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Edinburgh-based science investment company Frontier IP has announced that one of the companies in its portfolio – The Vaccine Group has started work on a COVID-19 vaccine. The Vaccine Group completed a £680,000 equity fundraiser in January 2020 that valued TVG at £9.

Accountancy firm EY has appointed Hywel Ball as its UK & Ireland managing partner and chairman as it prepares for its audit and consultancy divisions to be divided.  EY offered the job to Mr Ball after a leadership content where he beat Lynn Rattigan, EY’s current UK chief operating o

Betway has been ordered to pay an £11.6 million fine by The Gambling Commission for failing to ensure that money deposited by gamblers was not obtained through criminal activity.

Assetz Capital has secured funding from British Business Investments (BBI), a commercial subsidiary of the British Business Bank, to help boost UK house building projects. The £15m commitment from British Business Investments will support in excess of £100m of new lending to smaller busi

Wednesday’s Budget announced that the income thresholds for calculating the tapered Annual Allowance will increase by £90,000 from 6 April 2020, a move which was broadly welcomed by General Practitioners and members of the NHS Pension Scheme. From 6 April 2020, only those with a total ta

Alistair Greig, the financial services chief behind a £13 million Ponzi scheme, is facing jail time for the scam. The fraud saw 165 victims of the scheme convinced to place their money in “guaranteed” high-interest accounts which cost many victims their life savings.

Edinburgh-based investment manager Cameron Hume Ltd has announced two senior appointments, with Brian Jack taking up the role as head of money markets and Andy Kelly joining the team as business development manager. By hiring Mr Jack, the company is expanding its offering to clients b

Smart Metering Systems plc (SMS) has conditionally sold a minority of the group’s meter assets to funds managed by Equitix Investment Management Limited for a total gross cash consideration of £291 million. The group expects to receive net cash consideration of £282m, aft

A businessman who bought a dead man’s membership card for Lord’s Cricket Ground has been fined £10,000.

Paragon Commercial Finance Limited has appointed Craig Owens as its new business development manager. Paragon supports businesses by funding new and used construction equipment through a variety of flexible finance options, including seasonal payment plans.

Stephanie Carr, partner, specialising in dispute resolution at Blackadders, discusses the statutory demands and their use in Scotland.  One of the most common grounds for entering into an insolvency process is that an individual, partnership, or company cannot pay their debts as they fall due.

New measures to limit the impact of COVID-19 on the business community in Scotland, which includes a £320 million support fund, have been announced by Kate Forbes, finance secretary.

The Financial Reporting Council (FRC) has today issued updated guidance for auditors which may be facing practical difficulties in carrying out audits as a result of the COVID-19 pandemic (coronavirus).

Fourteen social entrepreneurs from across Scotland have secured a share of £67,000 from social enterprise start-up agency Firstport. Start It awards are part of the Scottish Government’s Social Entrepreneurs Fund, supporting individuals who are focussed on piloting new ideas th

Alan Taylor, partner at Campbell Dallas, explores the significant tax changes which have been introduced recently or one which are on the horizon that could impact farming and other rural businesses.  Capital Gains Tax (CGT) and Residential Property