The Scottish housing market continues to weaken, with last month bringing another decrease in buyer demand and agreed sales, according to the October 2022 RICS Residential Market Survey. Prices though were still increasing according to respondents. Demand for residential property fell for the sixth
Search: financial focus
Recent first-time buyers will be hit hard by surging interest rates, with their lifetime interest costs more than doubling over the past five years and their total lifetime costs reaching record highs, although coming house price falls will offer some respite to the next generation of homeowners, ac
Open Banking Limited (OBL) has announced that Charlotte Crosswell, chair and trustee of the Open Banking Implementation Entity (OBIE), will step down from her role on 31 January 2023. Ms Crosswell has overseen and delivered significant governance, culture and management changes at the OBIE during he
As COP27 begins in Egypt, the Royal Bank of Scotland (RBS) has issued findings that meeting net zero targets would give Scotland’s economy a £22 billion revenue boost between now and 2030, according to its 2022 A Springboard to Sustainable Recovery report.
Accountancy and business advisory firm BDO, has moved into new 8,000sq ft office premises in Glasgow, after signing a 10-year lease, as part of its ongoing plans to expand its Scotland team and business. More than 130 of its team will based at 2 Atlantic Square location. The move forms a key part of
An all-inclusive holiday in Egypt has been advertised as cheaper than living in the UK this winter amid rising bills. The 28-day 'Escape the UK' holiday launched by easyJet holidays is priced at £650 per person per month, which includes travel, accommodation, food and costly outgoings like bro
With the Bank of England expected to increase Bank base rate later today, Savills has issued new five-year house price forecasts, predicting that the average UK house price will fall by 10% in 2023 when interest rates peak. However, the firm added that the prime markets will see smaller falls and ou
AssetCo, agile asset and wealth management company, has acquired SVM Asset Management Limited, expanding its presence in Scotland. The acquisition was pending approval by the FCA to the change of controller of SVM. This approval has now been granted, all the conditions pertaining to the acquisi
Hardies Property & Construction Consultants has acquired Dundee-based quantity surveying firm the John Duguid Partnership. Established in 1929 in Dundee, John M Duguid & Co was initially solely a quantity surveying-based firm. However, the firm was renamed to John Duguid Partnership in 1989,
Charities and third sector organisations working with some of the most vulnerable people in the community, can now access a multi-million-pound fund backed by the Scottish National Investment Bank (SNIB). Social and Sustainable Capital (SASC) provide finance for improving lives by backing organisati
The Scottish Housing Regulator has today published a new report on its analysis of Registered Social Landlords (RSLs) annual loan portfolio returns for the period April 2021 to March 2022.
The full list of events for Fife Business Week 2022 have been announced, kicking off on Monday 7th November through to Friday 11th November. One of the many venues for the week is the Enterprise Hub Fife in Glenrothes which is ideally placed to host events and workshops.
Karen Thomson, payroll director at AAB, discusses how firms can help their employees and the wider business through the current cost of living crisis. With inflation at a 40-year high and the threat of more hikes in interest rates, employees are really feeling the pinch.
New research from EY Lane4 has shown that while 86% of employees say their organisation has a ‘purpose statement’, 42% are unaware of what that purpose statement includes. The findings are taken from a recent survey of more than 2,000 UK employees, including 500 at C-suite level, working
Aspiring entrepreneurs are invited to apply to the 2023 UHI Business Competition which has £8,000 in prize money up for grabs. The competition is now open for entries from anyone over 16 living in the Highlands and Islands, Moray, Argyll and Perthshire, as well as all students studying across
