News

Revenue Scotland should have powers to waive a second homes tax in exceptional circumstances and the time available for eligible house buyers to claim a tax rebate when they buy a new main home but their old one is still on the market should be doubled. They are among suggestions put forward by the

Scottish businesses are behind targets for 2022, according to new research from accountancy firm BDO. Companies cited inflation and supply chain pressures as the greatest challenges for the year ahead. However, more than half of mid-sized businesses in Scotland think they will return to pre-COVID-19

Successful ScotWind partners, ScottishPower and Shell, are set to invest a total of £75 million to help the supply chain and businesses support the growth of the offshore wind industry in Scotland.

The number of homeowners remortgaging their properties crept back towards pre-coronavirus pandemic levels at the end of 2021, according to new figures published by the Bank of England (BoE).

Mint Ventures, a women-led angel group that is democratising angel investment, has received funding from Scottish Enterprise and the Scottish Government’s Scottish Technology Ecosystem Fund for a series of regional roadshows to encourage more women to become angel investors, as well as helping

A Congolese man has married triplets after they proposed to him simultaneously. The mononymic Luwizo told Afrimax English he thought he "was dreaming".

Victims are losing more to bank transfer scams every hour than the average UK worker earns a year, according to new research from Which?.

Perth-based Stagecoach has abandoned plans for a £1.9 billion merger with National Express, as it agreed to a higher rival £595 million takeover.

Lanarkshire-based IT firm VectorCloud has secured a six-figure funding package from UK Steel Enterprise (UKSE)  to help the business expand further. The firm has used the investment to acquire the IT service division of another local business, substantially boosting its client base.

Scotland has improved its performance in PwC’s Women in Work Index thanks to advances in the country’s gender pay gap and an increased share of women in full-time employment.

The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc for the financial years ended 30 June 2015 and the 53 weeks ended 2 July 2016. Mr Frankish performed the role of Aud

The consulting arm of Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has partnered with the University of Glasgow to co-author a paper about the transformation of student assessment and feedback in Higher Education (HE). As the University of Glasgow’s t

Big Four accountancy firms EY and Deloitte have announced that they will close their operations in Russia in the wake of the country's invasion of Ukraine. EY has revealed that it will cut its 4,700-person business in Russia, while Deloitte announced yesterday that it would separate its operations i

The Chartered Institute of Taxation (CIOT) has warned MPs that a lack of clarity around the purpose of legislation creating a register of overseas entities owning UK property could leave many people disappointed that it will not achieve what they expect it to. Legislation creating the register appea

Family-run commercial textile manufacturing business The Beal Group has completed an ambitious relocation and expansion project allowing for diversification into net-zero business growth opportunities. With a £4 million injection of funding, part supported by Scottish Enterprise, the company h