News

JLL has announced eight promotions in Scotland, spanning various departments, including capital markets, industrial and logistics, office and real estate management services teams in Glasgow and Edinburgh. Janey Douglas has been promoted to senior director and will continue her role as head of susta

Wbg has strengthened its Glasgow office with the appointment of two new directors. Alison Webster joins the firm’s Business Advisory Services team while Peter Clark joins its Internal Audit team.

The iconic house featured in the 1990 classic Christmas film Home Alone has sold for $5.5 million (c. £4.5m) – $250,000 over asking price (c. £200,000). Located in Winnetka, a suburb of Chicago, the five-bedroom, six-bathroom property was listed in May 2024 for $5.25m and quickly r

Scotland's labour market shows resilience despite ongoing economic uncertainty, according to the latest figures for September to November 2024. The employment rate rose by 1% over the quarter to 74.1%, while the unemployment rate fell by 0.2% to 3.8%. Both figures are slightly below the UK averages.

This Thursday, the National Park Authority will bring together experts, local communities and landowners at its Balloch HQ to explore how Scotland can potentially harness green finance to deliver the large-scale environmental restoration critical to reversing biodiversity decline by 2030 and achievi

The Big Four accounting firms EY and PwC are projected to miss their 2025 targets for female partner representation in the UK. EY, with the most ambitious goal of a 40% female equity partnership, currently stands at only 28%. PwC is also lagging, three percentage points behind its 30% target. W

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