The number of business start-ups recorded in Scotland during the fourth quarter of 2015 (2,488) was down by nearly 17 percent on the previous quarter (2,990) and 2 per cent behind the same quarter last year (2,539), according to latest data from the Committee of Scottish Bankers. Figures for the fou
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Lin Homer Lin Homer is to stand down as HM Revenue and Customs chief executive in April after four years in the role.
Scheme set up for executives and players of former Rangers Football Club was ‘subject to income tax’
Lord Justice Clerk, Lord Carloway A scheme involving payments to various trusts set up in respect of executives and footballers employed by the former Rangers Football Club amounted to “a mere redirection of emoluments or earnings” and was accordingly “subject to income tax”.
Five stores a week closed across some of Scotland’s largest towns and cities in the first six months of 2015, according to latest research from PwC. According to the analysis, 121 stores owned by multiple retailers shut-up-shop, with only 95 opening – a net reduction of 26 stores.
Glasgow City Council has committed itself to building 25,000 new homes in the city over the next decade. To be delivered in partnership with the public and private sectors, the announcement forms part of the council’s People Make Glasgow Home housing strategy.
Scottish output growth is being fuelled by a combination of capital investment - particularly infrastructure spending - and consumer spending, according to the latest Economic Commentary from the University of Strathclyde’s Fraser of Allander Institute. It outlined forecast for GDP growth at 2.5 p
Dundee energy contractor Sustainable Energy Scotland (SES) has called in administrators after mounting debt and market volatility. Managing director Callum Milne told The Courier that the voluntary step to bring in Begbies Traynor, which has resulted in the loss of 40 jobs, had been taken with “re
Andrew Fraser, head of research, financials and fixed income at abrdn, discusses how banks could direct their lending to reverse climate change. “They talk, but they don’t do,” this is how the Queen expressed her frustration with world leaders on the eve of COP26. The same accusati
Scottish-headquartered energy and infrastructure heavyweight Global Energy Group (GEG) has announced a robust set of year-end financials, with revenue climbing to £330 million from £253m the previous year. The Inverness-based group, which recently underwent a major rebranding and strateg
UK fintech startup Ipagoo has been bought up after it entered administration last month. Anglo-Dutch investors Chairman Financial said it has an exclusivity agreement to purchase 100 per cent of the company, in addition to certain assets of its parent company, Orwell Group Holdings.
The Ben Nevis Distillery, which stands at the base of Ben Nevis, saw its pre-tax profits reach £102,617, compared to a loss of £273,202 in 2020. The whisky producer has seen its turnover rise to £7.2 million in 2021, compared to £6.2m in 2020.
Scottish Borders Housing Association (SBHA) has secured a £58 million facility from Royal Bank of Scotland to support investment in current homes and the delivery of 300 new homes over the next seven years. SBHA owns and manages more than 5,600 homes across the Scottish Borders, from Skirling
As Scottish telecoms technology company Calnex Solutions today confirmed its £42m listing on London’s AIM market, Burness Paull's Chris Gotts, lead legal adviser on the Calnex IPO, discusses why more growing businesses in Scotland should follow suit. Traditionally businesses i
Royal Mint has produced an 18-carat solid gold payment card.
Paul Sloane Martin Currie, the Edinburgh-based active equity specialist, has confirmed that Paul Sloane, a highly-experienced Global Portfolio Manager with over 19 years’ investment experience will re-join the business within its well-established and successful Global Emerging Markets (“GEMs”)
