News

Nebu-Flow, a University of Glasgow spinout developing next-generation inhaled drugs for respiratory disorders, has secured an additional £4.7 million investment. The company’s nebuliser platform has been developed to provide a number of advantages over existing technologies. Overall, the

Edinburgh-based Waverton Wealth has been awarded Regional Wealth Manager of the Year for Scotland and Northern Ireland at the 2024 City of London Wealth Management Awards (COLWMA). Waverton Wealth, which has offices in Edinburgh and Glasogw, offers a range of bespoke strategies to fit its diver

Law firm Davidson Chalmers Stewart has appointed Laura Irvine managing partner. She succeeds firm co-founder Andrew Chalmers, who is taking over the role of chair from Alan Stewart.

Maryhill Housing Association (MHA) has received a funding boost from Royal Bank of Scotland totalling almost £25 million to improve and maintain its current homes, whilst making progress towards net zero goals. This latest deal comes as Royal Bank of Scotland, part of NatWest Group, unveiled a

Alison Cornwell CA has been appointed as the new president of the Institute of Chartered Accountants of Scotland (ICAS) for 2024/25. Her appointment marks the fifth female to hold the position in ICAS’ 170-year history.

Thomas Taylor Bowls has secured a Virgin Money funding package backed by government department UK Export Finance (UKEF) to help the family business continue its international growth. Glasgow-based Thomas Taylor Bowls is the oldest bowls manufacturer in the world, with over 200 years of experience. T

Company insolvencies in Scotland have gone up 11% year-on-year, as 115 company insolvencies registered were registered during March 2024. This was comprised of 44 compulsory liquidations, 62 CVLs, and 9 administrations. There were no CVAs or receivership appointments.

An Iranian goalkeeper has been fined three billion rials (around £57,000) for embraced a female fan who stormed the pitch. Hossein Hosseini, goalkeeper for Esteghlal FC, was ordered to pay the fine after briefly embracing the woman, who was not wearing a hijab, IranWire reports.

The Scottish Retail Consortium (SRC) is urging Scottish Ministers to adopt a strategic approach to taxation in their upcoming medium-term tax strategy.

NatWest Group, has announced a significant dip in first-quarter profits, reflecting challenges across the banking sector as interest rates settle.

Scottish Friendly has posted record sales of £51.1 million for 2023, up from £47.7m in 2022. The increase was achieved despite facing significant market and economic challenges, and represents the highest new business sales figures in the financial mutual's 162-year history.

The UK government has granted greater powers for the National Crime Agency (NCA) and police to seize, freeze and destroy cryptoassets used by criminals, effective today.

While UK inflation remains sticky and the prospect of interest rate cuts is moving further away, businesses in Scotland once again saw both advanced and early signs of financial distress rise in the first quarter of 2024 compared with Q1 2023, according to Begbies Traynor. The latest Red Flag A

Local relationship bank Handelsbanken has appointed Kevin Hulse as its first corporate manager – business development for Edinburgh. Born and bred in the capital, the 43-year-old steps into the newly-created position after two years with the bank as a corporate manager, based at its Edinburgh

Insolvency and restructuring trade body R3 has appointed Tim Cooper, partner at Addleshaw Goddard, as its new president. As president, Mr Cooper will work with R3’s CEO, senior management team and council to help shape and deliver R3’s strategy for the next 12 months and supporting its d