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Dave Philp, head of R&D tax at accountants Chiene + Tait, discusses R&D tax relief and HMRC’s latest crack-down on fraudulent claims. R&D (Research and Development) Tax Relief, introduced in 2000, has made a significant impact encouraging innovative, research-led companies to inves

Sage Group has agreed to acquire Lockstep, a provider of cloud native technology that automates accounting workflows between companies.

Knight Property Group has secured Mermaid Subsea Services (UK) Ltd, part of Mermaid Group as its new office tenant for Pavilion 11 at Kingshill Park in Westhill, Aberdeenshire.

TSB Bank plc announced its 2022 half-year results reporting a £102.9 million statutory pre-tax profit for H1. TSB's statutory pre-tax £102.9m profit increased from £42.9m for the same period in 2021. This comes during an economically challenging time for many of its customers.

FRP Advisory partners Callum Carmichael and Chad Griffin have been appointed joint provisional liquidators of Dalkeith-based Terry Healy Group, an all-trades building and home improvements business. The provisional liquidation has been caused by unsustainable cash flow problems stemming fr

Scottish business confidence has fallen to a record low in June, but remains stronger than Europe, according to the latest Accenture / S&P Global UK Business Outlook. Whilst the findings come amid global economic uncertainty, a net balance of +17% more private sector firms forecast their ac

A new strategic advisory firm headquartered in Aberdeen has been formally launched today. True North, created in a partnership between Geoff Aberdein and Fergus Mutch, specialises in public policy insight, advocacy expertise and impactful communications strategies for a range of businesses and

YouGov polling for Age Scotland has revealed that 57% of Scottish adults are uncertain that they would have enough money in retirement. At the same time, 35% of respondents felt certain, and 9% didn’t know.

Michael Reid, managing partner at Meston Reid & Co, passes on advice on what to look for when things are not going well in business. Whilst it is easy to say that the lack of cash to finance ongoing trading is the main reason given for many business failures, a number of operational aspects begi

Scottish renewable energy company, Orbital, reached a significant operational funding milestone with financing from the Scottish National Investment Bank (SNIB).

NatWest has announced the launch of a new platform to assist UK businesses in managing fuel and running costs to promote greener growth. NatWest surveyed 250 businesses in May this year and found that more than 72% of businesses expect their business will face increased difficulty in light

Boutique hotel brand Resident Hotels has secured a £22 million loan with NatWest for the development of its first Edinburgh location.

LGT Wealth Management has announced the opening of its first office in Scotland, headed up by John Godfrey, formerly regional centre head and senior investment director at Barclays Wealth and Investment Management. Following the success of LGT Wealth Management’s first regional office in Brist

Finance Ministers across the UK met in Cardiff yesterday, with how to support people and businesses with soaring bills dominating discussion. The price of food, fuel, energy, clothes, travel costs and rent continue to go up as inflation rises. And OFGEM has warned energy bills are set to rise again

Asset and wealth management firm AssetCo has posted its 2022 half year report revealing revenues of £1.3 million. For the six months ended 31 March 2022, the firm announced a loss before taxation of £2.6m, compared to a profit of £22.3m for the same period in 2021, which AssetCo sa