Scottish fintech CrowdX has announced the appointment of Paul Atkinson as its chairperson. Mr Atkinson has a recognised track record of building value for companies in the technology and services sector. He is a founding partner of venture capital firm and EIS fund manager Par Equity, and chairman o
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Edinburgh-based Game4Padel, which is backed by tennis star Andy Murray, has attracted investment of more than £2.5 million to develop a UK-wide network of playing facilities for one of the world’s fastest-growing participation sports. The firm has completed its third successful funding r
John Rodger, partner and property specialist at accountants Chiene + Tait, discusses the potential consequences of the new Residential Property Developer Tax (RPDT). As the inquiry into the 2017 Grenfell fire continues, so too do financial repercussions from the tragedy which left 72 people dead.
Edinburgh-based start-up Crover Ltd has announced its first funding round through Crowdcube.
Hundreds of police dogs trained to sniff out illegal drugs are enjoying early retirement following the legalisation of cannabis across swathes of the United States.
The sale of Kier Group's housebuilding arm to a newly formed company owned by Terra Firma founder and chairman Guy Hands has now been completed.
Mattioli Woods plc, the specialist wealth and asset management business, has announced the proposed acquisitions of Glasgow-based Maven Capital Partners UK and LWMG Topco Limited. The firm has also announced an equity fundraising to raise gross proceeds of approximately £110 million and an add
Voyager, the Perth-based health and wellness company established to supply high-quality Cannabidiol (CBD) and hemp seed oil products, has closed a successful crowdfunding round after attracting substantial investor interest. The firm has raised £874,000 from some 350 investors, representing an
IPPR Scotland, Scotland’s progressive think tank has called for significant changes to council tax, in new research published today. The report finds that council tax is not currently working, and shows that it doesn’t raise enough money - Scotland would have £600 million more to s
Glasgow-based cashback app Swipii has today launched its first-ever crowdfunder as it seeks to quadruple its business network to help power the Shop Local recovery. Hosted by Crowdcube and going live today at 11am, Swipii is seeking to raise £750,000 to accelerate expansion plans and extend th
The Competition and Markets Authority (CMA) has provisionally found that the proposed merger between Crowdcube and Seedrs will reduce competition and innovation. Crowdcube and Seedrs are the 2 largest equity crowdfunding platforms in the UK. These types of platforms connect small and medium-sized en
Two in five (39%) SME owners say the stress of COVID-19 has caused them to experience sleep problems or insomnia, according to a new study from small business insurer Simply Business.
The Financial Reporting Council (FRC) has today issued advice for companies on how to report transparently and effectively when departing from certain provisions of the UK Corporate Governance Code. The Code sets high standards for Corporate Governance. It recognises that companies have differing ci
AMTE Power, the Thurso-based developer and manufacturer of lithium-ion battery cells for specialist markets, has announced its intention to seek admission to trading on AIM of the entire issued and to be issued ordinary share capital of the company. Admission is expected to take place during March 2
With exactly four weeks to the day until the Chancellor delivers his Budget speech, Chris Sanger, EY's head of tax policy, has set out his predictions. While it’s been nearly a year since last Budget, the Chancellor has arguably spent more time delivering the series of mini ‘Covid-19 cri
