News

Eden Mill distillery has partnered with MiAlgae, a Scottish biotech firm and Earthshot Prize finalist, to repurpose whisky effluent, a by-product of distillation, to grow microalgae as a sustainable source of omega-3s.

An Aberdeen tax expert has warned that potential drastic changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT) as part of Labour’s Autumn Budget could stifle wealth creation and cost the Treasury more than it hopes to generate. The upcoming Budget on 30 October, the first of the new Lab

Kennedy Accountancy, a firm based in Auchtertyre, Lochalsh, has won two awards at the 2024 Accounting Excellence Awards. Winning not only the Small Firm of the Year for Scotland, North of England and Northern Ireland, it also won the coveted UK Small Firm of the Year (Grand Prix). The accolades were

Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a 14.2% rise in net turnover to £253 million and an 8% increase in pre-tax profits to £4m for the year ended 28 April 2024. In the last year, the family-owned business, acquired 12 new company stores

The average price of a property in Scotland has hit a record £200,000 in August 2024, a 5.4% year-on-year increase, according to the latest UK House Price Index data. In comparison, the UK average house price experienced a more modest annual increase of 2.8% – reaching £293,000.

The Royal College of Physicians and Surgeons of Glasgow has conferred Professor Mark Allison CA as an Honorary Fellow. A Chartered Accountant and internationally distinguished academic, it honours his services to the college and his outstanding contribution to accounting education.

Whyte & Mackay, the whisky giant behind brands like Dalmore, Tamnavulin, and Jura, has reported a surge in pre-tax profits to £96 million in its latest accounts. Turnover also jumped to £370 million for the year ended 31 December 2023, up from £321m the previous year.

WeDO Scotland has named Richard Simpson, joint managing director of Tayburn, one of Scotland’s longest-standing creative agencies, as its new chair, along with a further two new advisory board members. Mr Simpson takes over from Glasgow entrepreneur Gordon White, managing director of fatBuzz.

Scottish business fears are growing over potential tax increases and the uncertainties surrounding the upcoming Autumn Budget, according to the Scottish Chambers of Commerce (SCC). A recent survey by SCC revealed that 55% of businesses are concerned about taxation, a significant jump from 35% last y

Scotland's job market remains strong despite the ongoing cost of living crisis and predictions of upcoming employment law reforms. The employment rate rose to 73.7% while unemployment fell to 3.9% between June and August 2024. However, Scotland still lags behind the UK's overall employment rate of 7

Burges Salmon has guided Pandox on its financing and acquisition of the DoubleTree by Hilton Edinburgh City Centre, in a deal worth £49 million. The deal grows the international hotel property owner's portfolio in Scotland and adds to its Edinburgh offering where it already owns the Aparthotel

Several of Scotland's business and sector organisations have called on the UK government to reduce the tax burden on Scotland's national drink ahead of the 30 October Budget. The Scottish Chambers of Commerce, UK Hospitality Scotland, Scotland Food and Drink, the Institute of Directors, and the Scot

Smart Data Foundry (SDF) and Research Data Scotland (RDS) have partnered to streamline secure researcher access to public sector and financial data. The collaboration, which will initially run for two years, will build on their existing work together, helping policymakers to look at issues like pove

Graduates and young professionals were urged to "stay curious" as around 125 north-east businesspeople descended on Aberdeen’s Union Kirk for a night toasting the achievements of those working within the financial planning and insurance sectors. The evening, organised by the council of the Ins

Graham's Family Dairy has reported a slight increase in turnover from £152.9m in 2022/23 to £153.1 million, while pre-tax profits reached £2.8m, for the year ending 31 March 2024. The Stirlingshire-based business has seen continued sales growth across both traditional dairy an