Significant change to the Land Reform (Scotland) Bill is needed if the Scottish government’s policy objectives for land reform are to be met, according to Holyrood’s Net Zero, Energy & Transport Committee. Although the majority of committee members support the general principles of t
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EY is restructuring its UK legal arm, leading to redundancies and a scaling back of its legal sector ambitions. In a brief conference call, partners informed staff of the overhaul and redundancy consultation, affecting approximately 30 of the firm's 160 UK legal employees. Some roles will be relocat
An innovative blood drive is offering free cannabis in exchange for donations. The latest in a series of "Bleed for Weed" events is taking place this weekend in Rockford, Illinois, where cannabis is legal for both medicinal and recreational use.
Nairn's Oatcakes has reported a pre-tax profit increase to £4.2 million for the year ending 18 May 2024, up from £3.5m the previous year.
Glasgow-based construction firm City Building, a joint venture between Glasgow City Council and Wheatley Group, has reported a £16 million loss amid rising costs and unforeseen operational expenses. The figure in its latest annual accounts for the year ending March 31, 2023, follows
Scottish charities are being cautioned about the potential pitfalls of expanding revenue-raising activities, with a senior lawyer warning of unintended tax implications and regulatory breaches. Amid rising costs, including National Insurance contributions, tightening public sector funding and a down
A new action plan, designed to boost business growth and innovation, has been unveiled for Edinburgh and South East Scotland. Developed collaboratively by Innovate UK, Edinburgh and South East Scotland City Region, and Scottish Enterprise, the plan aims to build a strong, resilient and investment-at
Scottish businesses are losing millions due to mismanagement of international VAT and Customs Duty rules, a tax expert has warned. Veronica Donnelly, head of VAT in Scotland with Azets says that whilst many businesses have knowledge of their obligations, the vast majority do not fully understand the
Sutherland-based distillers, bottlers and blenders The Thompson Brothers has launched a £1.8 million crowdfunding campaign to help fund the construction of a cutting-edge sustainable distillery located in Dornoch.
The UK government has initiated a public consultation to develop a new tax mechanism aimed at providing a predictable fiscal response to future oil and gas price shocks, writes Jake Landman. The consultation is part of the government’s broader strategy regarding the future of the North Sea. It
A Washington, D.C., homeowner has taken an unconventional approach to selling his home by including photos of a Lego replica in the listing.
Stirling will have the fastest-growing economy in Scotland over the next three years – and be among the top four for growth in the UK – according to new research from Ernst & Young (E&Y).
Ahead of next week's Spring Statement, Joe Nellis explores the Chancellor's dwindling fiscal headroom and potential policy responses, including changes to borrowing rules, tax rises, and spending cuts, in light of a deteriorating economic outlook. The Chancellor has had her fiscal headroom of an est
The Scottish women-led angel investment group, Mint Ventures, has welcome seasoned entrepreneur and business leader, Jamie Landale, as a non-executive director. Mr Landale, from Crieff, is the founder of The Crieff Food Company and Wilde Thyme Ltd and drove both companies to industry acclaim before
More than half of the £300 million pledged at the start of the Tay Cities Region Deal (TCRD) has been successfully distributed to projects across the region. As the deal marks its half-way milestone, the figures are revealed in the 2023/2024 Annual Report published today.