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The corporate group at Burges Salmon has advised Cytomos, an Edinburgh-based life science company, on a £4m funding package to support the development of cell analysis solutions for the biopharma industry and fast-track novel therapies to market. The investment round was led by existing invest

Edinburgh-based tech start-up incubator CodeBase has announced it is set to acquire training materials and assets from the digital skills academy CodeClan following its recent collapse. The move ensures that approximately 80 students can continue their training at one of the techscaler's sites.

Scottish salmon exports have racked up an impressive £306 million in sales between January and June, driven predominantly by the increasing demand in Asian and American markets.

Tim Thomas, partner at Ledingham Chalmers, offers advice to individuals who suspect a fellow director of fraud. Company directors have legal duties, holding them to account. But what happens if you suspect a fellow director is falling short — or is even potentially behaving fraudulently

Collected property taxes in Scotland have risen almost 50% in the past two years, according to recent analysis. Property firm DJ Alexander Ltd reports that revenues from the Scottish Government’s Land and Buildings Transaction Tax (LBTT) in June 2023 stood at £61.7 million from 8,780 pro

Newly released figures have revealed that the UK government's decision to freeze the inheritance tax threshold could affect almost four times more families than initially expected. The forecast by the HMRC suggests that 49,400 estates will face inheritance tax by 2028, significantly higher than the

Lloyds Banking Group, owner of the Bank of Scotland, has reported a surge in half-year profit despite facing a slowdown in the second quarter due to increased competition for mortgages and savings, as well as higher provisions for bad loans.

Confidence among the finance leaders of the UK’s largest firms has dipped in the second quarter, partially unwinding the sharp rise in sentiment seen in Q1 2023, according to Deloitte’s UK CFO Survey Q2 2023. A net -10% of CFOs are more optimistic about their firm’s financial prosp

It is becoming increasingly common for businesses to face civil penalties of around £1m or more for breaching UK export control laws. Export control breaches are criminal offences, but the 1979 Customs and Excise Management Act allows HM Revenue and Customs (HMRC) to "compound" offences and of

The chairman of Springfield Properties has challenged Stirling Council on the "considerable delays" by planning officials to progress housing at Durieshill. Attending today’s Stirling Council meeting, Sandy Adam made a bold visual statement with an eight-foot figure of a sn

Holyrood has launched a public consultation on the Visitor Levy (Scotland) Bill, proposed legislation that would allow local authorities to impose an additional charge on overnight accommodations, such as hotels and bed & breakfasts.

Carmine Di Sibio, the global chairman and chief executive of Big Four accountancy firm EY, has announced plans to step down in June next year. His decision comes in the wake of a scrapped proposal to divide EY into separate audit and consulting businesses, a move informally known as Project Everest.

Scotland's private sector has recorded a mild expansion in activity in the second quarter of 2023, but its growth appears to be losing momentum, according to RBS' latest PMI data. Following a ten-month peak in April with a business activity index of 54.3, the index for May showed a downturn to 50.7,

The Q1 2023 Household Finance Review released by UK Finance has revealed that the enduring inflation and escalating interest rates have begun to pressurise household spending, savings, and borrowing. Notably, affordability issues for potential house buyers have increased due to a combination of tigh

Scottish gold producer Scotgold Resources has been challenged with an imminent leadership change after its CEO, Phil Day, announced his intention to resign.