Chancellor Rachel Reeves' Spring Statement has drawn mixed responses from tax and business experts, highlighting both welcomed measures and lingering concerns. Chris Campbell, head of tax at ICAS, highlighted the delayed implementation of Making Tax Digital (MTD) for Income Tax for those with income
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Administrators overseeing the liquidation of Perthshire-based Hadden Construction Limited have revealed that unsecured creditors, owed millions, are unlikely to receive any funds. The company, which entered administration last September, resulting in 67 job losses, has amassed debts exceeding £
Property taxes in Scotland raised £686.5 million in the last year according to analysis of the latest statistics by DJ Alexander. The property firm said that Scottish Government revenues from Land and Buildings Transaction Tax (LBTT) increased by 17.6% over the previous 12 months.
Both lenders and borrowers should familiarise themselves with the upcoming changes to the law governing assignation and security over moveable property in Scotland which the Moveable Transactions (Scotland) Act 2023 (MTSA) will bring into effect from 1 April, writes Shonagh Brown. Historically, this
The financial woes at notable Scottish universities are making headlines. Faced with rising costs, including staff pension provisions and salaries and new immigration rules (responsible in part for reduced income streams), decision makers at the University of Edinburgh and University of Dundee face
A Los Angeles-based animation and visualisation company has announced plans to invest £28 million in a new Glasgow studio, creating up to 250 jobs over the next three years. Founded in 2003, Halon Entertainment – renowned for its work on blockbuster films like Planet of the Apes and Miss
Inverness Caledonian Thistle's (ICT) former chairman and investor Alan Savage has tabled an £800,000 bid for a complete takeover of the football club. This move comes after the club entered administration last October due to significant debts, with administrators recently highlighting a "signi
A game-changing aerospace technology firm has secured a £500,000 investment to accelerate its mission of revolutionising space launch guidance systems. Backed by Kelvin Capital, Gabriel and Scottish Enterprise, Edinburgh-based Aurora Avionics is now looking to use the fresh injection of funds
Edinburgh Airport has announced a new seasonal route to Montreal, operated by Air Canada.
SSE plc has named Martin Pibworth as its next chief executive, succeeding Alistair Phillips-Davies. Mr Pibworth, currently SSE's chief commercial officer and a board member since 2017, will formally assume the CEO role after the company's annual general meeting (AGM) on 17 July 2025. He joined SSE i
Blackstone has reached an agreement to acquire a 22% minority stake in AGS Airports from AviAlliance for £235 million.
The Financial Conduct Authority (FCA) has revealed plans to significantly expand its regional presence, aiming to double the headcount across its Edinburgh and Leeds operations to over 1,000 staff within five years. This expansion supports the regulator's new five-year strategy focused on deepening
A thief caught stealing hundreds of Cadbury Creme Eggs has been banned from Cambridgeshire. Deon De Groot, 26, must stay out of the county for three months after being found guilty of taking over £200 worth of the chocolate snack from a supermarket.
CT has announced two significant appointments within its award-winning tax team. Kerry Annand has been promoted to head of VAT. Having joined CT as a trainee 12 years ago, Ms Annand possesses extensive specialist knowledge across the full VAT spectrum.
Growth capital investor BGF has appointed Rory McPherson CA as an investor in its Scotland and Northern Ireland team, following a strong year of activity in 2024 which saw six new investments and three successful exits. Mr McPherson brings significant experience in Scotland's M&A market. He join