News

The growth strategy of Wbg to double its fee income to £30m in three years and £50m in five has fuelled a record trainee intake, investment in career development and a targeted recruitment drive across its business. Last month saw a doubling of the normal trainee intake joining the firm,

The UK government is faced with a future of difficult tax choices, with an increased likelihood of tax rises to combat mounting public spending pressures and sluggish economic growth, according to KPMG.

Glasgow-based plant machinery specialist Scot JCB (Holdings) has reported a near 30% fall in pre-tax profits to £3.64 million for the year ending 31 December 2024.

The UK's first Vagina Museum has suspended merchandise sales to the United States, citing prohibitive costs caused by new American trade tariffs. The London-based museum, which raises crucial funds through its online shop, said a 10% baseline tariff has made shipping its products "untenable". Items

Motor insurers have changed their settlement and compensation practices after the Financial Conduct Authority (FCA) found some insurers had short-changed customers on stolen or written off vehicle claims.  It means that an estimated 270,000 motorists are expected to receive £200 million i

Scottish Building Society has renewed and expanded its partnership with Edinburgh Rugby for a further two years. The Society, which has proudly served as Edinburgh Rugby’s main club partner for the past four years, will now extend its backing to cover both the women’s and an expanded pro

A former interim head of the Institute of Directors (IoD) has been disqualified from acting as a company director for 11 years over the abuse of the Covid Bounce Back Loan Scheme.

The Scottish Government is consulting on proposals to modernise the law on compulsory purchase. The proposals would update laws dating back almost two centuries, making them "more useful for public bodies", while also being "fairer to property owners".

An appeal against a decision that VAT was chargeable on investment fund success fees that became payable after the investment adviser left the VAT group of the company holding the fund has been unanimously dismissed by the Supreme Court. The Prudential Assurance Company Ltd argued that no VAT was ch

UK government borrowing soared to £83.8 billion in the first five months of the fiscal year, the highest for this period in the last five years.

Inheritance tax (IHT) is on course for a record-breaking year, with HM Revenue & Customs (HMRC) collecting £3.7 billion in the first five months of the 2025/26 tax year – around £200 million more than the same period last year.

As Scotland’s Land and Buildings Transaction Tax (LBTT) marks its 10th anniversary, property firm Rettie’s research team has calculated that LBTT revenue has reached a total of £4.6 billion, with over one million total returns received.

More than 30 trainees have taken up roles with Glasgow-based accountancy firm Armstrong Watson, marking its largest intake of Level 4 apprentices to date. The business, which was ranked 29th in The Sunday Times Top 100 Apprenticeship Employers for 2025, has a long commitment to nurturing future tale

Scottish company insolvencies fell by 7% in August 2025 compared to the same month last year, with a total of 95 businesses collapsing. The figure was comprised of 47 creditors' voluntary liquidations (CVLs), 43 compulsory liquidations, and five administrations. The overall insolvency rate for the 1

The Royal Mint has rolled the dice on nostalgia, announcing a collectible 50p coin to celebrate nine decades of MONOPOLY. In partnership with the game's owner, Hasbro, this marks the first time a board game has been celebrated on an official UK coin.