News

The Pre-Scaler programme, initiated by the Hunter Foundation (THF) and Scottish EDGE, has doubled its capacity to accommodate two cohorts instead of one after seeing high demand. A total of 40 companies from across Scotland will participate in this fully-funded initiative, designed to accelerat

Scottish bids and tenders specialist AM Bid has reported an increase in both revenue and net profit for H1 of its ninth trading year. The firm generated revenues of £626,337, for the period 1st October 2022 to 31 March 2023, marking a 17% increase from the £535,175 recorded for the

Ardersier Port, situated near Inverness, has received an initial £300 million investment commitment from Quantum, a US investment firm that provides private capital to the global energy industry, to fuel the port's redevelopment into a major energy transition facility. The funding will acceler

The Chartered Institute of Taxation (CIOT) has warned that high earners in Scotland will face an effective 68% tax rate if First Minister Humza Yousaf proceeds with a new charge under consideration. The higher rate is a combination of:

SME funding provider Reward Finance Group has restructured its client relationship operations across Scotland by promoting Chris Ibbetson to head it up. With Reward providing tailored business finance loans and asset based solutions to SMEs across the UK, Mr Ibbetson will now lead the client relatio

Bamburgh Capital, a boutique corporate finance adviser, has facilitated a transaction for its client Tekmar Group, involving an investment of over £20 million from SCF Partners, a US-based private equity firm with its UK base in Aberdeen.

Scotgold Resources Limited has announced that it is progressing well with its transition to the long hole stoping mining method at the Cononish gold mine in Scotland, and that it is seeking to raise additional equity funds.

Edinburgh has climbed eight places to reach position 14 in this year’s Z/Yen Global Green Finance Index, highlighting its continued reputational growth as a global hub for green finance. The position places Edinburgh ahead of global financial centres including Seoul, Paris, and Chicago, and pu

Clyde Munro Dental Group has acquired its 80th practice, New Cross Dental Care in Hamilton, since initiating its expansion plans in 2015. New Cross Dental Care has served the local community for over 40 years and provides dental care services for over 4,500 patients in the Hamilton and surround

GP Bullhound has revealed the winners of the 2023 Northern Tech Awards during a ceremony at the Assembly Rooms in Edinburgh on 20 April 2023. The awards celebrated the leading tech businesses in the North of England and Scotland, drawing 250 CEOs, entrepreneurs, and business leaders in the digital e

The Scottish Government has announced that the deposit return scheme (DRS) is set to undergo changes to support small businesses and craft drinks producers. The Circular Economy Minister, Lorna Slater, announced the adjustments, which include exclusions for drinks containers under 100ml, products se

The African Conservation Foundation (ACF) has launched an NFT project to raise $1.2 million (£0.97m) for the conservation of the critically endangered Cross River gorilla. With fewer than 300 individuals remaining in the wild, the foundation aims to create protected areas and corridors while t

Business confidence in Scotland has shown a marked improvement in the first quarter of 2023, rising from a 14-year low in Q4 2022, however, it remains in negative territory as companies face ongoing economic challenges, according to a survey of business leaders by ICAEW's Business Confidence Monitor

Tayside Aviation Limited has entered administration after facing significant financial challenges, with Blair Nimmo and Geoff Jacobs from Interpath Advisory appointed as joint administrators on 20 April 2023. The Dundee Airport-based flight training organisation, which has been in operation for 53 y

An ancient Roman bust purchased for $34.99 at a Texas thrift store and has been on display at the San Antonio Museum of Art is now being repatriated to Germany. Five years ago, Laura Young, a thrift store owner, discovered the ancient Roman bust at a Texas Goodwill for just $34.99.