News

HMRC has recently updated its Making Tax Digital (MTD) guidance to reflect that, from 1 April 2022, all businesses registered for VAT in the UK will need to comply with MTD and file their VAT returns through functionally compatible software that links to HMRC’s API platform, according to chart

Cadogan Street in Glasgow’s International Financial Services District (IFSD) is to receive at least £1 million of public realm improvements after it was revealed that investors are being put off by the street's poor condition. It is hoped that work will start in autumn this year and will

Two Glasgow pubs have received £1 million in funding from Heineken, enabling them to make vital refurbishments which will allow them to emerge from the coronavirus pandemic in a stronger position. The Princess in Riddrie and The Drum in Shettleston have revamped their interiors and are looking

Whisky giant Diageo, which owns Guinness and Johnnie Walker, has seen its half-year profits almost halve to £2.1 billion in the year to June 30 as the firm has hit by the closure of pubs and restaurants in the wake of the coronavirus pandemic. The firm's shares dropped by 5.9% t

A round-up of business news from across Scotland featuring: CleanTEC's £20,000 premises investment, The opening of this year's Business Women Scotland Business Awards, Complete Weed Control's new jobs and lucrative contract wins, VeriCall's lease agreement with Fife Council and 

Gold prices broke through $2,000 an ounce for the first time yesterday as investors continued to seek a safe haven amid doubts over the dollar. 

Graham Newton and Ryan Grant of BDO LLP have been appointed joint administrators of Dave Whelan Sports Limited (DW Sports). DW Sports currently operates 73 gym and 50 retail sites in the UK, 25 of the stores have already closed prior to the firm's administration.

UK new car registrations rose for the first time this year as pent-up demand from the coronavirus lockdown helps to lift the market, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT).

The Financial Conduct Authority (FCA) is consulting on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds. The new rules as proposed would require investors to give notice – potentially of up to 180 days - before their investment is

The final manuscript for the classic film Breakfast at Tiffany's, starring Audrey Hepburn, has sold at an auction for £377,000.  The typescript, covered in Truman Capote’s handwritten edits, sold to an anonymous buyer at Sotheby’s London for more than double the pre-

EY in Scotland has welcomed Moray Barber to the firm as a tax partner based in Aberdeen who will primarily serve the energy sector. His appointment follows that of Duncan Reoch as associate partner who joined in March. Mr Barber has more than 20 years of experience supporting clients with complex ta

Venture Capital (VC) investment in Scottish scale-ups remained robust and resilient in the second quarter of 2020, as the number of deals increased during lockdown despite growing economic and political uncertainty. The latest data from KPMG Private Enterprise’s Global Venture Pulse Survey rev

Glenrothes-based timber specialist, James Donaldson and Sons Ltd (JDS), has appointed Arlene Cairns as its new chief financial officer.  Taking up her new role yesterday, Ms Cairns joins from Aviva, where she was chief finance operations officer responsible for leading globa

Scotland’s leading responsible finance provider, Social Investment Scotland (SIS) has appointed three senior non-executive directors in support of its new ten-year strategy to build an impact economy. The appointments of Claire Treacy, Sheila Fazal, and Collette Norval, will support the delive

Brodies LLP has continued to make progress for the year to 30 April 2020, reporting a 7% increase in turnover to £82.0m (2018/19: £76.9m). This amounts to 20% growth in the last two years and marks the tenth consecutive year of progress for the firm. Profits before partner distributions