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A new law which makes it easier for Scottish businesses to borrow against their moveable assets could help unlock more cross-border investment, a banking expert believes. The Moveable Transactions (Scotland) Act came into force on April 1, bringing Scotland’s lending legislation into alignment

Dr Brian Williamson, chief strategy officer at Kreoh, specialising in the application layer of AI, discusses the Research and Development (R&D) tax credit system.  Our role in society is to work with lawmakers, not against them. This principle is particularly relevant when it comes to the R

The UK economy demonstrated its strongest growth in a year during the first quarter, expanding by 0.7% and surpassing City forecasts. This unexpected upturn was significantly driven by businesses increasing investment and exports, reportedly to pre-empt the impact of anticipated US tariffs under Don

Organisations working to support vulnerable individuals across Scotland are being invited to apply for grant funding from a newly launched charitable foundation. Accountancy firm Henderson Loggie has established the Henderson Loggie Charitable Foundation to provide support to those most in need.

Inheritance Tax (IHT) receipts reached a record £8.2 billion in the 2024-25 tax year, up from £7.5bn previously, HMRC has revealed.

UK government borrowing has exceeded official forecasts in March and for the full 2024-2025 fiscal year, intensifying pressure on public finances amidst a challenging economic outlook compounded by US tariffs. Data released by the Office for National Statistics (ONS) revealed a shortfall between gov

Royal Bank of Scotland has chosen Children’s Hospices Across Scotland (CHAS) as its colleague charity partner for Scotland.

Heriot-Watt University has secured renewed backing, worth £1.25 million, from investment firm Baillie Gifford to significantly enhance programmes based at Panmure House – the final remaining home of economist Adam Smith. The 'Baillie Gifford Panmure House Partnership II Gift' aims to rev

An East Renfrewshire business has seen its turnover double after accessing support and signposting to £10,000 of grant funding from Business Gateway. Founded by Saffron Grant in 2009, Setting Out for Construction is a specialist civil engineering training organisation dedicated to increasing t

New regulations are now in force to protect lowest earning debtors, writes Ahsan Mustafa. An Earnings Arrestment Schedule is an effective method of diligence which puts the onus on a debtor’s employer to repay the debt through deducting the employee’s wages. Breach of an Earnings Arrestm

While much attention was focused on last week’s Spring Statement delivered by Rachel Reeves, most employers are preparing themselves for later this week when her plan to increase National Insurance Contributions (NIC), outlined in the Autumn Budget, comes into effect, writes Craig Rothnie. Whe

Economic and business conditions in early 2025 showed limited improvement, as firms across Scotland brace for upcoming cost pressures. This is according to the latest Economic Commentary from the Fraser of Allander Institute at the University of Strathclyde, which covers the latest data on the UK an

Despite the Conservatives branding it an ‘emergency budget’, the Spring Statement brought very few surprises and no further tax increases, writes Alan Stewart. It was a defensive statement from Chancellor Rachel Reeves, who set out to show the Labour party was ‘on the side of worki

The Financial Conduct Authority (FCA) has launched a new 5-year strategy to deepen trust, rebalance risk, support growth and improve lives.  The FCA will focus on four priorities: 

Ahead of next week's Spring Statement, Joe Nellis explores the Chancellor's dwindling fiscal headroom and potential policy responses, including changes to borrowing rules, tax rises, and spending cuts, in light of a deteriorating economic outlook. The Chancellor has had her fiscal headroom of an est