News

Law firm CMS is to host a new event aimed at helping junior professionals enhance their understanding of ESG (Environmental, Social and Governance) issues within the workplace. The Breaking Down the Buzzword event is led by CMS’s Scotland ESG Focus Group in collaboration with CMS Link, a netwo

Scotland's professional finance community is calling on the next Scottish Government to take urgent action on economic growth, skills, tax reform and net zero, warning that without bold policy change, Scotland risks falling behind. ACCA has published a policy prospectus for the next Scottish Parliam

KPMG is cutting nearly 600 jobs across its UK audit and advisory divisions as the Big Four firm grapples with sluggish market conditions and mounting cost pressures. Around 440 assistant manager roles in the audit business are at risk, out of a total of 590 positions identified for potential redunda

A Scottish think tank has accused the Scottish Government of pursuing housing policies it knows to be ineffective, warning that John Swinney’s proposed Help to Buy scheme for first‑time buyers will inflate prices, waste public money, and deepen the housing crisis rather than alleviate it.

Freeths, which has an office in Glasgow, has unveiled the findings of its 2026 Employment Survey, providing a data-driven snapshot of the evolving HR landscape and the strategic priorities shaping UK workplaces for the year ahead. Drawing on responses from senior HR and business leaders across a wid

Shepherd and Wedderburn has announced that Andy Hall will succeed Andrew Blain as managing partner from May 2026. Following his traineeship with the firm between 1993 and 1995, Mr Hall specialised in real estate development where he built a strong and varied practice, joining the partnership in 2003

The UK’s top 25 child savers are sitting on junior ISA (JISA) fortunes worth nearly an average of just under £400,000 (£397,500), according to new figures obtained from HMRC by Murphy Wealth. By comparison, that is nearly eight times the £53,000 average debt students leave un

A man who developed a gambling addiction at the age of 13 has been sentenced after embezzling nearly £96,000 from his employer by exploiting a security flaw in the company's financial systems. Jack Duthie, 27, was working in a financial role at Norwegian oil and gas operator DNO North Sea PLC,

Magic Light Pictures has confirmed the launch of Stirling Animation Studio (SAS), its new, wholly owned studio where the company will complete production of its landmark preschool series Zog for the BBC. Following Wild Child Animation entering administration, with the potential loss of all jobs and

Business confidence in Scotland rose 10 points during March to 51%, according to the latest Business Barometer from the Bank of Scotland. Companies in Scotland reported higher confidence in their own trading outlook month-on-month, up 22 points at 63%. When taken alongside their optimism in the econ

Nearly £390 million of commercial property deals have concluded in the first three months of 2026, despite an increasingly uncertain geopolitical backdrop, according to new research from Knight Frank.

MHA has donated £3,500 to help improve the financial literacy of young people in Edinburgh. This is the first donation to be announced in Scotland from the MHA 1892 Foundation, a new charitable initiative designed to address the financial literacy gap among young people across the UK.

MFMac has announced the promotion of four legal directors to partner, effective 1 April, marking a major milestone in the firm’s evolution and growth. The promotions follow the appointment of Claire Macpherson (Private Client) and Shaz Khalid (Corporate) as partners at the start of the year an

Luxury private label Scotch whisky business Tailored Spirits Co has been named a winner at the Stelios Foundation UK Young Entrepreneur Awards 2026, with Co-Founders Adam Harding and Carl Johnstone jointly securing a £50,000 prize. Founded in 2024 and based in Leith, Tailored Spirits Co was aw

Nearly half a million Lloyds Banking Group customers were affected by a significant technical failure earlier this month, with the bank now making compensation payments to thousands of those impacted. Up to 447,936 customers across Lloyds, Halifax and Bank of Scotland experienced unauthorised transa