Demand from prospective homebuyers in Scotland rose in February according to the latest Royal Institution of Chartered Surveyors (RICS) residential market survey, and surveyors anticipate that sales activity will increase this year.
Search: raise
STV Group has reported a robust financial performance for 2024, with revenue climbing 12% to £188 million, up from £168.4m in 2023, and adjusted operating profit up 3% to £20.6m. The growth was driven by strategic acquisitions and strong advertising revenue linked to the Euros.
Following a 1.0% increase in January, Scottish retail footfall experienced a 0.3% decline in February compared to the same period in 2024, according to data from the Scottish Retail Consortium (SRC) and Sensormatic Solutions.
Avison Young UK has appointed Paul Broad to be managing director of its national offices team. Mr Broad, who boasts over 20 years of experience in UK regional office markets, has risen through the ranks at Avison Young, becoming a principal in 2022 and subsequently regional managing director for Gla
Partners Wealth Management LLP (PWM) has acquired Johnston Carmichael Wealth, significantly expanding its presence in the UK wealth management sector. The acquisition sees PWM's client assets rise to approximately £6 billion, servicing around 5,500 private clients.
Workers at outsourcer Capita, which has an office in Glasgow, have begun strike action in a dispute over their employer’s refusal to negotiate a pay award for 2024.
The Royal Institution of Chartered Surveyors (RICS) is launching a consultation for a second edition of its financial crime standard.
Research by the Building Societies Association has shown that three-quarters (73%) of UK adults with Cash ISAs are against the UK government scrapping or reducing Cash ISAs. Only 8% were supportive, and the others didn’t have an opinion either way. It also highlights that the majority of
Uncertainty over policy direction has led Scotland’s private rental sector (PRS) to undergo "a reset", after a mixed year for rental growth across the country during 2024, according to Gilson Gray. The full-service legal firm’s analysis of data from Citylets pointed to stalling rents in
Moore Global, one of the UK's largest mid-tier accountancy groups, has announced record revenues for 2024, boosted by private equity investment. The network of 227 member firms across 114 countries saw a 13% increase in revenue, reaching $5.1 billion (c. £4bn). While some of this growth came f
The 'big six' regional office markets across the UK – Manchester, Leeds, Birmingham, Edinburgh, Glasgow and Bristol – are experiencing a significant rise in the number of law firms looking for premium real estate to drive talent attraction and retention, according to Savills. Demand for
Nearly half (42%) of Scottish mid-market businesses are looking at salary sacrifice schemes as a means of mitigating the impact of Budget tax changes coming into force from April, a new survey has found. BDO’s Economic Engine survey of 500 mid-market businesses found that while the use of sala
Barclays CEO CS Venkatakrishnan has seen his pay more than double to £10.5 million, up from £4.6m in 2023. This substantial increase coincides with a 24% rise in the bank's annual pre-tax profits, reaching £8.1 billion. The profit surge was driven by a rebound in investment banking
The UK economy has defied predictions of contraction, registering 0.1% growth in the fourth quarter of 2024, according to preliminary figures from the Office for National Statistics (ONS). Economists polled by Reuters had forecast a 0.1% decline. Growth was driven by the services sector, which
The most striking announcement from the Bank of England today is not the cut in interest rates, but the prospect of inflation rising to 3.7% this year while its forecasts show the economy continuing to flirt with recession, writes Laith Khalaf. Rising prices will not make for happy consumers who hav
