New research reveals Scotland far outperforms the UK as a whole in attracting foreign direct investment. Foreign direct investment refers to a business or institution headquartered outside Scotland that establishes a base of operations in Scotland, creating jobs, economic opportunities and community investment. According to Ernst & Young’s latest annualRead More →

TWITTER is rarely the place for a nuanced statement, which is why Nicole Yeargin recently felt the need to add a second explanatory tweet following the reaction she received to the first. “Scottish National Record: 50.71,” she innocently writes. Congratulations, likes and retweets quickly followed, forcing the Maryland-born 400m athleteRead More →

Elasmogen – a biopharmaceutical company that discovers and develops new therapies using technology based on molecules found in the immune system of sharks – has secured an additional £8m investment. Elasmogen’s pipeline is focused on treatments for solid tumor cancers, systemic inflammatory diseases and inflammatory bowel conditions. The funding roundRead More →

BGF, Scottish National Investment Bank and Scottish Enterprise join forces to invest £8m in Aberdeen biologics company Elasmogen Details Category: More news Posted on Wednesday, May 18, 2022 9:37 AM Hits: 304 ABERDEEN, United Kingdom I May 18, 2022 I Elasmogen – a biopharmaceutical company discovering and developing new therapiesRead More →

The Scottish National Investment Bank (SNIB) has called on the Scottish Government to prioritize revisions to building regulations in a bid to avoid ‘expensive’ renovations. A new report from the Development Bank, focusing on how the nation can achieve net zero by 2045, highlights that £33billion is needed by 2045Read More →

According to the Scottish National Investment Bank (SNIB), the Scottish government-owned bank’s first full year of operation has seen significant progress. According to the lender, the bank’s team has been recruited significantly, many of its operational systems have been put in place and, since launch, £194.4 million of investment hasRead More →

Travel technology company Travelnest has received seed funding of £3 million from the Scottish National Investment Bank. The growth capital, alongside new funds from existing investors, should allow the Edinburgh-based company to target new markets and increase its service offering. Travelnest enables vacation home owners to reach a wider audienceRead More →

Thirteen towers were shot down at Glen Falloch Picturesque Glen Falloch is located within Loch Lomond and The Trossachs National Park, and the removal of the 13 transmission towers originally installed in the 1950s reduces the visual impact in the area. The towers have been knocked down for SSEN Transmission’sRead More →

Willie Watt writes to Holyrood Committee The chairman of the £2billion Scottish bank has refused to explain why its former chief executive quit with a six-figure exit payout. Eilidh Mactaggart left her post at the Scottish National Investment Bank (SNIB) in January. She walked out immediately without meeting her six-monthRead More →