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The Scotch Whisky Association (SWA) has slammed the decision by the Chancellor to raise duty on Scotch Whisky by 10.1%, in one of the largest tax hikes in recent decades, and further increase the competitive disadvantage faced by spirits. In the budget, the Chancellor increased duty across all four

In today's Spring Budget announcement, the Chancellor of the Exchequer, Jeremy Hunt, did not reveal many surprises as expected policies were confirmed. The Chancellor began his speech by noting that the UK economy will not enter a "technical recession this year" saying that “our plan is workin

The operating company of Airth Castle Hotel has decided to go into voluntary liquidation. A spokesperson for the firm revealed that the operating company suffered financially due to the impacts of the pandemic "as the hotel was forced to close for an extended period". This was followed by rising ene

Redmill Advance has launched its new CPD (continuing professional development) reporting tool, AdvanceCPD, which has been in development over the last several months. In early 2023 Advance made the decision to invest into building a new proprietary CPD reporting tool. As a natural evolution in the d

Deanestor, a Dunfermline-based furniture and fitout specialist, has announced a record order intake of around £24 million in the last six months. The business is now anticipating its highest ever turnover in 2023, which is projected to rise to £22m. This will be an increase of £2.8

PwC formed a global alliance with artificial intelligence (AI) startup Harvey, providing PwC’s Tax & Legal Services (TLS) professionals worldwide access to the AI platform. Harvey, which is backed by the OpenAI Startup Fund, is built on OpenAI and Chat GPT technology. It is a platform that

Binance, the world's largest crypto exchange platform, has announced it will be suspending sterling deposits and withdrawals after its UK partner, Paysafe, ended its service agreement.

Successful Scottish businessman and the founder of stock market listed group Smart Metering Systems is to make the largest single investment in Scottish basketball history, as part of a £20 million new basketball arena project for the Caledonia Gladiators. Steve Timoney and wife Alison today a

CodeBase, along with partners Legal Geek, the global community of legal professionals, have been awarded £3 million in the form of the Ministry of Justice's (MoJ) Lawtech grant.

Concerns have been raised by Audit Scotland over the final costs and completion dates of two delayed lifeline ferries, Glen Sannox (801) and vessel 802 as well as over the payment of performance bonuses to senior managers at Ferguson Marine Port Glasgow. In total, the two vessels are currently estim

Burges Salmon has advised Craigard Care Limited and its joint administrators, Tom MacLennan and Graham Smith of FRP Advisory, on the pre-pack sales of Craigard Care’s business and assets, as operated from three care homes based in the North East of Scotland. Each of the sales is expected to fu

Professional accountants must help drive the migration to sustainable economies and businesses by becoming experts in green finance, according to the latest report from ACCA (the Association of Chartered Certified Accountants) — Green finance skills: the guide.

The former director of Midas Financial Solutions has been ordered to hand over only £814.35 despite having made more than £13 million from his Ponzi scheme. Scottish businessman Alistair Greig, 69, originally from Cairnbulg in Aberdeenshire, who is currently serving a ten-year priso

Davidson & Robertson (D&R), the firm of rural surveyors and consultants with offices across Scotland and Northern England, has strengthened its team with the senior appointment of Graeme Ferguson as a director within its Rural and Agency department. Mr Ferguson joins D&R with over 20 yea

Law firm Gunnercooke has strengthened its Scottish presence to six partners, with the appointments of Katy Wedderburn and Alex Innes. Mr Innes joins as a banking & finance partner, with more than 30 years of experience advising clients in England, Wales and Scotland. He is a dual qualified lawye