News

The UK economy has experienced a second consecutive month of stagnant growth in July, with GDP remaining flat.

Frasers Group is significantly strengthening the east coast of Scotland’s retail offering with the signing of a number of new leases for Dundee’s Overgate Shopping Centre, including the opening of the group’s new 70,000 sq ft Frasers concept store. Frasers Group, which bought Overg

Joint administrators Ben Cairns and Jonny Marston from Alvarez & Marsal have been appointed to “wind down” the operations of Hadden Construction. The Perthshire housebuilder has fallen into administration with 66 members of staff being made redundant.

Scotland's financial and related professional services sector is a key engine of growth, employing 149,000 people and contributing 10% to the national economy in 2022, according to TheCityUK. According to its ‘Enabling growth across the UK 2024’ report, Scotland remains one of Europe&rsq

Reforms to Inheritance Tax (IHT), Capital Gains Tax (CGT) and employer National Insurance (NI) could raise over £20 billion a year, and still pass a 'triple tax test' of improving tax efficiency, ensuring that tax rises fall on those with the broadest shoulders and not break Labour's manifesto

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a seminar entitled 'Gross Division & Net Proportionality in Estates – re Ratcliffe & re Benham revisited' at the Mackenzie Building, Old Assembly Close, Edinburgh on Thursday 26 September 2024. P

Highland Council has appointed four chief officers, including a chief officer of corporate finance, in the latest phase of its new senior management restructuring. As previously intimated in Highland Council’s budget plan, a new senior management structure is being implemented following approv

The Scottish labour market continues to demonstrate strength, with employment rates rising and unemployment falling in the May to July 2024 quarter, according to recent figures. Despite a slight lag behind UK averages, Scotland's employment rate reached 74.2%, while the unemployment rate dropped to

The Financial Conduct Authority (FCA) has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration. Crypto ATMs are machines that allow you to buy or convert money into cryptoassets.

Private equity firm Maven Capital Partners has exited its investment in CB Technology (CBT), a specialist electronics contract manufacturer (ECM), following its acquisition by Northern Ireland-based Elite Electronic Systems. With a combined turnover of over £50 million, the acquisition creates

Scotland's private sector maintained its growth trajectory in August, according to the latest Regional Growth Tracker data from RBS. The economy was again, however, driven by the service sector, masking a downturn at manufacturers. Service firms also revealed a further improvement in demand trends,

A senior banker who stole almost £18,000 from the accounts of an elderly, dementia-stricken customer has been imprisoned for 13 months. Stephen Barr, 38, of Aberdeen, deliberately targeted the 81-year-old widower because he knew he was vulnerable and confused.

PwC has taken the unusual step of appointing a UK partner, Hemione Hudson, to lead its China business amidst the ongoing fallout from the Evergrande audit scandal. The move reflects the deep concern within PwC about the crisis at its China firm, which anticipates a hefty fine and a six-month suspens

Jason Windsor, previously group CFO and currently interim group CEO, has been appointed as group CEO of abrdn plc, subject to regulatory approval. On 24 May 2024, abrdn announced the commencement of the process of moving to fresh leadership, following the strategic repositioning of the company to a

Ryden has appointed Stuart Lockhart as partner to lead its property management services in Edinburgh. Lockhart brings over 25 years of experience in UK commercial property with a particular focus on property asset management.