More than £35 million of Venture Capital (VC) was invested into Scottish start-ups in the first quarter of 2020, ahead of the UK’s COVID-19 lockdown, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that eighteen deals were secured in Q1 2
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Scotland’s local food economy is enjoying an unprecedented boost as consumers seek alternatives to the supermarkets, focusing on home delivery and convenience retail amid wellbeing concerns, according to a senior food and drink expert from Johnston Carmichael. Adam Hardie, partner and head of
Dundee-based lorry hire firm Norman Jamieson Ltd has secured a six-figure loan from Bank of Scotland to help buffer against a decrease in demand amid the construction industry shutdown.
Law firm Womble Bond Dickinson (WBD) has appointed Chris McLauchlan as a legal director to lead the firm's banking team in Scotland. Joining from Eversheds Sutherland, Mr McLauchlan is a senior banking lawyer with over 15 years of experience advising on Scottish, English and cross-border transaction
Staff at the Royal Bank of Scotland are preparing to work from home for the foreseeable future in the wake of the coronavirus pandemic.
Perth-based insurance company Aviva as seen a 28% increase in sales of life insurance reaching £12.3 billion in the first quarter of this year. The firm issued an operating update today which revealed that it had a 'solid first quarter of trading' with general insurance sales rising by 3%
Over 90% of rural business owners in Scotland are confident they can reopen their business while safely adhering to social distancing measures, according to a new survey by Scottish Land & Estates (SLE).
A round-up of business news from across Scotland featuring: Coorstek Ltd's production of COVID-19 supplies, Edinburgh International Conference Centre's virtual conference service, Perfect Clean's £10,000 investment in new machinery, Deanestor's clinical furniture suppl
The average SME in Scotland has lost 39% of their income as a result of the coronavirus pandemic, according to new research from specialist bank Aldermore.
A route map setting out a phased approach to easing lockdown restrictions while still suppressing coronavirus has been published by the Scottish Government.
Wheatley Group has retained its A+ stable credit rating by Standard & Poor’s Global Ratings (S&P). In its research update released yesterday, S&P pointed out Wheatley’s focus on its traditional role as a provider and manager of social-rented homes “s
A rare Grade ‘A’ listed building on one of Glasgow’s most prominent street corners has been put up for sale with a price tag of offers over £3 million. The historic property at 2-10 Bothwell Street was built in 1849 during the height of the Victorian era. It was redeveloped f
The impact of the coronavirus outbreak on Scotland’s transport services and the rural economy is to be investigated by MSPs.
The UK Government borrowed £62.1 billion in April, marking the highest monthly figure on record as it tried to navigate the country through the coronavirus crisis, according to the latest figures from the Office for National Statistics (ONS).
The Scottish Government should consider widening access to a temporary scheme extending the time available to claim a refund of its property tax surcharge to include transactions that have taken place during the coronavirus lockdown, according to the Chartered Institute of Taxation (CIOT).