News

The UK government has confirmed it will proceed with a major reform of the UK's anti-money laundering (AML) and counter-terrorism financing (CTF) regime. Supervisory functions currently handled by 22 professional organisations, including the Institute of Chartered Accountants of Scotland (ICAS), wil

Azets has appointed Gordon Burns as a new corporate finance partner based in the firm’s Glasgow office. In addition, Farran Kerr and Iain Black have been promoted to directors in the accounts and business advisory services team in the Perth office and David Taylor has been appointed director o

Scotland’s private sector presented a mixed economic picture in September, with a surprising surge in hiring set against a backdrop of falling business activity and declining new orders. Businesses took on additional staff for the first time in four months and expectations for the coming year

The UK's top 1% of taxpayers were responsible for approximately one-third of all income tax and capital gains tax (CGT) collected last year, according to new figures from HMRC.

Aberdeen Investments has announced the expansion of its active exchange-traded fund (ETF) platform in the US with the conversion of two mutual funds into fully transparent ETFs. The funds are:

Archilink Ltd, an architectural surveying company headquartered in Aberdeen, is now expanding to Manchester following a year of significant growth for the business. The company uses cutting-edge technologies to deliver fast, detailed, data-led surveys for architects, creating accurate 2D and 3D mode

Warner Bros Discovery UK & Ireland has commissioned STV Studios Factual to produce 36 new hour-long episodes across its successful Auction House franchise. The bumper order includes 18 new episodes of The Yorkshire Auction House – the original show in the franchise, which first launched in

Savills has appointed Mhairi Archibald, one of Scotland’s most respected commercial auctioneers, as associate director within its UK auctions division. With over 25 years of experience, Ms Archibald brings deep expertise in commercial property sales, having held senior roles at JLL and Acuitus

Fire engineering consultancy OFR Consultants has transitioned to an Employee Ownership Trust (EOT) model, with an employee-owned trust acquiring a controlling stake in the company. The company, which has offices in Edinburgh and Glasgow, will also continue to operate its enterprise management incent

Turnover at Glasgow-headquartered VITA (VAT & Indirect Tax Advisors) has risen by 46% to just under £500,000 in the twelve months to September 2025. On the back of this strong performance, the company is forecasting a further £200,000 increase in turnover for the current financial ye

According to its latest annual report for the year ended 31 December 2024, Harris Tweed Hebrides Limited saw turnover increase slightly to £9,208,547 from £9,188,164 in 2023. However, profit before tax decreased 6% to £1,225,879 from £1,306,317 the previous year.

Knight Frank has bolstered its commercial valuations offering in Scotland with the recruitment of experienced surveyor Thomas Morton as an associate. Mr Morton adds nearly a decade of experience to the Knight Frank team and joins the independent commercial property consultancy from Lambert Smith Ham

Glasgow-based investment firm Turner has appointed Jason Cohen as investment director. Turner is fourth generation family business which has been building private companies for more than 100 years. Its portfolio of businesses’ turnover is in excess of £90 million with a combined balance

The Gibraltar International Bank (GIB) has issued a formal apology after a significant cultural error in its Diwali greeting. The government-owned bank caused embarrassment when it published a photograph intended to celebrate the Hindu Festival of Light, which featured several individuals dressed in

Perth-based Balhousie Holdings Limited has announced a record profit before tax of £9.65 million for the year ending 30 September 2024. The company's annual turnover reached £57.2m, a 5.42% increase from the previous year, which the directors attribute primarily to increased fee rates.