With the latest inheritance tax (IHT) statistics showing revenues rising by nearly 10% over the last year it is time for a review of this tax according to DJ Alexander Ltd. The estate and letting agents firm said that an increase of £0.8 billion in IHT revenues between April 2024 and March 202
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A cutting-edge £2.5 million optical ground station, designed to secure next-generation communications against cyber threats, officially opened today (2nd May 2025) at Heriot-Watt University's Research Park in Edinburgh. The Quantum Communications Hub Optical Ground Station (named HOGS) represe
Artificial intelligence (AI) offers a significant opportunity for Chartered Accountants to deliver greater value and develop fulfilling careers, but realising its potential requires dedicated upskilling and proactive leadership, according to a landmark report by Chartered Accountants Worldwide (CAW)
Edinburgh-based Tweed Wealth Management taken over Glasgow-headquartered Capital Wealth Consultants (CWC). The deal, for an undisclosed sum, sees the Tweed Wealth Management grow to more than 28 staff across four locations.
Michelin Scotland Innovation Parc (MSIP) has welcomed a further 14 businesses to its accelerator programme. The MSIP Accelerator, which contributed £6.4 million to the national economy in the last three years, has already helped 41 businesses achieve success as a direct result of participating
Scotland's corporate insolvencies dipped by 3.1% in Q1 2024-2025 compared to the previous fiscal year, totalling 283. Despite this decrease, figures are still 17.9% higher than pre-pandemic levels.
Techscaler, the Scottish Government's tech startup support programme, and FinTech Scotland, the cluster body driving Scotland’s fintech innovation, have announced a strategic partnership poised to drive forward Scotland's fintech sector development. FinTech SMEs now employ more than 10,500 peo
Responsible finance provider Social Investment Scotland (SIS) is spearheading a new £62 million investment fund aimed at supporting small businesses in England and Wales, boosting local jobs and economic activity. Many small businesses access finance from socially motivated lenders such as Com
While economic momentum and employment growth will gradually build throughout the UK over the next three years, Scotland’s labour market is expected to continue to see challenges and lag other regions, according to the latest EY Regional Economic Forecast. The average employment growth rate in
Springfield Properties is "confident of meeting market expectations" for profitability and debt reduction for the full year to May, the housebuilder said today in its first-half trading update.
EY Scotland has welcomed the appointment of nine new partners, 150 promotions and 100 graduates and apprentices, as the firm announces record UK revenues of £3.8 billion in FY23. The partner appointments include seven internal promotions and two external hires, across Edinburgh and Glasgow, br
The third quarter of 2023 has seen continued momentum in Scotland’s major office markets in Glasgow and Edinburgh, despite prevailing economic pressures, according to the latest figures from real estate advisor CBRE.
Circularity Scotland has accounted for £4.5 million of the Scottish National Investment Bank's £17.8m unrealised loss, according to the bank's latest full year accounts. Just a little over two years since its inception, the bank has significantly influenced the Scottish economy by commit
The number of profit warnings issued by UK-listed companies in 2022 increased by 50% year-on-year, with record levels of warnings citing rising costs, according to EY-Parthenon’s latest Profit Warnings report.
The cost of doing business crisis remains the overriding concern for Scottish firms according to the latest Addleshaw Goddard Scottish Business Monitor report, which showed a glimmer of hope with overall business sentiment returning to positive territory after slipping into the red last year. Produc
