of living, increasing house prices and higher interest rates have forced house-buyers into taking out 35-year mortgages to afford their monthly repayments.

In the UK, growth momentum is expected to slow during the course of 2022 as the impact of the cost of living crisis is felt while overall growth in the UK for 2022 could reach 3.9%, before slowing to 1.1% in 2023, according to the latest KPMG Global Economic Outlook. Consumer spending is expected to

Aberdeen-headquartered developer and operator of environmental technology solutions SEM has announced the appointment of Adrian Morley as its new chief financial officer (CFO), as the business is poised for significant global growth. Adrian Morley will play a critical role in ensuring that the busin

The Artisanal Spirits Company, the owner of The Scotch Malt Whisky Society, has seen its gross profits increase by 27% to £11.2 million in the 12 months to 31 December 2021.

The UK Government must take bold and decisive action to help protect people from soaring living costs, according to finance secretary Kate Forbes. Speaking ahead of the Spring Statement today, Ms Forbes said the Chancellor of the Exchequer must use every tool available to provide support through wha

People and businesses need urgent UK Government support to mitigate the rising cost of living, finance secretary Kate Forbes has said. In a letter to the Chancellor of the Exchequer Rishi Sunak ahead of the Spring Statement, Ms Forbes called on UK Ministers to match the 6% uprate on social security