News

A French man who found a treasure trove of gold bars and coins when he dug up his garden to build a swimming pool may be forced to hand over the hoard to their heirs of its presumed original owner.

A total of 115 company insolvencies were registered in Scotland in October this year, the same number as in October 2024, according to the latest UK Government Insolvency statistics. 

Wood Group shareholders have overwhelmingly approved the recommended £216 million cash acquisition of the firm by Sidara. A resolution to approve the Scheme of Arrangement passed with 89.07% in favour, bringing discussions over the future of the company, formerly led by Sir Ian Wood to a concl

The Royal Bank of Scotland and the Scottish Asian Business Chambers have announced a new partnership to support entrepreneurs from underrepresented communities to grow.

The Association of British Insurers (ABI) has stressed that the fight against fraud must continue as its annual detected fraud data reveals that £1.16 billion worth of fraudulent general insurance claims were identified in 2024 – a 2% increase on the £1.14bn detected the previous y

From the start of December, UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.  

Asset manager Octopus Capital has raised an additional £100 million for its Affordable Housing Fund, with the Scottish National Investment Bank (SNIB) providing £50m of the funding. As an impact investor, aiming to secure both commercial returns and societal benefit, the bank’s fun

The Institute of Chartered Accountants of Scotland (ICAS) has appointed Katie Close CA as its new director of tax. Katie Close will lead the ICAS tax team, overseeing technical content and resources for over 24,000 members working in more than 85 countries.

Aberdeen, the specialist asset manager, has outlined six macro themes it believes will reshape investing in 2026 and beyond. The six themes are geopolitical risk, economic fragmentation, diversification, challenges to central bank independence, rising debt servicing costs, and US equity market conce

A family-run company that acquires care homes in distress and turns them into viable businesses has bought Bankhouse Care Home in Lesmahagow following a £2.5 million refinance package from Unity Trust Bank. Willie, Sam and Caroline McDonald, owners of Bellerose Care Ltd, bought 49-bedroom Bank

A wish-list of seven policies to boost hard-hit SMEs has been sent to the Chancellor by accountancy and business advisory firm Azets, which advises more than 80,000 SMEs. Praveen Gupta, Azets’ UK head of tax, called for Rachel Reeves to “encourage and enable SMEs to invest, innovate and

Liz Ziegler Around £2 million pounds in card chargebacks have been claimed back by Lloyds customers following a rise in dodgy websites, according to the latest data from the bank. 

Dains Accountants has appointed Louise Balloch as payroll director for Scotland, further enhancing the firm’s specialist payroll and people advisory services across the UK.  CIPP-qualified and bringing nearly 20 years of payroll experience, Ms Balloch has spent over a decade leading high-

A family-run home improvement business based in Perthshire is set to expand its services after its owners accessed support from Business Gateway.

Hall Morrice's commitment to staff development has been further underlined after a member of the team scooped a prestigious award.