River Clyde Homes has secured a £117 million loan facility from the Royal Bank of Scotland to help address the rising demand for sustainable, energy efficient homes in the west of Scotland.
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Retirement plans are set to be heavily impacted by government proposals to push the state pension age to 68 earlier than planned. The state pension age was originally planned to increase to 67 by 2028 and then 68 by 2039, however, ministers have suggested an overhaul to the age at which pensioners r
Scottish Climate Tech spinout, CCU International, has announced the first funding round to commercialise its patented carbon capture and utilisation (CCU) system which will enable capturing and utilising CO2 for emitters of all sizes — from small to very large industrials. Commencing 5 De
BDO has reported an 11% increase in revenues to £809 million for the financial year 2021/22 with growth across all three of its service lines of audit, tax and advisory. Announcing its results, BDO cited the reasons for growth as being the resilience of its core market of entrepreneurial, high
Edinburgh-based healthtech company Hearing Diagnostics has completed a £1.1 million funding round and is now eyeing commercialisation in the domestic and US markets. Led by angel investment syndicate Archangels, the funding will unlock the spatial hearing screening technology’s market po
Digital chemistry data and software company DeepMatter Group Plc has announced that it is considering cancelling its shares on the Alternative Investment Market (AIM) and returning to private ownership. The decision came after discussions with its major shareholders and potential institutional inves
Perth-headquartered energy firm SSE has warned it will have to reconsider its renewables investments after the UK government's newly announced 45% windfall tax. The levy on low carbon electricity generators was unveiled in last week's Autumn Statement with the aim to raise £14 billion in
Financial experts have warned the Scottish Government against introducing "less competitive rates of tax" in the wake of tax increases and spending cuts announced by Chancellor Jeremy Hunt this morning. In his first Autumn Statement, Mr Hunt extended the freeze on key allowances and thresholds, incl
The first 200 casks of Dunnet Bay Distillers’ Stannergill Whisky have been put on sale by Whisky Hammer. The Caithness-based distillery, which produces the internationally renowned Rock Rose Gin and Holy Grass Vodka, has just announced a £4m expansion into whisky, partnering with Ellon-b
A business survey by the Scottish Chambers of Commerce (SCC), has shown the Scottish economy struggling against a growing whirlwind of pressures including increased input costs, inflationary hikes, mis-judged economic policy choices by the UK government and increased pessimism over the global econom
NFU Mutual is today warning ghost brokers who buy fraudulent policies on behalf of others that they will be found out and could face prosecution. The mutual insurer is supporting the Insurance Fraud Bureau’s campaign to raise awareness of ghost broking, which can leave vulnerable people with i
Scottish data centre and multi-cloud services provider DataVita has appointed James King as its new business development director to lead its ambitions for international growth. A chartered accountant with a background in corporate and project finance, Mr King joins from the Scottish Futures Trust w
Accountancy and business advisory firm Johnston Carmichael has appointed Stephen Oates as its new head of entrepreneurial taxes. Mr Oates, who joins Johnston Carmichael from French Duncan, has more than 17 years’ experience in tax, with significant expertise in working with owner-managed busin
Wave power specialists Mocean Energy have strengthened their board as they plan to commercialise their Blue Star wave machine and raise investment. The Edinburgh firm has appointed experienced non-exec Torger Skillingstad as the company’s chair, with Lynne Ross, a specialist cleantech angel in
ScaleupScotland2.0, a new programme, has been announced which will provide strategic support to Scotland’s high growth, scaling companies. The programme is seeking high growth companies with the potential to achieve over £100 million turnover, and aims to raise ambition and support
