News

Invizius, an Edinburgh-based biotech company pioneering treatments for dialysis patients, has secured £950,000 in funding. The funding round was led by Mercia Ventures and supported by Calculus Capital, Syensqo, the University of Edinburgh's Old College Capital, and Scottish Enterprise.

A Clackmannanshire health and wellbeing business – danceSing – is reflecting on its success with care homes across Scotland. Founded in 2016 by former professional ballet dancer Natalie Garry, who had a vision of enriching lives through the power of music and movement, danceSing's i

Accountancy firm Wbg is advising operators to get their house in order before the forthcoming abolition of the furnished holiday lettings (FHL) tax regime. The abolition removes the specific tax treatment and separate reporting requirements for FHLs, so that income and gains from an FHL will then fo

New lender ScotLend has officially launched, offering funding and bridging finance solutions throughout the UK. Backed by industry veterans with decades of hands-on experience, ScotLend offers brokers and their clients speed, flexibility, and a deep understanding of the market.

Donald McLaren, managing director of McLaren Packaging, has won the EY Scottish Entrepreneur of the Year – transformational leader award. EY Entrepreneur Of The Year is a unique global programme that recognises entrepreneurial achievement among individuals and companies that demonstrate vision

A 240-metre tower powered by hydrogen is being planned in Egypt.

Two-year fixed mortgage rates are falling faster than longer-term deals for the first time in two years, as the Bank of England signals a gradual approach to reducing interest rates. Santander is now offering a two-year fixed rate below 4% on a 60% loan-to-value mortgage, while other major lenders h

The Scottish Financial News website will be temporarily offline for scheduled maintenance this Sunday 22nd September from 2pm. This downtime will allow us to make a suite of website improvements for the benefit of our readers.

ISG plc is expected to follow its subsidiary companies by entering administration today. Six of the contractor's subsidiaries, including ISG Construction, applied to enter administration yesterday.

Lindsays has appointed Lisa Mannion as a senior associate in its residential property team in Dundee. A graduate of the University of Dundee, she has spent the past 11 years working in the city, previously with Thorntons.

A Fife business producing broccoli crisps has secured a nationwide deal with Aldi in Scotland. Growers Garden, based in Cupar, began selling its products in local farm shops and cafés, but will now see two of its products stocked in all 106 of Aldi’s Scottish stores.

A freedom of information request has revealed that 18 individuals have voluntarily donated almost £620,000 to the Treasury this year alone. Since 2003, over 150 donations totalling £4.7 million have been made, including bequests left in the wills of 27 people.

Around 70 business leaders attended an exclusive event in Aberdeen focusing on accelerating the energy transition through research and development (R&D) tax credits. Organised by R&D tax credit specialist ZLX Business Solutions, the event saw the launch of the technology growth fund (TGF) at

August 2024 saw 102 company insolvencies registered in Scotland, 9% lower than the number in August 2023. The total number of company insolvencies was comprised of 56 CVLs, 42 compulsory liquidations, two administrations and two receivership appointments. There were no CVAs.

WTW has appointed Rachel Haggarty as a director in its Scotland Retirement team. Ms Haggarty, who joins from Hymans Robertson, specialises in advising companies on their defined contribution pension schemes, from scheme design and member experience, through to master trust selection and governance.