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David Kent, head of Scotland for innovation funding consultancy Leyton UK, looks at why Scottish firms are missing out on R&D tax relief and what can be done about it. Innovation is a hallmark of many Scottish companies. From oil and gas decommissioning in the North Sea, to biotech companies in

Aberdeen-based technology firm Proserv has appointed Julie Thomson as chief financial officer. Ms Thomson is a chartered accountant with over two decades of experience in the energy sector. Most recently, she held the role of finance director of the Europe and Africa region at oil and gas company We

Key players in the financial services industry are set on a clear pathway towards collaboration, whether they like it or not, according to a new ‘State of the Industry’ report from Barclays Corporate Banking, An ecosystem in transition. Exclusive research from the bank highlights the con

Livingston-based Optoscribe Ltd, a supplier of 3D glass-based integrated photonic components, has closed its latest investment round led by Archangel.

Savills plc, the international real estate advisor, has posted its full year results for the year ended 31 December 2019, hailing a strong year in Scotland. The group's revenue increased by 10% to reach £1.93 billion (2018: £1.76bn), which was driven by a strong performance (+16%) in the

Business advisory firm Grant Thornton has announced a raft of senior promotions and new hires in its Scottish restructuring and forensic investigations teams, taking the headcount to 20 specialists across its Glasgow, Edinburgh and Aberdeen offices. The team growth is in response to increasing deman

Burges Salmon has appointed Amy McVey as director of the firm's banking team. Building on the successful launch of its Edinburgh office in May 2019, the firm has said that the appointment of Amy McVey demonstrates its further commitment to delivering exceptional service to clients across the UK.

A student from Leeds was sent home from school yesterday after he charged his classmates 50p for a squirt of hand wash. Oliver Cooper, who is a pupil at Dixon's Unity Academy, purchased a £1.60 bottle of Johnson's child hand wash from a Tesco store as he waited for the school bus before he pro

Galliford Try has been ordered by the Financial Reporting Council (FRC) to restate its 2018 accounts after an investigation found the company should not have recognised an £80 million claim recoverable from Transport Scotland on the Aberdeen Western Peripheral Route (AWPR) contract when it did

Chartered accountants Wylie & Bisset has said that Rishi Sunak’s maiden Budget speech still leaves many Scots facing the impact of the widening income tax gap. The coronavirus was naturally the focus of much of the Budget, with significant funding pledges for those affected by th

Finance secretary Kate Forbes has said that rapid joint engagement is needed on funding for the COVID-19 response in Scotland following the UK Government's budget. Responding to the UK budget announcement, Ms Forbes said: "While I’m pleased to see the UK Government’s economic response to

Blairgowrie-based Pet wellness brand Bella & Duke (B&D) has raised £3.5 million in its latest funding round. The fresh investment will be used to help the firm expand into the cat food market and to grow B&D’s sales, marketing and recruitment activities as it continues t

Fund managers MDP Capital LLP have moved into Glasgow’s 310 St Vicent Street office building. MDP Capital has acquired the eighth floor of the building, which measures at3,800 sq. ft.

Aberdeen Smaller Companies Income Trust Plc, a fund managed by Aberdeen Standard Investments, has posted strong full-year results for 2019 with the company’s net asset value having increased by 34.3%. The trust’s share price total return also stood at 578%, this compares with a total ret

Maryculter House, a historic Aberdeenshire hotel, has announced a major refurbishment plan for 2020 with a six-figure investment to support its growth. Maryculter House on South Deeside Road will see all its 40 bedrooms and public areas transformed as part of this significant project which will be c