Stirling-based tech firm Integrated Graphene Ltd has completed a £3.1 million funding round led by Edinburgh-based business angel syndicate, Archangels, with co-investment from Par Equity, Techstart Ventures and ESM Investments. The investment means the firm can kickstart production of its uni
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Larbert-based medical device business Clear Surgical has secured £280,000 of new investment from existing shareholders, in an oversubscribed funding round. Led by the investment syndicate Kelvin Capital, and with Scottish Health Innovations Ltd (SHIL) and Scottish Investment Bank particip
Alloa-based cable supplier Cable Cuts has expanded into new premises and will be taking on additional staff, following a 30% increase in sales during lockdown. This growth has been supported by DigitalBoost, Scottish Government’s leading digital skills programme, delivered by Business Gateway.
Scottish Widows is preparing to scrap £440 million of investments in firms that don't meet its stricter environmental, social and governance standards. The pensions firm has begun the process of divesting £440m of its holdings in firms that it believes pose “the most seve
The Royal Bank of Scotland has announced the launch of a new competition to celebrate Global Entrepreneurship Week (16-20 November) where they’ll show new businesses, start-ups and entrepreneurs how to write a 60-second pitch, with the chance to take home £10,000. The bank will run free
Four in ten people across Britain are keeping money secrets from their loved ones, according to a survey conducted by the government-backed Money and Pensions Service (MaPS).
Multinational law firm Pinsent Masons has advised Edinburgh-based Red Rock Power Limited on the sale of 50% of the Inch Cape Offshore Wind Farm development and subsequent joint venture with ESB. Once complete, the wind farm will generate approximately one gigawatt of electricity, powering up to one
Aberdeen-based Carden Place Dental Practice Ltd has purchased its west end property thanks to a £600,000 funding package from Bank of Scotland. In March, the practice was forced to close its doors due to the COVID-19 pandemic. It was only able to treat patients over the phone and refer them to
Peter Graham, director, forensic accounting at MHA Henderson Loggie, discusses the lessons which can be learned from Johnny Depp's libel action. Last week the newspapers reported the judgement in the case of Johnny Depp’s libel action against News Group Newspapers.
Bryan Shaw considers some of the more common pain points in syndicated deals and shares some suggested strategies to resolve any roadblocks. In the early months of 2020 and during Covid lockdown, access to capital for early-stage and scaling businesses became more difficult as investors’ risk
Wealth management firm Brewin Dolphin, which has offices throughout Scotland, has appointed Toby Strauss as its new chairman and non-executive director. Mr Strauss will take up his new role at the conclusion of the company’s AGM on 5 February 2021. At the same time, Simon Miller will
Fresh Car Valeting, an Edinburgh-based car care startup, is planning to achieve UK-wide coverage by targeting 31 million car owners nationwide in a market valued at over £1.2 billion. Founded by Sam Brennan in 2015 from the back of his father’s car in Edinburgh, the recent Scottish EDGE
For July to September 2020, Scotland’s employment rate estimate rose over the quarter to 74.0%, according to the latest official labour market statistics published by the Office for National Statistics (ONS) today.
Corporate reporting needs to improve to meet the expectations of investors and other users on the urgent issue of climate change, according to a new review released by the Financial Reporting Council. The regulator has said that while for some companies the challenge may be further on the horizon, c
Ivan McKee, minister for trade, investment and innovation, has said that the lack of information, and the absence of ministerial engagement on the scheme intended to replace EU Structural and Investment Funds is "unacceptable". Mr McKee has said he is seeking an urgent meeting with the UK