Accountancy and business advisory firm Johnston Carmichael has appointed Stephen Oates as its new head of entrepreneurial taxes. Mr Oates, who joins Johnston Carmichael from French Duncan, has more than 17 years’ experience in tax, with significant expertise in working with owner-managed busin
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Fife-based convenience retailer Greens Retail has received a £1.3 million funding package from HSBC UK which has allowed it to its business across Scotland.
New data has shown that the average amount owed to small businesses in late payments has risen to £22,700 in May 2022, up from £21,400 in 2021, according to Intuit QuickBooks late payments bulletin. This is a 6% year on year increase and the almost £23k average works out to 65
The number of alleged fraud cases exceeding £100,000 has risen dramatically in the first half of 2022, according to KPMG UK’s latest fraud barometer. A total of 14 cases with a total value of £14 million reached Scottish courts in the first six months of the year &nd
Aberdeen Retail 1 Limited and Aberdeen Retail 2 Limited, the Guernsey-based owners and operators of the Bon Accord shopping centre in the centre of Aberdeen, have been placed in administration.
Measures to protect living standards, assist retailers to keep down shop prices, and help retail destinations rebound should be at the heart of the upcoming Scottish Budget, according to the Scottish Retail Consortium (SRC).
Finance leaders have welcomed a statement issued by deputy first minister John Swinney today, committing both the Scottish Government and one of Scotland's biggest industries to maintaining close collaboration aimed at tackling the "rapidly escalating" cost crisis for households and businesses. The
Dundee-based printing business Tayprint Ltd has been placed into liquidation. Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint provisional liquidators.
Marsh Commercial, a UK insurance broker and risk advisor, has appointed Neil Murray as head of office in Dundee. Mr Murray, who has been in the industry for 23 years, will report to Martin McKenna, regional director – Scotland (Central), Marsh Commercial. His appointment comes alongside the Du
Business confidence in Scotland fell 11 points during August to 5%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies across the country reported lower confidence in their own business prospects month-on-month, down 29 points at 3%. When taken alongside
French tax authorities have benefitted from new artificial intelligence (AI) technology bringing in an extra €10 million (£8.5m) in tax revenue. The AI technology, developed by Google and Capgemini, was used to detect undeclared swimming pools in France. It was being trialled in the regio
New research predicts that the economy will go into recession before the end of the year, lasting until 2024, and that inflation could double, reaching a peak of 22.4% early next year. The research from American investment bank, Goldman Sachs, has projected higher inflation levels than Citi bank's f
Clyde Munro has struck a deal and acquired two Edinburgh dental practices for an undisclosed sum. The deal was made with married dentists, Duncan Sandland and Suzanne Seaton, to acquire their Colinton Dental and Riccarton Dental practices after nearly two decades in charge.
DataVita has announced plans to invest £8 million to expand the capacity of its flagship Fortis data centre. The Scottish data centre and multi-cloud services provider will add an extra 400 racks to its data centre, taking Fortis up to 1,500 sq. m. of technical space. The expansion also opens
Progress has been made towards recovering £21 million in illicit gains made by the former director of Midas Financial Solutions, who scammed investors out of £13m, the High Court in Edinburgh has heard. The legal bid to recover the £21m came from prosecutors who are trying to seize