The University of Edinburgh has invested £5 million in green projects after becoming the first university in the UK to sign up to HSBC’s new green deposits programme. The Green Deposits programme enables organisations to invest directly in green projects that promote the transition to a
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The Shetland Space Centre has secured a £1.43 million investment from Wild Ventures Limited. It follows the UK Space Agency’s announcement last month that Lockheed Martin is transferring its satellite launch initiative to Unst to deliver long-term value for the industry and help establis
HM Revenue and Customs (HMRC) and the Advertising Standards Authority (ASA) have launched new action to cut out misleading marketing by promoters of tax avoidance schemes. The joint enforcement notice aims to disrupt the activity of promoters and protect people from being presented with misleading a
Big Issue Invest's Power Up programme has supported 19 social businesses to date with a total of £870,000 investment, according to its 2020 Impact Report. In turn, collectively, the social ventures were able to respond to the COVID-19 crisis by providing meals to high-risk individuals, support
Captain Sir Tom Moore has brought out his own gin. Sir Tim has partnered with his family friend Dougie Lampkin MBE, one of the founders of the Otterbeck Distillery in Yorkshire to support The Captain Tom Foundation.
Edinburgh-based financial advisory and asset management firm Melville Independent has announced the appointment of Matthew Irvine and Kristofor Banks to its senior executive team. The two have been appointed as directors in key strategic and development roles.
Coronavirus grants should be provided for suppliers to Scottish hospitality and retail businesses hit by current restrictions, according to the Federation of Small Businesses (FSB). In a letter to the Scottish Government and local authority leaders, FSB also urged finance secretary Kate Forbes and C
Glasgow-founded FreeFlow Technologies (FFT), the developers of the world’s lightest power to weight e-Bike motor, has secured £1.85 million from a heavily over-subscribed funding round. The new funding round was led by investment syndicate Kelvin Capital and supported by Equity Gap, Fore
Anderson Anderson & Brown (AAB) has ranked top in the Scottish listing of Experian's United Kingdom and Republic of Ireland M&A Review. AAB held its previous rank of 1st place having advised on 13 deals, making it the most active financial adviser in the year to date.
Scotland’s Chief Statistician has published statistics on the reliefs and exemptions from non-domestic rates that were in place at 1 July 2020.
Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced a new strategic fintech partnership with Glasgow-based Redspire, to support the development of its digital proposition for the new Virgin Money Business current account.
Medium-sized businesses in Scotland predict a strong recovery once a COVID-19 vaccine is rolled out, according to new data from BDO. The latest BDO Rethinking the Economy survey showed that 56% of Scottish businesses predict they will fully recover in less than six months once a vaccine for COVID-19
Perthshire based online auction house Whisky Auctioneer has seen almost £4 million of sales in a month thanks to rising global demand for rare whisky.
The impact of the coronavirus pandemic on the global economy has shifted investor priorities and is expected to have a significant impact on UK Financial Services Firms’ investment plans over the coming year, according to EY’s latest UK Attractiveness analysis for financial services.
A new economic study by Irwin Mitchell and the Centre for Economics and Business Research (Cebr) has shown Edinburgh survived the impact of COVID-19 better than most UK cities, but that by the end of next year, may be among the slowest growing in terms of output.