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In its 14th consecutive increase, the Bank of England has raised interest rates by 0.25 percentage points to 5.25%, a move that slows down the pace of increases as signs emerge that the persistently high inflation in the UK is starting to ease.

Sir Tom Hunter, through West Coast Capital (WCC), the investment arm of the Hunter family, has made a multi-million-pound contribution to Ellipses Pharma, an innovative cancer drug venture.

In a revelation by the UK's Information Commissioner’s Office (ICO), it has emerged that a former tracing agent for Royal Bank of Scotland, resorted to unscrupulous methods to assist the bank in debt recovery.

Restructuring firm Begbies Traynor has reported an 11% rise in revenue, from £110 million to £121.8m, and a 16% increase in adjusted profit before tax, from £17.8m to £20.7m, for the financial year ending 30 April 2023. This success was attributed to the firm's expanded focus

Peter Shand discusses the tax implications of owning and collecting art, including Inheritance Tax (IHT) and Capital Gains Tax (CGT), and emphasises the importance of tax planning and professional advice for art collectors, whether their collection is vast or modest. Lawyers often pose unexpected qu

HSBC, which accounts for nearly a quarter of the home loans market, has withdrawn all of its residential, buy-to-let and business mortgage deals.

Edinburgh-based venture capital (VC) firm Par Equity has attained B Corp certification, further solidifying its commitment to sustainable and socially responsible business practices. The certification, often seen as the gold standard for social and environmental performance, marks the company as a l

Equity investment for Scottish businesses has hit an all-time high of £953 million in 2022, up by 26% from £754m the previous year, according to a report from Scottish Enterprise. This solid growth rate outperformed many other UK regions, with Scotland's investment market coming second o

Avant Homes Scotland, a Stirling-based housebuilder, has put forward plans for the construction of 342 new homes at Blindwells in East Lothian, carrying a gross development value of £91.6 million. The planning application follows Avant Homes’ agreement to acquire a 20-acre site at Blindw

Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK's Venture Pulse Report. This slump is attribute

The Scottish Building Society has reaffirmed its commitment to Scotland's high streets by unveiling its revamped Galashiels relationship centre on Bank Street, part of a nationwide investment in its physical branches. CEO Paul Denton joined staff and local members in celebrating the refurbishment, w

Glasgow-based McCrea Financial Services has chosen two local charities to support in the year ahead as it looks to add to a huge £650,000 the company has raised for good causes.

Clean energy company Verlume has secured £7.2 million in funding, with £6.6m provided by the Scottish National Investment Bank, to support its expansion plans. The Aberdeen-based firm specialises in intelligent energy management technology that enables a constant power output from renewa

Bamburgh Capital, a boutique corporate finance adviser, has facilitated a transaction for its client Tekmar Group, involving an investment of over £20 million from SCF Partners, a US-based private equity firm with its UK base in Aberdeen.

Despite a decline in profits due to increased energy costs, iomart Group has said it expects to report record revenues of £115 million in its June full-year financial results. In its latest trading update, the Scottish cloud computing firm estimated adjusted EBITDA to be at £36.2m, and a