News

The UK government has secured a record-breaking windfall from inheritance tax as receipts surged to £7.1 billion between April 2025 and January 2026. This £100 million year-on-year increase, documented by HMRC, stems from a combination of appreciating asset values and long-term stagnatio

Swapping credit cards with virtual replacements could help Scotland’s SMEs improve their cashflow, a senior finance professional has advised. Nicola Campbell, Glasgow-based partner and the local head of accounts and business advisory services at Azets, said that removing traditional cards for

Freeths has strengthened its commercial practice in Scotland with the appointment of partner Richard Lockhart to its Glasgow office. Mr Lockhart, who joins from Burness Paull, specialises in programme development, government policy implementation, governance, procurement, funding and commercial advi

The Payment Systems Regulator (PSR) has imposed a fine of £3,779,300 on Bank of Ireland UK for failing to implement the confirmation of payee (CoP) anti-fraud system by the required deadline.

Kelvin Properties has secured an £18.8 million development facility from Bank of Scotland to fund the construction of its first purpose-built student accommodation (PBSA) scheme in Glasgow’s West End.

Scottish salmon exports to India could deliver up to £130 million over the next decade in a major boost to the economy, according to Salmon Scotland. Producers are gearing up for a new drive into the market after last year’s UK-India trade deal promised to remove the tariffs that have he

Gordon Dewar has announced his departure as chief executive of Edinburgh Airport, concluding a transformative 14-year tenure.

Armstrong Watson has expanded its offering with the launch of two specialist propositions – a financial reporting team and a fractional FD/CFO service. Together, these enhanced services provide clients with deeper technical reporting expertise and flexible, senior finance leadership.

The Scottish Government has deferred a looming crisis on public sector pay until after the 7 May election, according to a new report published by the Fraser of Allander Institute at the University of Strathclyde. The report, part of a collaboration with Cardiff University and supported by the Nuffie

Russia's Supreme Court has upheld a fine imposed on search giant Google which is roughly a million times more than the combined GDP of the entire world. Judge Sergei Samuylov said there were no grounds to review the imposition of the 91.5 quintillion rouble fine (around €1.2 quintillion or &pou

A Glasgow-based road haulage firm, Specialist Haulage Hire, has entered compulsory liquidation following a petition from HM Revenue and Customs (HMRC). The legal action, presented to Glasgow Sheriff Court by the Advocate General for Scotland, resulted in the Sandyford Place company being wound up du

A Scottish hospitality tech firm has launched a "wee green" version of the software which has earned its global name as it targets the pubs and small hotel marketplace. Hop Software, formed in 2017 by Highland Hoteliers, pioneered an award-winning Property Management System (PMS) capable of running

Parents opened nearly four times as many new stocks and shares Junior ISAs (JISAs) than ISAs in Q4 2025, according to Scottish Friendly. The modern mutual’s latest customer data shows that quarter on quarter, JISAs saw a 19% increase in new policies being opened. Meanwhile, new openings for IS

Thorntons has reported a 14% increase in annual turnover, reaching £50.1 million for the year ending 31 May 2025, up from £43.9m the previous year, as it prepares to relocate to new landmark headquarters in Dundee. While revenue saw significant gains, operating profit remained steady at

Chad Griffin, Geoff Rowley and Graham Smith of FRP Advisory have been appointed joint administrators of Orbital Express Launch Ltd, the Forres-headquartered space launch technology company. The appointment follows the filing of a notice of intention to appoint administrators on 11 February 2026.