News

Equity Gap, the Edinburgh-based angel investment syndicate, has announced key board member and advisory appointments, as it looks to expand its relationships with next-stage funders and enhance exit capability. Tracey Ginn, US and UK corporate partner at MBM Commercial; Rachel Jones, entrepreneur an

Edinburgh-based Capital Credit Union has appointed Samantha Homer as its new director of finance & compliance. Ms Homer joins the organisation having returned from an eight-year spell in Bermuda, where she held senior roles with AIG. Ms Homer previously qualified as chartered accountant with Edi

Commercial law firm Davidson Chalmers Stewart has announced the appointment of three new partners at its offices in Glasgow and Edinburgh. Nicola Scott, a commercial property and renewable projects specialist, joins from Brodies. She previously served as in-house counsel at SSE advising on property

Sinclair Breweries, which operates the Orkney Brewery, has secured £99,000 from Highlands and Islands Enterprise (HIE) to boost its efforts to create new jobs and decrease its carbon footprint. The company is investing £300,000 to expand the kitchen in the brewery’s visitor ce

The Scottish Mortgage Investment Trust plc, a trust managed by Baillie Gifford, has seen its Net Asset Value (NA) rise by 16% in the six months to 30 September 2021. This figure compares to a 9% increase in the FTSE All-World index.

The Consultative Committee of Accountancy Bodies (CCAB) has published its manifesto outlining what more must be done to build and maintain the UK's resilience against economic crime. The Manifesto calls for four clear areas for change including SARs (Suspicious Activity Reporting) reform and intelli

Scottish agritech business Intelligent Growth Solutions Limited (IGS) has announced the conclusion of its most recent funding round on Thursday 4 November at its COP26 exhibition site, which was welcomed by First Minister Nicola Sturgeon. Acting for IGS, Scottish law firm Thorntons Solicitors oversa

HSBC UK has announced the launch of a £500m Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between USD750 billion and USD 1 trillion of financing and investment

The well-known West Regent Street home to architecture practice Keppie Design has been sold to a Middle Eastern investment group, marking its first deal in Scotland.

Business activity across Scotland's private sector rose at a slightly faster pace in October, 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 fro

As part of its ongoing alliance with Microsoft, PwC has launched a new digital banking solution, developed as part of Microsoft Cloud for Financial Services - designed to empower financial institutions to innovate, adapt and modernise. This new solution combines PwC’s digital banking expertise

Female-founded, equity-backed businesses across the UK have now closed the gender funding gap in GreenTech, according to a new report from the Female Founders Forum, a partnership by think tank The Entrepreneurs Network and Barclays. As global and business leaders gather in Glasgow for COP26, the re

The childhood home of The Beatles guitarist George Harrison is up for auction. George Harrison moved to 25 Upton Green in Speke, Liverpool in 1949 when he was just six years old.

UK and Ireland investor BGF has expanded its central Scotland team with the appointment of investors John Devine and Chris Nixon. The pair will join a team of five experienced investors working across both BGF’s Edinburgh and Belfast offices as the firm continues to look for opportunities to i

Glasgow-headquartered Virgin Money could close even more branches in Scotland after announcing plans to reduce its costs by £175 million over the next three years. The banking group, formerly known as CYBG, announced 12 branch closures in Scotland in September, which will soon leave it with ju