Scotland's onshore GDP saw a slight decline of 0.3% in June, following a 0.2% growth in May. The overall picture for Q2 remains positive, with 0.6% growth, compared to Q1's 0.5%. The largest contribution to headline GDP in was electricity & gas supply, which contributed 0.3 percentage points to
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The Scottish National Investment Bank (SNIB) has invested a further £10 million in Highland Broadband.
The company behind plans drawn up by Silicon Valley billionaires for an $800 million (c. £620m) utopia in central California have been forced to put the project on hold after the release of a report highlighting huge potential costs to taxpayers. California Forever had promised
The Financial Conduct Authority (FCA) has published new exchange listing rules setting out a simplified listings regime with a single category and streamlined eligibility for those companies seeking to list their shares in the UK.
Barrhead Travel has invested £250,000 in the future of Scotland's high streets through a series of store refits, expansions and new uniforms for customer-facing teams. The first half of this year has seen the revamp of four stores including the Gyle, Braehead, Newton Mearns and Glasgow Fo
Funders are out in force and looking for opportunities as the commercial property sector in Scotland once again demonstrates its resilience, writes Ian Woods as he analyses trends in various sectors and critiques government policies. This time last year, it would have taken a large amount of br
Debt expert Sharon McDougall discusses the complexities of director liability for company debts, exploring scenarios where directors may be held personally accountable despite the protection of limited liability, and the potential consequences thereof. The legal structure of a limited company means
Law firm Burges Salmon has advised Edinburgh-based Calcivis, a biotech firm that aims to revolutionise early-intervention diagnostics in dentistry, on its £5 million investment. The Burges Salmon team advising Calcivis was led by senior associate Katie Carter, partner Danny Lee, solicitor Will
Nebu-Flow, a University of Glasgow spinout developing next-generation inhaled drugs for respiratory disorders, has secured an additional £4.7 million investment. The company’s nebuliser platform has been developed to provide a number of advantages over existing technologies. Overall, the
Growth capital investor BGF has made a £2.5 million follow-on investment in Edinburgh-based Hyble, a provider of marketing technology to the global drinks and hospitality sector, as part of a £2.8m funding round.
Legislation to give Edinburgh and other Scottish local authorities the power to introduce a visitor levy took another significant step forward yesterday with MSPs approving its passage to a third and final stage.
On-street electric vehicle charging specialist Trojan Energy has secured a £26 million investment to propel its growth plans. The funding comprises £8m from growth capital investor BGF, coupled with an £18m follow-on investment from the Scottish National Investment Bank.
Archangels invested more than £13.8 million during 2023 in eleven of Scotland’s best early-stage tech and life science companies. The total investment for 2023 among 11 businesses represents a small increase on Archangels’ investment activity in 2022 (£13.4m).
London-based Elbow Beach Capital, the decarbonisation, sustainability and social impact investor, has announced a £1m follow-on investment in Munro Vehicles, a manufacturer of all electric 4x4 vehicles and Scotland’s only volume production car company.
Last month's Autumn Statement introduced numerous spending commitments, including adjustments in wages, pensions, benefits, and business rates, setting the stage for the upcoming Scottish Budget.

