Scottish renewables company Renewco Power has announced its expansion into the US with the acquisition of several key projects. Renewco has agreed on a deal to acquire a 1.5GW pipeline of early stage utility-scale solar projects alongside 500MW of battery storage projects from Beaufort Rosemary, a V
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The new Edinburgh-based Port of Leith Distillery has completed its latest funding round in record time, raising £2 million for its forthcoming £12m vertical distillery.
Audit partners at Big Four accountancy firm EY are set to receive multi-million-pound payoffs if the firm implements plans to separate its audit and consulting business. In June, it emerged that EY was considering a full separation of its auditing and consulting business. According to leaked interna
Colin Millar, corporate partner at Wright, Johnston & Mackenzie LLP (WJM), highlights some of the potential pitfalls and shortcomings of crowdfunding that can often be overlooked. Rock band Marillion, fronted by Dalkeith’s own Derek Dick aka Fish, is often somewhat unexpectedly c
EQ Accountants has congratulated three of its staff on completing the Edinburgh half marathon yesterday. Steven Todd, Caitlin Treschman and Roshannah Cox from the firm's Glenrothes office completed the trek in aid of the firm's charity of the year, SAMH.
An appeal by a Scottish landfill operator against a decision of the First-tier Tribunal that material used in the construction of landfill cell walls should be taxed at the standard rate has been partially successful. Barr Environmental Ltd raised the action in the FtT challenging Revenue Scotland&r
Aberdeen-based biopharmaceutical company Elasmogen has secured an £8 million investment from BGF and the Scottish National Investment Bank, with additional support from existing investor Scottish Enterprise. The multi-million-pound investment will enable Aberdeen-based Elasmogen to continue de
A Canadian MP has apologised after making a remote appearance – from a toilet. Other MPs quickly recognised the distinctive background of the parliament building's bathroom as Shafqat Ali, a Liberal MP in Toronto, joined the parliamentary session from his phone.
Fast-growth businesses in Scotland continue to attract huge volumes of venture capital (VC) investment, despite the uncertain geopolitical and macroeconomic environment, according to the latest figures from KPMG UK. Scottish scaleups saw 41 deals completed in the first three months of this year, rai
The North American Income Trust plc, a company managed by abrdn, has posted strong results for the year ended 31 January 2022. The fund's Net Asset Value (NAV) total return (NAV) rose by 25.7%, this compares with The North American Income Trust plc benchmark, the Russell 1000 Value Index which retur
William Cullen, senior manager of specialist firm Dunedin Advisory, discusses the options available for Scottish residents who are struggling financially. With the increasing cost of living - many facing hiked up utility bills running into hundreds of pounds per month and increases in many other ess
East Kilbride-based FreeFlow Technologies (FFT), which has developed a light power to weight e-Bike motor, is moving into production following the completion of a £1.65 million funding round led by investment syndicate Kelvin Capital. The new investment will accelerate the production of units
Business advisory firm Dow Schofield Watts, which has an office in Aberdeen, has earmarked £2 million in grant funding to attract professional services teams as it seeks to expand its footprint and open a second office in Scotland. The Dow Schofield Watts Entrepreneurship Grant scheme will be
Edinburgh-based ad tech company Good-Loop has closed a Series A round of £4.5 million. The funds will be used to accelerate the company’s product roadmap, including the development of new solutions aimed at reducing digital advertising’s substantial carbon footprint.
The Edinburgh Tax Network and Chartered Institute of Taxation invite you to join Scottish Government officials and David Phillips from the Institute for Fiscal Studies for an update on developments in devolved taxation. The event will take place on Thursday 10th March 2022 at the Mackenzie Building,
