Edinburgh-based Cumulus Oncology has appointed Nicola Broughton as a non-executive director as Europe’s first oncology drug discovery accelerator continues in scale-up mode and targets its next investment round. Ms Broughton, a former investment director at Mercia Asset Management, is the mana
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Over a thousand computers used to mine cryptocurrency have been crushed by police using a steamroller.
The Financial Reporting Council (FRC) is seeking views on amendments made to the Audit Enforcement Procedure (AEP). The FRC has reviewed the AEP and intends to amend it. Through this consultation, the FRC seeks feedback and comment on these proposed amendments.
Investment in Scottish commercial property increased by more than one-third (35%) compared to the same period last year during the first six months of 2021 as the market continued its recovery from the pandemic, according to analysis from Knight Frank. The independent commercial property consultancy
Critiqom, the omnichannel communications specialist based in Bellshill, has secured a four-year, multi-million-pound national framework agreement for the provision of postal services with Scottish Procurement. Accessed by central government, fire, health, local authorities, police, universities and
Legal firm Addleshaw Goddard’s corporate team in Scotland has advised on the initial public offering (IPO) and admission to the AIM market of the London Stock Exchange for innovative global healthcare firm, GENinCode. Specialising in cardiovascular disease risk assessment, GENinCode's products
Aberdeen Standard Investments (ASI) has announced the launch of a range of climate funds aimed at supporting the shift towards net zero global emissions. The new ASI funds are all EU SFDR article 9 funds, each focusing on specific aspects of the journey towards Net Zero, offering investors access to
Wealth manager Brewin Dolphin has posted record gross discretionary fund inflows of £1.3 billion for the third quarter ended June 30 2021. The gross discretionary inflows were higher than the £1.0bn reported in Q2, with Brewin Dolphin stating that continued growth across its direct and i
Dundee-based investment company Alliance Trust has posted strong half-year results with the company confirming a second quarterly dividend of 3.702p – an increase of 3% on last year. The company's Net Asset Value (NAV) Total Return reached 14.8% in the second quarter of this year, outperf
Asset & wealth management firm Asset Co has announced that it will pay £16.5 million for a 63% stake in Rize ETF, a thematic exchange-traded fund provider. Asset Co has also committed £5.25 million to help fund the growth of the business. The equity interest will be acquired fro
Global real estate advisor CBRE has announced it is relocating its team from three offices into a new prime office in Glasgow city centre. CBRE has secured the ground floor at 177 Bothwell Street in the city centre, extending to almost 18,000 sq ft. It is currently being developed by HFD Property Gr
Sue Gilchrist, legal director at Pinsent Masons, considers the impact of the latest public health guidance on Scottish business. Scottish business, just as much as our English counterparts, was switched on to review the UK government guidance issued on working safely during coronavirus in Engl
Israel has threatened ice cream manufacturer Ben & Jerry's with "serious repercussions, legal and otherwise" after it said it would no longer sell its products in illegal settlements. In a statement on Monday, the ice cream company said it now believed it was "inconsistent with our values" for i
Knight Property Group has successfully agreed terms with The Vardy Foundation on a third-floor office suite at 110 George Street, in heart of Edinburgh. The suite is set within a classic Grade B listed Georgian townhouse, with outstanding views towards the castle. The Foundation has signed up a five
A £21 million digital dairy project aiming to create 600 new jobs has been announced in partnership with the University of the West of Scotland (UWS). It is expected the Digital Dairy Value-Chain could generate an additional £60 million a year for the South-West Scotland and Cu