News

Edinburgh-based investment management partnership Baillie Gifford has opened its first client office in mainland Europe as part of plans for continued growth in the region. David Gaschik, recently appointed as the firm's marketing director for Germany and Austria, is based at the new offic

The value of Venture Capital (VC) investments made in Scotland slowed in the first three months of 2019 due to ongoing Brexit uncertainty, according to Venture Pulse, a quarterly report on global trends published by KPMG. A total of six deals were completed in the first three months of 2019 with a t

The number of interest-only mortgage products has almost doubled over the past six years, rising from 102 products in May 2013 to 193 products today. However, figures released by the Financial Conduct Authority (FCA) and the Bank of England show that approvals for interest-only mortgages have fallen

Biotangents, a Scottish medical diagnostics business, has secured £1.5m of new investment following the completion of a second fundraising round. Led by the investment syndicate Kelvin Capital, and with Scottish Investment Bank participation, the oversubscribed funding round will support the c

Chartered accountants and business advisors Anderson Anderson & Brown LLP (AAB) has announced that revenue from its Houston-based clients accounted for 15 percent of its total revenue of £23.8 million ($31 million) for the year to 31 March 2019. The firm’s specialist teams provide gl

The number of properties coming to market in east central Scotland over the last three months is up by 3 per cent year-on-year, with Edinburgh seeing a 1.1 per cent increase, according to new data from estate agents ESPC.

More than £5 million (£1 million in Scotland) has been raised by a HM Revenue and Customs (HMRC) taskforce tackling dishonest dog breeders selling pups on the UK black market. HMRC set up the taskforce in October 2015 after discussions with animal welfare groups suggested tens of thousan

Following two years of planning and the completion of a successful pilot in Edinburgh, plans are now underway to launch Scotland’s first nation-wide schools programme for financial services.

Graeme Hartop, chief executive at Edinburgh-based private bank Hampden & Co outlines the ways investors are currently looking at to minimise the impact of the new tax regime  

An Orkney-based marine renewable services provider is moving into a well-known Stromness building and has purchased an additional safety vessel as it seeks to grow its team and expand operations.

Schemes to create jobs in Scotland and protect the environment are set to benefit from a new fund to help social enterprises which will be backed by £17 million of investment.  The money from The Scottish Social Growth Fund will enable social enterprises, charities and voluntary

Thousands of pounds have been paid by the taxman to people who have tipped-off the authorities about how their spouses or employers are dodging their taxes.

The Scottish retail sector had its highest ever quarter for insolvencies in the first three months of 2019, according to new analysis of the sector by accountants and business advisers French Duncan. In Q1 28 retailers were made insolvent which is already over 40 per cent of the entire figure for 20

The Royal Bank of Scotland has announced the launch of a new online investment service that lets customers put in as little as £50. Customers will be able to invest either through a lump-sum, a monthly contribution or an ISA transfer, and can link their investments to a financial goal, tracing

Esme Loans, the standalone digital lending platform for SMEs and scale up businesses backed by RBS subsidiary NatWest has announced this week that it has now lent over £50 million to UK businesses.