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Exergy3 has raised £10 million in seed funding to scale its proprietary technology addressing three of Europe’s most pressing challenges: industrial decarbonisation, grid balancing and energy security. The raise comes as strain on the European energy system intensifies. In the UK alone,

New legislation gives councils who choose to introduce a visitor levy greater choice in how they design and apply it to raise funds for local tourist services. The Visitor Levy (Amendment) (Scotland) Bill, which has been approved by Holyrood, allows local authorities to set the levy as a single fixe

New legislation has been published that aims to give councils more choice in how they design and apply a visitor levy to raise funds for local tourist services.  While local authorities currently have the power to apply a charge on overnight stays based on a percentage of accommodation costs, t

Chancellor Rachel Reeves has abandoned plans to raise income tax at the 26 November Budget, following improved economic forecasting from the Office for Budget Responsibility (OBR). Ms Reeves had previously hinted at tax rises or "deep cuts" to public investment to fill a significant gap in her spend

The UK government is facing a fresh internal row after Chancellor Rachel Reeves reportedly informed the fiscal watchdog of plans to raise income tax, breaking a key 2024 manifesto pledge.

A never-before-released whisky is expected to raise up to £70,000 in support of archaeological excavation works in the Cairngorms. The Glenlivet Eternal Collection, Second Edition, 56 Year Old, 1 of 1 is the second release in a partnership between Chivas Brothers and Sotheby's.

With a projected £50 billion shortfall in public finances and a pledge not to raise income tax, national insurance or VAT, speculation is mounting that Chancellor Rachel Reeves may turn again to Inheritance Tax (IHT) reform when she makes her autumn budget statement on 26 November, writes Emma

An auction of quirky items to help raise money for the restoration of Parnham House in Dorset exceeded expectations by raising double the estimated amount. 

The Scottish Government's recent commitment to raise the charity audit income threshold from £500,000 to £1 million marks a significant shift in the regulatory landscape for Scottish charities. This change, set to take effect with the introduction of new Charities Accounts (Scotland) Reg

The Prudential Regulation Authority (PRA) has proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000. The deposit protection limit – which represents the maximum amount of money the FSCS typically protects should

Wood Group has announced plans to accelerate asset sales to raise up to $200 million (c. £158m), following a trading update revealing "material" weaknesses in governance and a weaker-than-expected Q4 performance.

Investing Women Angels (IWA) has announced it will back a series of investment rounds over the next four months that is set to raise more than £4.5 million for four female-founded companies in Scotland. They include Cytochroma, an innovative life sciences company which IWA initially supported

Staff at Scottish Friendly in Glasgow have taken part in the 'Boycott Your Bed' challenge to raise funds for Action for Children.

Capital residents, businesses and visitors are being invited to have their say on the final plans to raise over £100 million by 2030 from tourism to support the city of Edinburgh. Launching immediately after the Visitor Levy (Scotland) Act 2024 came into force – which grants Scottish cou

The next stage for a potential visitor levy scheme in Aberdeen which would raise revenue to be used for improvements for the tourism sector in the city is to be developed.