Amid speculation of an impending capital gains tax (CGT) hike in the upcoming Autumn Budget, Scottish business owners have accelerated sales and merger negotiations to finalise deals before any potential changes take effect, according to Lindsays. Chancellor Rachel Reeves has so far refused to rule
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A charity manager who fraudulently obtained more than £95,000 from two cancer foundations and channelled the cash into family bank accounts over a period of 10 years has been jailed for three years. Lindsay MacCallum, 61, fraudulently obtained £85,978.48 from the Friends of Rainbow Valle
Andrew Tweedie has been appointed to the newly created role of chief financial officer (CFO) at Bancon Group, as the Aberdeenshire-based business reshapes its leadership team with several appointments. As part of the new leadership structure, Bob McAlpine has also been appointed executive chairman,
Sotheby’s and Chivas Brothers, maker of The Glenlivet and Aberlour, have entered a long-term partnership to bring highly aged, one-off creations to auction. Each individual lot will feature a never-before-released Scotch whisky from the Chivas Brothers portfolio.
A tax advisory company has lost a claim raised against a fruit and vegetable wholesaler that engaged its services after a sheriff ruled that a purported £9,600 “cancellation fee” said to be part of the company’s standard terms had not been incorporated into the contract betwe
Summerhall, the Edinburgh Fringe venue facing closure earlier this year, has been issued a winding-up petition by HMRC for unpaid corporation tax. Founder Robert McDowell disputes the claim, stating that tax is only owed on profits and not on investments and asset sales.
PwC has announced it is relocating its Glasgow office to the newly refurbished Aurora building on Bothwell Street in 2025. The firm’s 488 people based in Glasgow will move from the current office also situated on Bothwell Street.
Accountants Plus has acquired part of fellow Hamilton-based accountancy and business advisory firm John Di Mambro & Co. This is the fourth acquisition for Accountants Plus, bringing its headcount to 35. The move reinforces its growth strategy to enhance its service offerings, broaden its client
Edinburgh office prices are likely to rise in the coming years due to a "quiet construction pipeline", property services firm JLL has said.
SimpsInns, the hospitality group behind Ayrshire's Waterside Hotel, is set to begin construction work to launch a new £3 million sea view spa in spring 2025.
SCOT JCB, the Glasgow-based plant machinery specialist, has reported a 14.6% drop in pre-tax profits to £5.19 million for the year ending 31 December 2023.
Campion Homes has posted strong financial results for the year ended 30 June 2024, with a 122% increase in gross profit to £7.6 million and a 24% rise in turnover to £45m. Net assets also increased by £2.2m to £12.7m. This follows a steady level of private house sales and con
Nvidia CEO Jensen Huang's net worth has surpassed that of long-time competitor Intel's market cap, reaching around $109 billion (c. £83bn), over $10bn (c. £7.6bn) higher than Intel's $96bn (c. £73bn) market capitalisation. This situation has led to speculation, albeit mostly humoro
Aberdeenshire-headquartered integrated services provider AquaTerra Group has surpassed £3 million in revenue from renewable energy contracts. This success follows its first renewables project in 2020, which involved the hook-up and commissioning of the BorWin3 offshore substation in Germany. U
The UK and Scottish governments joined local leaders last week to mark ten years of the Glasgow City Region City Deal and to reflect on what has been achieved through the £1.13 billion of funding. One of the largest and the most advanced in the UK, Glasgow’s Deal has delivered a range of