Venture capital investment in Scottish start-ups has surged in Q3 of 2023, with a total of 28 deals amounting to £202 million, according to KPMG’s latest Venture Pulse report. This marks the highest quarterly value since Q2 2022 when £325m was recorded over 45 deals. The rebound co
Search: raise
Stephanni Houston, a 39-year-old administrative worker from Ayr, has been sentenced to 38 months in prison for embezzling over £516,000 from two companies in a span of four years. The embezzlement followed a previous conviction at Ayr Sheriff Court where Houston, then known as Bryden, was
BrewDog Distilling Co. will release its first ever rum casks for sale as part of an annual online auction with specialist spirits auctioneer, Whisky Hammer.
August saw the highest ever level of property tax revenues per transaction in Scotland according to analysis of the latest statistics by property firm DJ Alexander Ltd. The firm said that the Scottish Government revenues from Land and Buildings Transaction Tax (LBTT) in August 2023 were £64.1
A lawyer who defrauded clients of almost £2 million after falling for a lottery scam has been jailed for four years. Scammers convinced Norwich solicitor Hugh Lansdell, 74, that he had won a postcode lottery in Spain but needed to hand over increasing amounts of cash to access his winnings.
A fundraising campaign is underway today to re-open Edinburgh’s Filmhouse, a well-loved cinema known for presenting one of the most ambitious and diverse cinema programmes in the UK. The ambition is for Filmhouse to open its doors once again in 2024. Newly formed charity Filmhouse (Edinburgh)
The Institute of Chartered Accountants of Scotland (ICAS) highlights key concerns in response to the Financial Reporting Council’s draft revised UK Corporate Governance Code, and calls for any changes to support wider government objectives to grow the economy. The institute also wants to see e
The UK economy has contracted by 0.5% in July, erasing the growth it had achieved in the previous month. According to the EY ITEM Club, a broad-based decline in GDP across all three main sectors – services, construction, and industrial output – occurred for the first time since June
Up to 50% of business exits occur due to an unexpected approach from potential buyers, however many business owners fail to maximise shareholder value as they are ill prepared for the 'tap on a shoulder' approach, according to research by Azets. An unsolicited approach is when a buyer such as a larg
Scottish scaleup Krucial, which utilises space technology to provide digital solutions, has secured further funding of more than $3.7 million (£3m) as it continues to expand into international markets. The investment was led by existing investor the Scottish National Investment Bank, joined by
The Royal Bank of Scotland's latest PMI survey recorded almost no change in business activity across Scotland's private sector for August 2023. The Scotland Business Activity Index slipped from 51.1 in July to an exact 50.0, ending six months of growth. In addition to this, new orders across both th
Scott Wright looks at First Minister Humza Yousaf's efforts to strike a balance between pro-business and anti-poverty agendas in his first Programme for Government, examining key policy initiatives, reactions from the business community, and looming challenges related to public finances and soc
Lanarkshire’s thriving business community celebrated its achievements at the 2023 Lanarkshire Business Excellence Awards Gala Dinner on 1 September.
Auction House – operating as Auction House Scotland in Scotland - says that its latest record sales figures prove that buyers are still snapping up UK property, as long as it is correctly priced. Between January and July, the group sold 2,644 properties – more than ever before at this st
A team from wealth manager RBC Brewin Dolphin’s Edinburgh office has recently spent a day volunteering at the city’s Harmeny Education Trust. The team of nine undertook various tasks around the estate, including building a fence around the perimeter of the estate, an extension to one of
