News

Glasgow-based private equity house Maven Capital Partners has today announced an investment of up to £2 million in Chic Lifestyle. The technology company operates the B2B Chic Retreats marketplace that enables independent and boutique hotels and luxury villas to optimise their distribution of rooms

Virgin Money, the challenger bank which employs 200 in Edinburgh, has reported an increase in gross mortgage lending of 19 per cent on the first nine months of 2015 to £6.5 billion resulting in a 3.6 per cent market share of gross mortgage lending to the end of Q3 2016.

A legal claim has been launched by around 125 institutional funds against supermarket giant Tesco’s over its accounting irregularities. Bentham Europe has said the funds have filed a claim for damages against the retailer for well in excess of £100 million over alleged breaches of the Financial S

Amyas Morse The taxman is going after £2 billion in taxes unpaid by the super-rich, according to the public spending watchdog.

Dougal Gunn Sharp Edinburgh-based craft beer firm Innis & Gunn is this week launching a crowdfunding initiative with the aim of raising £1 million for two per cent of its share capital.

Pete Wishart A £1.5 billion pension scheme is a ‘ticking timebomb’ of debts and liabilities for the plumbing profession, an SNP MP has told the House of Commons.

National Savings and Investments (NS&I) is today celebrating the sixtieth birthday of the Premium Bond.

Eric Gilligan By Eric Gilligan, partner, Stronachs LLP

Edinburgh-based accounting software developer FreeAgent is set to float on the London Stock Exchange later this month with a market capitalisation of between £31 million and £35 million.

Gresham House, the specialist asset manager, has announced the first close of the Gresham House Forestry Fund LP with £15 million of commitments and finance raised for the strategy from university college endowment funds, family offices and private individuals, including £1.25 million from the ma

The new Living Wage rate has been set at £8.45 an hour.

Standard Life has today announced the successful completion of its acquisition of AXA Portfolio Services Ltd (trading as “Elevate”) from AXA UK.

Paul Mason Accountancy firm Chiene + Tait has recruited the former head of Lomond Advisory, Paul Mason, as a partner to lead its new corporate finance division.

Glasgow-based specialist lender, The Mortgage Lender (TML), has made a number of new appointments, including two senior team members, as it invests for growth following a successful launch earlier this year.

Scottish tennis superstar and world number two, Andy Murray has made two further investments in British tech businesses on Seedrs.