News

The annual report of the HMRC Charter, released today, has revealed that poor service levels are hampering HMRC's ability to achieve its Charter standards, according to the Chartered Institute of Taxation (CIOT) and the Institute of Chartered Accountants of Scotland (ICAS). Both institutions are mem

Joint liquidators from FRP Advisory have been appointed to Midnight Sun Festivals Limited, the promoter of the festival of the same name. The festival was slated to take place in Stornoway from 25 to 27 May, but was cancelled due to a slew of unforeseen operational and logistical challenges. The fir

Scottish Dental Care has appointed Donna McBurnie as its new finance director. Ms McBurnie, with over two decades of experience in financial roles across various sectors, including drinks retail, hospitality, and banking, brings a wealth of expertise in financial analysis, budgeting, and risk manage

An Apple iPhone from 2007 has sold for $190,000 at auction. The first edition unopened 4GB model was sold by LCG Auctions in the US, attracting 27 bids and selling at nearly 400 times its original price.

Chris Tate, a restructuring and recovery expert at Azets, has said that new financial pressures are continuing to drive business failures across the UK, with the hospitality sector most vulnerable to stubbornly high inflation – causing a "perfect storm to brew". The warning comes as new monthl

Finance provider Bibby Financial Services (BFS) has appointed Gayle Robertson as business development manager as it continues to drive new business volumes throughout Scotland. With almost two decades of experience in banking and commercial finance, Gayle Robertson joins from Lloyds Banking Group wh

A former lawyer who embezzled £120,000 from a pensioner suffering from dementia and living in a nursing home has been jailed for two years.

The Royal Bank of Scotland is inviting ambitious entrepreneurs and business owners to apply for a place on its Entrepreneur Accelerator Hub. The bank is currently accepting applications to its fully funded support programme for Scottish businesses looking to scale and succeed.

Emblation, the Alloa-based health-tech innovator is undertaking a rigorous clinical trial which could transform the fortunes of its microwave treatments in the US. Emblation’s Swift® device is already being used by more than 1000 clinicians across the States, but the new trials should see

An aircraft pilot who posed as a lawyer because he wanted a career change has been fined more than £2,300. During a short-lived fake legal career, Nathaniel Whitehall appeared in court, signed documents describing himself as a solicitor and prepared wills for clients.

The Cyber and Fraud Centre – Scotland has added six new partners to its Incident Response network, including two law firms, as it issues a warning to organisations to have plans in place for cyberattacks. Anderson Strathern and Burness Paull join the specialised Incident Response Cadre, along

Potential changes to the council tax system that could see those in the highest value properties asked to pay more if they can afford to have been published. A joint consultation with COSLA is seeking views on plans to increase the amount paid by people in bands E, F, G and H. This aims to address c

In celebrating its 10th anniversary, Auction House Scotland is poised to host its 75th in-room auction. Established in 2013 by property investor Ross Harper, it is part of the Auction House UK franchise. Over the years, the company has sold more than 1,800 lots, raising over £119.7 million for

OakNorth Bank, the entrepreneurial neobank, has recently extended its operations into Scotland, setting up a new office on Glasgow's George Square, and has appointed a new senior director of debt finance and associate debt finance director. Recognised for its unique approach to lending, the bank has

Moray-based LH Stainless Ltd (LHS), a processing equipment manufacturer for the distilling industry, has secured an investment of up to £149,000 from Highlands and Islands Enterprise (HIE), facilitating an ambitious £745,000 expansion project.