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Medical Incubator Japan (MIJ), an independent venture capital fund investing in early-stage life sciences companies, is planning further UK healthcare investments in 2021 after completing two landmark UK investments in 2020. MIJ’s first investment was in Lanarkshire-based ILC Therapeutics, whi

Aston Lark, the chartered insurance broker backed by Goldman Sachs has acquired Edinburgh-based Bruce Stevenson Insurance Brokers. Under the acquisition, The Bruce Stevenson name and brand will remain and will continue to operate as a separate legal entity. All staff will also remain with the busine

UK Finance has published detailed proposals for a new service company which will support the UK’s world-leading open banking infrastructure. Open Banking (OB) provides a secure way for financial information to be shared across different finance providers. It enables services such as account ag

Glasgow-based Maven Capital Partners has led a £1.54 million funding round for Adimo, a marketing technology platform based in the same city that enables FMCG brands to turn their digital marketing campaigns into shoppable experiences. Using real-time information on price, promotions

Edinburgh’s growing status as a hub of innovation and the quality of life it has to offer places the city among the world’s most aspirational future urban hotspots, according to Knight Frank’s latest Wealth Report.

Complaints to the Financial Ombudsman Service about guarantor-backed high-cost loans have increased by more than 3,000% in a year and now average almost 800 a week. According to the latest data released by the financial ombudsman, the increase in complaints means lender Amigo, which is the largest p

Scottish-based employment law, HR, and health & safety specialist Law At Work has announced a trio of acquisitions worth £5.15 million which includes Dundee-based HR software provider Youmanage. The firm has also acquired employment law firm and employee relations (ER) technology busi

Team Magnus, a Scottish junior sports and adventure goods firm with operations globally, has secured a £175,000 Coronavirus Business Interruption Loan (CBILS) from HSBC UK to meet the exceptional demand for its products, and to safeguard several jobs. The firm, which is based in Auchterarder a

A golden egg made for a Cadbury’s treasure hunt in 1983 has sold at auction for £37,200.

Paul Atkinson, the founding partner of investment firm Par Equity, has been appointed as the new chair of the Scottish Business Resilience Centre (SBRC). Mr Atkinson joins the board as the centre seeks to further highlight and support Scottish businesses through tumultuous times.

Midlothian recycling firm NWH Group has acquired the business and assets of J&J Stanley Recycling in Blaydon, Tyne And Wear. The business was acquired for an undisclosed sum and will add approximately £5 million to NWH Group’s annual turnover.

The Scottish business community has largely welcomed Chancellor Rishi Sunak's 'Budget for recovery' which extended the furlough scheme, froze income tax rates for five years and increased corporation tax to 25%. The Chancellor announced that the increase in corporation tax would not take effect

The contactless payment limit in shops is to rise to £100. The Treasury has said that the change from the current £45 limit would make transactions easier than ever and would provide a big boost to the UK's struggling retail sector.

The impact of COVID-19, Brexit and the climate emergency is accelerating deep and dramatic changes to the make-up of Scotland’s critical financial sector, according to a comprehensive report. Edinburgh-based Core-Asset Consulting’s Industry Trends and Salary Guide is a forensic revi

KPMG has confirmed that it has signed an unconditional agreement to sell its market-leading UK Restructuring practice to Interpath Advisory, a newly-formed company which is backed by H.I.G. Europe, the European affiliate of H.I.G. Capital, LLC. KPMG listed the division for sale last year because of