News

Scots wind energy specialists Edge Solutions have boosted their team with the appointment of Stuart MacLean and Richard Scullion in advance of a £2 million funding round. Mr MacLean, a former senior partner in M&A and corporate finance at law major CMS, becomes head of corporate developmen

Two of the world's richest men have agreed to an extraordinary showdown – a cage match. SpaceX and Tesla titan Elon Musk, and Meta mogul Mark Zuckerberg, have mutually agreed to fight each other after Musk sparked the idea on Twitter.

Quality Meat Scotland (QMS) has unveiled a five-year plan to strengthen Scotland's position as the 'go-to' choice for premium red meat worldwide. The strategy, launched at QMS's annual industry breakfast briefing at the Royal Highland Show, builds on the Scottish red meat industry's impressive perfo

HMRC has levied fines on 184,000 individuals earning less than £12,570 annually for failing to file self-assessment tax forms in a timely manner, during the 2020-21 financial year. This income level exempts people from income tax, yet over 180,000 low-income individuals were penalised despite

Jupiter Artland, the 100-acre sculpture park situated in West Edinburgh, has secured approval for a new gallery and visitor centre, set to bolster its sustainability. The new facility will function as the park's primary entrance and will facilitate the extension of its educational programmes and fre

Aberdeenshire-headquartered services provider to the energy sector, AquaTerra Group, has revealed two developments that are expected to double its annual turnover to £14 million. These advances include the introduction of a bespoke non-destructive testing (NDT) reporting software and the estab

Ken Pattullo and Kenny Craig of Begbies Traynor have taken the helm as joint provisional liquidators of Dundee-based property development firm, Alicydon Limited, after it fell into provisional liquidation on 20 June 2023. The company, which specialised in property redevelopment, had successfully sec

VAT expert Iain Masterton has warned that escalating costs driven by inflation could jeopardise the survival of smaller businesses by pushing them over the current VAT threshold. As the head of VAT at accountancy and advisory firm CT, Mr Masterton raises concern over the additional VAT bur

Cyber and Fraud Centre – Scotland has announced the appointments of four new trustees.

Tech-enabled business critical services group, AAB, has made key shifts in its leadership team following a period of strong growth. The reshuffle sees Malachy McLernon, corporate tax partner, appointed as head of corporate and indirect tax, succeeding Neil Dinnes who transitions into the newly minte

Holyrood has launched a public consultation on the Visitor Levy (Scotland) Bill, proposed legislation that would allow local authorities to impose an additional charge on overnight accommodations, such as hotels and bed & breakfasts.

The HM Revenue and Customs (HMRC) has reported that the UK tax gap remains steady at 4.8% for the second consecutive year, indicating the difference between the total expected and actual tax paid. In monetary terms, the gap increased from £31 billion in the 2020-2021 tax year to £36bn in

The Flodigarry Hotel on the Isle of Skye has brought to market by Colliers with offers starting at £3.5 million.

Two lawyers and a law firm who cited fake court cases generated by ChatGPT have been fined $5,000 (£3,900). Judge P. Kevin Castel, in Manhattan, said there was nothing "inherently improper" about using AI to help write a legal filing, but lawyers have a responsibility to ensure their accuracy.

Aberdeen-based SugarBird Wines has been unveiled as the preferred bidder for the Burns Pavilion at Union Terrace Gardens, signalling an exciting expansion for the West End business. The company, known for its high-quality global wine selection, plans to utilise the new venue for its second wine bar.