News

Ahead of today's Scottish Budget, ICAS CEO Bruce Cartwright CA has stressed the need for fiscal stability, urging the government to avoid constant income tax adjustments. He points out that the Scottish Government has "limited levers" with which it can "help boost the economy and alleviate some of t

Johnston Carmichael has strengthened its leadership team with the promotion of four partners and a director. In total, the accountancy firm has promoted 65 people across the business this month. The latest round of promotions adds to 97 people already promoted this calendar year, accounting for almo

Property consultancy Galbraith is urging the Scottish government not to increase Land & Buildings Transaction Tax (LBTT) in this week’s budget, amid signs that the tax is having a dampening effect on market activity. The firm reports that the rates of tax imposed in Scotland are holding ba

Scottish retail sales experienced a 3.3% decrease compared to November 2023, when they had grown 2.6%. This was below the 3-month average decrease of 0.1% and below the 12-month average growth of 0.5%. Adjusted for inflation, there was a year-on-year decrease of 2.3%.

National Museums Scotland has commissioned a furniture maker from Dundee who has collaborate with coppersmiths from East Lothian to create a drinks tray from whisky by-products for the museum’s Scottish History and Archaeology collection. Draff Studio, a sustainable bespoke fabrication furnitu

OEG Energy Group has moved into a new global HQ at The Stratus Building, ABZ Business Park in Dyce, following a seven-figure sum investment in a multi-year lease. This marks a significant milestone in the organisation’s 50-year journey, underscoring its deep commitment to its local roots while

The University of Dundee has been named the UK’s Outstanding Entrepreneurial University of the Year in the 2024 Times Higher Education Awards, held in Birmingham.

A package of new measures to support small businesses and deliver growth has been set out by the UK government. The package, announced in the run up to Small Business Saturday this weekend includes targeted action to unleash the potential of disabled and female entrepreneurs, and a crackdown on late

Stirling-based Expert IT Solutions has announced it has transitioned to an employee ownership trust (EOT). Founded in 2002 by entrepreneurs Mark Lonnen and Gavin Glass, the company has grown significantly and is now a trusted provider of IT solutions to businesses large and small across the whole of

Wealth manager St James’s Place has revealed plans to make approximately 500 corporate staff redundant as part of a cost-cutting drive.

Burness Paull has strengthened its offering for clients in the energy and infrastructure sectors with the appointment of Scott Duncan as a partner in the firm’s construction and projects team. Mr Duncan is an experienced lawyer with a strong track record of acting for energy and infrastructure

Principal contractor Procast Group has acquired Glasgow-based building surveying and cost consultancy business JC+P Property and Construction Consultants in a six figure deal. With its HQ in Hamilton, Procast Group has bought over JC+P (previously known as James Clark & Partners Scotland) in a s

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders saw a 5.3% boost during September-November 2024, compared to the same time last year, taking the new average price to £286,263, ESPC has revealed. All regions (with the exception of East Fife) experience

Scotland’s economy recorded strong growth in the first half of 2024 broadly keeping pace with the UK, but there are signs that growth is slowing in the second half of the year, according to the latest EY ITEM Club Scottish Forecast. GVA should expand by 0.7% over the course of 2024, slightly b

LDC, the private equity investor which is part of Lloyds Banking Group, has exited its investment in Lomond, the lettings and estate agent platform which owns DJ Alexander. LDC will reinvest in Lomond alongside new investor ICG, the global asset manager, the founding chairman and management.