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
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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
Edinburgh-based start-up, Sustainably, voted Richard Branson's Start-Up of the Year in 2019, have announced the launch of their £300,000 crowdfunding campaign on crowdcube. The mother-daughter team are looking to raise the funds to enable them to market to new users and charities as well as im
Hillcrest has received funding of £100,000 from Barclays to support people in Scotland who have been most affected by the pandemic. The funds will enable Hillcrest to upscale the services they currently deliver to help vulnerable people, such as low-income families, isolated older people and p
Watts Commercial Finance's team in Scotland has secured funding offers totalling over £700,000 for three clients with all facilities being fully approved less than seven days after being submitted. A very promising sign for the strength of the Scottish economy, this funding amongst all the oth
Neil Norman, head of entrepreneurial tax and senior tax partner at Chiene + Tait, discusses the issues surrounding potential changes to taxation in light of the COVID-19 pandemic.
An Australian advert that displays a man eating a bat sandwich is being investigated by the country's advertising watchdog.
Finance secretary Kate Forbes has said that the Scottish Government is both 'surprised and disappointed' over Chancellor Rishi Sunak's business support announcement made yesterday. The chancellor announced that UK businesses in the retail, hospitality and leisure sectors are to receive a one-of
