News

Car dealership Peoples Limited has reported a 75% decrease in profit before taxation, falling to £1.28m from £5.15m in the previous year.

Graham’s The Family Dairy has reported a dip in annual profits after making a strategic decision to absorb soaring operational costs rather than passing them fully onto consumers. For the financial year, pre-tax operating profit fell to £2.6 million, down from £4.5m in 2024. Howeve

Scotland’s newly announced target of growing its innovation-driven life sciences sector to £25 billion by 2035 is "proportionate and achievable with the right support", according to a formal NHS partner. The Scottish Government’s refreshed Life Sciences Strategy has set out steps t

Law firm Gillespie Macandrew has expanded its private client & tax team with the appointment of Kelley Thomson as tax senior. Based in the firm's Glasgow office, Ms Thomson joins from a Big Four firm, bringing extensive expertise in tax analysis and compliance to the role.

Legislation to correct an error in law for owners of unoccupied properties’ liability to pay non-domestic rates has been passed. The Non-Domestic Rates (Liability for Unoccupied Properties) (Scotland) Bill applies the necessary changes retrospectively for all levies charged since April 2023.

Public sector financial leadership has to navigate a complex and high stakes environment markedly different from a decade ago. In a research paper ACCA (the Association of Chartered Certified Accountants) sets outs five key principles driving finance professionals in leadership roles.

The founders of Glasgow-based energy services firm, Union Technical, are flying the flag for Scotland after being named Scottish regional winners at this year’s EY Entrepreneur of the Year UK Awards. This recognition highlights exceptional leadership from Michael Sweeney and Owen Coyle, as wel

Soup company Campbell's has canned a senior staff member who allegedly described their products as "s**t for f***ing poor people". The company is facing a lawsuit in the US from a former employee who says he was sacked for reporting the foul-mouthed tirade.

The Insolvency Service has welcomed a £25 million investment announced by Chancellor Rachel Reeves in the Budget, aimed at cracking down on rogue company directors. Spread over the next five years, the funding will establish a new Abusive Phoenixism Taskforce. This specialised unit will be sta

The UK government is set to launch a consultation in early 2026 regarding the future of the Lifetime ISA (LISA), signalling an intention to replace the current scheme with a new, simpler product aimed at first-time buyers. According to Budget 2025 documents, the move is designed to untangle the comp

Macfarlane Group PLC, the Glasgow-headquartered packaging distributor and manufacturer, has confirmed it remains on course to meet market expectations for the year ending 31 December 2025. The board anticipates an adjusted operating profit in line with the market consensus of £19.1 million.

Chancellor Rachel Reeves’s Autumn Budget has drawn a sharp intake of breath from Scotland’s financial and business community.

Scottish Land & Estates (SLE) has said the UK government's Autumn Budget offers little meaningful support to unlock the growth potential of rural Scotland. Ahead of the Budget, SLE wrote to the Chancellor, Rachel Reeves MP, urging targeted measures to ease pressures on rural businesses – i

Charlotte Cook hopes to make Uile-bheist Brewery in Inverness a true beer "destination" after being appointed new Head Brewer at the £7.5 million distillery and brewery. Ms Cook, who started out at Brewdog, takes over from Lukas Pretzer, who has returned to Germany to work for Kaspar Schulz, a

Taxi and private hire fares are set to rise significantly as a result of changes in the Autumn Budget which will impose VAT at 20% on most taxi private vehicle hire fares from the start of 2026, writes Greg McNally. The change is expected to raise approximately £700 million a year. It effectiv