Wave power specialists Mocean Energy have strengthened their board as they plan to commercialise their Blue Star wave machine and raise investment. The Edinburgh firm has appointed experienced non-exec Torger Skillingstad as the company’s chair, with Lynne Ross, a specialist cleantech angel in
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Scottish-based investment syndicate Kelvin Capital has concluded record investment totalling £7.8 million in the first half of 2023, marking a 22% increase from the same period in 2022. These significant financial strides highlight the growing strength and appeal of Scottish based businesses,
The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise. This investment, announced by the Scottish Government’s Cabinet Secretary
Andrew Morrison discusses key business sale trends anticipated for 2025, including factors such as tax changes, generational shifts, technological advancements, and economic uncertainties. After selling my AM Bid business in July 2023, I worked a planned transition exit year, then launched Business
A new action plan, designed to boost business growth and innovation, has been unveiled for Edinburgh and South East Scotland. Developed collaboratively by Innovate UK, Edinburgh and South East Scotland City Region, and Scottish Enterprise, the plan aims to build a strong, resilient and investment-at
Steven Cameron Three in four (78 per cent) financial advisers are confident that robo-advice offers no threat to their business, according to Aegon’s Technology in the Financial Advice Market report.
Robert Outram On International Women's Day, Robert Outram of Institute of Chartered Accountants of Scotland (ICAS) asks how can social background or gender still be among the factors determining a CA’s salary?
Moffat-based Selcoth Farm has commenced the second phase of its native woodland project that will see 180,000 trees planted by the end of 2021, with six-figure funding support from Bank of Scotland.
An innovation project by a major carrot grower in Moray is forecast to strengthen the company’s position and create more jobs. Family-run firm, AA Carrots Ltd grows carrots on 400 acres of land around Moray and Aberdeenshire, of which around half is organic.
Financial firms hiring senior staff will need references going back a minimum of five years to prevent bankers covering up past misconduct, the Bank of England has said. The move marks a climbing down from a previously proposed longer timeframe.
Richard Theo Insurance giant Aviva, which employs 2,500 staff across hubs in Perth and Bishopriggs has announced an agreement to acquire a majority shareholding in Wealthify, a low cost, 'robo' investment service.
Still 73 per cent state-owned, bailed-out Royal Bank of Scotland is to cull 220 face-to-face advisers from its workforce in favour of so-called "robo-advice" after City watchdog the Financial Conduct Authority gave the technology the green light. The new automated online service will, the Edinburgh-
M&G Wealth, which has £28 billion of assets under management, is to deliver a new hybrid robo-adviser service that will be run by humans but “underpinned by digital technology”. The firm, which is a spin-out from Prudential, has appointed Ignition Advice to develop the “l
In the risk-crazed world of crypto a new 'meme coin', named Evil Pepe Coin, has launched its presale event attempting to woo investors following the meteoric growth of similarly-named Pepe Coin earlier this year. With increasing popularity, investors have been betting on new cryptocurrencies, taking
New research by academics has revealed that men compete to outdo each other with the size of their charity donations when the recipient is a pretty woman. Scientists at University College London and the University of Bristol say the tendency is the result of a subconscious competitive streak rooted