News

HMRC chief executive Jim Harra has announced that Self Assessment customers will not receive a penalty for their late online tax return if they file by 28 February. More than 8.9 million customers have already filed their tax return. HMRC is encouraging anyone who has not yet filed their tax return

Murray Capital, the private investment office of the Murray family, has led funding rounds for two Scottish start-ups. The funding rounds saw Murray Capital reinvest in two of its existing portfolio companies – Zumo and Blackford – with the support of the UK Future Fund and other co-inve

Standard Life Private Equity Trust PLC has posted strong annual results for the year ended 30 September 2020 despite the economic upheaval of the coronavirus pandemic. Over the period, the company's NAV total return was 11.7% (2019: 10.5%) versus -16.6% (2019: 2.7%) for the FTSE All-Share Index.

Edinburgh medtech company Manus Neurodynamica Limited has closed a £1.2 million funding round to support the launch of its digital pen which provides an early warning of Parkinson's disease and other neurological conditions. With this latest funding secured, Manus is rolling-out its Neuro

Edinburgh-based technology startup Stellar Omada has recorded revenue of £10.2 million in the year to 31st December, quadrupling sales in its second financial year while growing headcount from 6 to 50 during 2020. The Colin Frame-founded tech group specialises in programme delivery, technology

Property developer Andy Hadden, founder and director of The Lighthouse Business Centres and founder & CEO of Wavegarden Scotland, discusses the potential revolution of the UK's workplaces amid the COVID-19 pandemic. What do you really want from your life? Pre-pandemic, this was a question that m

FinTech Scotland and FinTech Wales have released a report proposing increased Research and Innovation (R&I) to drive acceleration in fintech development across the UK, nationally and regionally to support growth and new jobs. The report, entitled “Research and Innovation for UK FinTech&rdq

Hillcrest has received funding of £100,000 from Barclays to support people in Scotland who have been most affected by the pandemic. The funds will enable Hillcrest to upscale the services they currently deliver to help vulnerable people, such as low-income families, isolated older people and p

David Alexander, joint chief executive officer of apropos by DJ Alexander, discusses how extending the Land and Buildings Transaction Tax (LBTT) holiday beyond the end of March would increase revenues. Mr Alexander said that the Scottish Government’s’ latest figures show that LBTT revenu

Two Lanarkshire brothers have pursued their lifelong dream of opening a microbrewery thanks to Business Gateway support. Launched in November 2020 by brothers Ronnie and Kenny Lees, Outlandish Brewing Company launched its first range of Scottish craft beers in December 2020.

The UK's unemployment rate rose to 5% in the three months to November, up from 4.9%, according to the latest figures released by the Office for National Statistics (ONS).

In its response to combating climate change, Legal & General Investment Management (LGIM) Real Assets has published its strategy to deliver net zero carbon across its 76 million sq ft UK real estate portfolio by 2050. Avoiding climate catastrophe and its irreversible changes to the earth’s

Research from smart comparison service Monva, has revealed that half (50%) of Scottish adults are unsure of how they’ll be paying back debt they’ve carried into January. Despite the national lockdown and closures of non-essential stores, the data found that over a third of Scottish adult

Over £670,000 of additional support is being made available to Borders businesses suffering from the short-term financial impact of the COVID-19 pandemic. The Borders Discretionary Support Fund for Business is being made available to small businesses and the self-employed in the area who have

TSB has provided cash flow to small and medium-sized business suppliers across the UK during the pandemic, paying 96% of invoices within seven days over the last six months. According to the Federation of Small Businesses, over £23 billion of late invoices are owed to businesses across Britain