diff --git a/CMakeLists.txt b/CMakeLists.txt
index b377d97cb0e..de10b739039 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -6,7 +6,7 @@ if (CMAKE_VERSION VERSION_GREATER_EQUAL 3.14.0)
 endif()
 
 project (gnucash
-    VERSION 4.7
+    VERSION 4.8
 )
 
 enable_testing()
diff --git a/NEWS b/NEWS
index 30f8f62706f..9737ffe2b31 100644
--- a/NEWS
+++ b/NEWS
@@ -1,5 +1,11 @@
 Version history:
 ------- -------
+4.8  - 28 September 2021
+The ninth release of the 4.x stable series.
+
+This is a snap release to fix a crasher bug on Linux. The only change is
+     GSettings hotfix - resolve crash due to bad schema reference
+
 4.7  - 26 September 2021
 The eighth release of the 4.x stable series.