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An Irish property investment and development firm is in advanced discussions to purchase the Virgin Hotel in Glasgow.

Edinburgh-based Timberbush Tours is set to invest £2.5 million to enhance an upgrade its coach fleed and is seeking to recruit a new generation of driver-guides trained to tell ‘Scotland’s story’. The family-run business, which specialises in day and multi-day coach trips acr

Glasgow-based start-up Clyde Hydrogen Systems has achieved a critical technical breakthrough in its decoupled electrolysis process alongside launching its latest £5 million funding round designed to speed up the commercialisation of its innovative technology.  Backed by pre-seed funding f

The Highland Council has announced an extension to its public statutory consultation seeking views on the proposed introduction of a a Visitor Levy scheme across the Highlands.  The extension to the consultation, which began last month, will now give businesses, visitors and communities until 3

Shetland-based independent insurance broker TL Dallas continues to go from strength to strength after its acquisition of March Commercial six months ago, with the appointment of two new team members.  Rozan Leslie and Eilidh Blance have joined the team, bringing the number of employees at the f

Bruce Cartwright CA, CEO of the Institute of Chartered Accountants of Scotland (ICAS), has been appointed as new chair of the Global Accounting Alliance (GAA). Mr Cartwright succeeds former chair Barry Melancon, who is retiring at the end of 2024, and will officially take up the role from January 20

Johnston Carmichael has strengthened its audit governance team with the recruitment of two independent non-executive directors (INEs). Les Clifford and Michael Timar have more than 70 years’ experience working within the profession and are the first non-executive directors to be appointed by t

Among the SNP’s Scottish Budget proposals for the coming tax year, Finance Secretary Shona Robison announced increases to the income tax starter rate and basic rate thresholds, however these small tax savings do very little to ease the pain of fiscal drag for many. The starter rate threshold h

Ellon-based Phil Anderson Financial Services has opened a new office in Wilmslow, Cheshire, further expanding its England presence. The Wilmslow office marks another milestone in the firm’s growth journey, following the establishment of its Wetherby, Yorkshire office just over two years ago.

Julius Baer International (JBI), part of Swiss bank Julius Bär Group, has announced the opening of its second Scotland office in Glasgow, adding to its existing presence in Edinburgh. The office will be located at 1 West Regent Street, and the move is part of JBI’s regional expansion stra

SSEN Transmission has unveiled plans to deliver at least £22 billion in mission-critical grid infrastructure, supporting up to 17,500 jobs in Scotland and adding up to £7bn of value to the Scottish economy.

The owners of the five-star Inverlochy Castle have acquired Knockendarroch Hotel in Pitlochry for an undisclosed sum. The award-winning luxury Knockendarroch Hotel is nestled in the heart in the Perthshire countryside, with 18 bedrooms and a popular 2 AA Rosette restaurant.

Former banker Lord Mervyn Davies has been appointed chair of Edinburgh-based Shot Scope. Mervyn Davies, Lord Davies of Abersoch, was formerly chief executive and chairman of Standard Chartered and awarded a CBE in 2002 for his services to the financial sector. He is currently chair of the Lawn Tenni

The Financial Conduct Authority (FCA) has cautioned MPs against a "race to the bottom" in the pursuit of economic growth. FCA CEO Nikhil Rathi and chairman Ashley Alder addressed the Treasury Committee, emphasising the need for a balanced approach that considers consumer protection and market integr

HMRC has come under fire over accusations of overlooking widespread tax evasion by Chinese "burner" companies operating on online marketplaces like Amazon, eBay, and Temu. These companies have been said to exploit lax UK registration rules to avoid paying VAT and import taxes, costing the Treasury m