News

Harbour Energy's shares experienced a sharp decline on Thursday, falling by over 10%, following the announcement of an annual loss.

The UK government has today launched a two-month consultation to develop a phased transition plan for the North Sea energy sector, focusing on utilising existing infrastructure for new technologies like hydrogen, carbon capture, and renewables. As part of the plan the UK government has backed new in

Armstrong Watson has appointed Kirsty Wilson as tax director in its Glasgow office. With 25 years of experience in both in-house and practice roles, Ms Wilson brings significant expertise to the firm's corporate tax team in Scotland.

KPMG UK has made three key appointments to its corporate finance team in Scotland, following a recent national award win. Samantha O’Neill has been promoted to M&A associate director, recognising her significant contributions over more than eight years with the firm. Having worked across b

Scotland’s mid market and luxury hotels have continued to experience robust growth, as the cost-of-living dissipates and consumers upgrade their choice of hotel, with the budget market being hit the hardest, according to the RSM Hotels Tracker: Focus on Asset Classes. The data, which is compil

A husband-and-wife whose furniture company went into liquidation owing customers almost £100,000 have both been banned as company directors. George and Williamina Hay were directors of DWH Trading Ltd, which sold adjustable beds and chairs, mostly to elderly and vulnerable customers, from thei

Newton Property Management, a provider of property factoring services across Scotland, has opened a new office in Inverclyde. The firm delivers transparent, efficient property management services nationwide with offices currently in Glasgow, Aberdeen and Inverness.

Scotland's economy outperformed the UK in 2024, however, a sharp slowdown in consumer-facing sectors during the fourth quarter signals growing household caution amidst economic uncertainty, according to EY. The latest EY ITEM Club Scotland forecast projects a GVA growth of 0.9%. While GDP data

South-West Fife's housing market has seen notable growth in 2024, outpacing the Scottish average, according to Rettie. The property firm's report shows average house prices in the region rose by 3.2% during the year, reaching £218,113, and have surged by approximately 49% over the past decade.

Excavations undertaken for McLaughlin & Harvey at William Grant & Sons Girvan Distillery, near Girvan, South Ayrshire, in 2020, uncovered an Iron Age settlement dating to a period when southern Scotland had slipped from the grasp of the Roman Empire. Newly published research by GUARD Archaeo

City of London financial firms are lobbying the UK government to overhaul cash ISAs. Companies, including BlackRock and Phoenix Group, have urged Chancellor Rachel Reeves to either scrap or significantly reduce tax breaks on these accounts. Fidelity International proposes reducing the Cash Isa annua

Scotland’s development agency for the Highlands and Islands has published a report on its latest survey of more than a thousand businesses across the region. Highlands and Islands Enterprise (HIE) commissioned the survey in partnership with South of Scotland Enterprise (SOSE).

Grant Thornton UK LLP has launched a new team to deliver its national entrepreneurial and small and medium enterprises (SME) services offering. Located in the firm's Glasgow office, audit and tax partners Lynne Bicket and Colin Park will be responsible for heading up the entrepreneurial and SME serv

Deloitte's US tax division has told staff that it will now factor office attendance into employee performance reviews, impacting bonus decisions. An internal email revealed staff are expected to collaborate in-person two to three days weekly, with compliance becoming a formal evaluation metric, Fina

Edinburgh-based Lentitek Ltd has secured £1 million in funding over the past six months, including £700,000 from Scottish angel investment syndicate Equity Gap. This investment, alongside a £300,000 Innovate UK grant, will accelerate the development and commercialisation of Lentite