Edinburgh-based investment syndicate Archangels has led investment of £12.4 million in innovative Scottish tech and life sciences companies in the first half of 2021. Archangels’ H1 2021 deals data, released today, reveals that Archangels itself invested £7.3m during the first
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Scotland's property prices continue to rise, with the highest annual increase in house prices recorded in over a decade. The COVID-19 pandemic has caused a property boom, reaching its peak in May, which has led to a 12.1% rise in property prices in Scotland.
A Scottish care home owner has been banned from being a company director for six years after Seabank Care Ltd in Saltcoats went into liquidation with no explanation for hundreds of thousands of pounds leaving company accounts. Laurie Gray, 50, from Hamilton, was director of Seabank Care Ltd, incorpo
A rooster who prevailed in a legal battle for the right to crow has become the subject of an opera celebrating rural life.
New data released by the Financial Reporting Council (FRC) has revealed that challenger audit firms have increased their share of FTSE 250 audits, from 4.8% to 7.6%. However, the dominance of the Big Four remains, as all FTSE 100 companies continue to be audited by EY, Deloitte, KPMG or PwC.Improvin
Rod Paris is set to retire as chief investment officer of abrdn at the end of 2021. In response to his departure, abrdn, formerly Aberdeen Standard Investments (ASI), has outlined a structure for its investment management team, organised around pillars of strategic importance for clients – pub
Young people are generally positive about their money prospects, according to the latest How Scotland Lives research from Bank of Scotland.
A solicitor who prepared false invoices for non-existent work in order to steal more than £12,500 from clients’ accounts and who pleaded guilty to embezzlement has been ordered to carry out unpaid work. Louise Sutherland, 60, took the money while employed at Graeme Murray & Co Solici
The UK government will undermine devolution if they establish freeports in Scotland and Wales without reaching agreement with devolved governments, according to Scottish and Welsh ministers. The devolved governments said that while they were committed to working with the UK government, UK ministers
Susannah Donaldson, legal director at Pinsent Masons, considers the impact of the pandemic on gender pay gap figures reported by large construction businesses. The Covid-19 pandemic has somewhat skewed gender pay gap (GPG) figures reported by large construction businesses for the year 2020
Edinburgh-based financial services company Nucleus Financial Group has seen its assets under administration (AUA) increase by 19% year on year, approaching the £19 billion mark. As of 30 June 2021, the company's AUA rose to £18.9 billion, up 19.2% year-on-year and 5.1% on the previous qu
Glasgow-based HV Systems (HVS) has secured a £5 million capital injection from Beehive Equity Limited, a wholly-owned subsidiary of EG Group (EG).
A fund to help regional food and drink ventures recover from the impact of Covid-19 has awarded £200,000 to a range of projects across Scotland. The Regional Food Fund (RFF), one of the Scottish Government’s 100 Days commitments, will help producers and event organisers showcase quality
Edinburgh start-up Blockchain Technology Partners (BTP) has closed a seed round of £2 million, led by Force Over Mass, a London-based venture capital firm, and Signature Ventures, an early-stage venture capital fund based in Munich and Berlin, with participation from angel investors inclu
The bond between the Sicilian mafia and American crime families is as strong as ever, it has emerged. Decades after their links were immortalised in The Godfather trilogy, police have swooped in on members of a major crime family.