Scottish law firm Anderson Strathern's corporate investment team has reported a record first quarter in 2023, with a 58.8% increase in client investments compared to the same period in 2022. The number of deals completed more than tripled, partly due to increased instructions from existing and new c
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“Baffling” VAT food and drink rules which see milkshake powders taxed differently according to their flavour should be reformed, says the Association of Taxation Technicians, as the tax celebrates its 50th anniversary on Saturday. Chocolate flavoured powders attract zero VAT while strawb
The new Finance Bill published yesterday introduces three new taxes, taking the total number of taxes introduced this century to 24. Apart from two one-off levies, and the Health and Social Care Levy (which was repealed before it came into effect, and is not included in the total above), none of the
Revenue from property taxes in Scotland has collapsed this year according to analysis of the latest statistics by property firm DJ Alexander Ltd. The firm said that income from the Land and Buildings Transaction Tax (LBTT) on residential sales collapsed at the start of the year with the first two mo
Allianz has teamed up with actor Christoph Waltz to help people better prepare for their financial future through its new “Start Making Cents” social media series. The six-part social media series shows Waltz performing seemingly random actions, which just so happen to be visual, easy-to
Despite the largest interest rate rise in a generation, middle market businesses are demonstrating remarkable resilience, investing in people and productivity to rebuild profit margins, RSM’s latest Middle Market Business Index (MMBI) has shown. The MMBI has risen to 131.4 in Q1, an incre
CodeBase, along with partners Legal Geek, the global community of legal professionals, have been awarded £3 million in the form of the Ministry of Justice's (MoJ) Lawtech grant.
Advanta Solutions has acquired M W Wealth Management Ltd, a Hertford based advice firm for an undisclosed sum. With offices in London, Glasgow, and Dundee, this is Advanta’s sixth acquisition in the last 18 months and adds a further £65 million AUM to Advanta’s stewardship.
With Scotland and the rest of the UK continually missing housebuilding targets, Fraser Mitchell, partner in Shepherd and Wedderburn's Property and Infrastructure team, asks: what are the roadblocks to building?
Morgan Stanley has announced a doubling of the size of its Inclusive Ventures Lab (MSIVL), an accelerator programme that invests in and works closely with start-ups led by women and ethnically diverse founders.
Two Scottish companies have joined the British Business Bank's Future Fund, revealed by the published list of 53 additional companies in which the bank holds an equity stake, taking the total to 515 as at end of December 2022. Companies in which Future Fund is now a shareholder include Edinburgh-bas
Last year some of Scotland's most promising businesses received £705 million of venture capital (VC) investment, the largest amount on record, according to KPMG’s latest Venture Pulse Survey.
Business confidence in Scotland has fallen to its lowest recorded point for 14 years, according to a survey of chartered accountants published today.
River Clyde Homes (RCH) has secured a £38m loan facility from Nationwide Building Society to support its plans for a regeneration programme to futureproof its properties and make them more sustainable and energy efficient. The Nationwide Building Society funding package is made up of £10
Converge, a company creation initiative for Scotland’s universities and research institutes, has opened this year's challenges — dispelling the myth that you need to call yourself an “entrepreneur” to set up a business. The initiative – which helps staff, students, and
