Mairi Prior has been promoted to finance director at SaxaVord Spaceport. The company this week announced changes to its leadership following the death of its CEO and co-founder, Frank Strang.
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Business owners are at risk of being fined for incorrect Capital Gains Tax payments due to an issue with HMRC’s software, a tax specialist has warned. John Kean, a private client tax partner based in the Edinburgh office of Azets, is urging business owners to review their tax returns for the l
Gilson Gray has appointed Claire McNaught as legal director in its Glasgow private client team. She brings extensive experience from senior roles at Blackadders LLP and Fulton’s Solicitors, with expertise spanning wills and trusts, estate administration, and tax and succession planning.
Scotland’s net fiscal balance has deteriorated, with the deficit growing to £22.7 billion, or 10.4% of GDP, in the 2023-24 financial year.
LGT Wealth Management has appointed experienced advisor Kirsty Thomson as a wealth planner in its Edinburgh office. Ms Thomson brings over 15 years of experience supporting high-net-worth individuals (HNWIs) since beginning her career as a solicitor in 2009; with particular expertise in retirement a
UK small and medium-sized enterprises (SMEs) are holding back on investment despite possessing significant cash reserves, according to Azets. Peter Gallanagh, UK CEO at Azets, says business owners are ready to spend pent-up capital but are “paralysed by fear” due to geopolitical uncertai
FinTech Scotland has announced that law firm CMS and international payments leader Mastercard have joined the Scottish Fintech Cluster as strategic partners – enhancing the cluster’s collective strengths. The new strategic partners bring additional world-class financial and professional
HM Revenue and Customs (HMRC) has confirmed it uses artificial intelligence to analyse taxpayers' social media posts as part of criminal investigations into tax evasion.
Scotland's sole charity dedicated to supporting victims of cybercrime and fraud has announced a significant impact in its inaugural year, recovering or preventing the loss of over £1.15 million for those affected. Launched in July 2024, The Cyber and Fraud Hub, working in close collaboration w
EY has been appointed as Revolut's new auditor, concluding the fintech's relationship with its former auditor BDO. The change is seen as a crucial step in the company’s prolonged effort to secure a full UK banking licence.
Plans have been lodged to transform a vacant Edinburgh office block into a 64-unit build-to-rent development, marking the latest step in the residential revival of the city's New Town.
Retailers are warning that UK government tax policies are driving up prices and threatening jobs, a new survey from the British Retail Consortium (BRC) has revealed.
Financial leader and arts advocate John Taylor has been appointed to the Board of Trustees for the Edinburgh International Festival. Formerly president of the Institute and Faculty of Actuaries, he brings a wealth of experience from senior roles at the Bank of England and as a governor of the Royal
A coalition of Scottish heritage and design organisations have been successful in buying the Bernat Klein Studio at auction.
STV Group has issued a profit warning, citing a "further deterioration" in both the television advertising and production commissioning markets. The Scottish broadcaster and producer announced that its full-year group revenue is now expected to be between £165 million and £180m, with an
