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The Consumer Prices Index has risen to 10.1% in the 12 months to July, the highest it has been since 1982. A 0.6% increase from 9.4% in June, now the highest level of inflation in 40 years, has surpassed economists' forecasts of 9.8%, worsening the cost of living crisis. Some experts speculate the B

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A public consultation is seeking views on formal debt recovery mechanisms (diligence) and statutory debt solutions such as moratorium protection, bankruptcy, protected trust deeds and the debt arrangement scheme. The consultation, running until 7 October 2022, forms part of a wide-ranging review ann

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Wylie & Bisset, accountants and business advisors, has been appointed as liquidator of Worksmart Contracts. Based in Kilmarnock with a 24-strong workforce, Worksmart is a commercial interior fit-out and refurbishment contractor for clients operating across a wide range of industrial sectors, inc

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Fewer than 20% of Scots homeowners paid over 83% of all house purchase tax according to analysis of the latest statistics by property firm DJ Alexander Ltd. The firm said that the latest Land and Buildings Transaction Tax (LBTT) data revealed that just 1790 (19.1% of the total) homebuyers paid &poun

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Michael Reid, managing partner, Meston Reid & Co, warns businesses to avoid using misleading advertisements. The Committee of Advertising Practice (CAP), the organisation that writes the advertising rules which are enforced by the Advertising Standards Authority, has issued an Enforcement Notic

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A Royal Bank of Scotland note dating from 1777, which is thought to be first tri-coloured note to be issued in Scotland, and possibly in Europe, will be sold by Mayfair-based auctioneers Noonans later this month in a sale of banknotes. The bank note, known as the 'Red Guinea', has been estimated at

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