A Glasgow-founded wellness brand founded by two former Scotland rugby internationals has raised £3.6 million in fresh funding to strengthen its UK presence, lay the foundations for global expansion, and invest in new product development. Puresport, launched in 2018 by rugby stars Adam As
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Reforms to Inheritance Tax (IHT), Capital Gains Tax (CGT) and employer National Insurance (NI) could raise over £20 billion a year, and still pass a 'triple tax test' of improving tax efficiency, ensuring that tax rises fall on those with the broadest shoulders and not break Labour's manifesto
Michael Cox and Cameron Knaggs discuss a new and much-needed form of security in Scotland. Modern day businesses can have various significant moveable assets that they would like to utilise for the purpose of raising bank finance. For example, many technology businesses are rich in intellectual prop
In a recent fundraising drive, Scottish Friendly employees participated in the Three Peaks Challenge and Boycott Your Bed, collectively raising £25,901 for Action for Children. Additional festive activities, including a Bake Sale and Christmas Jumper Day, were organised, alongside the donation
Edinburgh-based Steedman Accountants has announced its upcoming charity ball on 15 February.
Edinburgh-based Intelligent Growth Solutions (IGS) has secured £22.5 million in a Series C fundraise to support significant global expansion as the business deploys its vertical farming technology to customers worldwide. The investment comes after IGS announced at COP28 it would be joining Dub
Scotgold Resources Ltd has raised $3.6 million (£3.0m) in total from the sale of 1.2 million shares at 40p each. The Stirlingshire-based gold exploration and production company announced plans to raise around £2.5m last week.
The Chartered Institute of Taxation (CIOT) has responded to the Chancellor’s announcement last week, that the UK basic rate of income tax will be reduced to 19p and the UK additional rate of income tax abolished from April 2023. These changes will not apply to Scotland, where the power to set
Scottish comedian, Paul Black is partnering with NatWest for a second time to raise awareness of money muling – an activity where targets are recruited to channel illicit funds through their personal bank accounts. Following a successful run of sell-out shows at this year’s Fringe, Paul
Chartered accountant Wylie & Bisset is advising hospitality sector operators to raise their prices in response to rising inflation and operating costs. While welcoming the easing of Covid-19 restrictions, Catherine Livingstone, partner and head of the business advisory services team at Wylie &am
Chartered accountants Wylie & Bisset is advising SMEs to consider raising prices in the face of a rising cost burden coupled with supply chain uncertainty. Scottish firms raised prices last month at the sharpest rate since 1999 in the face of severe inflationary pressures, with the latest Royal
British high growth companies have raised £19 billion in foreign investment in the past three years alone, according to a new report released today by Barclays and Beauhurst. The ‘Trading Places’ report reveals that UK businesses are proving to be an attractive proposition for
The Scottish Mortgage Investment Trust PLC, a company managed by Baillie Gifford, has raised a further c.£200 million by issuing two long-term, fixed-rate, senior, unsecured private placement notes. The first is a 15-year note for £100m with a fixed coupon of 2.03%, the second, a 25-year
Kier Group has kick-started its proposed £241 million equity raise to help tackle its deficit. The share placing, which is fully underwritten by Numis Securities and Peel Hunt, will be the final part of its turnaround strategy.
Staff and partners from Johnston Carmichael connected their offices across the country by passing a virtual baton from Inverness to Glasgow to take part in Scotland’s Virtual Kiltwalk, raising over £7,500 for Scottish charities.
