House prices begin to fall at a slower rate

House price declines are gradually easing as the number of sales increases across the UK. In October 2023, prices dropped by -1.4%, slowing to -0.8% by December. The East of England (-2.5%) and the South West (-2.2%) experienced the most significant declines in 2023....

UK vacancies see biggest monthly decline in three years

The latest UK job market report from job search engine Adzuna has revealed that in December 2023, the UK faced its most substantial monthly vacancy decline in nearly three years. The number of advertised vacancies experienced a notable drop of -6.95% to 929,138,...

Scotland sees over 38,000 new startups in 2023

Scotland witnessed a surge in entrepreneurial activity in 2023, with more than 38,000 new businesses being established, according to the latest findings from UK insolvency and restructuring trade body R3. An examination of data from Creditsafe revealed the formation...

UK inflation rises by 0.1%

The UK inflation rate rose slightly to 4.0%, in December 2023, up from 3.9% in November. This 0.1% increment marks the first increase in the Consumer Prices Index (CPI) rate since February 2023, while monthly growth in December also stood at 0.4%, consistent with the...