With one week to go until the Autumn Budget, and the anticipated publication of the Government’s business tax roadmap, companies in Scotland are calling for more certainty on taxes to help stimulate growth. According to the latest research from accountancy and business advisory firm, BDO LLP,
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Johnnie Walker Princes Street, Diageo's immersive whisky experience in Edinburgh, has welcomed over one million visitors from 141 countries since opening in 2021.
Handelsbanken has strengthened its position in Edinburgh with a move to new branch premises in the city’s west end. This supports the bank’s continued growth in the city, and follows recent appointments bolstering the team’s presence.
James Stephen, Malcolm Cohen and Shane Crooks of BDO have been appointed joint administrators of Inverness Caledonian Thistle Football Club. Mr Cohen and Mr Crooks were previously involved in the liquidation of Rangers in 2012.
As we approach the Autumn Budget, the energy sector faces significant challenges, and the stakes for the North Sea industry have never been higher, writes Mark Brown. Recent developments surrounding the UK government's fiscal policies, particularly the Energy Profits Levy (EPL), have stirred deep co
Jennifer Andrew discusses the handling of concurrent insolvency processes in different jurisdictions following a recent Scottish case ruling. A recent decision of the Court of Session has found that a Scottish administration can be declared as ancillary to an insolvency process in another jurisdicti
Young Spirits, an Edinburgh-based spirits bottling and brands business, has appointed its former director of operations, Barbara Russell Scott, to the post of managing director. She will now lead the senior management team in driving a programme of growth for the five-year-old business, building on
Glasgow-headquartered Macfarlane Group PLC, distributor of protective packaging, has appointed Joost Meijs to the new role of managing director, Macfarlane Packaging Distribution, Europe, as the company strengthens its presence in the European protective packaging market. In recent years the company
Amazon has invested over £3.5 billion in Scotland since 2010, generating an estimated £3bn for the Scottish economy, according its latest Economic Impact Report. The figures are taken from the latest Amazon Economic Impact Hub, which details the investments made by Amazon across the UK s
Deloitte has quietly dismissed approximately 250 employees in the UK, representing 1% of its workforce. This marks the third round of redundancies in 13 months for the Big Four firm. The cuts, which were not formally announced, targeted underperforming staff across its advisory divisions and follow
Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.
Corporate insolvencies in Scotland have risen by 10.6% in Q2 2024-25 (July to September) compared to the same period last year, reaching 313. This increase is primarily driven by Creditors' Voluntary Liquidations, suggesting businesses are struggling despite recent economic growth. Personal insolven
Actor Steven Seagal has been given land by authorities in Russia to build an International Centre for Martial Arts. The Gorki Holding Co, in which Seagal has a 26% stake, received a huge plot of land in the prestigious Rublevka area near Moscow, according to Russian news outlet Baza. Authorities in
Nationwide Building Society has increased its interest-free green loan offering from £15,000 to £20,000 to encourage homeowners to make energy-efficient improvements. The 0% Green Additional Borrowing products, available to existing Nationwide mortgage customers, need to be spent on impr
Rettie has hired Daniel Cohen as an associate director from Nicol Estate Agents, as the property firm looks to further strengthen its leadership team in the Southside of Glasgow. Mr Cohen will be based at Rettie’s Newton Mearns office, working closely with area director Kay Blair who joined fr