News

St Andrews-based biotech firm Pneumagen has secured £8 million in financing from existing and new investors to support the continued Phase 2 development of Neumifil, a broad-spectrum antiviral, intranasal drug for the prophylaxis and treatment of viral respiratory tract infections (RTIs). Pneu

Thomson Cooper Accountants has successfully raised £7,000 through a tenpin bowling event in Dunfermline for its charity of the year, Marie Curie. In addition, a bake sale organised by the Cress Company Limited contributed nearly another £1,000 to the fundraising total.

The Livingston Trade Park, jointly represented by real estate firms JLL and Colliers, has achieved full occupancy with the addition of YESSS Electrical as the final tenant. Northwood Urban Logistics, the owner of the 40,274 sq ft estate, has let all its units to various tenants including City P

Border To Coast Pensions Partnership has engaged with Edinburgh-based investment giant abrdn for the development and management of its new UK real estate proposition, aiming to launch in late 2024. The partnership will target Border to Coast's 11 local government pension fund shareholders and invest

Scottish accountancy firm, Johnston Carmichael, has expanded its senior management ranks with three new director promotions as part of its strategic leadership growth plan. Irina Cheburdanidze, who is based in the firm’s Edinburgh office, Ryan Crilley, based in Glasgow, and Ruth Canham, in Elg

Equity Gap, the Edinburgh-based angel investment syndicate has today announced changes to its top team that will see the syndicate continue to expand its portfolio across Scotland and the UK. Fraser Lusty becomes managing director, leading the Equity Gap team as they work to deliver positive outcome

Annual house price growth dropped in May, with a 0.1% month-on-month fall in house prices witnessed, according to the latest Nationwide House Price Index.

New research by The Association of Chartered Certified Accountants (ACCA) and BDO, the international network of public accounting, tax and advisory firms, has revealed how the role of the CFO is growing to include driving business decisions and reporting on the non-financial areas of their operatio

A third (36%) of UK businesses plan to adapt their strategies to navigate financial challenges over the next six months, according to new research from HSBC UK.

Scottish business confidence has experienced a decrease, falling nine points to 22% in May, according to the latest Business Barometer from the Bank of Scotland Commercial Banking.

Scottish Circular Economy Minister, Lorna Slater, is to reassess the feasibility of the nation's deposit return scheme due to a Westminster decision to exclude glass from the initiative. This scheme was slated for launch in March of next year. Ms Slater accuses the UK government of sabotaging the pr

A West End theatre producer has been told to knock down his multi-million-pound seaside home after complaints that it resembled a Travelodge hotel. Villagers in Cley next the Sea, Norfolk, said the timber-clad house built for Adam Spiegel and his wife, Charlotte, resembled a “fortress”.

Glasgow-based negotiation consultancy firm, Scotwork, has published a new business book titled "Once Upon a Deal – Stories About Life, Work and Negotiation". The book contains a series of engaging anecdotes from Scotwork's negotiation experts, demonstrating their expansive experience across va

Standard Life, a Phoenix Group subsidiary, has partnered with Scottish Financial Enterprise (SFE) to hold the first-ever 'Vulnerable Customer Summit' in Edinburgh. The summit, set to attract representatives from various financial institutions, seeks to foster collaboration in addressing the growing

Scotland's economy demonstrated robust growth in the first quarter of 2023, outpacing the UK average, according to recent data released by the chief statistician. From January to March 2023, the Scottish economy saw a 0.4% growth, an improvement over the previous quarter's 0.2% expansion. This rate