Inheritance Tax (IHT) receipts reached a record £8.2 billion in the 2024-25 tax year, up from £7.5bn previously, HMRC has revealed.
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SME property lending specialist Assetz Capital has provided a £1.94 million funding package for a new industrial estate in the Cairngorms. The funding will facilitate the creation of high-quality light industrial units that address a growing demand in one of Scotland’s most popular touri
Plans to reward people who report corporate crime within their own organisation are to be taken forward by the UK’s Serious Fraud Office (SFO) over the next year, writes Tom Stocker. In its latest annual business plan the SFO lists “progress whistleblower incentivisation reform” as
Jen McCormick has been appointed as a partner at Ashurst. One of 20 new partners, Ms McCormick, who is based in Glasgow, is the regional head of the firm's advance solutions practice for EMEA and the US. She is a finance lawyer by background with experience in banking, restructuring and insolvency.
Ahead of World Intellectual Property Day, Alastair explores Smith the crucial significance of intellectual property rights in protecting the creative work and ensuring the commercial success of musicians and composers. It is arguably the most iconic movie signature tune of all time, recognisable fro
Property consultancy Galbraith has made 22 staff promotions across its 13 offices in Scotland and the north of England. The promotions include a new role as head of people and culture as well as two people moving up to become directors, three to senior associate, and two to associate.
Strathclyde Partnership for Transport (SPT) has enlisted the services of Mott MacDonald to help make the case for investment for Clyde Metro.
Aberdeen, the global asset manager, reveals President Trump’s current term is the only first 100 days where the S&P 500, Dow Jones and FTSE World have all fallen. Aberdeen looked back to 1993, when Bill Clinton won the election with his now famous “It’s the economy, stupid!&rdq
The former premises of a seafood firm in Buckie, which closed in 2022, has been brought back to life as a state-of-the-art shellfish processing facility. Over the next three years, the project is expected to generate nearly £1 million in turnover and create 12 new jobs.
A man who paid £20,000 for a replacement car discovered he had inadvertently repurchased his own stolen vehicle. Ewan Valentine, 36, from Solihull, had his black Honda Civic Type-R stolen from his drive in February.
Glasgow-headquartered engineering firm Weir Group has announced strong operating results for the first quarter of 2025, highlighted by a 5% year-on-year increase in equipment orders and an improved book-to-bill ratio of 1.11. The mining solutions specialist experienced robust demand for its original
In March 2025, there were 118 company insolvencies registered in Scotland, 3% higher than the number in March 2024. The total number of company insolvencies was comprised of 55 CVLs, 57 compulsory liquidations and six administrations. There were no CVAs or receivership appointments.
Annual statistics for the financial year 2024-2025 show a slight increase in corporate insolvencies in Scotland, contrasted by a notable decrease in personal insolvencies. There were 1,175 corporate insolvencies recorded, representing a marginal 0.6% rise from the previous year (1,168) and a 3.8% in
Financial distress among Scottish businesses rose significantly in the first quarter of 2025 compared to the previous year, though figures showed a slight improvement from the end of 2024, according Begbies Traynor. The Red Flag Alert data for Q1 2025, which provides a quarterly snapshot of the UK's
Karen Scholes CA has been appointed as the new President of Institute of Chartered Accountants of Scotland (ICAS) for 2025/26, becoming the sixth woman to hold the role in ICAS’ 171-year history. Ms Scholes is the partner director of Scholes CA, an independent accountancy firm with a strong fo