First Minister John Swinney met with Prime Minister Keir Starmer in Edinburgh to push for increased public investment in the upcoming UK budget. Mr Swinney stressed the need for "investment in our public services and in our infrastructure to stimulate the growth that all of us want to see delivered
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Local debt, welfare and housing advice charity, CHAP, has just secured three years of funding from The Robertson Trust. This will enable CHAP to expand its current collaboration with North Ayrshire Council to deliver comprehensive financial education workshops in secondary schools. The money will al
Accountancy firm Wbg has advised shareholders planning on using business asset disposal relief (BADR) through a members voluntary liquidation (MVL) process to consider acting sooner rather than later as the likelihood of a bump in capital gains tax (CGT) rises. The advice follows figures from the Of
The Scottish Government’s Government Expenditure and Revenue (GERS) figures have shown that people in Scotland benefit from £2,417 more per head of additional spending compared to the UK average. In 2023-24, £88.5 billion in tax receipts was raised in Scotland through devolved and
The Competition and Markets Authority (CMA) has approved Nationwide Building Society's £2.9 billion acquisition of Virgin Money UK.
A team from wealth manager RBC Brewin Dolphin’s Edinburgh office has abseiled down the city’s famous Forth Rail Bridge to raise money for Scottish charity Harmeny Education Trust. The five participants, Judith Henderson, Audrey Mackie, Jill Somerville, Abigail Housley and Joss Mitchell,
Pippa Samphier discusses the need for tax reform as the Scottish Government reconsiders its progressive taxation policy and Labour proposes significant tax increases. Ahead of next week’s general election, there is a level of uncertainty amongst Scottish businesses, especially when it comes to
HMRC has failed to fine any enablers of offshore tax evasion in the five years since landmark powers were introduced to do so, an investigation has revealed. Despite UK government claims that the laws would "create a level playing field" and potentially raise millions in fines, figures obtained by T
A Johnston Carmichael partner has surpassed his £1,000 fundraising target for the ICAS Foundation by participating in the Edinburgh Half-Marathon. Graham Marjoribanks, who is also head of audit at Johnston Carmichael, is among a group of 25 Chartered Accountants (CAs) taking on a challenge to
One of Scotland’s audit professionals hopes to inspire colleagues to prioritise their wellbeing after having experienced the mental health benefits of training for a half-marathon. Leading a team of 240, Graham Marjoribanks, partner and head of audit at Johnston Carmichael, spoke abo
Several accountancy and financial services firms, including Big Four firms Deloitte and KPMG, have rescinded job offers to international students following the UK government's decision to raise the minimum salary thresholds for skilled worker visas. They are not the first and will not be the last, a
Public ownership in NatWest Group, owner of the Royal Bank of Scotland, has dipped below 27% for the first time since its bailout in 2008. The Treasury disclosed the sale of 0.98% of its shares, reducing its holding to 26.95%, as part of an ongoing trading plan.
Drax Group has announced it is investing £80 million in a major refurbishment of its Cruachan pumped storage hydro power station in Scotland – increasing its capacity and supporting UK energy security.
GlenWyvis distillery, the only community-owned distillery in Scotland, has announced another opportunity to buy shares in the venture. Located near Dingwall, the distillery aims to raise up to £2 million to allow it to increase production and to drive tourism to the local community.
Phlo has announced the close of a £9 million funding round, accessing additional investment for their group of businesses amid a challenging investor market.
