News

Members of Johnston Carmichael’s Dundee office laced up their boots for children’s charity The Archie Foundation at last weekend’s Kiltwalk in the city.

KPMG Australia has developed a sophisticated AI agent that prepares complex tax advice in a single day – a task that previously took human teams two weeks. The 'agentic' AI system was built using a colossal 100-page prompt, marking a significant leap in the firm's adoption of artificial intell

Paul Weller, musician and former frontman of The Jam and the Style Council, has launched legal action against his former accountants after they resigned because he publicly accused Israel of genocide in Gaza. Mr Weller was a client of Leigh Genis of Harris and Trotter LLP for more than 30 years, unt

A judge has criticised a taxpayer for using an artificial intelligence chatbot to argue his case in court after it "hallucinated" non-existent legal precedents. Marc Gunnarsson used AI to help prepare his legal submissions when appealing a decision by HM Revenue and Customs (HMRC). The tax authority

Melinda Illes, director of property sales at estate and lettings agency DJ Alexander, hosted the ‘Against All Odds’ event at the firms’ Edinburgh office reflecting the history and importance of Scottish women’s football. It was attended by Rose Reilly, former Scottish and Ita

Global integrated energy services partner Kent, has signed a binding agreement to acquire Aberdeen-based Exceed (XCD) Holdings Limited, a provider of well management, sub surface and decommissioning engineering services.

Scottish property portal ESPC is opening the doors of its new Property Lounge on George Street to host a brand-new series of free, expert-led events designed to help buyers, sellers, and landlords make confident property decisions. The ESPC Property Lounge events will bring together solicitors, mort

Buccleuch Property has completed the sale of a high-profile car showroom investment at 22 Seafield Road East, Edinburgh, to Arnold Clark for £2.725 million, reflecting a net initial yield of 6.87%. Originally acquired by Buccleuch in 2019, the 20,031 sq ft showroom sits on a 1.15-acre site and

The Scottish National Investment Bank (SNIB) has reported an unrealised paper loss of £77 million in its latest annual report, attributing the figure to valuation changes across its portfolio in a “challenging economic context". Despite the loss, the taxpayer-owned bank highlighted its o

Margaret Duffus Leasing, a heritage lettings agency based in Aberdeen, has joined Lomond under the stewardship of its DJ Alexander brand. DJ Alexander already covers the major cities including Edinburgh, Glasgow, Aberdeen and Dundee. This latest purchase will see the firm increase its geographic cov

Business owners are at risk of being fined for incorrect Capital Gains Tax payments due to an issue with HMRC’s software, a tax specialist has warned. John Kean, a private client tax partner based in the Edinburgh office of Azets, is urging business owners to review their tax returns for the l

Two major airlines are being sued for allegedly misleading customers by offering window seats which don't have windows. Greenbaum Olbrantz LLP has filed proposed class action lawsuits against Delta Air Lines in New York and against United Airlines in California.

Average house prices in Scotland surged by 5.9% in the year to June 2025, reaching a provisional estimate of £192,000, according to the latest House Price Index.

Major commercial property investor Spectrum Properties has appointed Stephanie Roddie as a director. A business and accountancy graduate of the University of the Highlands and Islands in Inverness, Stephanie will be responsible for both the company’s extensive commercial property lettings port

Scotland has recorded one of the strongest upticks in startup activity in the UK in the first half of 2025, according to the latest New Startup Index from NatWest and Beauhurst.