News

Commercial real estate advisor Avison Young has promoted Kerry Maguire to head of valuation Scotland, based in the firm’s Glasgow office, coinciding with the arrival of four new hires working across its valuation, building and project consultancy and planning teams.

Lloyds Banking Group has announced a fresh £1.8 billion share buyback after a robust performance in the 2025 financial year, where pre-tax profits jumped 12% to £6.7bn. The banking giant surpassed internal expectations of £6.4bn, demonstrating resilience despite the Bank of England

Lismore Real Estate Advisors (Lismore) has advised on the £10.65 million sale of George House, one of Glasgow’s most prominent multi-let buildings. 

DataVita’s site in North Lanarkshire has been designated a UK AI Growth Zone, unlocking £8.2 billion private investment for the region – one of the largest technology commitments in Scottish history. The project brings together three integrated components: 500MW of AI-ready data ce

KPMG UK/Swiss Group has reported revenue of £3.6 billion for the year ended 30 September 2025, marking its first set of financial results since the merger of the two businesses in October 2024. The Big Four firm achieved overall sales growth of 2% and a significant 14% rise in pre-tax profit t

Scottish Enterprise has appointed Nicola Anderson as its new director of scaling innovation. Ms Anderson will lead Scottish Enterprise’s Scaling Innovation Mission, focused on helping ambitious Scottish companies grow faster and translate cutting-edge research and development into globally com

Scotland again experienced dramatic increases in business distress in the last three months of 2025, well ahead of UK averages, according to Begbies Traynor The business rescue and recovery firm's latest Red Flag Alert data, released every three months, shows the most serious ‘critical’

A Glasgow restaurant famous for its links to the artistic and cultural community of the city’s west-end, and in particular Scottish author and artist Alasdair Gray, could soon become a listed building, as Historic Environment Scotland (HES) today launched a public consultation on a proposal to

BrewDog’s distilling arm, BrewDog Distilling Co, has revealed it will cease spirit production at its Ellon base in Aberdeenshire in the coming months. The company is set to discontinue its major spirit brands, including Lonewolf Gin, Abstrakt Vodka, Duo Rum, Casa Rayos Tequila, and Ron Bodega.

Plans have emerged for a major new hotel development at one of Glasgow’s most prominent city‑centre locations. A proposal is being marketed that could deliver around 170 bedrooms on a landmark site at the junction of Argyle Street and Jamaica Street – described as one of the city&rsquo

Business confidence in Scotland has dropped to its lowest level since 2022, amid ongoing uncertainty and waning economic growth, according to ICAEW. Sentiment tracked by ICAEW’s Business Confidence Monitor (BCM) for Q4 2025 found that confidence in the country had decreased for the sixth conse

The Scottish Chambers of Commerce (SCC) has announced three senior appointments to its board of directors, strengthening its leadership team ahead of a critical year for Scotland’s businesses. Travel and tourism chief Jacqueline Dobson, president of Barrhead Travel and Internova Travel Group&r

Broker Insights, the Dundee-based insurtech that is transforming the way brokers place commercial insurance policies, has marked another first with the latest version of its platform. Broker Insights’ VISION platform now uses AI and data insights to help brokers identify businesses with gaps i

Scotland’s onshore GDP grew by 0.3% in the three months to November 2025, unchanged from growth of 0.3% in the three months to October 2025, according to statistics announced by the Chief Statistician. In the three months to November, the largest positive contribution to headline GDP growth wa

Chartered surveying firm DM Hall has appointed a new partner effective from 1 January 2026. Charlie Barrett, who operates within the firm’s Edinburgh Residential team, has accepted an invitation to join the DM Hall Partnership.