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Consumer price inflation unexpectedly edged up to a four-month high of 0.7% in January from 0.6% in December and a three-month low of 0.3% in November, according to the latest figures released by the Office for National Statistics (ONS).

The Institute of Directors (IoD) is urging the Chancellor to put entrepreneurs at the heart of the recovery, and avoid damaging tax hikes, in its Budget submission published today. As well as calling for an extension of measures to deal with the ongoing economic impact of COVID-19, the Institute cal

The Scottish private sector sunk deeper into a downturn during the opening month of 2021, as lockdown measures stifled client demand and led some businesses to close temporarily, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Acti

Scotland's economy is 7.1% smaller than it was before the coronavirus pandemic, according to the latest Scottish Government's Monthly Economic Brief.  The brief also revealed that Scotland’s GDP fell 1.4% in November (UK: -2.6%), having grown for six consecutive months following the

Nearly a third (32%) of people in Scotland say they are financially worse off than they were before the UK first went into lockdown in March, according to new research by Shawbrook Bank.

The average property selling price in Edinburgh, the Lothians, Fife and the Borders over the past three months was £265,953, up 7.4% compared to the same period last year, according to the latest figures from ESPC. 

Annual house price growth slowed to 6.4%, from 7.3% in December, according to the latest Nationwide House Price index.

The Bank of England has reported that mortgage approvals for house purchases edged back slightly to 103,381 in December from 105,324 in November, which was the highest level since August 2007.

The UK's manufacturing sector lost momentum in January, as activity slowed to a three-month low.

Ian Campbell, director and chartered financial planner at AAB Wealth, discusses the future of pensions. The only function of economic forecasting is to make astrology look respectable.” At AAB Wealth we agree with this view by the American economist, John Kenneth Galbraith, particularly in lig

Investment volumes in Scotland totalled £1.3 billion last year, down from £2.1bn in 2021 and the weakest annual figure since 2012, largely due to the impact of pandemic lockdown measures. But with some sectors performing well, a rebound is expected this year, according to new analysis fr

The Scottish Hospitality Group (SHG) has welcomed the news of a three-month rates relief extension and a reduction in the poundage to 49p, announced in the Scottish Government budget, although it has warned the financial aid for the hospitality industry doesn’t go far enough to suppo

Scotland’s GDP is provisionally estimated to have fallen by 1.4% in November, as restrictions on economic activity were extended or reintroduced across large parts of the country. This is the first fall in GDP after six months of growth following the easing of the first lockdown in 2020. Outpu

Property developer Andy Hadden, founder and director of The Lighthouse Business Centres and founder & CEO of Wavegarden Scotland, discusses the potential revolution of the UK's workplaces amid the COVID-19 pandemic. What do you really want from your life? Pre-pandemic, this was a question that m

The UK's unemployment rate rose to 5% in the three months to November, up from 4.9%, according to the latest figures released by the Office for National Statistics (ONS).