News

Scotland’s all-female angel group Investing Women Angels (IWA) has announced major growth plans as it restructures ahead of launching a new IW AccelerateHER Fund for female-founded companies in Scotland. IWA has announced its collaboration with the Scottish National Investment Bank (SNIB) to d

A notorious fraudster was identified by police halfway across the world after they tricked him into sending his fingerprints on a vinyl record.

Ahead of National Apprenticeship Week (7-13 February), new research from Grant Thornton shows that the mid-market is increasingly making use of apprenticeships as a means of upskilling their people at all levels.

Savills, on behalf of a private client, has completed the sale of one of Scotland’s finest five-star hotels, Fonab Castle in Pitlochry, located 26 miles north of Perth, to Fonab SPV, for an undisclosed sum.

Reward Finance Group is continuing with its ambitious UK expansion plan with the opening of a Scottish office, led by hugely experienced business finance specialist, Brian Machray. Scottish-born Brian joins the alternative funder from Allied Irish Bank where he headed up a division specialising in f

More than 10.2 million customers filed their 2020/21 tax returns by the 31 January deadline, HMRC has revealed. More than 630,000 customers filed on deadline day and the peak hour for filing was 16:00 to 16:59 when 52,475 completed their Self Assessment. There were 20,947 customers who completed the

Venture Capital (VC) investment in Scotland’s scale-up businesses more than doubled in 2021 as global investors continued to look beyond London last year, according to the latest figures from KPMG. Scotland’s scale-up businesses finished 2021 on a high with almost £100 million in V

Argyll Holidays, a Scottish holiday brand, has been sold to the international resort operator Cove Communities. Argyll Holidays, which owns eight holiday parks across Argyll and Bute, will be the fifth acquisition by Cove Communities under Mark Seaton as managing director of Cove UK.

Barclays has today launched a package of support aimed at boosting small businesses, with the bank set to host masterclasses that will focus on managing cash flow, business growth and support for wellbeing. The classes are open to all small business owners, with national events focused on the hospit

KPMG partners were given a six-figure pay rise in 2021 despite regular criticism from regulators throughout the year. KPMG's 571 partners took home an average of £688,000, 20% more than the £572,000 received in 2020.

In 2021, deals led by angel syndicate members of LINC Scotland secured in total £146 million funding for young companies with high growth potential, almost double the amount raised in 2020, and 70% higher than the record set in 2019. Before the pandemic struck, 2019 had been a high point in th

Aberdeen-based intelligent energy management and storage technologies specialist, Verlume, has received a £2.5m investment from a consortium led by Par Equity. Par Equity, a venture capital firm based in Edinburgh, specialises in investing in innovative technology companies and was joined by e

The Pope has commended the work of tax collectors, offering words of encouragement to those whose "work appears to be thankless".

The £4.3 billion of Covid loans that may have to be written-off by The Treasury due to fraud and highlighted by the resignation of Lord Agnew last week, could be eclipsed by businesses failing to repay their CBILs and BBLs Covid support loans, Blair Milne, head of Restructuring with Azets in S

The Cumberland Building Society has announced a six‐figure investment to support a luxury hotel rebrand and refurbishment project in Oban. The Cumberland has financed more than 60% of the acquisition of the hotel in the seaside town of Oban.