Finance
Glasgow biotech firm completes $14m funding round
Published 2 months ago
SOLASTA Bio, a Glasgow-based agri-biotech firm, has successfully raised $14 million (c. £10.7m) in Series A funding to advance its groundbreaking nature-inspired bioinsecticides.
Read on www.scottishfinancialnews.com →
UK’s GDP growth stalls for second consecutive month
Published 2 months ago
The UK economy has experienced a second consecutive month of stagnant growth in July, with GDP remaining flat.
Read on www.scottishfinancialnews.com →
Financial and related professional services account for 10% of Scotland’s economy
Published 2 months ago
Scotland’s financial and related professional services sector is a key engine of growth, employing 149,000 people and contributing 10% to the national economy in 2022, according to TheCityUK.
Read on www.scottishfinancialnews.com →
Think Tank suggests tax reforms to raise £20bn and improve fairness
Published 2 months ago
Reforms to Inheritance Tax (IHT), Capital Gains Tax (CGT) and employer National Insurance (NI) could raise over £20 billion a year, and still pass a ‘triple tax test’ of improving tax efficiency, ensuring that tax rises fall on those with the broadest shoulders and not break Labour’s manifesto commitments, according to new Resolution Foundation research.
Read on www.scottishfinancialnews.com →
Inheritance tax: gross division & net proportionality in estates with exempt and non-exempt shares - an ETN & CIOT Seminar
Published 2 months ago
The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a seminar entitled ‘Gross Division & Net Proportionality in Estates – re Ratcliffe & re Benham revisited’ at the Mackenzie Building, Old Assembly Close, Edinburgh on Thursday 26 September 2024.
Read on www.scottishlegal.com →
Banker who stole thousands from dementia-stricken pensioner jailed for 13 months
Published 2 months ago
A senior banker who stole almost £18,000 from the accounts of an elderly, dementia-stricken customer has been imprisoned for 13 months.
Read on www.scottishlegal.com →
Employers eye reform impact as pay rises in Scotland
Published 2 months ago
The Scottish labour market continues to demonstrate strength, with employment rates rising and unemployment falling in the May to July 2024 quarter, according to recent figures.
Read on www.scottishfinancialnews.com →
FCA files first criminal charges for illegal crypto ATMs
Published 2 months ago
The Financial Conduct Authority (FCA) has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration.
Read on www.scottishfinancialnews.com →
Maven exits CBT investment with 2.85x return
Published 2 months ago
Private equity firm Maven Capital Partners has exited its investment in CB Technology (CBT), a specialist electronics contract manufacturer (ECM), following its acquisition by Northern Ireland-based Elite Electronic Systems.
Read on www.scottishfinancialnews.com →
RBS: Scottish economy maintains momentum, but manufacturing struggles
Published 2 months ago
Scotland’s private sector maintained its growth trajectory in August, according to the latest Regional Growth Tracker data from RBS.
Read on www.scottishfinancialnews.com →
Former banker who stole thousands from dementia-stricken pensioner is jailed for 13 months
Published 2 months ago
A senior banker who stole almost £18,000 from the accounts of an elderly, dementia-stricken customer has been imprisoned for 13 months.
Read on www.scottishfinancialnews.com →
ICAS unveils new approach to training accountants at first national student induction day
Published 2 months ago
The Institute of Chartered Accountants of Scotland (ICAS) has made history by hosting over 400 accounting students from throughout the UK at its inaugural national induction day at the Edinburgh International Conference Centre.
Read on www.scottishfinancialnews.com →
Azets Scotland invests in future talent with 60 new recruits
Published 2 months ago
Azets has bolstered its UK workforce with the addition of 333 graduates and school leavers, 60 of whom are based in Scotland.
Read on www.scottishfinancialnews.com →
Report: HMRC failing to tackle rising tax evasion in retail sector
Published 2 months ago
The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can easily exploit weaknesses in government systems, according to a new National Audit Office (NAO) report on tax evasion in retail.
Read on www.scottishfinancialnews.com →
SMEs in Scotland have three months left to register with business banking complaint scheme
Published 2 months ago
SMEs in Scotland have three months left to register a business banking complaint with the Business Banking Resolution Service (BBRS), which is set to close to new registrations on 13 December.
Read on www.scottishfinancialnews.com →
Glasgow biotech firm completes $14m funding round
Published 2 months ago
SOLASTA Bio, a Glasgow-based agri-biotech firm, has successfully raised $14 million (c. £10.7m) in Series A funding to advance its groundbreaking nature-inspired bioinsecticides.
Read on www.scottishfinancialnews.com →
UK’s GDP growth stalls for second consecutive month
Published 2 months ago
The UK economy has experienced a second consecutive month of stagnant growth in July, with GDP remaining flat.
Read on www.scottishfinancialnews.com →
Financial and related professional services account for 10% of Scotland’s economy
Published 2 months ago
Scotland’s financial and related professional services sector is a key engine of growth, employing 149,000 people and contributing 10% to the national economy in 2022, according to TheCityUK.
Read on www.scottishfinancialnews.com →
Think Tank suggests tax reforms to raise £20bn and improve fairness
Published 2 months ago
Reforms to Inheritance Tax (IHT), Capital Gains Tax (CGT) and employer National Insurance (NI) could raise over £20 billion a year, and still pass a ‘triple tax test’ of improving tax efficiency, ensuring that tax rises fall on those with the broadest shoulders and not break Labour’s manifesto commitments, according to new Resolution Foundation research.
Read on www.scottishfinancialnews.com →
Inheritance tax: gross division & net proportionality in estates with exempt and non-exempt shares - an ETN & CIOT Seminar
Published 2 months ago
The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a seminar entitled ‘Gross Division & Net Proportionality in Estates – re Ratcliffe & re Benham revisited’ at the Mackenzie Building, Old Assembly Close, Edinburgh on Thursday 26 September 2024.
Read on www.scottishlegal.com →
Banker who stole thousands from dementia-stricken pensioner jailed for 13 months
Published 2 months ago
A senior banker who stole almost £18,000 from the accounts of an elderly, dementia-stricken customer has been imprisoned for 13 months.
Read on www.scottishlegal.com →
Employers eye reform impact as pay rises in Scotland
Published 2 months ago
The Scottish labour market continues to demonstrate strength, with employment rates rising and unemployment falling in the May to July 2024 quarter, according to recent figures.
Read on www.scottishfinancialnews.com →
FCA files first criminal charges for illegal crypto ATMs
Published 2 months ago
The Financial Conduct Authority (FCA) has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration.
Read on www.scottishfinancialnews.com →
Maven exits CBT investment with 2.85x return
Published 2 months ago
Private equity firm Maven Capital Partners has exited its investment in CB Technology (CBT), a specialist electronics contract manufacturer (ECM), following its acquisition by Northern Ireland-based Elite Electronic Systems.
Read on www.scottishfinancialnews.com →
RBS: Scottish economy maintains momentum, but manufacturing struggles
Published 2 months ago
Scotland’s private sector maintained its growth trajectory in August, according to the latest Regional Growth Tracker data from RBS.
Read on www.scottishfinancialnews.com →
Former banker who stole thousands from dementia-stricken pensioner is jailed for 13 months
Published 2 months ago
A senior banker who stole almost £18,000 from the accounts of an elderly, dementia-stricken customer has been imprisoned for 13 months.
Read on www.scottishfinancialnews.com →
ICAS unveils new approach to training accountants at first national student induction day
Published 2 months ago
The Institute of Chartered Accountants of Scotland (ICAS) has made history by hosting over 400 accounting students from throughout the UK at its inaugural national induction day at the Edinburgh International Conference Centre.
Read on www.scottishfinancialnews.com →
Azets Scotland invests in future talent with 60 new recruits
Published 2 months ago
Azets has bolstered its UK workforce with the addition of 333 graduates and school leavers, 60 of whom are based in Scotland.
Read on www.scottishfinancialnews.com →
Report: HMRC failing to tackle rising tax evasion in retail sector
Published 2 months ago
The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can easily exploit weaknesses in government systems, according to a new National Audit Office (NAO) report on tax evasion in retail.
Read on www.scottishfinancialnews.com →
SMEs in Scotland have three months left to register with business banking complaint scheme
Published 2 months ago
SMEs in Scotland have three months left to register a business banking complaint with the Business Banking Resolution Service (BBRS), which is set to close to new registrations on 13 December.
Read on www.scottishfinancialnews.com →