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In a bid to raise awareness of businesses that have flouted the law and deliberately paid their employees less than the statutory National Minimum Wage (NMW) – which is due to rise further from April 2022 – HM Revenue & Customs (HMRC) recently issued a press release listing the most

The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, according to UK Finance. The decision to raise the contactless limit from £45 to £100 was made by HM Treasury and the Financial Conduct Authority following a public c

Edinburgh-based start-up One Year No Beer (OYNB) has launched a crowd-funding campaign to raise £500,000. OYNB is an online toolkit that supports people to reduce or eliminate alcohol consumption to help them to live happier, healthier, and more fulfilled lives.

Bank of America Merrill Lynch and Credit Suisse have urged the Bank of England (BoE) to raise interest rates faster than expected to avoid soaring inflation rates. The call comes as the two banks brought forward their projections for the first interest rate rise since August 2018. While the lenders

Smaller businesses in Scotland raised equity finance more than any other part of the UK outside of London last year, according to analysis from the British Business Bank. Figures from the Bank’s annual Small Business Finance Markets report show that there were 242 equity deals in Scotland in 2

Ski instructor marketplace, Maison Sport, founded by a trio of former members of the British Ski Team, including Edinburgh-based CEO Nick Robinson - has completed a new round of funding, achieving a raise of £1.25 million, following collaboration with a collective of investors, alongside

The Wealth Tax Commission has urged the UK Government to launch a one-off wealth tax on millionaire households to raise up to £260 billion to help the country recover from the coronavirus pandemic. The commission is a group comprised of tax experts and economists brought together by

Artisan Real Estate is set to invest £150 million in residential development in Scotland over the next 12 months in a "radical bid" to raise standards for sustainable living in prime city centre locations in Edinburgh and Glasgow. The regeneration specialist launched a new UK-wide building des

Edinburgh-based Vert Technologies is embarking on an equity funding process to raise £3 million to accelerate the development of its technology in new markets, as it moves towards volume production. The firm is a manufacturer of a revolutionary conical rotary compressor (CRC) that is full

The challenges of digitalisation and the COVID-19 pandemic have introduced unprecedented external pressures on what governments can tax, and how much revenue they need to raise from doing so, according to a new report released today by the Association of Chartered Certified Accountants (ACCA). As po

BrewDog has launched a new crowdfunding campaign to help pay for its sustainability initiatives. The Scottish brewing firm is looking to raise an initial target of £7.5 million, with the longterm goal of £50m by releasing 298,210B shares.

Edinburgh-based software firm Craneware has abandoned plans to raise over £80 million for the acquisition of a firm in the USA after takeover terms were agreed with a third party. The U-turn comes less than 24 hours after the firm announced its fundraising plans.

Banksy paintings worth £1.2 million are to be sold at a charity auction to raise money for Bethlehem hospital. The work to go on sale is a triptych of what appears at first sight to be 19th-century seascapes but are actually politically charged paintings.

A pair of stilettos worn by Amy Winehouse and handwritten lyrics by Bono are among the most sought-after items in an auction being run by Island Records to help raise funds for charities during the coronavirus outbreak.

The Financial Conduct Authority (FCA) has announced a series of measures to help listed companies to raise new funding while retaining an appropriate degree of investor protection.