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.
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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
Non-bank lender, White Oak, has inked a fresh partnership with the Law Society of Scotland, further deepening its footprint in the Scottish market. The initiative is set to offer flexible funding options to Law Society's 12,000 Scottish solicitors and their clients, bolstering their growth aspiratio
Recent inflation figures have pushed lenders to consider increasing fixed-rate mortgages to 5% and above.
April witnessed a significant surge in insolvency-related activities in Scotland, the highest this year, new research by R3, the insolvency and restructuring trade body, has revealed. R3’s analysis of data provided by Creditsafe shows there were 122 cases of insolvency-related activity, which
The Edinburgh International Conference Centre (EICC) increased revenue by 45% to £11.8 million in the year to 31 December 2022 (2021: £7.4m), but recorded a decrease in operating profit to £700,000 from £1m the previous year. CEO Marshall Dallas attributes this growth to
Crown Estate Scotland has secured £262 million in applicant fees from the first leasing round designed to enable offshore wind energy to directly supply offshore oil and gas platforms.
Scottish underground energy storage firm Gravitricity has signed a collaboration agreement with Czech electricity flexibility aggregator Nano Energies to develop commercial routes to market for their gravity storage technology. Last month the Edinburgh storage pioneer unveiled plans to transform the
Scottish firms had over 1.2 million overdue invoices on their books this winter, new research from insolvency and restructuring trade body R3 has revealed. R3’s analysis of data provided by Creditsafe shows 1,231,703 invoices were overdue in Scotland over the winter months – with 416,856
Highlands and Islands Enterprise (HIE) has welcomed 21 young entrepreneurs from the region onto a year-long programme aimed at developing the next generation of entrepreneurs. The programme, IMPACT30, is led by HIE and delivered by business skills training consultancy, Skillfluence.
Billionaire brothers Sandy and James Easdale have heralded the decision to increase the number of houses planned for the £250 million redevelopment of IBM Greenock as transformational for the region. At a planning meeting held by Inverclyde Council yesterday afternoon, councillors voted in fav
The number of start-ups in Scotland has reached its highest level for five months, according to new research from R3, the insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows there were 3,147 new Scottish firms set up in January 2023 – the highest r
Burges Salmon has advised First Bus, a division of transport group FirstGroup plc, on the acquisition of Essex bus company Ensign Bus Company Limited (Ensignbus). Via its bus division, Aberdeen-headquartered FirstGroup is the second largest regional bus operator in the UK, serving two-thirds of the
Hilltop Leaf, the company behind Scotland’s first medicinal cannabis cultivation and production facility, has raised £2 million from Traditum Private Equity and private investors.
A near 1.7 million invoices were overdue the books of Scottish businesses in the last quarter, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by Creditsafe shows 1,696,445 invoices were overdue in Scotland in Q3 – an increase of
