News

Azets has promoted Aberdeen-based audit director Matthew Allan to Partner in a move designed to support growth plans. Mr Allan, who steps up with ambitions to build the firm’s profile across the north east of Scotland, joined the accountancy and business advisory company in June 2021 as an ass

Fraser Wilson has been appointed as PwC’s new market leader for Scotland. Two new Edinburgh-based partners have also been announced by the company.

More than 580,000 people who should have registered for Making Tax Digital (MTD) for Income Tax have failed to do so. Responding to a Freedom of Information (FOI) request from Azets, the UK’s specialist business advisor to SMEs, HMRC data shows that 864,000 individuals and landlords should hav

A new British business investment visa (BBIV) aimed at high net worth individuals could add £900 million to the UK economy each year. Under proposals revealed today by the Institute for Public Policy Research (IPPR), applicants would invest £5 million over the lifetime of the visa made u

The National Employment Savings Trust (NEST) is planning to invest up to £1bn in venture capital by 2030 as part of a new strategy. The change in tact by the UK’s largest workplace pension scheme will see a stronger focus on unlisted UK companies.

The first half of 2026 has been a positive period for the UK IPO market, with the amount raised through market debuts more than trebling compared with the previous year. An EY report released today showed that seven IPOs took place, comprising three on the main market and four on AIM, raising a tota

Nationwide has underlined its commitment to Scotland as it expands its presence at Glasgow’s largest office building. From spring 2027, Nationwide will take a further two floors of office space at 177 Bothwell Street - bringing the total to five - with around 3000 staff based there as it grows

A UK government-backed initiative to improve access to finance for women-led businesses has grown from just 12 signatories in 2019 to more than 330 organisations today. The Investing in Women Code has been backed by most major UK retail banks, venture capital firms, angel investors and lenders, with

Fairstone is expanding its presence in Scotland with the acquisition of two firms and the opening of a new hub office in the Aberdeen area. The fast-growing wealth management group has bought independent financial advice firms City Gate Aberdeen and Albyn Associates, both of whom are based in A

Proposals to introduce higher council tax bands for Scotland’s most expensive homes have sparked debate over their potential impact on homeowners and the property market. The Scottish Government has launched a consultation on plans to create two new council tax bands for homes valued at more t

A tennis racket famously smashed by John McEnroe during his playing career is expected to sell for up to £5,000 at auction later this month.

Glasgow-based electrical contractor BGL Contracts Limited has entered administration, resulting in the loss of all 40 jobs after facing mounting financial pressures. The firm, which has operated for almost 20 years, appointed Interpath managing directors Alistair McAlinden and Geoff Jacobs as joint

Britain's financial watchdog is considering whether general-purpose artificial intelligence tools such as ChatGPT, Claude and Gemini should come under regulatory oversight as they play an increasingly important role in consumers' financial decisions.

Business volumes in the financial services sector dropped at a rapid pace in the three months to June, following a temporary recovery in Q1, according to the latest CBI survey on the sector. The quarterly poll also found that sentiment among FS firms fell, as profitability contracted at a steep rat

An Edinburgh family got rather more than they bargained for while clearing out their home after discovering a forgotten collection of antique silver hidden away in the attic. The haul of more than 100 British and continental silver pieces, dating from the early 18th to the early 20th centuries, had