News

The Albert Hotel, a long-standing hotel in Orkney, has undergone an extension following a significant funding injection from Royal Bank of Scotland. Established over two decades ago, the Kirkwall hotel has become a cornerstone for both leisure and business travel in the region. The new funding has e

AAB has appointed Mark Lappin as its new head of tax, a move designed to strengthen the firm’s market-leading tax services across the UK and internationally. Based in London, Mr Lappin brings more than 25 years of experience in tax advisory and commercial leadership, including senior roles at

The Institute of Chartered Accountants of Scotland (ICAS) has expressed its concern at the news the UK government is no longer planning to bring forward the already delayed and long promised audit reform and corporate governance bill in the current Parliamentary session, despite a draft bill ap

The number of Scottish firms in "significant" financial distress has risen sharply, according to new data from Begbies Traynor, as the economy continues to face global instability and domestic pressures. Providing a quarterly snapshot of the UK's corporate health, the business rescue and recovery sp

Johnston Carmichael Wealth has appointed Leigh Townsley as a Chartered Financial Planner in its Glasgow office. Ms Townsley brings over 25 years of experience in financial services, including 18 years as a qualified financial planner. In her new role based in Glasgow, she will support Johnston Carmi

The Edinburgh branch of the Chartered Institute of Taxation (CIOT), supported by Edinburgh Tax Network and Terra Firma Chambers, will present a seminar entitled How to Manage the Tax Landscape for Landed Estates and Property Businesses in Light of Recent Tax Changes at the Mackenzie Building, Old As

A visitor to the Centre-Pompidou Metz in eastern France has eaten Maurizio Cattelan's artwork "Comedian", which consists of a fresh banana taped to a wall.

Average house prices have risen £10,654 in Scotland over the last 12 months according to analysis of the latest statistics by DJ Alexander Ltd. The Scottish lettings and estate agency, said that the latest data from the monthly house price index shows that between June 2024 and May 2025 averag

A major innovation programme has helped manufacturers across Scotland reduce energy costs by 28% and cut carbon emissions by approximately 30% by making better use of their data. The Data Lab, Scotland’s centre for data and artificial intelligence, played a key role in delivering the £53

The Financial Reporting Council (FRC) has opened an investigation into accounting giant Deloitte over eight years of its audits for the FTSE 100 mining firm Glencore, following a major bribery conviction against the commodity trader. The FRC confirmed it is examining Deloitte's audits of Glencore an

UAE-based suitor Sidara is considering a cut to its takeover price for Wood Group, citing concerns over the Aberdeen-headquartered engineering firm’s ongoing investigation by the Financial Conduct Authority (FCA).

Wood Group's wholly-owned subsidiary, JWG Investments Limited, has agreed to sell its 50% stake in RWG (Repair & Overhauls) Limited to its joint venture partner, Siemens Energy, for a cash consideration of $135 million (c. £100m). The transaction is a key part of Wood's previously announce

Scotland will host its inaugural National Innovation Week later this year, an initiative designed to build on the country's rich history of invention and showcase its leadership in transformative technologies and industries of the future. Taking place from Monday 22 September to Friday 26 September,

Mill Architects director Richard Webb has been appointed to the board of Scottish Agritourism, joining at a pivotal moment for the sector. Scottish Agritourism represents more than 300 member businesses and is actively strengthening its governance ahead of hosting the inaugural Global Agritourism Co

There is growing demand amongst Scottish parents for a shake-up of the Junior ISA (JISA) rules to allow members of the child’s extended family to open accounts for children, according to new research from Scottish Friendly. Under the current rules, only parents or legal guardians can open a JI