News

Chancellor Jeremy Hunt unveiled a series of tax reforms in yesterday's Spring Budget, altering the UK's fiscal landscape. The most notable change sees National Insurance contributions for employees decreasing from 10% to 8%, resulting in average annual savings of around £450 for approximately

A new survey has found that more than half (59%) of female business owners in Scotland are confident about the future of their business in the next three years. While confidence remains moderately high, the impact of Brexit, cost-of-living and the COVID-19 pandemic endures, with three-fifths (61%) o

The UK government is set to enlist private debt collectors to pursue individuals and companies owing up to £4.3 billion in unpaid taxes, as part of a major crackdown spearheaded by HM Revenue and Customs (HMRC). Under Chancellor Jeremy Hunt's proposals, debt collection agencies will be contrac

The Scottish travel company Cashel Travel Ltd has reported record profits and been awarded a prestigious Green Tourism Silver Award after bouncing back strongly from the pandemic. The family-owned destination management firm, headquartered in Leith, saw turnover increase by 49.39% to £9.45 mil

Capital Credit Union (CCU) has just recorded its highest ever month of lending in its 35-year history. The Edinburgh-based ethical lender issued almost £1.1 million of loans in February, an increase of 36% on the same month last year.

Supplier of industrial and engineering products Troy has strengthened its presence in Scotland through the acquisition of Scott Direct Group, a family-run firm based in Grangemouth. The deal marks Troy's 19th acquisition and second since receiving multi-million-pound investment from BGF last year. I

Aberdeen-based specialist property services provider Hutcheon Mearns Real Estate has announced it is targeting further expansion following a highly successful first year in operation. Launched in March 2023, the firm has swiftly established itself in Scotland's commercial property sector.

A lost watercolour by JMW Turner has been sold at auction for £96,000.

Dundee creative agency ALTAR Group has reported strong start to 2024 with £500,000 of new client wins during Q1 and shared plans to open a new office in Glasgow.

A multi-million pound contract has been secured by water retailer Business Stream, that will see it continue to provide water and waste water billing services for Scotland’s public sector. Business Stream, headquartered in Edinburgh, has been awarded the Scottish Government’s Water and W

Nationwide, the UK's largest building society, has proposed to offer of 218p per share in cash for the takeover of Clydesdale Bank-owner Virgin Money UK, valuing the deal at £2.9 billion.

The Highlands and Islands Airports Limited (HIAL) board has announced the appointment of Paul Kelsall as its new chief executive officer. Mr Kelsall, who has a wealth of knowledge and extensive experience in the aviation sector will join HIAL on 20 May 2024.

A sword from the Battle of Culloden is set to go under the hammer in Edinburgh next week. Auction house Bonhams has estimated the value of the 18th-century basket hilt broadsword, carried by clansmen loyal to Bonnie Prince Charlie, to be between £500 and £800, the BBC reports.

The Scotch Whisky Association (SWA) has applauded the Chancellor Jeremy Hunt's decision to extend the alcohol duty freeze until February 2025, stating that a duty rise would have been detrimental to the industry, its supply chain, consumers, and the wider economy amidst ongoing efforts to curb infl

Beeks Financial Cloud Group Plc, the Braehead-based cloud computing and connectivity provider for financial markets, has reported its revenues surged 25% to £12.96 million, up from £12.96m, in its latest results for the six months ended 31 December 2023. Annualised Committed Monthly Recu