News

Scotland’s labour market is presenting a picture of resilience and strain as 2025 draws to a close, showing simultaneous increases in both employment and unemployment, alongside a decrease in economic inactivity, according to the latest Office for National Statistics (ONS) data. While employme

Aberdeen Investments has expanded its residential portfolio with two real estate acquisitions in Tokyo. This expansion comprises WORVE Yokohama Isezakicho, a newly completed build-to-rent property, alongside a portfolio of 29 residential properties across some of Tokyo’s most sought after dist

Historic Environment Scotland (HES) must put strong controls in place to prevent fraud and ensure value for money after unacceptable weaknesses were found in its governance, Scotland's Auditor General has said. The audit of HES’s 2024/25 accounts reported weaknesses in governance arrangements,

Grant Thornton International Ltd has posted global revenues of $8.5 billion (c. £6.3bn) for the financial year ended 30 September 2025. This figure represents a 6.1% growth in constant currency (5.9% in USD) compared to the previous year.

Apprenticeship funding was top of the agenda for ACCA in a recent priorities letter to the Cabinet Secretary for Finance. Ahead of the Scottish Budget in January 2026, ACCA, which has 11,000 members and students in Scotland employs over 600 at its global operations centre in Glasgow, has outlined it

Longtime housebuilding executive Tom Nicholson has been appointed as chief executive officer of Cala Group. Effective December 15, Tom succeeds Kevin Whitaker, who has served as CEO since 2018. Tom will continue to serve on the board in addition to his role as CEO.

A highly experienced finance professional has joined Bield as director of finance and business services. Barry Allan takes on a wide-ranging strategic leadership role spanning finance, performance, governance and business planning as the organisation continues its ambitious journey to enhance indepe

The Institute of Chartered Accountants of Scotland (ICAS) has accredited Wrexham University/Prifysgol Wrecsam with two BSc accounting and finance degrees, marking the first time a Welsh higher education provider has been formally recognised by the world’s oldest professional body. The accredit

Link Group has once again secured a long-term “A with a stable outlook” rating from Standard & Poor's (S&P) Global Ratings, a significant mark of confidence in the group’s financial health and its commitment to social housing across Scotland. The latest report underscores L

Beeks Financial Cloud Group PLC has entered into a strategic agreement with nuam, the regional holding company that integrates the stock exchanges of Santiago, Colombia, and Lima. Under this agreement, Beeks will deliver its flagship infrastructure service Exchange Cloud to enable nuam to onboard bo

A lawyer who woke up handcuffed with $75,000 (c. £56,000) in debt is suing a Las Vegas casino for allowing him to gamble while incapacitated. Tax attorney Michael Duke Thomson, 64, claims he cannot remember racking up the astronomical bill in the Aria Resort & Casino, The Independent

Cryptocurrencies will be regulated similarly to traditional financial products under new legislation set to come into force in 2027. The Treasury is currently drafting rules that will bring the sector under the strict oversight of the Financial Conduct Authority (FCA).

The UK’s accounting regulator, the Financial Reporting Council (FRC), has opened an investigation into EY regarding its 2024 audit of energy giant Shell. This marks the third instance this year that the Big Four firm has been targeted regarding potentially unauthorised auditors signing off on

Aberdeen Investments has agreed to acquire the management of closed-end fund (CEF) assets totalling £1.5 billion from MFS. The deal reinforces Aberdeen’s position as the fifth-largest CEF manager globally, raising its managed assets in the sector to over £21.4bn.

Katie McLachlan of Middlebrooks Business Recovery and Advice has been formally appointed as liquidator for the Kirkcaldy-based accountancy firm, Fife Business Services Limited. The director, Catherine Maciocia, made the difficult decision to close the business on 26 November 2025, resulting in the r