Scotland’s onshore GDP grew by 0.9% in June, according to statistics announced by Scotland's chief statistician.
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A group of Scottish female entrepreneurs will shine a light on ‘the future of the High Street’ when they take up residence within Edinburgh’s newest, prestigious retail destination. Almost twenty businesses supported by Women’s Business Station will set up shop within the Soo
A joint venture has submitted plans to speculatively develop 146,745 sq ft of Grade A urban logistics accommodation on a seven-and-a-half-acre site on Bankhead Avenue in Sighthill, Edinburgh.
UK residents paid out a record amount of inheritance tax in July after the number of coronavirus deaths soared. According to new figures published by the Office for National Statistics (ONS), receipts from the 40% death duty hit £571 million in last month, marking the most ever paid in a singl
HBOS has reigned supreme in Bestinvest's hall of shame Spot the Dog report which lists the "bad mutts" of the fund management industry. The report uses statistical fund performance data to identify funds that have consistently performed badly compared to their benchmark.
Michael Richards, an environmental scientist who participated in Britain’s biggest-ever tax fraud, has had ten years added to his jail sentence for failing to pay back £11 million. Mr Ricahards operated the investment scheme which was used by comedians, sports stars and relatives of poli
The number of UK sectors reporting output growth was not unanimous for the first time since March in July, as food and drink manufacturers wrestled with labour shortages and healthcare firms faced weaker demand, according to Bank of Scotland owner Lloyds Bank's UK Recovery Tracker. Momentum in the U
UK retail sales fell by 2.5% month-on-month in July, according to the latest figures released by the Office for National Statistics (ONS).
Scottish retailers are still waiting for a return to pre-pandemic trading as total retail sales in Scotland increased by 7.4% compared with July 2020 when they had decreased by 8.3% year-on-year.
New figures have highlighted the impact coronavirus has had on the economy and public spending in Scotland. The Government Expenditure and Revenue Scotland (GERS) 2020-21 statistics show record public spending of £99.2 billion, an increase of 21% on 2019-20. This increase reflects the scale of
The coronavirus pandemic prompted a wave of innovation as businesses pivoted their operations to survive, according to a Bank of Scotland survey. Almost half (48%) of Scottish businesses said the pandemic forced them to be more creative and innovative in finding new areas of growth.
The UK economy grew by 4.8% between April and June, according to the latest figures published by the Office for National Statistics (ONS).
Baillie Gifford US Growth Trust plc has posted strong full-year results with the company's share price and net asset value returning 63.0% and 62.8% respectively. This compares with a total return of 22.4% for the S&P 500 Index.
Farm businesses providing accommodation and catering forewarned of changes to VAT rates from October
Saffery Champness is advising farm businesses that provide accommodation services or catering to be alert to the changes coming on the reduced VAT rate from 1 October. In the 2021 Budget, the Chancellor advised that the temporary 5% reduced rate of VAT would be extended to September 2021 but that th
The average inheritance tax (IHT) bill in Scotland has climbed 8.5% towards £200,000 according to the latest figures released by HMRC. For the year 2018-19, the average inheritance tax bill in the UK was £209,502. In London, the bill stood at £271,820, while in Wales it was £
