Techscaler, the Scottish Government’s startup support programme run by CodeBase, will be showcasing some of Scotland’s most promising early stage startups at a London investor event this week. The Techscaler London Investor Showcase takes place at Scotland House London on Wednesday 12 Ma
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New research from Grant Thornton UK LLP has revealed that, while many businesses expect they will need to secure additional funding to support their growth this year, the majority are currently finding it difficult to access the funding required. The firm’s research which surveyed 800 business
Malted AI has secured £6 million in seed investment, with leading contributions from Hoxton Ventures, and joined by Creator Fund and angel investors. The Edinburgh-based AI firm helps enterprises to build smaller, more focused AI models with greater performance at a fraction of the cost, by&nb
The UK Supreme Court has ruled that a Scottish company director had acquired a securities option from his company as part of measures to financially rescue it and became subject to income tax after an appeal against an Inner House decision to the opposite effect was made by HM Revenue and Customs. V
Scottish health tech firm Emblation has unveiled its new £4 million state-of-the-art headquarters located in Stirling, marking a significant milestone in the firm's global expansion journey. With cutting-edge facilities including a gym, games room, sauna, and scenic cycle paths, the new HQ aim
Proposals to allow HMRC to test new policies or processes on small groups of taxpayers before rolling out changes to the wider public will not address the real problems around the implementation of new policies or digital services, the Association of Taxation Technicians (ATT) has warned.
Scotland has experienced a continued downturn in hiring activity, with permanent staff appointments contracting for the fifth month in a row due to economic uncertainty and hesitations from candidates in seeking new roles, according to the recent RBS Report on Jobs survey. While permanent staff
Anders Holch Povlsen, the Danish fashion magnate, has been named the wealthiest person in Scotland, according to The Sunday Times' latest Rich List. This year's Rich List, the 35th annual edition, displayed a marginal decline in the number of UK billionaires, down to 171 from 177 in 2022. However, t
Lloyds Banking Group and homelessness charity Crisis have joined forces in a new two-year partnership to help tackle the shortage of good quality, affordable homes in Great Britain, which is leaving hundreds of thousands of people trapped in homelessness.
Stephen McGowan, a specialist in licensing law, discusses the Scottish Government's current proposals to ban the advertising of alcohol in Scotland. The Scottish government’s current consultation on restrictions around alcohol advertising and sponsorship has attracted considerable attention. I
The 20th round of the Scottish EDGE Awards saw an investment of £1.6 million being handed out to businesses with high growth potential.
The majority of UK equity capital markets leaders (72%) expect to see the UK IPO market make a broad return in the second half of 2023, according to a new survey from KPMG UK. Almost one in three expect to see some bursts of early IPO activity in the first half of 2023, with these views being shared
In a five part series for Scottish Financial News this week, BTO partner Cat MacLean tells the story of an epic legal battle with the Clydesdale Bank. She explains the reality of litigating against a huge opponent with bottomless pockets, the cost and funding of litigation and the need to find
Business activity improved for the fourteenth consecutive month in April, according to the latest Royal Bank of Scotland PMI, as the seasonally adjusted headline Royal Bank of Scotland Business Activity Index rose to 58.9 in April, up from 58.4 in March and indicating a faster increase in private se
Michael Reid, managing partner at Aberdeen-based chartered accountancy practice Meston Reid & Co, discusses the utilisation of bounce-back-loans for unintended purposes. Much has been reported in the media over the past few months about a company obtaining a bounce-back loan and the directors no
