The Scottish Government has established a Tax Advisory Group to deliver strategic advice on the tax system as part of its Medium-Term Financial Strategy. This move is aligned with a recommendation from the New Deal for Business. The newly-formed group consists of leading economists, academics, and r
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James Watt, CEO of Brewdog, the brewery and pub chain headquartered in Ellon, Aberdeenshire, has expressed strong criticisms about the aftermath of Brexit, describing it as “tragic for UK business” and emphasising its detrimental effects on his own enterprise. Mr Watt shared his sentimen
The chairman of Springfield Properties has challenged Stirling Council on the "considerable delays" by planning officials to progress housing at Durieshill. Attending today’s Stirling Council meeting, Sandy Adam made a bold visual statement with an eight-foot figure of a sn
The new £7.5 million Uile-bheist Distillery and Brewery this week completed production of its full core range of craft beer. The facility, which doubles as a whisky distillery and offers a visitor experience, opened its doors in February and is powered by a sustainability centre that harnesses
Following a five-year tenure marked by record-breaking achievements, Thomas Moradpour is stepping down as president and CEO of The Glenmorangie Company to join luxury champagne brand Dom Pérignon, a fellow subsidiary of LVMH. He will be succeeded in post by Caspar MacRae, currently global mar
Four new businesses have been confirmed as tenants at Framework, a contemporary city centre workspace on 124 St Vincent Street in Glasgow. Real estate advisor CBRE, alongside joint letting agent Ryden, secured the new occupiers on behalf of Shelborn Asset Management, owner of the 36,460 sq ft of off
Scottish football club, Arbroath FC, has made headlines following a significant surge in their financial fortunes, tripling their annual turnover to £1.88 million in 2022. Despite the hurdles imposed by the Covid-19 pandemic, the club's rise to second place in the championship helped boost the
A banker, originally from a Welsh council estate, is set to sell his renovated folly in Wales, featured on the 2009 edition of Grand Designs, for a price of £1.85 million. The dilapidated property, spread over 24 acres, was purchased and refurbished by Dean Berry and wife Sarah. The updat
Highland property investment and development company Ark Estates has procured an industrial site for redevelopment in Invergordon on the Cromarty Firth. The site, strategically positioned in the Castle Avenue Industrial Estate, is in close proximity to the Port of Cromarty Firth. This port, along wi
Grant Reid, the former CEO of Mars, has been conferred with an honorary degree from the University of Stirling at a ceremony today. The accolade recognised Mr Reid's exceptional contribution to business, sustainable practices, and social justice.
A Gustav Klimt portrait, "Lady With a Fan", has set a new auction record at Sotheby's in London, selling for $108.4 million (£85.3m). This marks a high point for the city's high-value art market, surpassing the European record set by Alberto Giacometti’s “Walking Man I” in 20
PwC UK has warned its 25,000 employees to brace themselves for smaller pay increases and potentially frozen salaries this year due to difficult market conditions, contradicting industry calls to address rising inflation which stood at 8.7% in May.
In a recent panel event organised by the Scottish Financial Enterprise (SFE), senior executives from Encompass Corporation, Capgemini, and abrdn advocated for stronger diversity and inclusion strategies within the workplace, especially in the FinTech sector. These leaders, consisting of Ashton Montg
Scotland’s onshore GDP contracted by 0.5% in April, according to statistics announced by the Chief Statistician.
Scotland has witnessed a surge in new businesses, with over 3,200 start-ups registered in May 2023, according to research conducted by R3, the UK's insolvency and restructuring trade body. This figure, obtained from Creditsafe data analysis, was 229 firms higher than the previous month's total of 3,