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Ahsan Mustafa looks at the impact the Diligence against Earnings (Variation) (Scotland) Regulations 2024 has had since its introduction, exploring the new protected earnings levels, the economic context driving the reform, and the practical implications for employers and creditors. Seven months have

A new economic forecast by EY has predicted slower gross value added (GVA) growth for Scotland compared to other UK regions over the next three years.

Maven Capital Partners has completed a profitable exit from Edinburgh-based QikServe through a sale to business management software provider The Access Group, for an undisclosed sum. QikServe is a digital commerce platform, content management system, kiosk and mobile order and pay provider for the h

HonuWorx, a Scottish underwater robotics company, has received a seven-figure investment to advance its plans to transform operations in the energy and security sectors. The Aberdeen-based firm plans to dramatically slash costs and emissions for offshore repair and inspection work through its f

Glasgow-based technology company Kingdom Technologies has secured £1.4 million in its latest round of funding to fuel the expansion of its innovative fleet of robotic lawn mowers.

POTR, a Scottish start-up behind the world’s first origami self-watering plant pot has sealed a major distribution deal in Japan, where it’s believed the art of paper folding began to flourish more than 1,000 years ago. The move will see POTR launch its products in more than 100 outlets

Glasgow-based medical start-up Microplate Dx has successfully closed a £2.5 million seed funding round to accelerate the development of its point-of-care diagnostic platform. The technology aims to combat antimicrobial resistance (AMR) by quickly identifying the most effective antibiotics for

Edinburgh-based wave energy firm Mocean Energy have secured over £3 million EU funding to develop and deploy a 250kW wave machine in Orkney.

While one trades in steel and the other in numbers, two more Scottish firms - Alexander (Scotland) & Co and Glen Drummond Chartered Accountants - have opted to become employee owned, handing their respective employees a 100% share via the creation of an employee ownership trust (EOT). It is a ch

A further £10 million in funding has been announced today by the minister for business, trade, tourism and enterprise, Ivan McKee, for CivTech — a public-sector-focused innovation accelerator.

Taxation expert Ross Stupart gives insight into what high earners may expect from the Scottish Government's forthcoming budget — expected on 15 December. As the UK Government reduces the threshold for the 45% income tax rate to £125,140 (from £150,000) there’s a reasonab

HMRC is reminding businesses that from Tuesday 1 November, they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns. By law, all VAT-registered businesses must now sign up to Making Tax Digital (MTD) and use compatible software to keep their VAT re

Mark Sterritt, UK network director for Scotland at the British Business Bank (BSB), shines a light on four financial trends to keep an eye on this year. Last year was a rollercoaster for many smaller businesses in Scotland, regardless of their size. Between the different variants of Covid-19 emergin

Transport Scotland will relocate its headquarters to HFD Group’s 177 Bothwell Street in Glasgow, in a move that will support the organisation’s environmental, social, and governance (ESG) objectives. Scotland’s national transport agency has secured 50,000 sq. ft. across two floors

Barclays is issuing a scams warning focused on the 26,525 property and construction companies based in Scotland. Data released by the bank has revealed that scams targeting businesses increased by almost a third (31%) in January and February, when compared with last year.