Mid-market private equity investment in Scotland remained resilient throughout 2019 despite ongoing political and economic uncertainty, according to new research from KPMG. A total of 32 Scottish deals were completed over the course of 2019, down from 34 in 2018. While only representing six per cent
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Scottish-based cashless online group collections company GiftRound has launched a £75,000 crowdfunding round to scale up and help disrupt the way people ‘group collect’ for gifts.
Edinburgh-based investment firm Equity Gap invested £3.9 million last year in what the firm's directors hailed as a "strong performance".
UK private equity (PE) deal volumes fell to their lowest levels in five years as economic and geopolitical uncertainty gripped the market, according to new research from KPMG. KPMG’s latest study of UK transactions involving private equity investors indicates that a total of 978 deals complete
The Financial Reporting Council (FRC) has today launched a consultation on revised auditing standard for identifying and assessing risks of material misstatement. The FRC’s changes reflect revisions made by the International Auditing and Assurance Standards Board (IAASB) and are designed
The Association of British Insurers (ABI) is urging the government in its forthcoming budget on 11 March to cut the rate of Insurance Premium Tax (IPT) and ease the squeeze on families and businesses who do the right thing by taking out insurance. The government currently earns more from IPT than it
Santander announced last week that it will slash the interest rate it pays to customers for its 123 current account from 1.5% to 1%.
Kinloss-based Wooha Brewing Company has launched an ambitious £600,000 crowdfunding campaign to help achieve its international expansion goals.
The UK House Price Index released today by the Office for National Statistics (ONS) has revealed that Scotland’s house prices are rising faster than in England.
Greater clarity is needed around the core functions and finances of the Scottish Police Authority (SPA) so that it can build a modern and financially stable police service, the Auditor General has said. A report from the Auditor General highlights some progress over the last year amid a raft of
Most of Scotland’s 32 councils are increasingly relying on money from reserves to keep up with demand for services and balance their budgets, with financial pressures likely to get worse, according to the Accounts Commission. A report today from the local government watchdog found that while d
A prominent barrister has sold 7,000 bottles of wine from his private collection for £8 million at auction.
Edinburgh-based Cyan Forensics has secured £1.3 million in funding from Triple Point Investment Management, Mercia, SIS Ventures, the Scottish Investment Bank and private investors. Cyan Forensics' digital analysis tool can find terrorist handbooks or child sexual abuse material on devices wit
The highest earners in Scotland will pay less tax than their counterparts in the rest of the UK under Jeremy Corbyn's plan for government, a new analysis by the Fraser of Allander Institute has found. The economic research institute which is based at the University of Strathclyde has carried out an
Understanding the complex UK tax system is hard as it is, but when you layer on the interaction with the devolved administrations, the task gets even harder for Scottish voters. RSM’s Shirley McIntosh unpicks the manifesto claims with a Scottish lens. We have often mentioned the complexity of
