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MPs have warned HM Revenue and Customs to consider the public impact of further cost cutting, in order to avoid a repeat of a recent collapse in customer service.

Following Friday’s announcement from the Halifax that it is to raise the age limit for people paying off mortgages to 80, the Nationwide has today gone one further and upped its limit to 85. The move will be seen as the latest sign of the impact of rising house prices on buyers.

The financial crisis triggered the two largest annual falls in real government receipts since at least 1956, according to think tank the Institute for Fiscal Studies, which said it expects that by the end of the decade tax receipts as a share of national income will return to their pre-recession lev

Graham Hunter The Glasgow-based football publishing company responsible for the autobiography of football icon Andrea Pirlo has raised more than £30,000 through a crowdfunding drive to help maintain and improve a popular football podcast.

Staff from Johnston Carmichael and Johnston Carmichael Wealth’s Aberdeen offices have raised morethan £5000 through a series of initiatives for CLAN Cancer Support, which offers emotional and practical support to people affected by cancer across Scotland. Each year, employees at the accountant an

A group of companies, a third of which are Scottish, are set to launch a £600 million case action against Royal Bank of Scotland after securing financial backing for the crusade. The 270 firms that make up the action group claim that the 80 per cent taxpayer-owned bank’s now infamous Global Restr

Edinburgh-headquartered Wordsmith AI has announced a $70 million (c. £52m) Series B funding from Highland Europe and Index Ventures among others. The legal AI startup was founded by CEO Ross McNairn, CTO Volodymyr Giginiak, and COO Robbie Falkenthal. Mr McNairn is a former lawyer turned techno

Celtic Renewables, the breakthrough Scottish green chemicals firm, has secured £16.23 million in public and private funding to scale its production of high-demand green chemicals. The funding comprises £5m in new investment from Scottish Enterprise, Scotland's national economic developme

Quantcore, a University of Glasgow spin-out, has raised £2.5m in seed funding to create a sovereign supply chain for quantum hardware, as the UK races to build domestic capacity in technologies critical to national security and economic competitiveness. The round was co-led by PXN Ventures, Bl

Edinburgh-headquartered Rhizocore Technologies, a biotechnology company which uses fungi to improve tree growth and survival rates, has secured £4.5 million in investment to scale its innovative approach to forestry and woodland restoration. The funding round was led by The First Thirty, a spe

Scottish Friendly has raised £14,800 for Action for Children following a fundraising weekend involving colleagues from across the organisation. Action for Children is one of Scotland’s largest children’s charities, supporting vulnerable children, young people and families.

Benbecula Distillery – one of Scotland’s newest whisky producers, based in the Outer Hebrides – has secured a £1.5 million investment boost from the British Business Bank’s Investment Fund for Scotland. Delivered via Maven Capital Partners, the deal represents the fund&

University of Edinburgh spinout Trogenix has secured £70 million in a Series A funding round to advance its innovative cancer therapies into clinical trials. The investment will accelerate the development of treatments for aggressive solid tumours, beginning with glioblastoma, one of the deadl

North-east accountancy firm SBP Accountants & Business Advisers (SBP) has successfully raised £6,439 for its 2024 corporate charity partner, Autism and Neurodiversity North Scotland (A-ND). A-ND provides essential, life-changing care and support services to over 230 individuals and familie

Scottish company Mask Logic has secured over £780,000 in seed funding and grants to bring its respirator to market. The Edinburgh company has developed a first-of-a-kind reusable face mask, uniquely tailored to each individual's face. Designed to improve safety and comfort in workplaces where