News

Investment in Scottish commercial property increased in the third quarter of 2024, as interest rates began to fall and a decisive election result provided more certainty over future policy direction, reaching £1.21 billion in the first nine months of the year, according to Knight Frank. 

A painting found by a junk dealer while he was clearing out the cellar of a home in Italy is an original portrait by Pablo Picasso, according to Italian experts.

Burness Paull has appointed Mark Ellis as its new managing partner, working alongside Peter Lawson who will continue as chair. Mr Ellis brings considerable management experience to the role having led the law firm's corporate finance team for the last six years. He also previously sat as an elected

A new partner heads an 11-strong field of lawyers promoted at Lindsays. Kirsty Preston’s appointment is her second promotion in a year – having made the step up to senior associate 12 months ago.

Maven Capital Partners has launched new £40 million joint share offers across its four well-established Venture Capital Trusts (VCTs). Investors have the opportunity to benefit from up to 30% initial tax relief, tax-free dividends, and exemption from capital gains tax, while participating in t

Deloitte UK partners have seen their average pay fall by £48,000 to £1.012 million in the year ending May 2024. This decrease comes despite a 2% rise in total revenue to £5.7 billion, driven by strong performance in tax, legal, and auditing. However, it remains the only Big Four fi

Perthshire-based Binn Group has announced it has secured a five-year waste management contract with NHS Tayside. Commencing from 1 October, the annual contract covers the health board’s 47 sites across the region including Ninewells Hospital and Perth Royal Infirmary. 

The UK economy grew by 0.5% in the second quarter of 2024, slightly less than initial estimates of 6%, according to the Office for National Statistics. Despite the slowdown, there are signs of improvement, including a rise in the household saving ratio and GDP per head.

Accountancy firm Wbg has encouraged SMEs to put themselves at the heart of their local communities and help generate thriving local economies to the benefit of the national economy. The firm endorses the Scotland Loves Local Pledge – a commitment to prioritising local people and businesses by

Time is running out for the vast majority of high net worth individuals (HNWI) in Scotland wanting to pass on their wealth as they put inheritance planning on the back burner, according to new research from Rathbones. A third (31%) of HNWIs in Scotland want to pass on wealth but have put no plans in

Business confidence in Scotland fell by 16 points to 48% in September, according to the Bank of Scotland's Business Barometer. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 19 points at 47%. When taken alongside their optimism in the economy, wh

Tax specialists at Henderson Loggie are encouraging Scotland’s cultural community to capitalise on available tax reliefs, having witnessed the significant impact these can have on the sustainability of organisations, their long-term planning capabilities, and their broader community influence.

The Association of Chartered Certified Accountants (ACCA) has introduced a new Professional Diploma in Sustainability designed for finance professionals at all levels who are looking to gain a comprehensive understanding of sustainability and accreditation to prove it.

Thorntons has made 15 new appointments to its offices across Scotland.

Harper Macleod has advised on the business succession of Dundee-based Lock Shop & Security Services. Ownership of the Tayside business, which has been providing locksmith, access control and home security services since 1984, has transferred from Mike and Therese Devlin to the business’ ma