News

Aberdeen-based Trojan Energy, known for its innovative flat and flush on-street charging system for electric vehicles, has secured nearly £500,000 in funding from the Low Carbon Manufacturing Challenge Fund. Founded by ex-oil and gas engineers, the company's technology offers a clutter-free so

Recent data unveiled by ACCA has highlighted significant issues UK accountants face when interacting with HMRC services at even the most basic level. Over half (52%) of the surveyed UK ACCA members voiced concerns that HMRC's service quality was negatively affecting their work efficiency. This

Recent reports indicating that the UK government is contemplating a reduction, and eventual abolition, of Inheritance Tax (IHT), have been welcomed by Scottish estate and letting agency DJ Alexander Ltd. Described by many homeowners as the UK's most inequitable tax, IHT accrued £3.9bn between

Financial mutual Scottish Friendly has appointed John McGuigan onto the board as a non-executive director. Mr McGuigan has over 25 years’ experience operating at senior executive levels across a number of sectors. A customer director, he draws on a profound understanding of the changing needs

Accountancy and business advisory firm BDO LLP has made a series of promotions across its Scottish offices, comprising a total of 66 promotions, including 41 people in its Glasgow office with a further 25 promotions in Edinburgh. The investment included the promotion of business restructuring e

Soaring corporation taxes of up to 25%, shrinking allowances and new advance payment rules are projected to affect more than 40% of Scots’ businesses with year ends between December 2023 and March 2024, seriously affecting cash flow and investment, a business tax expert has warned. Mark Pryce,

An MP has been mocked on social media after appearing to ask the government how many seven-year-olds are receiving pension credit. Justin Madders, MP of Ellesmere Port and Neston, tabled a written question regarding the number of people claiming pension credit who were born after April 2016

The Financial Conduct Authority (FCA) has illuminated a sharp rise in the adoption of buy-now-pay-later (BNPL) schemes within the UK.

In a business highlight for Scotland, Steven Bartlett, The Diary of a CEO podcast host and youngest dragon in BBC's Dragon's Den history, delivered an illuminating session at Aberdeen’s Music Hall. This was as part of Aberdeen & Grampian Chamber of Commerce’s (AGCC) Ultimate Mastercl

Scottish cleantech bioscience firm Penrhos Bio has successfully secured a further £3 million in capital through its Series A funding round. The raise comes from a consortium of investors including St Andrews-based firm Eos, New York branding partner Earthbound Brands LLC, and Scotland’s

Business confidence in Scotland has taken a dip this October, decreasing by seven points to a standing of 26%, according to the latest Bank of Scotland Business Barometer. Despite the overall drop, Scottish companies portrayed an upbeat attitude regarding their individual business outlooks, noting a

Scottish Registered Social Landlords (RSLs) have shown resilience, securing £578 million in new financing and maintaining the confidence of both lenders and investors.

Accountants and business advisers firm Wylie & Bisset has joined in calling on the Scottish government to urgently address the charity audit threshold disparity between Scotland and England and Wales, suggesting it should be doubled and brought into line with other regions. Increases to the comp

Shepherd Chartered Surveyors has elected managing partner Ian Fergusson as its new senior partner and successor to George Brewster, who is to step down from the position he has held for the last 16 years. Both Mr Fergusson and Mr Brewster have worked closely alongside each other for over 30 years&nb

Fife Council's Economic Development Team in partnership with Fife College have invited local businesses working in the finance and business services sector to attend a business breakfast meeting next week.