News

Stirling-based ESM Investments (ESM) has invested over £200,000 in Edinburgh-based ultrafast laser manufacturer Chromacity, as part of a £1.2 million growth funding round. Led by CEO Shahida Imani, Chromacity was established in 2013 and has developed a range of ultrafast lasers tailored

Santander UK has provided Woodlands Glencoe with six-figure funding to support its eco-tourism developments.

The Scottish Mortgage Investment Trust PLC, a company managed by Baillie Gifford, has raised a further c.£200 million by issuing two long-term, fixed-rate, senior, unsecured private placement notes. The first is a 15-year note for £100m with a fixed coupon of 2.03%, the second, a 25-year

Nearly 1.8 million married couples and those in civil partnerships are using Marriage Allowance to save up to £252 a year in Income Tax, according to new figures published by HMRC. Summer has always been a popular season for weddings, and newly married couples or those in civil partnerships co

Baillie Gifford US Growth Trust plc has posted strong full-year results with the company's share price and net asset value returning 63.0% and 62.8% respectively. This compares with a total return of 22.4% for the S&P 500 Index.

Directors at Tayside construction firm Kilmac have declared themselves "pleased" with the company's performance after it reported an increase in turnover despite challenges during the pandemic.

Odysseus Capital Management has purchased the former Scottish Widows Investment Partnership headquarters in Edinburgh in a £22 million deal. Edinburgh One at 60 Morrison Street has been bought by the firm which plans a major extension and redesign for the building.

Scottish fintech Miconex has launched a first of its kind digital gifting product for towns and cities, under its new global Love Local brand. The digital gift card will work through the MasterCard network and digital wallet services such as Apple Pay, and is Miconex’s latest initiative alongs

A notorious mafia matriarch known as "The Godmother" has been arrested while attempting to flee Italy for Spain. Maria Licciardi, 70, was taken into custody at Rome Ciampino Airport as she was boarding a flight to Malaga, according to reports.

abrdn has hailed a 'strong start to the year' as profits rise by 77% to £163 million.  While the company also reported a drop in assets under management to £532 billion (FY 2020: £535bn), while its fee-based revenue was 7% higher during the six month period and adjus

Edinburgh-based start-up One Year No Beer (OYNB) which helps people transform their relationship with alcohol, has surpassed its £500,000 crowdfunding target. The Crowdcube campaign broke through the £500,000 barrier within minutes, swiftly raising 126% of its target to scale up operatio

The board of abrdn has announced that Hannah Grove will be appointed as a non-executive director on 1 September 2021 and that Melanie Gee, will stand down from the Board at the conclusion of her second three-year term of appointment on 31 October 2021. Hannah Grove brings more than 20 years of

Saffery Champness is advising farm businesses that provide accommodation services or catering to be alert to the changes coming on the reduced VAT rate from 1 October. In the 2021 Budget, the Chancellor advised that the temporary 5% reduced rate of VAT would be extended to September 2021 but that th

Aberdeen-based Red Kite Oilfield Services Limited has secured funding from UMI Debt Finance Scotland to help expand and diversify the business. Red Kite provides a wide range of licenced non-explosive, non-hazmat cutting and perforating services to the global oil and gas industry.

US-based packaging firm Novolex has acquired Vegware, an international provider of compostable foodservice packaging headquartered in Edinburgh, for an undisclosed sum. UK Vegware’s teams in both the UK and US are expected to join the Novolex family. The Vegware brand will remai