News

KPMG UK has appointed Natalie Macfadyen to lead the firm’s Aberdeen office. Ms Macfadyen, an R&D tax specialist, will oversee a team of 100 people at KPMG’s 1 Marischal Square premises in Aberdeen.

Scotland’s largest agricultural products hub (agri-hub) at the Port of Rosyth has made a further major investment in specialist haulage equipment to support the large tonnage of bulk cargos the port handles each year.

HMRC collected a record £6.3 billion in inheritance tax over the nine months to the end of December 2024, according to new figures. Inheritance tax receipts reached £6.3bn from 5 April to 31 December 2024, marking an 11%increase on the £5.7bn received in the same period in 2023.

A Moray bakery firm is investing in infrastructure and equipment in a move that will improve productivity, increase turnover, cut carbon and create jobs. 

Highland Park has released its oldest and rarest single malt Scotch Whisky, Highland Park 56, created from a never-before-tasted cask from the same line that has produced some of the distillery’s oldest, rarest and most exceptional whiskies. 

2i Testing, the Edinburgh-based software testing partner has acquired nFocus, the longest-established UK-owned testing consultancy.  This acquisition follows 2i’s recent investment from Rockpool and aligns with the company’s ambitious growth strategy to accelerate market presence, d

Henderson Loggie has facilitated the sale of the former site of Charles Henshaw & Sons Limited to Mandale Group. Henderson Loggie's head of business recovery & insolvency Shona Campbell, who oversaw the sale, was appointed administrator of Charles Henshaw & Sons in July last year.

MPs have accused HM Revenue & Customs (HMRC) of deliberately degrading its phone services to force taxpayers online. The Public Accounts Committee (PAC) found that average call waiting times had soared to over 23 minutes, nearly doubling in two years.

Recent figures from the third quarter of the 2024-2025 financial year – 1 October to 31 December 2024 – have revealed a mixed picture for insolvencies in Scotland, according to insolvency and restructuring trade body R3. Corporate insolvencies, including liquidations and receiverships, t

The British Business Bank has provided financial support to 15,000 smaller businesses in Scotland, supporting 148,000 existing jobs and is expected to create 11,000 additional roles since it was established in 2014, cementing its position as a critical driver of growth and employment. The bank's The

Edinburgh-headquartered payment orchestration provider, BR-DGE, has announced a three-year partnership with Brooklyn Travel, a rapidly growing Scottish travel group. This collaboration will see BR-DGE become Glasgow-based Brooklyn Travel's sole payments orchestrator, streamlining transactions and en

Global technology consultancy Synechron has stepped up its partnership with Scottish Financial Enterprise after selecting Scotland as a new hub for business growth and innovation. Synechron joined Scottish Financial Enterprise in 2023, aiming to form new partnerships with academia and offer deep dom

Business confidence in Scotland has experienced a slight decline quarter-on-quarter, according to the latest ICAEW Business Confidence Monitor (BCM) for Q4 2024. Despite this dip, confidence remains significantly higher than the UK average, standing at 13.1 compared to 0.2 nationally.

The second Trump presidency is set to have a profound impact on the Scottish economy, according to Holmes Mackillop. Finlay Swan, associate solicitor at Holmes Mackillop, suggests that while the intention to implement a 20% tariff on exports and an unrestricted – to quote Mr Trump – 'dri

AAB has pushed past the £100 million revenue mark with its acquisition of Ormsby & Rhodes, one of the longest-established firms in Ireland, strengthening its international presence and access to the European market. Ormsby & Rhodes was established in 1911 and is consistently ranked in