News

Quarterly investment volumes into Scottish commercial real estate reached £460 million in Q1 2022, up from £380m a year ago, according to Colliers’ latest Scottish Snapshot. According to Colliers, at £140m, retail investment accounted for 30% of all activity by value.

More than half (53%) of professionals in Scotland would be tempted to move to a company which offers a four-day week, according to the latest Quarterly Insights Survey from recruitment firm Hays Scotland. The survey found that 32% of professionals believe this will become a reality within two to fiv

Almost three quarters (74%) of pension schemes have net-zero plans in place, or will do within the next two years, a Pensions and Lifetime Savings Association (PLSA) survey has found. The survey comes as the pensions industry meets this week in Edinburgh for the first time since the pandemic-imposed

Dundee-based engineering consultancy firm Mabbett & Associates has added a new regional office located within the Horizon Scotland Business and Innovation Centre in Forres. The move follows the firm acquisition of GH Johnston Building Consultants Ltd (GHJ) in February.

Scottish telecoms technology company Calnex Solutions has seen revenue growth of 23% to £22.0m in the twelve months to the end of March. The firm has posted its full-year results, revealing an 18% growth in adjusted profit before tax with figures reaching £6 million.

Three drunken tourists who trespassed into a bear enclosure in Alaska have been jailed. The men were sentenced last week for the incident in 2018 which saw them wade into the Brooks River at the Katmai National Park and interrupt the salmon-loving bears' dinner.

Glenfiddich Distillery has raised more than £150,000 for the people of Ukraine after auctioning a release of 460 rare bottles. The distillery partnered with Perth-based Whisky Auctioneer to offer the full 460-bottle allocation of “The Cooper’s Cask” Spirit of Speyside Edition

A global firm managing $640 billion in assets has distanced itself from its head of responsible investing after he appeared to shrug off the impact of climate change. Stuart Kirk, global head of responsible investing at HSBC Asset Management, told a Financial Times event: "Who cares if Miami is six

Proposed changes to the UK's financial reporting rules following Brexit have been published by the Financial Reporting Council (FRC). The FRC issued the FRED 80 draft amendments on Friday, which propose to update the application guidance to FRS 100 to reflect changes to company law and decisions on

A ground-breaking study into the accountancy profession in Africa reveals 55% of accountants are optimistic about Africa’s economic prospects, but skill shortages, especially in the areas of technology and strategy are a major concern for respondents. ACCA (the Association of Chartered Certifi

Edinburgh-based digital postage company Stamp Free Limited has raised £600,000 in an oversubscribed funding round. The company raised the funds at a pre-investment valuation of £4 million, double the £2 million pre-investment valuation of its seed one funding round in September 202

Social Enterprise Scotland has announced that Professor Ian Welsh OBE will chair a transition group to oversee the move to a single body to represent the country’s social enterprises. Professor Welsh was chief executive of the Health and Social Care Alliance Scotland for 12 years and has serve

The Scottish National Investment Bank (SNIB) has underperformed because it is too "unfocused" and the Scottish government should "hit the reset button", a report published by a centre-right think tank has said. A new report produced for Reform Scotland by Professor Ross Brown, professor in entrepren

Inverness-based investment group GEG Capital Ltd has acquired Highland construction company WGC (Scotland) Ltd. Following the acquisition, which will see WGC continue as a standalone entity within the group, GEG Capital will support the existing management team to target growth in the social housing

Wealth fund managers who align investment strategies to green and sustainable stocks are highly-prized recruits in a restricted Scottish employment market, according to a new report. Core-Asset Consulting's sixth annual salary guide into Scotland's financial service sector suggests the generational