News

Business secretary Kwasi Kwarteng is set to ditch plans to hold company directors personally liable for accountancy failures through fines and bans, after backlash from UK businesses. Earlier this year, Scottish Financial News reported that the UK Government intended to reform corporate governance,

David Thomson, chief investment officer at VWM Wealth, details the fundamentals of ESG investing. With COP26 in full swing, the Environmental, Social and Governance (ESG) theme sweeping the investment community could not be more topical.

Dyneval, the Roslin-based biotechnology start-up, has secured more than £1.8 million of funding from investors as it expands its team and gears up to launch its first product at the start of 2022. The company has raised £1.29m of Series A equity investment through a collaborative funding

Aberdeen-based adventure travel business Camperceilidh Campers is gearing up for further growth after securing financial support for its expansion plans and riding the staycation boom during the covid-19 pandemic. Set up in July 2020 by ex-oil and gas sector manager, Eileen O’Farrell, Camperce

The Aberdeen Latin American Income Fund Limited, a fund managed by abrdn, has posted a Net Asset Value (NAV) total return of 17.4% compared to -27.5% in 2020. For the year ended 31 August 2021, the fund revealed its ordinary share price total return came in at 20.9% compared to -24.4% in 2020.

A ground-breaking feed additive that results in a 30% or more reduction in methane produced by cattle will be globally manufactured in Scotland. As the second week of COP26 gets underway in Glasgow, science-based company Royal DSM unveiled plans for a large-scale production facility at its site in D

Digital bank Monument has announced that the Prudential Regulation Authority and Financial Conduct Authority have lifted deposit restrictions on its licence, so it can now operate as a fully-licensed deposit taking bank. Monument is the first neo-bank to be launched in the UK specifically to me

A five-year plan backed by more than £100 million of funding to help build Scotland’s hydrogen economy has been published by the Scottish Government. The draft Hydrogen Action Plan sets out the strategic approach the Scottish Government will take with industry to help make Scotland becom

Apple's original computer has sold for $400,000 (£294,990) at a US auction.

Azets, the accountancy firm specialising in the SME sector, has appointed family business expert Norma Stewart as an accounts and business advisory services partner based in the firm’s Glasgow office. Norma Stewart has over 30 years’ experience advising family businesses and their owners

abrdn, the fund management firm formerly known as Standard Life Aberdeen, has confirmed that it is in talks to acquire online investment service, Interactive Investor. A spokesperson from abrdn told Scottish Financial News that it is currently in discussions with J.C Flowers & Co, who is th

Finance specialists Access2Funding has acquired chartered tax advisers and accountants George & Co (Scotland) Limited for an undisclosed sum. The independent Edinburgh-based chartered tax advisers and accountants’ firm will now sit under the umbrella brand being ‘powered by

Dunbar-based business AR First has acquired its first dental practice as it looks to kickstart a new growth journey, with six-figure support from Bank of Scotland. AR First is a new business, founded by Ahmed Abdou and Riyad Rawashdeh. The partners have more than four decades of dental experience be

Outline plans for a new malt whisky distillery beside the Dornoch Firth have been lodged with Highland Council. The Midfearn Distillery Company Ltd. proposes to build its distillery on the Midfearn Estate at Easter Fearn, three miles south-east of the village of Ardgay on a site close to where whisk

An increase in the number of people buying and selling homes for £1m-plus has been experienced this year according to the residential property team at Lindsays. According to Lindsays, the team have already been involved in more than twice as many seven-figure transactions so far this year than