News

Scottish Building Society has revealed that the number of mortgages offered to new homeowners has more than doubled compared with the previous year, reflecting a strategic focus on helping people onto the property ladder. The release of its annual results follows a series of industry accolades, incl

The David Hume Institute has announced Professor Paul Atkinson as its new chair, at a time when Scotland faces growing economic and policy challenges. Prof Atkinson succeeds Professor Jan Bebbington and Liz Ditchburn CB, who step down as co-chairs following a period of significant contribution to th

Eden Mill Distillery has appointed Steven Kersley as chief executive officer. Mr Kersley, who brings over a decade of senior leadership experience in the Scotch whisky and craft spirits industry, takes the helm with an ambitious agenda to establish a world-class spirits brand rooted in its home of S

A defamation lawsuit filed by FBI director Kash Patel sharply criticising The Atlantic’s journalistic standards contains numerous spelling and copy-editing errors. The 19-page complaint, lodged in federal court in Washington, D.C., accuses the publication and a reporter of knowingly publishing

Richard Bathgate, restructuring partner and licensed insolvency practitioner at Johnston Carmichael LLP, has been appointed interim liquidator of Centurion Plumbing Services (Scotland) Ltd. The company, which operated depots in Muir of Ord and Elgin, ceased trading on 31 March 2026 due to significan

UK taxpayers have handed over £938.8 billion in tax in 2024/25, a 9.3% rise on the previous year, according to HMRC's annual bulletin, as frozen thresholds and rising asset values are quietly eroding household wealth. Inheritance tax receipts reached a new record high of just under £8.5b

Macdonald Henderson has advised Paper Shredding Services (PSS), a Glasgow-based provider of secure, compliant collection and destruction services on its disposal to Restore Datashred, the UK data management and recycling services group. PSS serves clients throughout Scotland across public and privat

The percentage of small businesses in Scotland predicting growth for the next three months (22%) has remained largely unchanged on last quarter (23%), according to Novuna Business Finance. Whilst historically, the spring months each year usually offer a seasonal boost to small business growth foreca

Taxes on UK workers increased at the fastest rate among the world's wealthiest economies last year, according to the Organisation for Economic Cooperation and Development (OECD). The Paris-based organisation's annual study of taxes across the developed world found that Britain's "tax wedge", which m

Bad debt and late payment are hammering Scottish SMEs' cashflow and profitability, according to new data from Bibby Financial Services (BFS). BFS’s latest SME Confidence Tracker revealed that 39% of Scottish SMEs, equating to around 139,000 businesses, experienced bad debt in the past 12 month

Scottish investment giant Baillie Gifford is poised to reap a £3.5 billion return on its early bet on SpaceX, as Elon Musk's rocket company prepares for what is expected to be the largest public listing in stock market history.

On Earth Day, ACCA brought together finance professionals from over 100 countries for its annual Sustainability Conference, delivering a pointed message to the business world: stepping back from sustainability commitments is not a prudent response to uncertainty – it is a costly one. In a worl

The Scotch Whisky Association (SWA) has joined seven other spirits industry organisations across the UK in signing a joint statement warning that spiralling duty rates are causing serious damage to the spirits sector. The coalition, which also includes the English Whisky Guild, Drinks Ireland: Spiri

Armstrong Watson has opened a new office in Edinburgh as part of its continued investment in Scotland. The new Edinburgh office, in Spaces, Lochrin Square, builds on Armstrong Watson’s continued growth in Scotland and follows the acquisitions of Martin Aitken and Parkhill Mackie in Glasgow. Th

Two extraordinary magnums of Château Lafite Rothschild 1870, sourced from the historic cellars of Glamis Castle in Scotland, broke the world record twice in rapid succession, selling for $106,250 (c. £78,560) and $200,000 (c. £147,885) respectively, as part of Sotheby's landmark "