News

AML Tax (UK) Limited, a firm owned by Scottish businessman Doug Barrowman, has been fined £150,000 for failing to provide HMRC with legally required information. The firm, which was part of Mr Barrowman's Isle of Man-based Knox Group, promoted tax avoidance schemes in the UK for years.

Pubs and restaurants in Australia could face a $220,00 fine if staff are caught pouring pints incorrectly. Undercover staff from the Australian Government department named the National Measurement Institute (NMI) will be placed in venues across Australia this week to monitor if staff are pouring the

CAM Ventures, a Scottish micro-investment firm established in the summer of 2021 has launched Angels Dare, a ready-to-drink cocktails brand.

Glasgow-based estate agent and solicitors Pacitti Jones has acquired Linlithgow and Grangemouth-based RGM Solicitors. The acquisition means the firm will increase its business operations by a third.

The new-build BioHub project set to accelerate the growth of pioneering life sciences companies in Aberdeen has received a £2 million funding boost from Scottish Enterprise.

Aberdein Considine has strengthened its Lender Services Practice Group (LSPG) with the appointment of a new partner and two lawyers. Neil Patterson has been appointed a partner in the firm’s Banking Litigation team (part of LSPG) and he will be working with financial services organisations acr

The post-pandemic hunt for ‘best in class’ offices will unlock refurbishment opportunities of Grade B/ C stock in key UK cities in 2022, with associated rents setting new highs when complete, according to new research from Savills. In order to satisfy demand, and against a backdrop of li

The Bank of England has increased the interest rate for the third time in four months, with rates rising from 0.5% to 0.75%. The increase means that rates are now at their highest level since March 2020, when COVID-19 lockdowns were first implemented.

P&O Ferries is facing increasing criticism after the company sacked 800 of its employees yesterday, without giving them any notice. The UK Government has since said it would review its contracts with the firm after the decision was announced.

Grant Thornton UK's Corporate Finance team has advised on its second Scottish EdTech deal in as many weeks, as Giglets Education has been acquired by Swedish private equity-backed ILT Education.

Scottish-headquartered holiday rentals business ClearWater Retreats has launched a new reforestation and rewilding programme that will enable UK SMEs to purchase affordable woodland as part of their efforts to offset carbon and tackle climate change.

Property investment and development company CEG has managed the acquisition of 33 Cadogan Street in the heart of the central business district of Glasgow.

The Scottish Conservatives have revealed plans for an ‘Open the Books Bill’ to increase the financial transparency of the Scottish Government.

Auction houses Christie's, Sotheby's and Bonhams have cancelled sales of Russian art. Auctions were due to take place in London in June and November, in a period known as "Russian Art Week".

Scottish consumers are set to spend an extra £1,100 on energy and food due over the next year, due to cost the of living crisis, according to the latest Consumers in Scotland report conducted by consumer champion Which?. Which? carried out extensive research with more than 1,000 people in Scot