News

Plant hire company GAP Group Limited has succeeded in an appeal against HMRC relating to the rate of VAT charged on red diesel provided in plant equipment for hire.

Family-owned luxury jewellers Laings has revealed its plan to open a second TAG Heuer boutique in Edinburgh's prestigious Multrees Walk in Spring 2024. This follows the successful launch of Scotland’s first TAG boutique on Glasgow's Buchanan Street in September.

Saudi Arabia's Public Investment Fund (PIF) has acquired a 49% stake in Rocco Forte Hotels. This deal puts the value of the luxury hotel group at £1.4 billion, inclusive of debt, according to the Financial Times.

Glasgow-based fashion retailer Quiz has initiated a strategic review after it reported a pre-tax loss of £1.5 million for the first half of the year ending September 30, a stark contrast to the £1.8m profit in the previous period.

The Scottish Beer & Pub Association (SBPA) and the Scottish Licensed Trade Association (SLTA) have joined forces, calling on the Scottish Government to pass on funding for their sector following the Chancellor’s Autumn Statement which will see English businesses receive a 75% reduction in

The University of Glasgow has unveiled its latest addition, a £85 million state-of-the-art building dedicated to the Adam Smith Business School, marking a significant milestone in Scottish academia and business education. The new Adam Smith Business School Building and Postgraduate Taught (PGT

The latest Business Outlook Tracker by Grant Thornton has shown a significant decline in mid-market business sentiment in Scotland, with a notable impact on profit expectations and investment. The December survey highlights that one-third (32%) of businesses anticipate a decrease in profits over the

Scotland-headquartered orbital launch services company Orbex has made a strategic move with the appointment of John Bone as its new chief commercial officer. His appointment marks a significant step for Orbex as the company gears up for the historic launch of Orbex Prime from its “home”

The average selling price of property in Edinburgh, the Lothians, Fife and the Borders dropped 6.6% year-on-year to £273,348, according to new figures from ESPC.

Catholic nuns who own shares in gun maker Smith & Wesson are suing the company over its manufacturing of "mass-killing assault weapons". New York law firm Newman Ferrara LLP is representing the coalition of four congregations of Catholic sisters who have filed the stockholder derivative lawsuit

Thorntons has announced Paul Adams and John Smart as partners for its first office in Inverness alongside a further eight appointments. The new team joins from Wright, Johnston and Mackenzie.

Johnston Carmichael has announced a significant bolstering of its leadership team with seven senior promotions in Scotland and the North East of England. The seven senior promotions are among 55 promotions effective across the business this month and brings the total number promoted at Johnston Carm

The Aberdeenshire-based housebuilding and construction group Bancon Group has posted a robust year of trading, marked by a 33% increase in its homes business and a 16% rise in overall turnover, for the year ended March 2023. Turnover for the year was up £18 million on the previous year to &pou

Edinburgh-based charity Bank of Scotland Foundation is offering its 178 current grantees a share of £2,406,465 to help with the significant impact of the cost of living crisis. The foundation’s grantees, and charities more generally, tell them that rising demand for services, rising core

EY has intensified its redundancy efforts in the UK with the planned the termination of an additional 150 jobs, bringing the total number of redundancies this year to 300.