Clean technology firm H2CHP has received £800,000 in new funding from TRICAPITAL Angels and Blackfinch Ventures to advance its innovative free-piston engine designed to help decarbonise the shipping sector. This latest investment brings the total raised by the company to nearly £4 millio
Search: raise
Accountancy firm MHA has gone public and commenced trading on London's AIM market this morning at a valuation of £271 million, marking the largest AIM IPO in the business support services sector over the past five years. The UK arm of Baker Tilly International successfully raised £98 mil
Nikhil Rathi has been reappointed as chief executive of the Financial Conduct Authority (FCA) for a second term.
The cost-effectiveness of public inquiries in Scotland is to be the subject of a new parliamentary investigation. It will be the first time a Holyrood committee has examined the matter in depth.
A commercial judge has dismissed an action by a former company director seeking over £500,000 from the accounting firm instructed to value his shares for compulsory sale after finding that the firm did not act negligently in carrying out the valuation. Mark Coulter raised the action against An
Administrators overseeing the liquidation of Perthshire-based Hadden Construction Limited have revealed that unsecured creditors, owed millions, are unlikely to receive any funds. The company, which entered administration last September, resulting in 67 job losses, has amassed debts exceeding £
The Institute of Chartered Accountants of Scotland (ICAS) has said that the Chancellor’s Spring Statement leaves businesses and the public with uncertainty about how the UK government will deliver on some very big promises. Chancellor Rachel Reeves was in an optimistic mood about collecting an
Phoenix Group shares experienced a surge of over 6% on Monday, following the company's announcement of significantly exceeding its cash generation targets and upgraded future guidance. The FTSE 100 firm, which owns Standard Life, reported a 31% increase in 2024 operating profit, reaching £825
The UK economy unexpectedly shrank by 0.1% in January, a setback for the government as Chancellor Rachel Reeves prepares for the Spring Statement. This contraction, driven primarily by a decline in manufacturing, falls short of economists' predictions of 0.1% growth.
Dundee City Council has named Paul Thomson as its new executive director of Corporate Services, effective this April. Mr Thomson, currently head of corporate finance, will succeed Robert Emmott, who departs to become Glasgow City Council's new executive director of financial services.
James Milne Chartered Accountants has strengthened its Inverurie office with the appointment of Mark Hay as an accounts manager. A qualified Chartered Accountant (CA) since 2006, Mr Hay brings extensive experience from his time at firms in Edinburgh, Dundee, and Aberdeen.
President Donald Trump has instructed the US Treasury Secretary to cease production of one-cent coins.
Supermarket chain Aldi is piloting a new £10 pre-payment system at its checkout-free Shop & Go store in Greenwich, London.
The value of venture capital (VC) investment in Scottish start-ups increased 14% in the final quarter of 2024, according to KPMG’s latest Venture Pulse report. A total of £92.3 million was raised by the country’s start-ups from October to December, up from the £80.9m raised i
The Federation of Small Businesses (FSB) Scotland has cautioned that the rushed introduction of the UK's first Visitor Levy could severely disrupt Edinburgh's accommodation sector. Scheduled for a council vote this Friday, the levy would see B&Bs, hotels, and other accommodation providers begin
