News

Modern flapjacks are sweets and not cakes, the UK's tax tribunal has ruled – with enormous tax implications for manufacturers. In a case with echoes of the famous dispute over whether Jaffa Cakes are cakes or biscuits, the First-Tier Tribunal (Tax Chamber) said flapjacks made by Glanbia are to

Scotland’s onshore GDP grew by 0.4% in February, according to statistics announced by the Chief Statistician. Output remains above the pre-pandemic level of February 2020, by 1.3%.

Terra Firma Chambers’ Philip Simpson QC and Gordon Watt will speak at Longmark’s Scottish Private Client Tax Planning Conference, taking place at the Dalmahoy Hotel and Country Club on Wednesday 18th May 2022. Philip Simpson QC will present the ‘Critical IHT Update’ and will

Estate agency firm Rettie & Co has appointed Neil Cunningham, formerly of Knight Frank and Foxtons, as the commercial director for the growing business. This senior level appointment to the executive team has been made to support Rettie & Co with its ambitious growth plans. Mr Cunningha

Ellon-headquartered Phil Anderson Financial Services Ltd has been named as a finalist at the 2022 Elevator Awards.

The director of an Edinburgh construction agency has been disqualified as a director for six years after he breached legal obligations by failing to maintain adequate accounting records.

Tweed Wealth Management has touched down on a recruitment strategy to identify former rugby stars to be trained as high-performance financial planners for their fast-expanding business. The Edinburgh-based company now has three ex-professional rugby players on their team sheet – a winning comb

Lesley Glen has joined KidsOR, the global charity tackling the global crisis in children’s surgery, in the newly-created chief operating officer role (COO), bringing over 30 years of experience within the finance, business and strategy sectors. Joining from the Institute of Chartered Accountan

Big Four accountancy firm Deloitte has slashed its London office space by a third, as the firm announced that it will be making its hybrid working model permanent.  The firm has got rid of two buildings in the capital which had 250,000 sq ft of office space in total, cutting its holdings to jus

International law firm CMS has announced the promotion of five new partners in Scotland, including Kirsty Nurse from the firm's finance team. The promotions include Bruce Harvie and Kate Darracott from the corporate team and Will Anderson from the Litigation & Arbitration practice.

Faced with a more uncertain economic climate, a record number of finance leaders (98%) anticipate operating costs to rise in the year ahead, according to Deloitte’s UK CFO Survey Q1 2022. Almost half of CFOs (46%) expect these rises to be significant.

Scottish micro-investment firm CAM Ventures is celebrating the first addition to its management team with the appointment of Penny Wither to the position of commercial manager. Established in the summer of 2021, CAM Ventures has developed a varied portfolio of ‘hospitality-adjacent’ inve

Glasgow-based insurance firm Kelvin Smith is getting ready to celebrate 40 years in the highly competitive industry with a record turnover of £15 million. Kelvin Smith, which was founded in November 1982, has established itself as one of Scotland’s leading firms of insurance brokers, wea

North-east accountancy firm SBP Accountants and Business Advisers has welcomed senior manager Stuart Clark as its new director, as the company positions itself for further growth across its four regional offices. Stuart Clark’s promotion has made him the youngest member of the team to achieve

A traveller was forced to part with his cane at airport security after officials discovered a blade inside it – which the man said he didn't know was there.