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The UK is poised to have the weakest economic performance among G7 nations in the coming year, according to the Organisation for Economic Cooperation and Development (OECD). The OECD has revised down its growth forecast for the UK this year from 0.7% to 0.4%. It anticipates further sluggishness, pre

Aberdeen house prices grew 3% in the first quarter of 2024, while semi-detached properties experienced a quarterly decline of 2.9%, according to a new report.

Scotland's finance professionals and businesspeople gathered at ICAS' second Sustainability Summit to discuss ever-increasing sustainability and ESG reporting requirements. Held in collaboration with Accounting for Sustainability (A4S) at Edinburgh's Virgin Hotel, the event followed on from the inau

Since opening its Edinburgh office in Atria One on Morrison Street in May 2019, law firm Burges Salmon celebrates its five-year anniversary in Scotland. The firm has recorded strong organic growth and established itself in the Scottish market, with the Edinburgh office playing an important part.

The Michelin Scotland Innovation Parc (MSIP) has injected £6.4 million into the national economy through its Accelerator Programme over the last three years.  MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is a dynamic and creative home for innovators

Following 0.6% growth in January, Scotland's economy experienced a slight setback in February 2024, with onshore GDP contracting by 0.3%, according to statistics announced by the Chief Statistician. On a positive note, in the three months to February, GDP is estimated to have grown by 0.4%

In a deal facilitated by FRP Advisory, Scottish convenience store chain Eddy's Food Station has been acquired by SPAR Scotland's wholesaler, CJ Lang & Son Ltd, for an undisclosed sum. Callum Carmichael and Michelle Elliot, partners at FRP Advisory, were appointed joint administrators of Edd

Acrisure, a global fintech, has acquired Scottish insurance broker WH&R McCartney. Based in Motherwell and led by Graeme Robb and Alan Kirkwood, WH&R McCartney is an insurance broker specialising in general commercial SME insurance. It has been operating since 1932.

More landlords predict Scotland will attract the most residential property investment outside of London and the South East in the next three years, according to RSM UK’s Real Estate 360 survey. Research commissioned by the audit, tax and consulting firm shows that 14% of landlords believe Scot

Following on from the highest sales achieved in its 162-year history, Scottish Friendly has announced the appointment of a new chair as well as two new non-executive directors. John McGuigan, with over 25 years of executive experience, steps in as the financial mutual's new chair.

Scotland is poised for a gradual economic recovery with steady growth predicted over the medium term, according to KPMG UK's inaugural Scottish Economic Outlook report. The forecast shows growth of 0.4% for the Scottish economy this year, similar to the rest of the UK, but relatively weak by histori

Bancon Group has promoted Jamie Tosh to the position of managing director for Bancon Homes and Bancon Construction. In his new position, Mr Tosh will have responsibility for the company's leadership and development. He will spearhead the implementation of safety protocols ensuring the well-being of

An auction house in Dorset has withdrawn 18 ancient Egyptian human skulls from sale after an MP warned that selling them would exacerbate the violence of colonialism.

A man has been left in disbelief after receiving a tax bill totalling more than $34 billion in overdue taxes, penalties, and interest. The colossal figure Barry Tangert was quoted by the Pennsylvania Department of Revenue is too large to fit on a single line. Coincidentally, Mr Tangert's t

Glasgow-based whisky bottler and blender Hunter Laing has unveiled impressive financial results, reporting record revenue and profits as it prepares to introduce its inaugural whisky from its newly constructed Islay distillery. The business posted an operating profit of £11 million for the fis