News

A £911,000 investment will help University of Dundee spin-out company Ten Bio Ltd to commercialise the human skin culture system it developed to provide a viable alternative for many experiments currently performed on animals. Led by TRICAPITAL LTD and with matched funding from Scottish Enterp

Commercial landlord Hammerson has confirmed it is in talks with private equity firm Brookfield to sell seven of its UK retail sites, including Falkirk retail park, in an attempt to safeguard its finances. Alongside Falkirk's Central Retail Park, the portfolio comprises commercial units in Didcot, Mi

International law firm CMS has announced five new partner promotions in Scotland. Employment lawyer Catriona Aldridge joins fellow Edinburgh-based colleague Claire Wallis and Glasgow-based Mike McColl, both from the firm’s Real Estate team, in making the move to partner level.

Exports of goods from the UK to the EU partially rebounded in February 2021, increasing by £3.7 billion (46.6%) after a record fall of £5.7bn in January, according to the latest figures released by the Office for National Statistics (ONS). The ONS said that the increases in exports to th

A scorned judge who took revenge on her cheating partner by "marrying" him in a sham ceremony with an impersonator has been ordered to retire.

UK listings experienced a very strong start to the year with more funds raised in the opening quarter of 2021 than in any other opening quarter since 2007, and the most raised in a single quarter since 2014, according to the latest EY IPO Eye.

Voyager, the Perth-based health and wellness company established to supply high-quality Cannabidiol (CBD) and hemp seed oil products, has closed a successful crowdfunding round after attracting substantial investor interest. The firm has raised £874,000 from some 350 investors, representing an

Deloitte’s UK CFO Survey Q1 2021 released today reports a record level of business optimism amongst the UK’s finance leaders.

The Association of Chartered Certified Accountants (ACCA) has announced the pass rates of its latest exam sitting for March 2021. In spite of the continued global disruption as a result of the COVID-19 pandemic, exam sittings were carried out in the vast majority of ACCA's markets worldwide.

IPPR Scotland, Scotland’s progressive think tank has called for significant changes to council tax, in new research published today. The report finds that council tax is not currently working, and shows that it doesn’t raise enough money - Scotland would have £600 million more to s

The Gleneagles Hotel has reported its first loss in ten years with pre-tax losses of £5.2 million.

Inverness-based telecoms firm HighNet is aiming to grow its annual turnover to £20 million after announcing its acquisition by West Sussex-based Focus Group. Focus Group has made a significant investment in the company to support its ambitious plans for growth. The financial investme

Bladnoch Distillery, one of Scotland’s oldest single malt whisky distilleries, is targeting international growth after securing a £10 million loan from HSBC UK. The distillery, based in Wigtown, Galloway, will use the asset-based lending facility to support its overall growth strategy, w

New research conducted by the Federation of Small Businesses (FSB) has shown that those selling into the EU are suffering more as a result of new paperwork than importers while the great majority of those doing business in Europe have been hit by shipment delays or loss of goods. The survey also sho

Scotland's economy returned to growth during March, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - rose to 54.3 in March, up sharply from 44.1 in Feb