The Institute of Chartered Accountants of Scotland (ICAS) has raised concerns in response to the Chancellor's announcement proclaiming an immediate cap on the Civil Service headcount. The UK government decided to introduce cap on headcount at its current level will be introduced with immediate effec
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Ocean Winds, a 50-50 joint venture between EDP Renewables and ENGIE, has sold a 16.6% stake in the 950 MW Moray East Offshore Wind Farm to Equitix.
Accountancy firm Armstrong Watson, which operates in Scotland and across the North of England, has acquired financial services firm 3G Financial. 3G Financial is owned and operated by Charles Graves who decided to take a step back from advising after almost 16 years in business, and 45 years working
The Digital Xtra Fund, a charity fostering digital skills among the youth in Scotland, has announced its commitment of £110,000 to fund 26 tech and coding clubs.
Developers Hunter REIM and Ruby Hotels have welcomed the support of council officers for the planned £100 million regeneration of a segment of Edinburgh's Princes Street, specifically the 104-108 block, as the development's proposal goes before councillors this Wednesday.
Chivas Brothers, the Pernod Ricard business dedicated to Scotch Whisky, has unveiled plans for its first distillery on the isle of Islay. The new distillery marks the first time Chivas Brothers will introduce an Islay whisky to its Scotch portfolio, rounding out its offering of global malts and blen
Fife-based flooring contractor Advanced Traditional Screeding (ATS) has appointed Ross Andrew as its first commercial director. Mr Andrew steps up from his position as senior quantity surveyor to help lead the firm’s ongoing growth plans at its Rosyth headquarters.
UK accountancy group MHA has announced a merger with Aberdeen-based Meston Reid & Co. Meston Reid & Co provides a full complement of accountancy and business advisory services for clients primarily in the North-east of Scotland.
A global crypto scammer, who posed as a helping hand to investors, has successfully prosecuted by his victims, from whom he stole around £20,000 in bitcoin which would have been worth as much as £725,000 today. Doede Osman Khan, a 50-year-old resident of Staffordshire, presented himself
Scottish spirits producer William Grant & Sons has reported turnover of £1.72 billion and an after-tax profit of £331.3 million for the year concluding 31 December 2022. The reported figures signify a return to the pre-pandemic profit levels of 2019, overcoming the significant challe
Scotland’s sole commercial gold miner, Scotgold Resources, has placed the majority of its staff on unpaid leave "until further notice" as it continues to grapple with significant financial constraints.
Car dealership Arnold Clark has paid out £67 million worth of dividends to its family owners, a sum almost equivalent to the company’s furlough payments during the pandemic.
The organisation managing the St Andrews Old Course has experienced a financial turnaround with a return to pre-pandemic revenue levels, posting a profit of £3.7 million in 2022.
Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging busine
A new regulation has come into effect requiring Scotland’s 29,000 taxi and private hire drivers to undergo HM Revenue and Customs (HMRC) tax checks as a prerequisite for the renewal of their operating licences. The new measure aims to foster tax compliance within the taxi and private hire indu

