News

Abrdn shares jumped over 4% today after reporting improved inflows, offering a glimmer of hope for the challenged asset manager. The firm saw £1.2 billion in net inflows in the fourth quarter of 2024, a significant turnaround from £5.7bn of outflows a year prior. Despite this, abrdn stil

Economic and business conditions and expectations were weak at the end of 2024, leading to challenges to finding the pathway to growth in 2025, according to the Fraser of Allander Institute. Despite this, the institute's latest quarterly economic assessment reveals current expectations are that grow

The UK has come ahead of Germany, China, and India to become the second most attractive country for global investment, trailing only the US, according to PwC's annual UK CEO survey. This marks a significant leap from the UK's fourth-place ranking last year and is seen as a major endorsement of the c

Insolvency levels in Scotland remained broadly stable in 2024 compared to the previous year, with 1,236 cases recorded, virtually unchanged from 1,234 in 2023. December 2024 saw a 24% decrease in company insolvencies compared to the same month in 2023, with 82 registered cases. This comprised 52 vol

Macdonald Henderson has advised Glasgow-based financial advice firm Verum Wealth on its sale to UK national firm Foster Denovo. The addition of Verum Wealth marks FD’s seventh acquisition in just over a year and adds £87 million of assets under advice to its recently established Glasgow

A new report by Edinburgh-based digital assets platform Zumo has revealed a significant knowledge gap amongst crypto-asset service providers (CASPs) regarding the European Union's incoming Markets in Crypto-Assets (MiCA) regulation, specifically its sustainability requirements. The MiCA CASP Sustain

Shepherd Chartered Surveyors has appointed Gillian de Almeida as an associate property manager in its Glasgow office, strengthening its commercial property management team. An RICS Chartered Surveyor with over 20 years’ experience in the surveying profession, 16 of them with JLL in a variety o

A team of seven sanitation workers in Shandong province, eastern China, has been praised after they recovered a groom-to-be's wedding savings of 230,000 yuan (c. £26,000) from four tonnes of rubbish. The man had accidentally discarded a takeaway bag containing the cash, which he and his fianc&

Finance strategist Craig Alexander Rattray has published a new book to help business owners know their numbers better. Mr Rattray, a corporate finance and cash flow expert, says his new book will empower entrepreneurs to make informed decisions that improve their cash flows, increase profits, and bu

The Highland Council has launched a revamped InvestHighland website to showcase the region's investment potential and attract top talent.

Oakbank Community Inn Sandbank (OCIS), the committee behind the revival of the landmark village inn, has announced a community share offer. The offer will be launched this weekend with an event at the inn on Sunday 26 January (2PM to 4PM).

PwC UK has initiated a new round of redundancies, trimming its workforce and delaying promotions for some junior staff, in response to a slowdown in the professional services sector. The over 25,000-employee firm, which provides audit, consulting, and tax services, has offered voluntary redundancy t

The Scottish Event Campus (SEC) has appointed former Celtic Football Club CEO Dominic McKay as its new chief executive. Mr McKay is joining the SEC in May from European Professional Club Rugby (EPCR) in Switzerland where he is currently executive chairman.

Smart Data Foundry (SDF) has been awarded £3 million funding to operate a new financial data service, enabling more researchers to study the financial health of millions of households across the UK, by providing secure access to financial behaviours, economic resilience, and regional economic

Social enterprises and charities from across Stirling and beyond are being offered a chance to boost their progress towards net zero. An in-person event, hosted by Social Investment Scotland (SIS), will provide expert advice and connect organisations with potential funders.