Scotland’s economy experienced a modest expansion in the three months to February 2026, with onshore GDP rising by 0.2%. This followed a marginal increase of 0.1% in the preceding three-month period ending in January. While monthly figures for February showed slight growth of 0.1%, this repres
George Iordanov-Nalbantov
Lloyds Banking Group has posted a 33% rise in statutory profit before tax to £2.0 billion, for the first quarter of 2026, but has shared concerns over the economic impact of the Middle East conflict. The Bank of Scotland-owner's Q1 growth was underpinned by an 8% rise in underlying net interes
Scottish Bakers has launched its Bakery Category Insight Reports 2026 in collaboration with global bakery supplier Dawn Foods, revealing that Scotland's combined sweet and savoury bakery market is now worth more than £1.45 billion. The data-led resource draws on consumer panel data from NIQ, c
The City of Edinburgh Council has suspended a plan to charge second home owners four times the standard rate of council tax, just weeks after it came into force. The pause, which lasts six months, follows legal advice and a series of representations from affected homeowners.
Chancellor Rachel Reeves’s Autumn Budget has drawn a sharp intake of breath from Scotland’s financial and business community.
First Minister John Swinney has set out the SNP Government's new Programme for Government, outlining several of financial commitments aimed at easing cost-of-living pressures and fostering a more supportive business environment in Scotland. For businesses, the First Minister pledged no further diver
As artificial intelligence (AI) rapidly moves from a futuristic concept to a practical tool within the accountancy profession, firms across Scotland are grappling with its potential, integrating AI to enhance efficiency while navigating the risks and ethical considerations. Leading Scottish accounta
Chancellor Rachel Reeves has confirmed a rise in capital gains tax (CGT) and employers' national insurance contributions (NIC) in today's Autumn Budget statement.
Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a 14.2% rise in net turnover to £253 million and an 8% increase in pre-tax profits to £4m for the year ended 28 April 2024. In the last year, the family-owned business, acquired 12 new company stores
Hamiltons Law Accountants has promoted Jade Blair to head of law accountancy. Ms Blair has been with Hamilton Law Accountants since it opened its doors in October 2023, and initially started as a trainee law accountant at its predecessor firm Hamilton Mullan Law Accountants.
Largo Leisure Parks has formally launched an £800,000 development, expanding its Sauchope Links holiday park, with a traditional ribbon-cutting ceremony. The project, at the coastal park near Crail, is part of an overall investment programme by private equity firm Limerston Capital,
Industry leaders have voiced their perspectives on the UK government's proposed measures aimed at addressing economic challenges and fostering growth, outlined in the King's Speech.
Scotland's finance professionals and businesspeople gathered at ICAS' second Sustainability Summit to discuss ever-increasing sustainability and ESG reporting requirements. Held in collaboration with Accounting for Sustainability (A4S) at Edinburgh's Virgin Hotel, the event followed on from the inau
The Chancellor's Autumn Statement of 2023 has been met with a mixed reception from Scottish tax experts, who highlight both positives and concerns in the outlined fiscal plans. Susie Walker, partner and head of tax at Johnston Carmichael, noted that while the 'full expensing' tax break favours large
