News

Finance secretary Derek Mackay has confirmed that due to the UK General Election and the cancellation of the UK Government budget, it will not be possible to publish the Scottish Budget 2020-21 until after Christmas. The Scottish Budget 2020-21 was scheduled to take place on December 12. A new date

Detectives in Blackhall Colliery have thanked honest residents who have repeatedly handed in stacks of cash which keep turning up in their village.

The chief executive of HM Revenue & Customs (HMRC) has publicly denied that it made any mistakes when pursuing repayments from Rangers FC for unpaid tax. In a very unusual move, chief executive Jim Harra made a social media announcement to reject the claims made in The Times that mista

Scotland’s largest independent flooring retailer, Direct Flooring is poised for expansion with the support of a £1.5 million funding package from Bank of Scotland. Hillington’s Direct Flooring has acquired new premises in Perth and Glasgow, increasing the firm’s retail space

The value of Scotland’s property market is on course to top £18 billion for the second consecutive year – despite rising homeowner anxiety over Brexit, according to new figures from Aberdein Considine. The firm’s Property Monitor report found that sales hit £5.3bn durin

Administrators Blair Nimmo and Alistair McAlinden from KPMG have confirmed the flagship store of Scottish retailer Watt Brothers will close in mid-December. The fourth-generation family-owned business operated a chain of department stores throughout Scotland, before entering administration on Friday

Chartered accountant Wylie & Bisset has become the sole Scottish member and the exclusive representative for Glasgow of the Corporate Finance Network nationwide group of specialist corporate finance advisers. Consisting of selected accountancy firms and business advisors providing SMEs and owner

Glasgow-based Peebles Media Group has lost a court case where they had called for former employee Patricia Reilly to pay back £107,984 to the company. Ms Reilly lost her job at Peebles Media Group after she fell victim to a £200,000 email scam.

Shareholders from Lloyds Bank have lost a multi-million-pound claim against the bank over its purchase of HBOS in 2009. A total of 5,803 former Lloyds TSB shareholders claimed they were "mugged" when the bank recommended the deal without disclosing HBOS's true financial position which turned out to

Phoenix Group, Europe’s largest life and pensions consolidator, who also owns Standard Life Assurance, has today announced it has completed a £144 million bulk purchase annuity with the Trustee of the Aegon UK Staff Retirement and Death Benefit Scheme. The insurance policy covers around

Digital Six is expected to double its turnover from £750k to £1.5m in the next year, resulting in the creation of eight new jobs, thanks to support from organisations including Business Gateway Edinburgh. The award-winning company, whose clients include Lochcarron of Scotland, The W

Edinburgh has been named as one of the leading cities for rising luxury house prices in the Knight Frank Prime Global Cities Index.

Jings, crivvens and help ma boab! A very special, starry guest has taken up residence at Johnston Carmichael’s Dundee office. The constellation-themed sculpture, Oorius Wullius in the Night Sky, has been recently installed at the independent accountancy and business advisory firm’s premi

Audit, tax and consulting firm RSM has found that a quarter of middle-market firms don’t have a formal process in place to handle whistleblowing. This compares to 33% surveyed over two years ago, highlighting a rate of progress that RSM believes is too slow.

The Scottish Aquaculture Innovation Centre (SAIC) has received a £10 million five-year funding package from the Scottish Funding Council, Scottish Enterprise and Highlands and Islands Enterprise (HIE).