Increasing capital gains tax (CGT) will not lead to lower investment, slower growth or reduced entrepreneurship, according to analysis from the Institute for Public Policy Research (IPPR). Despite recent claims in the media by a few wealthy individuals, the think tank has consulted with several mill
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Ember has announced that it has raised an £11 million Series A financing round, led by Inven Capital, 2150 and AENU. Existing investors Pale Blue Dot and SkyScanner co-founder Gareth Williams also participated in the oversubscribed round. The company will use the funding to accelerate the roll
SME financier Reward Finance Group has introduced a specialised wellness team to extend wellbeing, mental health, first aid, and menopause support to its employees across its five regional hubs, comprising Scotland, London, Leeds, Manchester, Birmingham. The group's new team, consisting of 30 traine
North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan.
HSBC UK has announced the launch of a £500 million Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between $750 billion and $1 trillion of financing and investme
The Scottish Government needs to be more transparent about its spending in response to the Covid-19 pandemic, following a year in which its budget grew by a quarter, according to Audit Scotland. A report from the Auditor General for Scotland says that during 2020/21 the government's primary focus wa
HSBC UK has announced the launch of a £500m Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between USD750 billion and USD 1 trillion of financing and investment
Two of Scotland’s most successful entrepreneurs, Paddy Burns and Chris van der Kuyl, have today launched a new investment arm for their diverse and growing portfolio of investments. The pair, co-founders of multiple award-winning games developer 4J Studios, best known for developing Minecraft
STV has announced that it has suspended its planned dividend of 14.7p per share and embarked on a cost-cutting mission to ensure that it remains "financially resilient" amid the COVID-19 crisis. The broadcaster issued a trading update yesterday which said that it would suspend its final dividend for
DWF has appointed Caroline Colliston as a director in the firm’s tax team joining from corporate and commercial law firm Blackwood Partners LLP. Based in Edinburgh, she will support the firm’s private and public sector clients domestically and internationally with a focus on tax and share incent
Opportunities for strategic lenders as competitive debt market sees structure become as important as price, according to Savills. At its Scottish Financing Property presentation, Savills revealed that against a backdrop of challenging market dynamics, the debt market remains competitive, with struct
Perth-based renewable energy installer IMS Heat Pumps has been acquired by residential energy services firm Hometree for an undisclosed sum.
Edinburgh-based Unbranded Finance, the UK based non-bank real estate lender, has recently closed a new revolving credit facility with Escapade Silverstone to assist with the completion of their flagship £90m development located in the heart of the Silverstone Circuit.
British Business Investments has committed £30m to the Panoramic SME III fund as part of a final close of £100m, allowing Glasgow-based Panoramic to fund growth opportunities and management transitions for smaller businesses across the UK. Panoramic is an established fund manager that in
PfP Capital, part of social enterprise Places for People, has appointed Catherine Webster as its new chief executive officer. As a social value and ESG-focused real estate fund management firm, PfP Capital currently has £600 million under management across its three existing funds and a signif
