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Enhanced 4G and 5G capability across Scotland will boost the Scottish economy by as much as £17 billion while delivering other substantial economic, social and environmental benefits, according to a new report by Deloitte for the Scottish Futures Trust (SFT).

Housebuilder and developer Mactaggart & Mickel has promoted group financial director Paul McAninch to the new role of chair of the company’s Investments arm, with responsibility for around £80 million of assets. To date the Investment Fund has provided growth capital for more than 50

Auditor KPMG has reportedly forced out one of its partners over messages sent on WhatsApp.

A new Scottish fintech business that provides corporate financiers with fully verifiable data on private company valuations is set to double in size over the next six months, having secured new investment. MarktoMarket, a Data-as-a-Service (DaaS) specialist based in Edinburgh, has rai

Three Ferraris have been seized from a business suspected of seeking to evade VAT responsibilities.

An Edinburgh company whose software platform helps universities to engage and recruit students has secured £1.8m investment from Mercia Fund Managers, the Scottish Investment Bank’s co-investment fund and existing angel investors. This latest funding round will allow GeckoLabs 

Clackmannanshire Council has “laid the foundations for improvement” but “serious challenges” remain for the local authority, according to the Accounts Commission.

Paul McGinnes has been appointed by Leonard Curtis Business Solutions Group to head up its Reach Commercial Finance division in Scotland. Mr McGinnes takes on the head of Scotland role for the company, with a remit to meet the country’s ongoing demand for commercial finance expertise in the SM

Four directors at Edinburgh-based property group Sigma Capital have been awarded £845,000 in bonuses after a successful year. The sum includes £350,000 granted based on Sigma's overall performance last year and £495,000 linked to the performance of Sigma's new private rented sector

FinTech startup Wagestream, which lets employees access their wages early, has closed a £15 million series A funding round, co-led by venture capital investors Balderton Capital and Northzone. In addition, the venture snagged a credit facility of up to £25 from Shawbrook Bank.

Scottish Enterprise and Project Heather have reached agreement on a £750,000 Regional Selective Assistance grant to support the investment in additional talent to support the creation of a stock exchange in Scotland. The grant provides for up to 45 high-skilled jobs in Edinburgh, where the exc

The value of Venture Capital (VC) investments made in Scotland slowed in the first three months of 2019 due to ongoing Brexit uncertainty, according to Venture Pulse, a quarterly report on global trends published by KPMG. A total of six deals were completed in the first three months of 2019 with a t

Governor of the Bank of England Mark Carney has warned that interest rate increases could be "more frequent" than expected if the economy picks up following a resolution of the current political impasse. Economic growth has been subdued since the UK voted in June 2016 to leave the EU and markets are

Edinburgh-based wealth management partnership Baillie Gifford has launched its Schiehallion Fund (MNTN), a new closed-end investment company dedicated to the unlisted ‘unicorns’ that its flagship Scottish Mortgage Trust has successfully pioneered.

New housing developments built in city centres have the potential to stimulate 50 per cent more economic growth than similar developments located at urban fringes, according to a new report. The study, conducted by KPMG’s specialist Infrastructure, Building and Construction team, rai