News

The UK government is considering an update to the Direct Recovery of Debts (DRD) legislation that would enable HM Revenue & Customs (HMRC) to seize cryptoassets from businesses evading tax.

Renfrewshire Council is to form a Development Partnership LLP with Tarras Park Properties Ltd, part of Buccleuch Property, to secure investment into the Advanced Manufacturing Innovation District Scotland (AMIDS).

Helen Page, former chief brand officer of Clydesdale Bank owner Virgin Money UK, is set to join Edinburgh and Toronto-based Label Sessions as chair of the board. Label Sessions, a global platform with the mission to connect business leaders to "the best advice from the most interesting people", aims

Ellon-based Still Spirit has launched a new whisky cask warehouse, offering whisky enthusiasts a complete cask ownership experience. The £1 million facility houses over 2,000 casks and has been carefully developed to allow Still Spirit to offer a full suite of cask services to private cus

The Italian government is facing calls to crack down on "questionable mozzarella" made abroad and marketed as Italian. A product purporting to be sliced mozzarella, produced in Austria by a Chinese-headquarted company but featuring the Leaning Tower of Pisa on its packaging, has been reported to min

Canary Wharf Group (CWG) has entered into a 15-year power purchase agreement (PPA) with global asset manager and renewable energy provider Brookfield to buy clean energy and support the construction of a new wind farm in Scotland.

Perthshire-based Davidsons Chemists has acquired five new pharmacies from Lloyds across Tayside. The acquisition will see two new pharmacies in Dundee, in Menzieshill and Lochee, as well as units in Auterarder, Kirriemuir and Montrose.

Skipton Building Society is set to offer 100% loan-to-value (LTV) home loans for the first time since the 2008 financial crisis, targeting first-time buyers unable to save for a deposit.

Accountancy body the Association for Chartered Certified Accountants (ACCA) has called for improved reporting on poor payment practices and an extension of the power of the Small Business Commissioner (SBC), as part of action to tackle the crippling effect of late payment on small businesses. In its

A mobile luggage storage service has successfully expanded its operations to Glasgow after the business owner approached Business Gateway for support. Unbaggaged ensures secure, convenient and sustainable pick-up and drop-off for its customers’ luggage, which is all provided through a fleet of

New research released today from KPMG UK has revealed that 39% of consumers in Scotland think that the metaverse — a virtual-reality space in which users can interact with a computer-generated environment and other users — will become widely used in the next 10 years. The profe

The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Deloitte of the consolidated financial statements of Joules Group plc. The investigation concerns the audit conducted byt he Big Four firm for the year ended 30 May 2021.

Wylie & Bisset, accountants and business advisers, has announced a trio of promotions that sees tax director Shehzad Ashaq promoted to associate partner together with the promotions of Matthew McDermott to senior manager and Laura Caulfield to manager within the burgeoning Business Advisory Serv

Twenty-six years since the doors slammed shut on one of Australia’s most notorious prisons, the shackles of the past have been thrown off and HM Prison Pentridge has reopened as a billion-dollar dining and entertainment precinct just 8km from the Melbourne CBD. The redevelopment of the 170-yea

The Financial Conduct Authority (FCA) has teamed up with the South West Regional Organised Crime Unit, Yorkshire and Humber Regional Organised Crime Unit, and the Nottinghamshire Police force to intensify its crackdown on unregistered and illegal crypto ATMs.