Accountancy firm Douglas Home & Co has warned that up to half of farm businesses could see profits wiped out entirely within three years as a result of subsidy changes. As part of Brexit, the Basic Payment Scheme is being phased out between 2021 and 2028, meaning farmers could lose between 50-70
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Scottish law firm Macdonald Henderson has announced six hires and two senior promotions.
Edinburgh-based Mara Seaweed will benefit from over £600,000 in Scottish Government funding aimed at supporting the sustainable development of Scotland's "blue economy". Mara Seaweed will use the funding to increase its processing facility and explore new markets.
Three company directors have been banned following investigations which found that nearly £100,000 worth of Bounce Back loans had been inappropriately applied for, or misused. The UK government's Bounce Back Loan (BBL) scheme ran to March 2021 and provided loans of up £50,000 to help bus
A man who allegedly obtained a fraudulent Covid-19 business loan and used it to buy a rare Pokémon card is facing prosecution.
Edinburgh-based Par Equity has announced a multi-million pound investment in Artus, a designer and supplier of innovative HVAC (heating, ventilation and air conditioning) solutions. The new investment will be used to build awareness of Artus, develop the product portfolio and to grow the business gl
One in three (31%) mid-market businesses believe the increased tax burden is a top threat to future growth, according to a survey ahead of the Chancellor’s Autumn Statement. The findings from business advisory group Grant Thornton show that the increased tax burden is considered as big a threa
Dr Stuart Black has been unveiled as the next chief executive of development agency Highlands and Islands Enterprise (HIE). Taking up the post in January 2022, Dr Black has led the economic and community development agency’s Moray team since February 2020. Earlier this year, he took on ad
Law firm Aberdein Considine has made a number of senior appointments to its lender services practice group (LSPG) including the hire of a banking and compliance specialist. George McNaughton has joined the firm as the head of compliance for the firm's LSPG following a 30 year career in banking and f
Scottish retail sales should "regather some momentum" over the next few months, particularly in clothing as the winter weather sets in, Barclays has said. The latest retail sales data from the Office of National Statistics (ONS) shows a slight fall in retail sales across the UK last month.
The Highland Council demonstrated sound financial management during a challenging financial year, an external audit by Grant Thornton has concluded. Auditors found that the council had improved financial performance, significantly improving the reserve position, and had made good progress on recomme
Scotland’s international exports increased by 3.4% in 2019, according to new figures. Exports to the rest of the UK also increased, by 5%, according to Export Statistics Scotland 2019, which provides estimates of the cash value of Scotland’s exports of goods and services (excluding oil a
Financial results for Scottish law firm Gillespie Macandrew confirm the business delivered another strong year overall despite the disruption caused by the pandemic. Revenue for the year ending 28 February 2021 was £13.5m (2020 - £14.4m), having been adversely affected in the initial few
Bellway has said it is "enjoying a particularly strong performance" in Scotland after the housebuilder reported a massive increase in profits and home completions.
A planning application for a new £33.8 million leisure-led development at West Kinfauns has been submitted to Perth and Kinross Council.