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
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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,
A courthouse dramatically went into lockdown after suspicious packages on its doorstep were reported to police – which turned out to be from Taco Bell.
Investing Women Angels (IWA) has become the first Scottish angel group to achieve a Nasdaq exit following this week’s successful listing of TC Biopharm on the New York-based stock exchange. Motherwell-headquartered TC Biopharm, a clinical stage biotechnology company developing cell therapies i
Scottish salmon exports recovered to near-record figures in 2021, according to new figures released by the UK Government.
Flaws found in the way Scottish Canals recorded and valued its assets meant auditors could not give an opinion on its accounts, according to a new report published by Audit Scotland. Scottish Canals' status changed from a public corporation to a non-departmental public body in 2020/21. That cha
Charles Darwin stole his theory of evolution from a Scottish naturalist, a criminologist has said. Dr Mike Sutton says his research proves “overwhelming” similarities between On the Origin of Species and the work of Perthshire-raised Patrick Matthew.
The Resource Management Association Scotland (RMAS), the organisation representing Scotland’s SME resource and waste management sector has warned that plans to end the Red Diesel exemption for several industry sectors will further impact on the UK’s cost of living crisis. RMAS says the i
