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WeDO Scotland has named Richard Simpson, joint managing director of Tayburn, one of Scotland’s longest-standing creative agencies, as its new chair, along with a further two new advisory board members. Mr Simpson takes over from Glasgow entrepreneur Gordon White, managing director of fatBuzz.

Whyte & Mackay, the whisky giant behind brands like Dalmore, Tamnavulin, and Jura, has reported a surge in pre-tax profits to £96 million in its latest accounts. Turnover also jumped to £370 million for the year ended 31 December 2023, up from £321m the previous year.

The average price of a property in Scotland has hit a record £200,000 in August 2024, a 5.4% year-on-year increase, according to the latest UK House Price Index data. In comparison, the UK average house price experienced a more modest annual increase of 2.8% – reaching £293,000.

The Royal College of Physicians and Surgeons of Glasgow has conferred Professor Mark Allison CA as an Honorary Fellow. A Chartered Accountant and internationally distinguished academic, it honours his services to the college and his outstanding contribution to accounting education.

Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a 14.2% rise in net turnover to £253 million and an 8% increase in pre-tax profits to £4m for the year ended 28 April 2024. In the last year, the family-owned business, acquired 12 new company stores

Kennedy Accountancy, a firm based in Auchtertyre, Lochalsh, has won two awards at the 2024 Accounting Excellence Awards. Winning not only the Small Firm of the Year for Scotland, North of England and Northern Ireland, it also won the coveted UK Small Firm of the Year (Grand Prix). The accolades were

An Aberdeen tax expert has warned that potential drastic changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT) as part of Labour’s Autumn Budget could stifle wealth creation and cost the Treasury more than it hopes to generate. The upcoming Budget on 30 October, the first of the new Lab

Eden Mill distillery has partnered with MiAlgae, a Scottish biotech firm and Earthshot Prize finalist, to repurpose whisky effluent, a by-product of distillation, to grow microalgae as a sustainable source of omega-3s.

Donald Trump has loaned nearly £5 million to his Scottish golf course last year as the company faced mounting losses. Trump International Golf Club Scotland, which operates an 18-hole resort in Aberdeenshire, received a £4.7m interest-free loan from DJT Holdings, the parent company owned

A new analysis from the Scottish Retail Consortium has suggested shops in Scotland could see a £13 million hike in their business rates bills from April. The latest ONS Consumer Price Index reveals that inflation stood at 1.7% last month. September’s inflation rate is what UK Ministers t

Glasgow-headquartered ZLX Business Solutions, which specialises in research and development (R&D) tax credits among other financial solutions, has appointed Francis Kiernan to its board in the newly-created non-executive director role. With a career spanning more than 30 years in energy and

UK inflation fell to 1.7% in September, dropping below the Bank of England's 2% target for the first time since April 2021. This was driven by lower fuel prices and base effects from an unusually strong September 2023. However, economists expect inflation to rebound in October as energy prices rise

The World Conker Championships is investigating an allegation of cheating after a contestant was found to have a steel chestnut. The men's winner at the annual competition in Northamptonshire was searched by organisers after his rival cried foul play, The Telegraph reports.

Grant Thornton UK has attracted interest from several private equity firms. Cinven, EQT, and New Mountain Capital (backer of Grant Thornton's US business) are reportedly shortlisted to acquire a stake in the firm. The deal could value Grant Thornton UK at over £1.5 billion.

A former walled garden within an historic estate with links to Robert Burns and Winston Churchill could soon be brought back to life as a private distillery.