Edinburgh-based immune-oncology firm Macomics has secured £3.2 million seed funding from Epidarex Capital and the Scottish Investment Bank. Macomics, which is a University of Edinburgh spin-out, will use the proceeds of this fundraising round to develop novel, first-in-class immunotherapies de
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Skyscanner has announced that it will be cutting up to 84 jobs at its Edinburgh head office. The move is part of a cost-cutting exercise which will see the online travel agent cut one-fifth of its total workforce.
The majority (88%) of mid-market businesses in the UK have made fundamental changes to their business model during the coronavirus pandemic, according to new research from Grant Thornton’s International Business Report. The research also found that 50% of firms are planning to continue with th
The UK's inflation rate rose to 0.6% in June as the coronavirus lockdown restrictions began to ease.
During lockdown, people in the UK have experienced a significant spike in impersonation scams, with June seeing a surge in the monthly figures for scams involving con artists pretending to be police or bank staff, according to a new report from Barclays.
Police slapped partygoers with fines worth nearly €23,000 in total after an unusually large order from KFC raised suspicions.
In times like these, many business owners and managers are planning the best route to kickstart their business back to growth. We’re working hard to help all our clients restart and revive their business.
Accountancy firm Haines Watts Scotland has appointed Craig Hunter as audit partner. Mr Hunter has assumed the role of audit partner from 1 April 2020 in the newly formed Haines Watts Scotland Audit LLP with the primary objective of continuing to provide a high-quality audit offering to the existing
Nationwide, Coventry Building Society and Co-operative Bank have returned to offering mortgages on small deposits thanks to the introduction of the stamp duty holiday announced by chancellor Rishi Sunak last week.
The Aberdeen Standard Investments (ASI) European Long Income Real Estate Fund has completed its first acquisition with the purchase of Scherpenhuizen, a logistics facility in the Netherlands with a long lease. The asset is located in Eindhoven and the tenant is Scherpenhuizen, a well-known comp
Future work for accountancy and finance professionals is set to be transformed for the better through an increase in the adoption of digital technologies, according to a new report from The Association of Chartered Certified Accountants (ACCA) and EY.
Independent fixed income manager Cameron Hume has discussed how attitudes to climate risk can be factored into long term investment decisions and whether those investment decisions can be used to drive the direction of travel with a global response to climate risk.
A round-up of business news from across Scotland featuring: Breathe Easy’s new headquarters, Scottish SME's IoT programme success, Aymeric Renoud's beer by-product furniture project, Hop Software’s COVID-secure hotel system, Johnstons of Elgin’s 2019 results and Diag
Scottish companies listed on the FTSE index underperformed the market in the first half of the year, as the coronavirus pandemic had a significant impact on the economy, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisations on the FTSE averaged a share
Research from the Royal Bank of Scotland's Tyl service has signalled that Scotland's business recovery after the COVID-19 pandemic will be powered by contactless payments.