News

Historic Environment Scotland (HES) has released a set of reports today providing insights into Scotland’s historic environment sector and a framework to help drive its contribution to Scotland’s economy, communities, and net zero ambitions. The information released includes the Delivery

EY UK is expected to offer lower pay rises and bonuses for staff within its tax advisory division, mirroring a trend among Big Four firms responding to a challenging economic climate. The firm's 4,400-strong tax division are set to receive a 2.2% base salary increase, a decrease from previous years

Aberdeen-based business applications support firm Escone Solutions has joined forces with award-winning accounting software provider iplicit, as it continues to grow its portfolio of services. iplicit’s cloud-based accounting software is tailored for organisations that have outgrown entry-leve

The UK government’s proposed fiscal policy would generate a loss in economic value of around £13 billion compared to the economic contribution generated under the current windfall tax regime, according to Offshore Energies UK (OEUK). The energy trade body has released

Tilbury Douglas Group CEO Paul Gandy is to step down and be replaced by Craig Tatton, the group has revealed. Mr Gandy will remain in post until 1 November 2024 as he prepares to take up his new role as the 122nd president of the Chartered Institute of Building (CIOB).

Global drilling waste management company TWMA has posted its second quarter 2024 earnings of $19.5 million (c. £14.85m) and operating profit of $4.9m (c. £3.73m). The Dyce-headquartered firm has seen a year-on-year revenue increase of more than $2m (c. £1.52m). Global utilisation o

Wbg has lauded the launch of the Scottish Government's Entrepreneurial Education Pathways Fund, predicting it will inspire a wave of young business owners. The fund, offering grants up to £250,000, aims to encourage innovative courses and projects for under-18s, highlighting entrepreneurship a

Financial planning and wealth management firm AAB Wealth has acquired WealthFlow, a specialist financial planning firm based in Edinburgh, bringing its total assets under advice (AUA) to over £1 billion. Edinburgh-based WealthFlow’s experience in managing the intricacies of financia

Dundee-based accountancy firm Ashton McGill has been shortlisted for the Employer of the Year (Small Company) award in the UK’s most esteemed accountancy awards. The firm which is founded by father and son Alasdair and Andrew McGill, and now has a headcount of 14, is one of five Scottish busin

Burges Salmon has reported a 27% increase in turnover to £163 million, and a 46% increase in net profit to £50.5m from £34.6m. The independent UK law firm, which recently celebrated the fifth anniversary of its Edinburgh office, today published its results for the financial year en

A cannabis business has been sanctioned for handing out free ice cream. While cannabis can now be bought and sold for recreational use in Ohio, one dealer has been slapped with a fine of $150,000 (c. £115,000) for handing out free sweet treats as well.

The UK government's stake in RBS-owner NatWest Group has been further reduced from 18.99% to 17.97%. The Treasury's sale of the shares comes after the new Labour government decided it will no longer go forward with plans for a public offering of the government's remaining stake to retail investors.

Glasgow-based tour operator McKinlay Kidd, which projects turnover in excess of £8 million this year, has become employee-owned. Announcing the change of ownership, managing director Zoe Davidson, said: “After 21 years as a trail blazing tour operator, we are thrilled that McKinlay

The Scottish Government should use the forthcoming Programme for Government to support enterprise and go full throttle in the quest for long-term sustainable growth, according to CBI Scotland. The organisation is calling the Scottish Government to work closely with UK counterparts to give crucial mo

A £5.9m project to create a new whisky distillery within the former derelict mill at Castletown in Caithness has secured a £250,000 investment from Highlands and Islands Enterprise (HIE). Dunnet Bay Distillers Limited (DBDL) is leading the project, which will create 13 jobs. The project