Green investors and COVID-travellers - those escaping the city during the pandemic - helped drive a record £112 million of sales in the purchase of Scottish estates in 2020, according to rural land agency Strutt & Parker. New figures released by the firm have revealed that 24 of the 36 Sco
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Savers who put their money into cash ISAs have suffered the worst year on record, with returns over the last 12 months averaging just 0.63pc, according to the latest figures released by Moneyfacts.
Business confidence in Scotland rose 15 points during March to -2%, the highest reading since March 2020, according to the latest Business Barometer from Bank of Scotland Commercial Banking.
Members of Nationwide Building Society are switching to green energy as the society takes action to help beat the looming energy price increase. The society is encouraging its members to take advantage of a six months’ free subscription to Switchd – an energy comparison tool that constan
Scotland’s economy could completely regain lost ground within the next two years and outpace the UK-wide average, according to the latest economic forecasting from KPMG. KPMG estimated the country’s economy took a 9.6% hit in 2020, broadly in-line with forecasts, as the pandemic impacted
The Scottish Building Society (SBS) has today announced a record £74 million increase in mortgage lending and a record £58m growth in savings balances. In a year the Society described as “extreme conditions”, profit before tax increased by 34% to £840,000.
People in the UK are feeling the most optimistic about their household finances since the start of the coronavirus pandemic, according to the latest Scottish Widows Household Finance Index.
Murdoch MacLennan, banking partner with Azets, is warning export-focused businesses targeting markets outside of the EU that they need to be aware of the risks and costs of currency differences and fluctuations, an issue that will be new to many businesses if they have only traded with the EU. Curre
More than 500 new jobs are to be created as part of plans to establish a global health research, development and manufacturing hub. Life sciences giant LumiraDx has announced a £78 million investment in its current Scottish operations which could see up to 750 jobs created over the next three
A release of lockdown savings built up by households over the past 12 months is set to lead to an increase of more than £50bn in consumer spending this year, according to new analysis by Scottish Friendly and the Centre for Economics and Business Research (Cebr).
Glasgow-based cashback app Swipii has announced ambitious plans to quadruple its business network as it seeks to help local retailers rebuild their businesses post lockdown and fuel the shop local revival. Swipii helps local businesses attract, reward and retain customers with its big brand tech and
The number of motor insurance claims settled by insurers in 2020 fell by 19% according to figures published today by the Association of British Insurers (ABI).
The UK economy was less affected by lockdown in January than some had forecast, with GDP contracting 2.9% month-on-month in January, according to the latest figures released by the Office for National Statistics (ONS).
The board of the Aberdeen Smaller Companies Income Trust, a fund managed by Aberdeen Standard Investments (ASI) has published its annual results for the year ended 31 December 2020 in what the firm has labelled an "extremely challenging year". The trust's board said the £70 million trust had d
Between December 2020 and February 2021, the average property selling price in East Fife, West Fife and Kinross was £218,393, up 11.9% compared to the previous year, according to the latest data from ESPC.
