A record number of new Scottish technology companies were incorporated in 2025, highlighting underlying confidence in the sector despite headwinds, according to RSM UK. RSM’s analysis shows there were 1,885 new Scottish tech incorporations in 2025, up 15% from 1,633 the previous year and in li
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The Scottish hotel sector maintained steady occupancy levels in November, yet rising operational pressures meant that modest revenue growth failed to reach the bottom line, leading to a dip in year-on-year profitability, according to the RSM Hotels Tracker.
Nearly two-thirds of UK consumers say they would change their travel plans to avoid paying an additional tourist tax, according to a survey for RSM UK. The UK-wide consumer survey was carried out as the Scottish Parliament prepares to consider the Visitor Levy (Amendment) (Scotland) Bill.
As Scotland awaits announcement of its budget on January 13, Ross Stupart, gives his view on what could be in store from a Scottish tax perspective. As Scotland’s election looms in May, the Scottish Government’s draft budget announcement will make the cross-party negotiations required to
According to the RSM Hotels Tracker, the Scottish hotel sector recorded substantial year-on-year growth in both occupancy and revenue per available room (RevPAR) in October, successfully converting higher revenue into greater profit, despite rising operational costs. The data, which is compiled and
Mid-tier accounting firm RSM has reported record remuneration for its UK partners, taking their earnings to levels competitive with the Big Four. Average profit per equity partner rose 16% to £821,000 in the year to March, up from £708,000. This figure overtakes the average earnings at E
According to the latest UK House Price Index from HM Land Registry, UK average house prices rose 2.6% in the year to September 2025, with a monthly decrease of -0.6%. The average price of a property in the UK in September 2025 was valued at £272,000.
Scotland’s luxury and mid-market hotels enjoyed a rise in occupancy, room rates and profits in August year-on-year, with budget hotels also seeing growth in room rates and profits, despite a slowdown in the wider UK market, RSM Hotels Tracker: Focus on Asset Classes has revealed. The data, whi
Ross Stupart, regional managing partner for RSM Scotland, gives his view on what impact the UK budget could have on Scotland. With the UK budget fast approaching, the persistent deficit, underwhelming economic growth forecasts and a manifesto pledge not to raise taxes for working people, Rachel Reev
The number of new UK technology incorporations in Scotland shows strong momentum in Q3 2025, as the sector defies ongoing economic uncertainty, according to RSM UK. RSM’s analysis found a total of 471 new tech companies were incorporated in Scotland in Q3 2025, jumping 26% from 375 in the same
RSM UK Holdings Limited and RSM US LLP are set to form a new transatlantic partnership, which will become effective on 1 January 2026. The new structure has received near-unanimous approval from partners at both firms.
RSM UK is urging businesses to be fully prepared for a cyber-attack, as recent figures from the NCSC (National Cyber Security Centre) show a worrying rise in "nationally significant" cyber incidents. These attacks, which can cause significant business disruption and financial loss for businesses and
RSM UK has promoted Liam Renton to employer solutions director in the firm’s tax faculty in Edinburgh. Mr Renton joined RSM’s Edinburgh office in 2015 as tax associate. He specialises in tax valuations and implementing employee share incentive plans.
Scotland’s hotels bucked the wider UK trend in August despite higher staffing costs, following the double boost to the hotel market from the Edinburgh Fringe Festival and Oasis concerts, according to the RSM Hotels Tracker.
According to RSM UK’s latest Economic Outlook for Q3 2025, the UK was the best performing G7 economy in the first half of 2025, despite low consumer confidence and stagnant business investment. However, growth looks more challenging moving forward, with inflation set to hit 4% and wage growth

