The British Business Bank has made its first major deal from the £150 million Investment Fund for Scotland, with a £750,000 equity investment, through appointed fund managers Maven Capital Partners into medical technology business Carcinotech. Edinburgh-based Carcinotech has raised &poun
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A pastor who admitted pocketing more than $1 million (around £0.78m) from his followers says the Lord told him to.
Legislation enabling councils to increase their affordable housing stock without having to pay a tax on additional properties has been introduced in the Scottish Parliament. Under changes to the Additional Dwelling Supplement (ADS), paid as part of Land and Buildings Transaction Tax, the length of t
The London stock market recorded just 23 issuers listing in 2023 which is a 49% decline on the 45 seen in 2022 and represents the quietest year on record since 2010, when EY first started collating this data.
Property taxes in Scotland exceeded £600m over the last year according to analysis of the latest statistics by property firm DJ Alexander Ltd.
Ahead of today's Scottish Budget, the Chartered Institute of Taxation (CIOT) and Institute of Chartered Accountants of Scotland (ICAS) have called on the Scottish and UK governments to use the tenth anniversary of the Smith Commission next year to review the implementation of Scotland’s devol
Royal Bank of Scotland is joining forces with Social Bite to host a Christmas dinner for people who’ve experienced homelessness.
An application for planning permission in principle has been submitted for the redevelopment of the Herdmanflat Hospital site in Haddington following three years of detailed surveys, initial design work and a three-month community consultation period. The masterplan for the site was amended to take
The Association of Chartered Certified Accountants (ACCA) has communicated pressing concerns to the Chancellor ahead of the Autumn Budget Statement, stressing the urgency for financial reforms to stimulate the UK economy. In a critical open letter, the ACCA pinpointed three core areas requiring imme
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
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)
