ScottishNews.com

Finance

Scottish AI robotics firm secures £7.9m to scale robotics in manufacturing

Published 7 months ago

A new £7.9 million investment, led by £3.5m from the Scottish National Investment Bank, will enable scale and growth for Leap Automation Ltd (Leap AI), an emerging leader in low-cost industrial AI robotics.

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BoE Governor: No return to near-zero rates anytime soon

Published 7 months ago

Bank of England Governor Andrew Bailey has played down expectations of interest rates returning to near zero, citing the need for significant economic shocks to justify such a move.

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Scott Dunbar takes the helm at Johnston Carmichael’s new Elgin office

Published 7 months ago

Johnston Carmichael has moved into a new, state-of-the-art office in Elgin Business Park, and appointed Scott Dunbar as head of office.

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BlackRock joins FinTech Scotland to support fintech innovation

Published 7 months ago

BlackRock, the global investment manager, has announced it is joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland.

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Edinburgh biotech raises £950k for breakthrough dialysis treatment

Published 7 months ago

Invizius, an Edinburgh-based biotech company pioneering treatments for dialysis patients, has secured £950,000 in funding.

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Wbg highlights imminent furnished holiday lettings tax changes

Published 7 months ago

Accountancy firm Wbg is advising operators to get their house in order before the forthcoming abolition of the furnished holiday lettings (FHL) tax regime.

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New lender ScotLend launches bridging finance offering

Published 7 months ago

New lender ScotLend has officially launched, offering funding and bridging finance solutions throughout the UK.

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Nominations open for 2024 Scottish CFO Awards

Published 7 months ago

The Scottish Chief Financial Officer Awards have returned for a second year, celebrating the talent of finance leaders and their teams across Scotland.

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Azets: Warning as HMRC campaign targets incorrect construction industry scheme deductions

Published 7 months ago

Construction Industry Scheme (CIS) contractors are becoming a target for the tax authorities with HMRC issuing letters to CIS contractors if records indicate that the correct deductions may not have been applied, a Scottish tax expert has warned.

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Scottish Friendly: 36% of adults ready to open JISAs for relatives if rules relax

Published 7 months ago

Over a third (36%) of UK adults would set up a Junior ISA (JISA) on behalf of their grandchild, nephew, or niece if JISA rules were relaxed, Scottish Friendly has revealed.

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Sustainability champion Project Harmless selected as Scotland’s Start Up Loans ambassador

Published 7 months ago

Project Harmless, an Edinburgh-based eco start-up, is among 14 new businesses announced today as ambassadors for the Start Up Loans programme, part of the British Business Bank.

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Fraser of Allander Institute: Scottish income tax – mixed reactions from business community

Published 7 months ago

More than half of Scottish businesses (57%) have experienced little to no impact from the Scottish Government’s income tax policy, while 34% have felt the effects more sharply, according to the Fraser of Allander Institute.

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Alliance Trust: Cautious outlook as global equities rebound after turbulent August

Published 7 months ago

Alliance Trust discusses the recent market shocks experienced during the August turbulence, which was marked by a sharp initial decline followed by a rebound.

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Triyit completes £1.1m funding round following £850k Investment Fund for Scotland backing

Published 7 months ago

Glasgow-based marketing technology platform Triyit Ltd has secured an £850,000 investment, from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank, as part of a £1.1 million funding round.

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Government urged to provide long-term tax clarity in upcoming budget

Published 7 months ago

Henderson Loggie is calling on the UK government to provide businesses with a clear and comprehensive tax roadmap in the forthcoming budget.

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