The Department for Business, Energy & Industrial Strategy (BEIS) has launched a consultation on wide-ranging reforms to modernise the country’s audit and corporate governance regime. The UK Government's plans for reform could make to easier to reclaim bonuses paid to the executive of faile
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Suzi Smith, commercial litigation associate at Shoosmiths in Scotland, discusses the significance of the recent launch of the Business Banking Resolution Service (BBRS) for SMEs. The Business Banking Resolution Service (BBRS), launched on 15 February 2021, is a new dispute resolution service aimed a
Arts organisation Edinburgh Printmakers has secured £959,000 in funding from responsible finance provider Social Investment Scotland (SIS) to support its growth ambitions. Established in 1967 as the first open-access studio in the UK, Edinburgh Printmakers is an arts charity specialising in pr
ScotBio, a fast-growing Scottish biotech business, is expanding its R&D programme thanks to a £100,000 award from Medical Research Scotland.
Scottish PPE firm Alpha Solway is set to create over 300 jobs and apprenticeship opportunities at a new manufacturing centre thanks to a unique multi-million-pound public-private investment partnership with South of Scotland Enterprise (SOSE).
Steven McKay and Graeme McInally, two of the advisory team at Mearns & Company, have moved into new associate director roles. Steven McKay, head of employee benefits, and Graeme McInally, chartered financial planner and planning team leader both stepped into their new roles in January 2021.
Andrew Aldridge, partner at Deepbridge Capital, discusses how investments in life sciences can be appealing to many investors as the COVID-19 vaccinations roll out globally. The past twelve months have showcased the importance of medical developments like never before. Innovation in the life s
Savills has launched a new service line to assist rural businesses identify, assess and enhance the natural assets over which they have stewardship whilst reducing and mitigating the impact of their operations on the environment. Savills Natural Capital Team combines Scotland-wide expertise in strat
Aberdeen Standard Investments (ASI) has appointed Manuela Fumarola as ESG manager to its private markets and real estate team. In her role, Ms Fumarola is responsible for developing, embedding and overseeing an ESG strategy for private markets investments, including private equity, infrastructure an
Almost £4 billion would be added to Scotland’s economy by levelling-up female workforce participation to match the highest performing region of the UK, according to the latest PwC Women in Work Index.
Scotrail is to come under direct state control from March 2022, transport secretary Michael Matheson has confirmed. Mr Matheson said Scotrail will be operated through an arm’s-length company controlled by the Scottish Government, declaring that the current system of franchising “is no lo
The Borderlands Inclusive Growth Deal has been signed today, confirming millions of pounds of investment into the Scottish Borders.
A new loan scheme aimed at supporting small scale woodland creation projects has been launched today by rural economy secretary Fergus Ewing.
More than 500 new jobs are to be created as part of plans to establish a global health research, development and manufacturing hub. Life sciences giant LumiraDx has announced a £78 million investment in its current Scottish operations which could see up to 750 jobs created over the next three
A cabinet door which is believed to have been from Hitler's bunker has sold for £550 in an auction in Dorchester. The solid Oak door, with a double-headed Reichsadler and a carved date of 1648, was auctioned and sold at Duke's Auctioneer's to a private collector, The Dorset Echo reports.