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The Scottish Government has today published the analysis of responses to the public consultation on the Scottish National Investment Bank Bill which ran from September to October last year. Today's document is the first of many milestones for the nation's first investment bank in 2019 as

Barclays has announced that it is partnering with fintech business MarketInvoice, Europe’s largest online invoice financing platform, in a deal that is set to transform the way small and medium enterprises (SMEs) in the UK manage cash flow and accelerate growth.

Benny HIggins A Scottish National Investment Bank is one step closer, following the publication of the implementation plan.

The UK government has formalised an amendment to the Pension Schemes Bill, marking a shift in how retirement funds can access private markets. By backing down on previous restrictive language, ministers have ensured that the new legislation remains "wrapper agnostic", focusing on the quality an

Law firm CMS is to host a new event aimed at helping junior professionals enhance their understanding of ESG (Environmental, Social and Governance) issues within the workplace. The Breaking Down the Buzzword event is led by CMS’s Scotland ESG Focus Group in collaboration with CMS Link, a netwo

GlenWyvis Distillery in Dingwall, the world’s first wholly community-owned distillery, has secured additional financing of £500,000 from the Catalyst Fund. The funding will help GlenWyvis continue and develop whisky production, create new jobs, and strengthen its marketing and sales capa

As Scottish Widows prepares to launch an open-architecture Long Term Asset Fund (LTAF) later this year, pending regulatory approval, Aberdeen Investments has been appointed an initial manager of the growth sub fund. The LTAF will provide access to the full universe of private market investments and

The Tayside Solicitors Property Centre (TSPC) is set to host a Property Investor Evening at TSPC, 11 Whitehall Crescent, Dundee, from 5.30pm until 7pm on Thursday, 26 September 2024. Speakers sharing stories and guidance will include a Dundee couple who swapped policing for property.

The Scottish National Investment Bank has invested £20 million in ZeroAvia, a developer and manufacturer of zero-emission engines for commercial aviation. The funding completes the company’s Series C financing, reaching $150m (c. £115m), and will bolster the burgeoning aerospace su

Unity Trust Bank has posted strong half-year results as it celebrates its 40th anniversary. Net lending increased to £1.032 billion, with 40% of loans allocated to organisations in areas of high deprivation, 57% specifically supporting disadvantaged or marginalised groups, and 59% going to org

Angus-based textile firm Wilkie has acquired Bradford Industries' factory in Lowell, Massachusetts, for an undisclosed sum. The move expands Wilkie's American presence, adding 25 employees and £6.25 million in revenue. The Scottish business, operating since 1868, specializes in industrial text

Scottish start-up business Trademylux Limited has secured a £300,000 investment from TRICAPITAL Angels Limited and Scottish Enterprise as it launches the first in a series of luxury goods resale platforms. Trading as sellmyartworks.com, the first venture will focus on the art resales market an

A former Aberdeen hotel is to be developed into student accommodation following the completion of a £9.7 million development loan facility. The site was formerly a Hilton Hotel that ceased trading in early 2020. As such, only minimal work is necessary to achieve the conversion to stu

Scottish dental group Clyde Munro has acquired its 75th practice – with deals agreed in principle for a number more to join its network in the coming months. Clyde Munro has been buying dental practices in Scotland at a rate of three per month, as it continues to deliver on its ambitious growt

Female-powered businesses are attracting an increasingly large amount of equity investment – a record £5.05 billion in 2021 – but female founders are more vulnerable to the dilutive effect of equity funding than their male counterparts, according to J.P. Morgan Private Bank. The ba