News

Scottish biotech Biotangents has completed a £2.3 million investment round led by Eos and British Business Investments, and existing investors Kelvin Capital and Scottish Enterprise. Senior agritech adviser Nicky Deasy is joining the Biotangents board on behalf of St Andrews-based investment f

A cryptocurrency tycoon has eaten a banana he bought for $6.2 million.

Armstrong Watson has urged farm businesses not to panic or make knee-jerk reactions following the Autumn Budget but to instead consider their options and take a measured approach. Agricultural specialists at the accountancy, business and financial advisory firm said they want to provide farmers with

Glasgow-based businesses secured the fifth most UK funding rounds in the first three quarters of the year, according to analysis by sharetech platform Vestd. The company's 2024 Global Investment Report analysed Crunchbase data to assess the scale of global investment in 2024 and identify trends in t

Scottish hospitality tech firm Hop Software has unveiled a new room booking solution which maximises hotel occupancy using controversial dynamic pricing whilst increasing guest choice. Launched on Wednesday, the new system is predicted to resonate with hospitality businesses looking to sell more roo

Aberdeen-headquartered clean energy group D2Zero has secured a new £150 million lending facility from a group of banks. OakNorth, HSBC, NatWest and Virgin Money are among the lenders, as well as existing backer SCF Partners.

Inverness-based investment group GEG Capital has strengthened its electrical and construction portfolio with the acquisitions of two Highland contractors. GEG said the strategic acquisitions of electrical contractor Calder Electrical and multi-trades construction company Scotbuild mark "an exciting

Business figures have urged the Scottish Government to take immediate action to address mounting economic challenges. The call came at the Scottish Chambers of Commerce annual dinner where First Minister John Swinney, Labour leader Anas Sarwar MSP and Scottish Conservatives leader Russell Findlay MS

Despite increases in funding for Scotland from the UK government’s October Budget, Scottish Government Finance Minister Shona Robison has little room for manoeuvre when she presents her Budget for 2025-26 next week. This is the headline message of the Scotland's Budget Report 2024, published t

Coventry Building Society's acquisition of the Co-operative Bank has been approved by regulators, paving the way for the creation of a major banking force with combined assets of £89 billion. The £780 million deal, announced in May, will see the Co-op Bank return to its roots as a mutual

Nationwide Building Society has announced a £2.3 billion gain from its recent acquisition of Virgin Money, exceeding its initial forecast of £1.5bn. This substantial gain comes as Nationwide reveals its final set of results as a standalone brand.

The Financial Conduct Authority (FCA) has published the second phase of its consultation on proposals for a measured increase in transparency about its enforcement investigations.

Azets Aberdeen has advised business owners and farmers on how to navigate "unfair" inheritance tax (IHT) changes announced in the Autumn Budget. From April 2026, proposed restrictions to both Business Property Relief (BPR) and Agricultural Property Relief (APR) will come into effect, while from 2027

Beth Rehman CA has been appointed managing director of the Perle Hotels group, making her the second female MD of a hotel group in Scotland, in the company’s 10th anniversary year. Ms Rehman, who has been brand director at Perle Hotels since 2014, made the announcement at a reception on Skye,

Dyce-headquartered drilling waste management company TWMA has reported its Q3 2024 results, with revenue of $18 million (c. £14.2m) and an EBITDA for continuing operations of $4.9m (c. £3.9m), marking a 23% increase compared to the same period in 2023.