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Johnston Carmichael has revealed that its capital allowances team advised on £100 million of new distillery developments across Scotland over the past year. The accountancy and business advisory firm successfully identified capital allowances of between 40 per cent and 60 per cent for seven co

Land value taxation could help deliver Scotland’s land reform objectives and raise revenue in a more progressive way, according to a new report. With a total estimated value of around £5 trillion, or just over half of the total net worth of the UK, land is the most valuable asset in the

Tens of thousands of fraud victims are being denied justice because a computer algorithm dismisses four-fifths of reported cases. The Sunday Telegraph reports that 80 per cent of fraud incidents reported to the police in 2017-18 were rejected.

Royal Bank of Scotland has launched an investigation into allegations that there is a "culture of bullying" at the bank, The Herald reports. A whistleblower has alleged that staff working on "Project Amethyst" faced intimidation, threats and humiliation from two senior managers.

Partners at Grant Thornton saw their average distributable profit fall by eight per cent to £373,000 in the year ending June 2018, new figures reveal. Year-on-year revenues at the business and financial advisory firm fell by 1.8 per cent to £491 million, with post-tax profits of £7

Dozens of pairs of designer trainers seized from a convicted gangster are set to be auctioned to raise money for fighting crime.

Shares in Interserve more than halved this morning after the outsourcer revealed it was in negotiations with its lenders to deleverage its balance sheet. It emerged over the weekend that the company was holding talks with lenders over its £650 million debt pile.

Housing, care and property management group Wheatley has secured a ground-breaking investment of £76.5 million that will enable it to build hundreds of new affordable homes. The 25-year debt funding deal provided by Scottish Widows, through its partnership with the Bank of Scotland’s Rea

New principles to improve the corporate governance of large private companies have been developed by a coalition established by the Financial Reporting Council (FRC) under the leadership of building firm Wates Group. Launched today, the new code was drawn up by chairman James Wates CBE to provide a

An accountant has pleaded guilty to embezzling more than £125,000 from two companies. Natalie Taylor scammed £88,226 from Motherwell-based McCann Electrical Limited and, while wanted by police, secured another bookkeeping job where she pocketed a further £37,668, The Herald reports

Plans to launch a Scottish stock exchange next year have moved forward after the company behind the project, Bourse Scot Ltd, agreed a partnership with an established European stock market operator. Under a partnership with Euronext, one of the world's largest stock exchange operators, the proposed

Anderson Anderson & Brown (AAB) has secured a £4 million funding package from Barclays to support the firm as it seeks to expand its national and international footprint.

A luxury holiday lodge and bistro resort in Carse of Gowrie is set to expand after securing a £1 million finance package from HSBC.

Barclays has become the first UK high street bank to allow customers to "turn off" spending with certain types of retailers. The new feature in the Barclays mobile banking app has been designed with vulnerable customers in mind, particularly those with mental health issues, addictions, and those who

Stephen Oates, tax director at French Duncan, warns that business owners should take care that they don't make employees liable for additional tax and National Insurance by giving gifts at Christmas. HMRC has decided to make gifting as complex and thankless as possible to ensure that, regardless of