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Twenty-two of Scotland’s most promising technology startups have been selected for prestigious international programmes in Silicon Valley and Singapore this autumn. The initiative, part of the Scottish Government's Techscaler programme run by CodeBase, will connect founders with global investo

Chancellor Rachel Reeves should revisit abandoned proposals from the defunct Office of Tax Simplification (OTS) to simplify the UK’s complicated tax system and unlock greater yield – without further damaging business confidence or deterring investment – according to Azets. In light

UK CPI inflation has remained frozen at 3.4% in May, after the Office for National Statistics corrected April's 3.5% reading to 3.4%. Annual food inflation surged to 4.4% last month, a notable rise from 3.4% in April. This was spurred by the fastest-ever recorded increases in the price of sugar, jam

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

A lord ordinary has ruled that a waste management company is entitled to sue the Scottish Government over its decision to delay the coming into effect of the Deposit Return Scheme for Scotland. Biffa Waste Services Ltd, which committed around £51.4 million towards implementation of the DRS, so

The British Business Bank has provided financial support to 15,000 smaller businesses in Scotland, supporting 148,000 existing jobs and is expected to create 11,000 additional roles since it was established in 2014, cementing its position as a critical driver of growth and employment. The bank's The

Deloitte has announced the winners of the 2024 UK Technology Fast 50 awards, with two Scottish companies among the ranking, and a Glasgow company placing third in the CleanTech category. The awards recognise and rank the 50 fastest-growing technology companies in the UK based on average revenue grow

Burges Salmon partner Magnus Miller considers the differences between pensions law in Scotland and in England. With the enactment of the Trust and Succession (Scotland) Act 2024 earlier this year, it is a good time to remind ourselves of the differences between Scots law and English law as they appl

Graduates and young professionals were urged to "stay curious" as around 125 north-east businesspeople descended on Aberdeen’s Union Kirk for a night toasting the achievements of those working within the financial planning and insurance sectors. The evening, organised by the council of the Ins

Cracking down on insurance fraud remains a top priority for the industry as its latest figures reveal £1.1 billion worth of fraudulent claims were detected last year, up 4% on 2022, according to the Association of British Insurers (ABI). Insurers identified 84,400 fraudulent claims in 2023, 11

Bank of Scotland-owner Lloyds Bank has warned of a rising scam which has costing victims an estimated £6.6 million so far, where rogue retailers are using fake websites to trick people into purchasing items that are never dispatched. Tens of thousands of credit and debit card customers ha

Tax expert Stuart Petrie discusses the heightened scrutiny and increased enforcement efforts by HM Revenue and Customs (HMRC), emphasising the importance of taking any enquiries seriously, the methods used for tax recovery, and the benefits of voluntary disclosures to mitigate penalties and liabilit

Scotland has maintained its position as the second most attractive location for foreign direct investment (FDI) in the UK, after London, securing a record 124 projects in 2023. According to EY’s Scotland Attractiveness Survey, this represents a 12.7% increase from the previous year, significan

After a hiatus of two years, EIE24, the showcase event for the technology entrepreneurial ecosystem, has returned with a fresh look and feel. Over two days, some 100 investors from across the UK and beyond will converge to meet Scotland's most innovative technology companies seeking investor support

Lismore Real Estate Advisors has unveiled its comprehensive review of the Scottish investment market for the final quarter of 2023, shedding light on the economic and political challenges that defined the year. As we bid farewell to a tumultuous 2023, many in the investment market are eager for