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Sir Elton John is to feature on a new coin created by The Royal Mint.

Glasgow-based Maven Capital Partners has become an accredited lender under its Midland Engine Debt Fund, which is backed by a Coronavirus Business Interruption Loan Scheme (CBILS) guarantee. Under the scheme, Maven will now be able to provide financial support to smaller business which have bee

Solicitor estate agents have accused the Scottish government of creating dangerous uncertainty in the housing market by announcing a proposed change to the property tax threshold without stating when it will be introduced. Finance Secretary Kate Forbes said the Land and Buildings Transaction Tax (LB

Aberdeen Standard Investments (ASI) has appointed John Bennett as a new UK business development director. Mr Bennett, based in London, will support ASI's investment sales team in bringing its investment strategies to its clients in UK wholesale.

Aberdeen Football Club’s finance director, Kevin MacIver, has been appointed to the club's board of directors. Mr MacIver, a qualified accountant with 30 years' experience, joined the club as finance director in November 2018.

Start-ups whose routes for investment and growth have been impacted by COVID-19 will be eligible for support through a new £38 million package announced by the Scottish Government today. The package, to be managed by Scottish Enterprise, will include three levels of support to meet the needs o

An Midlothian company researching ground-breaking new haemophilia treatments has secured £1.1 million in investment to advance its R&D programme with the help of Kelvin Capital. ProFactor Pharma Ltd (PFP), based outside Edinburgh at the Easter Bush campus, has received the second tranche o

The Financial Reporting Council (FRC) is seeking to slap Big Four audit firm Deloitte with a record £15 million fine in connection with failures in its audit of Autonomy. An FRC Tribunal ruled yesterday that Deloitte "failed to discharge its public interest duty" in its audit of Autonomy prior

Auditors have warned that the COVID-19 pandemic has brought additional risks of public sector fraud risks in Scotland. Public sector staff working remotely and under extreme pressure are among the new risks set out in a new report from the National Fraud Initiative (NFI) co-ordinated by Audit Scotla

A coalition of economists, charities, think tanks and businesses have called on the Scottish Government to make a "nationwide pivot towards community-led social enterprises" as part of the economic recovery from COVID-19. In an open letter to First Minister Nicola Sturgeon, the coalition criticised

Scottish accountancy firm Wylie & Bisset has pronounced "the death of the business suit" following the COVID-19 pandemic.

Private sector activity in Scotland continued to decline significantly during June as firms reported a further drop in new orders throughout June, according to the latest Royal Bank of Scotland PMI. Private sector firms in Scotland reported a further reduction in total new orders during June, extend

Roland Smyth, head of Scottish hotels & leisure group at law firm CMS, provides some tips for bars and restaurant owners who are planning to reopen their businesses this week.  The hospitality sector, which has suffered immensely from the coronavirus lockdown, is set to reopen this week. Th

Machine Labs, an Edinburgh based software start-up, has raised £1 million in a seed extension round lead by Techstart Ventures alongside the founders, the angel investors Bill Dobbie and Richard Freedman, and the British Business Bank. An additional £100,000 was provided in grant fu

St Andrews-based investment firm Eos Advisory has backed Europe’s first oncology drug discovery accelerator, Cumulus Oncology, leading a £1.7 million investment round. The funding round was supported by the Scottish Investment Bank, the investment arm of Scottish Enterprise, Alba Equity,