News

Workers will benefit from new laws which will ensure they keep 100% of the money they have earned through tips. Introduced through a private members’ bill last year, the Employment (Allocation of Tips) Act 2023 and the statutory code of practice on fair and transparent distribution of tips cam

Andrew Croxford, senior partner at Thomson Cooper, has retired on 30 September following 34 years with the firm. He joined the Dunfermline based accountants as audit partner in 1990 after spending four years at a global accounting firm. Over the years Mr Croxford was the main driver in the developme

FinTech Scotland, in collaboration with SuperTech (West Midlands) and eight industry organisations, has announced the launch of a new innovation challenge aimed at enhancing consumer outcomes with technology and data. Industry collaborators NatWest, Lloyds Banking Group, Equifax, PwC, Barclays, Tesc

Anna Anthony has been chosen as EY's new UK & Ireland regional managing partner, making her the first woman to permanently lead a Big Four firm in the UK. Currently head of EY's UK financial services division, Ms Anthony is responsible for over £1 billion of revenues, 250 Partners and 5,00

Safelift Offshore, an Aberdeenshire-based company specialising in manual handling and lifting equipment for the energy sector, is has marked its 30th year in business with a significant investment. Over the past year, Safelift has invested approximately £1 million in expanding its facilities a

Investment in Scottish commercial property increased in the third quarter of 2024, as interest rates began to fall and a decisive election result provided more certainty over future policy direction, reaching £1.21 billion in the first nine months of the year, according to Knight Frank. 

A painting found by a junk dealer while he was clearing out the cellar of a home in Italy is an original portrait by Pablo Picasso, according to Italian experts.

Burness Paull has appointed Mark Ellis as its new managing partner, working alongside Peter Lawson who will continue as chair. Mr Ellis brings considerable management experience to the role having led the law firm's corporate finance team for the last six years. He also previously sat as an elected

A new partner heads an 11-strong field of lawyers promoted at Lindsays. Kirsty Preston’s appointment is her second promotion in a year – having made the step up to senior associate 12 months ago.

Maven Capital Partners has launched new £40 million joint share offers across its four well-established Venture Capital Trusts (VCTs). Investors have the opportunity to benefit from up to 30% initial tax relief, tax-free dividends, and exemption from capital gains tax, while participating in t

Deloitte UK partners have seen their average pay fall by £48,000 to £1.012 million in the year ending May 2024. This decrease comes despite a 2% rise in total revenue to £5.7 billion, driven by strong performance in tax, legal, and auditing. However, it remains the only Big Four fi

Perthshire-based Binn Group has announced it has secured a five-year waste management contract with NHS Tayside. Commencing from 1 October, the annual contract covers the health board’s 47 sites across the region including Ninewells Hospital and Perth Royal Infirmary. 

The UK economy grew by 0.5% in the second quarter of 2024, slightly less than initial estimates of 6%, according to the Office for National Statistics. Despite the slowdown, there are signs of improvement, including a rise in the household saving ratio and GDP per head.

Accountancy firm Wbg has encouraged SMEs to put themselves at the heart of their local communities and help generate thriving local economies to the benefit of the national economy. The firm endorses the Scotland Loves Local Pledge – a commitment to prioritising local people and businesses by

Time is running out for the vast majority of high net worth individuals (HNWI) in Scotland wanting to pass on their wealth as they put inheritance planning on the back burner, according to new research from Rathbones. A third (31%) of HNWIs in Scotland want to pass on wealth but have put no plans in