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Profitable Scottish family in administration after HMRC dispute

Family-run hotel group placed into administration after £2.8m HMRC tax dispute

A profitable family-run Scottish company operating eight hotels was placed into administration following an HMRC tax bill dispute.

The rise in bond yields has renewed investor interest in fixed-income markets.

The rise in bond yields has renewed investor interest in fixed-income markets.

PERSONAL FINANCE

Why bonds are back on the radar for income investors

Cruden said its strategy is

Cruden said its strategy is

Historic Scottish housebuilder defies market pressures to double profits

Baillie Gifford chief executive Tim Campbell.

Baillie Gifford chief executive Tim Campbell.

Result of crunch vote at £1 billion Scottish company revealed

George Heron, outgoing captain at Scotscraig Golf Club, says members' fears over the club's partnership with TALGC have not materialised

George Heron, outgoing captain at Scotscraig Golf Club, says members' fears over the club's partnership with TALGC have not materialised

Around the Greens

'I'd vote for it again': Scotscraig captain still backs TALGC after Glen vote

Scottish engineering company unveils record turnover of £10 million

Scottish engineering company unveils record turnover of £10 million

Business Monitor 📈

Scottish engineering company almost triples turnover to record level

Reset the Rates

Reset the Rates

Reset the Rates: The Herald's campaign for fairer business rates - all stories here

Scottish Greens

Scottish Greens to debate motion to extend legal rights to polyamorous relationships

Professor Leigh Sparks says business rates need to move on

Professor Leigh Sparks says business rates need to move on

RESET THE RATES

Reset the Rates

Why a centuries-old tax is struggling to serve modern Scotland

Professor Leigh Sparks writes that the 'previous links between taxation and place have been dismantled'

Professor Leigh Sparks writes that the 'previous links between taxation and place have been dismantled'

RESET THE RATES

Reset the Rates

Scottish business rates 'ripe for reconsideration', says leading academic

Scottish courier firm in liquidation after HMRC court action

Scottish courier firm in liquidation after HMRC court action

Liquidator appointed to Scottish courier company following HMRC court action

Baillie Gifford chief executive Tim Campbell has said it would be

Baillie Gifford chief executive Tim Campbell has said it would be

Warning shareholders of £1 billion Scottish company risk 'sleepwalking' into a change

Barclays has declined to say whether its Glasgow campus will be affected by plans to cut around 5,000 jobs globally

Barclays has declined to say whether its Glasgow campus will be affected by plans to cut around 5,000 jobs globally

Artificial intelligence

Barclays stays silent on Glasgow jobs as 5,000 roles face axe

144 staff take voluntary severance in restructure at Scottish manufacturer

144 staff take voluntary severance in restructure at Scottish manufacturer

Business Monitor 📈

144 staff take voluntary severance in restructure at Scottish manufacturer

Edinburgh’s Grassmarket: Sir Tom Hunter argues a new approach to business rates could help hospitality create jobs, attract investment and support local economies

Edinburgh’s Grassmarket: Sir Tom Hunter argues a new approach to business rates could help hospitality create jobs, attract investment and support local economies

Reset the Rates

Sir Tom Hunter: Scotland must stop taxing hospitality success

Kyron Keogh, managing director of ROX in Glasgow's Argyll Arcade.

Kyron Keogh, managing director of ROX in Glasgow's Argyll Arcade.

Reset the Rates

Luxury jeweller warns Scotland is losing investment to England over rates

Sir Tom Hunter says the current system is a 'tax on success'

Sir Tom Hunter says the current system is a 'tax on success'

RESET THE RATES

Reset the Rates

Sir Tom Hunter warns Scotland's 'punishing' rates system is driving away investment

Scottish company employing 40 placed into administration

Scottish company employing 40 placed into administration

Scottish company employing 40 placed into administration

Major airline company launches new scheme to cover the cost of baby's first passports

Jonathan MacDonald, co-owner of the Ox and Finch in Glasgow.

Jonathan MacDonald, co-owner of the Ox and Finch in Glasgow.

Reset the Rates

‘Stacked against us’: Glasgow restaurateur's warning for hospitality

Scottish engineering company to be wound down after almost three decades

Scottish engineering company to be wound down after almost three decades

Business Briefing 📈

Jobs lost as Scottish engineering company wound down after almost 30 years

Gordon Drummond of Cairngorm Lodges near Aboyne on the effect of business rates on his business.

Gordon Drummond of Cairngorm Lodges near Aboyne on the effect of business rates on his business.

Reset the Rates

'Sword of Damocles' hanging over Scots tourism business after rates hike

Calum and Rachel Ross of the Loch Melfort Hotel

Calum and Rachel Ross of the Loch Melfort Hotel

RESET THE RATES

Reset the Rates

'What do we get for it? Very little': Argyll hotel owner's rates challenge

Chef Nick Nairn at his Lake of Mentieth cook school. STY BIZ/SW
Pic Gordon Terris /Herald & Times
8/10/26

Chef Nick Nairn at his Lake of Mentieth cook school. STY BIZ/SW
Pic Gordon Terris /Herald & Times
8/10/26

RESET THE RATES

Reset the Rates

Nick Nairn backs campaign against 'pretty impenetrable' rates system

Liquidator appointed to Scottish design and construction company

Liquidator appointed to Scottish design and construction company

Scottish construction company placed into liquidation after HMRC court action

Energy debt is mounting as households struggle to pay heating bills.

Energy debt is mounting as households struggle to pay heating bills.

Chancellor faces Budget demands to help Scots households with energy bills

Scottish National Investment Bank appoints Graeme Sands as chief portfolio officer

John Devine and Marc McLuskey.

John Devine and Marc McLuskey.

Royal Botanic Garden Edinburgh

Edinburgh consultancy secures multi-million-pound BGF investment for UK expansion

Scottish cheesemaker increases turnover to £293 million despite ‘heightened price war’

Scottish cheesemaker increases turnover to £293 million despite ‘heightened price war’

Business Briefing 📈

Scottish cheesemaker increases turnover to £293m despite ‘heightened price war’

Kirkcaldy and the High Street. STY BIZ
Pic Gordon Terris /Herald & Times
8/10/26

Kirkcaldy and the High Street. STY BIZ
Pic Gordon Terris /Herald & Times
8/10/26

RESET THE RATES

Reset the Rates

'Postcode lottery' leaves Scottish firms lost in business rates maze

The influential business leaders and industry groups supporting The Herald’s calls for business rates reform in Scotland

The influential business leaders and industry groups supporting The Herald’s calls for business rates reform in Scotland

Reset the Rates

Who's backing The Herald's campaign to reform Scotland's business rates?

Just how are business rates worked out?

Just how are business rates worked out?

Reset the Rates

Inside Scotland's business rates: Who pays and how are bills calculated?

Business leaders across Scotland are backing our new campaign for a fairer, simpler and less expensive rates system

Business leaders across Scotland are backing our new campaign for a fairer, simpler and less expensive rates system

Reset the Rates: Six reforms to fix Scotland's broken business rates system

The Herald is calling for major reform to the system. Here are the six changes we are looking for and why.

The Herald is calling for major reform to the system. Here are the six changes we are looking for and why.

Reset the Rates

Reset The Rates: The six asks of The Herald's campaign explained

Scottish restaurant company placed into liquidation

Scottish restaurant company placed into liquidation

Scottish city restaurant company placed into liquidation

Martin Lewis is giving mortgage advice on when to act before your deal ends

Martin Lewis is giving mortgage advice on when to act before your deal ends

Martin Lewis issues mortgage warning to anyone whose deal ends in the next year

Gordon McArthur, chief executive of Beeks Financial Cloud, said the group's rapidly growing analytics business could generate recurring revenue of up to £10m in the coming years

Gordon McArthur, chief executive of Beeks Financial Cloud, said the group's rapidly growing analytics business could generate recurring revenue of up to £10m in the coming years

Business Insight

AI (Artificial Intelligence)

Beeks sees further growth as AI products gain traction with financial firms

Scottish salmon farm operator reports deepening losses to £64 million

Scottish salmon farm operator reports deepening losses to £64 million

Business Briefing 📈

Scottish salmon farm operator reports loss of £64 million

Sign up for the Money HQ with Ben Stark newsletter and receive his words and advice every Monday

Sign up for the Money HQ with Ben Stark newsletter and receive his words and advice every Monday

Pensions and IHT: Exploring and explaining the 'double tax' trap

Eloise John, managing director for energy at AECOM

Eloise John, managing director for energy at AECOM

The engineer who believes Scotland can become Britain's energy battery

Many pubs are being pushed to the limit, the SBPA warned

Many pubs are being pushed to the limit, the SBPA warned

Pub closures, whisky taxes and the scramble for Budget support

The Herald campaign launches tomorrow

The Herald campaign launches tomorrow

Reset the Rates

Expensive, confusing and unfair: Why Scotland's business rates need reform

£250,000 community grants launched to support red squirrel conservation

Five Moray coastal projects win share of £100,000 fund after public vote

Glasgow skyline.

Glasgow skyline.

Glasgow City Council

£1 million scheme launched to bring Glasgow’s empty listed buildings back into use

The SPA team marks ten years.

The SPA team marks ten years.

£900m Scottish refurbishment framework opens for contractor applications

John Swinney announced plans to bring buses back into public control.

John Swinney announced plans to bring buses back into public control.

John Swinney compared to dictator as bus plans branded ‘business confiscation’

Call for action as Scottish housing developer in administration

Call for action as Scottish housing developer in administration

Call for action as Scottish housing developer placed into administration

The Indian Government, led by Prime Minister Narendra Modi, has ambitious growth targets for the country

The Indian Government, led by Prime Minister Narendra Modi, has ambitious growth targets for the country

PERSONAL FINANCE

Why India is the growth story investors cannot afford to ignore

Robin Winstanley of OnPath Energy, which is backing calls for councils to retain the business rates generated by new onshore wind farms

Robin Winstanley of OnPath Energy, which is backing calls for councils to retain the business rates generated by new onshore wind farms

The £78m windfall that could stay in Scotland’s wind farm communities

Ithaca operates the Captain field in the North Sea

Ithaca operates the Captain field in the North Sea

Ithaca chief steps down as Rosebank decision looms

Scottish car sales company increases turnover to £13.4m after ‘purple patch’

Scottish car sales company increases turnover to £13.4m after ‘purple patch’

Business Briefing 📈

Scottish car sales company increases turnover to £13.4m amid ‘purple patch’

The mounting pressures that are closing Scottish car sales forecourts – from inside the industry

The mounting pressures that are closing Scottish car sales forecourts – from inside the industry

The mounting pressures pushing Scotland's car sales forecourts to collapse

The Scottish Government's plans for sweeping local government reform would redraw administrative boundaries across the country and reshape how services are delivered

The Scottish Government's plans for sweeping local government reform would redraw administrative boundaries across the country and reshape how services are delivered

Before Scotland redraws its councils, ministers must prove the benefits