Bellway has said it is "enjoying a particularly strong performance" in Scotland after the housebuilder reported a massive increase in profits and home completions.
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Halifax has eased its mortgage borrowing rules for millions of affluent homebuyers in a bet that the UK housing market will remain strong despite the threat of rising interest rates. The bank has announced that it will now offer those who earn more than £75,000 a loan of up to five-and-a-half
Sir Brian Souter, the co-founder of bus company Stagecoach, has made more than £40 million in the past year thanks to investments made within Souter Investments Limited. Sir Brian hold a substantial part of his wealth within Souter Investments Limited, of which he is the co-founder. That
A new report out today from Barclays Eagle Labs and Beauhurst reveals the top cities for the number of high-growth businesses outside of London as Edinburgh, Manchester and Leeds top the list.
Take-up for the Glasgow office market totalled 289,209 sq ft in the third quarter of the year, the highest quarterly total since Q4 2019, according to the latest office market figures released by real estate advisor CBRE. The figure marks a 234% increase from Q3 2020.
Finance leaders believe that the labour shortages and supply disruptions British businesses are experiencing now are likely to persist for a year, with no meaningful easing until late 2022 and 2023, according to Deloitte’s UK CFO Survey Q3 2021. The majority of CFOs experienced labour shortage
Charles Randell has asked the Chancellor of the Exchequer to commence the process to appoint his successor as chair of the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR). Mr Randell plans to step down in Spring 2022.
Buyers are starting to return to the UK housing market but have little choice of new properties, according to the September 2021 RICS Residential Market Survey. Results show a steadier trend in buyer demand in September, after a brief pull-back that followed the wave of activity around the Stamp Dut
A substantial new investment of over £300 million in hospital and community care has been unveiled by the Scottish Government to help tackle what is anticipated to be the toughest winter the NHS and social care system has ever faced. The new multi-year funding will support a range of measures
Big Mannys’ Pizza, which is due to open a second unit in Aberdeen in the next few weeks, has received a six-figure investment boost from Simon Cowie of Infinity Partnership. Simon Cowie, an accountant, business advisor and entrepreneur, has provided the cash injection for a minority stake in t
Melrose-based developer Rural Renaissance Limited (RRL) has broken ground on a new 14-flat retirement complex in the town centre, with support from Bank of Scotland.
Annual house price growth eased back to 10.0%, from 11.0% in August, according to the latest Nationwide House Price Index.
On September 24, Jonny Marston, Rob Croxen and Paul Berkovi of professional services firm Alvarez & Marsal Europe LLP were appointed as joint administrators to People’s Energy (Supply) Limited, the energy supplier and The People’s Energy Company Limited, the 100% owner of People&rsqu
All tips will go to staff under new plans to overhaul tipping practices set out by the UK Government today, providing a financial boost to hospitality workers across the country. Most hospitality workers – many of whom are earning the National Minimum Wage or National Living Wage – rely
Debit and credit card transactions surpassed four in every five pounds spent in 2020, (81%, up from 78% in 2019), according to the latest Payments Survey released by the British Retail Consortium (BRC) The pandemic and digital shift mean that cash use now accounts for just 15% of total spending in r
