Royal Mail to be sold for £3.6bn to Czech billionaire

Published 1 year ago

Royal Mail’s parent company, International Distribution Services (IDS), has agreed to a £3.56 billion takeover bid by Czech billionaire Daniel Kretinsky’s EP Group.

RBS invests £2m in sustainable tourism champion Highland Experience Tours

Published 1 year ago

Scottish Highlands tour operator, Highland Experience Tours, has secured a £2 million funding boost from Lombard, part of the Royal Bank of Scotland Group

Financial Inclusion for Scotland calls for £20m dormant asset allocation to fight exclusion

Published 1 year ago

Financial Inclusion for Scotland (FIFS) has issued a call to the Scottish Government to prioritise the allocation of dormant assets towards combating financial exclusion across Scotland.

SNIB chairman warns of limited investments due to funding constraints

Published 1 year ago

The Scottish National Investment Bank (SNIB) has been faced with a significant budget reduction, potentially limiting its investment capacity and ambitions to become self-sustaining.

Scottish space firm secures £320,000 to innovate rocket avionics

Published 1 year ago

Aurora Avionics, a Scottish space firm specialising in the development of rocket avionics systems, has secured over £320,000 in funding from Gabriel Investment Syndicate and Scottish Enterprise.

Early election stalls public share sale of RBS-owner NatWest

Published 1 year ago

Government plans to launch an offering of NatWest shares to the general public have been derailed by the imminent general election.

SFE: Scotland’s financial sector champions green finance future

Published 1 year ago

Scotland’s financial and professional services sector is fuelling the advance towards net zero and encouraging greater collaboration between government and industry, according to a new report.

Edinburgh fintech relaunches synthetic data platform amid surging demand

Published 1 year ago

Edinburgh-based Smart Data Foundry is relaunching its synthetic data platform, Aizle, following a period of sustained growth which has seen its client base and team expand in line with growing demand for its services.

Food and drink sectors dominate Scotland’s top 100 private companies list

Published 1 year ago

Grant Thornton UK LLP has released its Scotland Limited Report 2024, spotlighting the Top 100 private limited companies in Scotland and delving into the factors behind their dynamic success.

Energy prices ease UK inflation to three-year low

Published 1 year ago

UK Inflation has dropped to 2.3% in April, marking its lowest level in nearly three years.

Nine Scots companies to join major European fintech conference

Published 1 year ago

FinTech Scotland, in collaboration with Scottish Development International (SDI), has announced that nine Scottish fintech companies will participate in Europe’s largest fintech conference, Money20/20, in Amsterdam from June 4-6.

Scottish Government announces £5 million support package for high-growth businesses

Published 1 year ago

A new £5 million investment package has been unveiled to bolster high-growth businesses and entrepreneurs in Scotland.

Nature finance investment fund passes £4 million mark

Published 1 year ago

From the Solway Firth to the Highlands, and from rural farms to urban greenspace, new funding totalling more than £1 million for eight projects will support Scotland’s next steps to increase investment in nature.

Johnston Carmichael wins top tax honour for private client work

Published 1 year ago

Auditors fail to sound alarm in 75% of major corporate failures

Published 1 year ago

Audit firms have consistently failed to raise alarms ahead of three-quarters of major UK corporate collapses since 2010, according to The Audit Reform Lab, sparking concerns about auditors neglecting a key duty.