News

Chancellor Rachel Reeves' Spring Statement has drawn mixed responses from tax and business experts, highlighting both welcomed measures and lingering concerns. Chris Campbell, head of tax at ICAS, highlighted the delayed implementation of Making Tax Digital (MTD) for Income Tax for those with income

The UK government has confirmed it is looking to reform ISAs and potentially cut cash allowance, with a focus on balancing cash and equity investments. While Chancellor Rachel Reeves' Spring Statement avoided direct mention of ISAs, accompanying documents revealed plans for a consultation on the sav

Kelso Pharma has secured over £140 million in acquisition funding and appointed Graeme Duncan, former ADVANZ PHARMA CEO, as a non-executive director. The funding, facilitated by existing investor Apposite Capital and debt facilities from Kartesia, was partially used for the recent acquisition

Aberdeen City Council has allocated over £1 million in grants to bolster local businesses and organisations, aiming to stimulate community development The council’s Finance and Resources Committee yesterday (Wednesday 26 March) agreed the money for the projects which include Tall Ships e

As part of HSBC's stringent cost-cutting strategy under chief executive Georges Elhedery, the bank has dismissed London-based investment bankers on their bonus announcement day, with many receiving no payout. The move, following the bank's January decision to shutter its mergers and acquisitions and

Smaller businesses in Scotland are the most likely to say they struggle to access finance among the UK’s devolved nations, according to new research from the British Business Bank in conjunction with Business Gateway. The Scotland SME Access to Finance Report 2025 found that 42% of respondents

A Stirling tour operator using traditional Scottish folk music as a way of enticing tourists to visit Scotland is expected to reach £1.5 million turnover after the owners received specialist advice from Business Gateway.

Lindsays has reinforced its commitment to supporting businesses in Tayside with the appointment of corporate lawyer Sharon Somerville as a senior associate. Ms Somerville is now based full-time in the firm's Dundee city centre office. This marks a significant milestone for Lindsays, by establishing

An antiques expert tricked the Palace of Versailles into buying fake 18th century royal chairs, a court has heard. Pontoise Criminal Court, near Paris, was told that Bill Pallot, 61, convinced the palace to pay €840,000 (c. £700,000) for two chairs that its experts thought had belonged to

The Institute of Chartered Accountants of Scotland (ICAS) has said that the Chancellor’s Spring Statement leaves businesses and the public with uncertainty about how the UK government will deliver on some very big promises. Chancellor Rachel Reeves was in an optimistic mood about collecting an

In today's Spring Statement, Chancellor Rachel Reeves has unveiled a £14 billion package aimed at repairing the UK's public finances, following a downturn in economic growth and increased borrowing costs. This move comes just five months after her initial Budget in October. Despite the need fo

A house listed on Rightmove has sparked intrigue with its unusual interior featuring a living room entirely adorned with beer cans.

Unity Trust Bank, which supports organisations that create positive social impact across the UK, has published its annual results for 2024, reflecting its strong commitment to housing and healthcare in Scotland. Unity’s overall lending remained at over £1 billion with 50.5% (2023: 45.3%)

Scotland’s onshore GDP increased by 0.3% in January 2025, following a revised 0.5% growth in December 2024, according to official statistics. Over the three months leading to January, GDP grew by 0.5%, contrasting with the stagnant growth of the previous quarter.

HNH has bolstered its Edinburgh deal advisory team with the appointment of Sean Parr as associate director and Tom Parker as assistant manager. Both join from Deloitte, reuniting with former colleague Roger Mayor, who became a partner at HNH a year prior.