Scotland's high-end property market has demonstrated resilience in 2024, with sales of homes exceeding £1 million increasing despite political and tax hurdles, according to Savills. The market recorded a total of 466 residential transactions, up from 454 in 2023. This growth is driven by stron
Search: financial focus
The National Audit Office (NAO) has warned that the UK's increasingly complex tax system is adding hundreds of millions of pounds to administration costs for both the government and businesses.
Scotland’s economy recorded strong growth in the first half of 2024 broadly keeping pace with the UK, but there are signs that growth is slowing in the second half of the year, according to the latest EY ITEM Club Scottish Forecast. GVA should expand by 0.7% over the course of 2024, slightly b
Scott McFarlane looks at the challenges businesses face in complying with National Minimum Wage and new tipping regulations during the Christmas season. As the festive season approaches, hospitality and retail businesses are gearing up for a surge in activity. Christmas marks a significant spike in
Burges Salmon partner Magnus Miller considers the differences between pensions law in Scotland and in England. With the enactment of the Trust and Succession (Scotland) Act 2024 earlier this year, it is a good time to remind ourselves of the differences between Scots law and English law as they appl
My only regret about joining the Royal Scots Club is not doing so sooner.
Artificial intelligence developers have made a breakthrough which could save taxpayers and industry billions of pounds through more efficient removal of oil and gas infrastructure.
A tax advisory company has lost a claim raised against a fruit and vegetable wholesaler that engaged its services after a sheriff ruled that a purported £9,600 “cancellation fee” said to be part of the company’s standard terms had not been incorporated into the contract betwe
Two major Scottish cities have improved their performance in PwC's Good Growth for Cities Index.
Executive pay at the UK's largest companies continued to climb in 2023, with the median FTSE 100 CEO earning a record £4.19 million, according to High Pay Centre. This represents a 2.2% increase from the previous year, a slower pace compared to the post-pandemic surge. While the median CEO now
Overnight accommodation providers should be aware of the administrative challenges posed by the soon to be implemented Scottish Visitor Levy, writes Caroline Colliston. On May 28, 2024, the Scottish Parliament passed groundbreaking legislation introducing the Scottish Visitor Levy, commonly dub
The economic and social benefit created by the delivery of mid-market rent (MMR) properties has been highlighted in a new report commissioned by not-for-profit developers HHA and Lar Housing Trust, and fund and asset manager for social housing Thriving Investments.
The Cumberland Building Society has joined industry experts from the worlds of legal, utilities and procurement to aid Scotland's hospitality sector as it faces staff shortages, rising costs, and sustainability challenges. With 175,900 jobs provided by almost 16,000 businesses across Scotland,
From the Solway Firth to the Highlands, and from rural farms to urban greenspace, new funding totalling more than £1 million for eight projects will support Scotland’s next steps to increase investment in nature. NatureScot and The National Lottery Heritage Fund have announced the latest
Scotland’s economy is set to gain momentum this year with the prospect of interest rate cuts from May onwards, a continuing fall in inflation, and decreasing energy prices. Continued growth in pay and easing pressure on household finances should also boost consumer sentiment, according to the
