ScottishNews.com

Finance

Midnight Sun Festival enters liquidation

Published 1 year ago

Joint liquidators from FRP Advisory have been appointed to Midnight Sun Festivals Limited, the promoter of the festival of the same name.

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RBS invites Scottish entrepreneurs to apply for free business accelerator

Published 1 year ago

The Royal Bank of Scotland is inviting ambitious entrepreneurs and business owners to apply for a place on its Entrepreneur Accelerator Hub.

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OakNorth Bank makes two key hires amid Glasgow expansion

Published 1 year ago

OakNorth Bank, the entrepreneurial neobank, has recently extended its operations into Scotland, setting up a new office on Glasgow’s George Square, and has appointed a new senior director of debt finance and associate debt finance director.

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AI and tech investment on the rise as Scottish businesses display robust confidence

Published 1 year ago

Scottish businesses are exhibiting greater confidence in their growth over the next year, compared to the European average, according to the latest Accenture / S&P Global UK Business Outlook.

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Positive cash flow on Horizon for Wood Group as H1 2023 revenues rise

Published 1 year ago

Aberdeen-based energy services operator Wood Group has reported robust trading for H1 with revenues expected at £2.2 billion, a 15% increase compared to the same period the previous year.

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Apex Hotels diversifies portfolio with acquisition of Pitlochry’s Pine Trees Hotel

Published 1 year ago

Edinburgh-based Apex Hotels has expanded its portfolio by venturing into rural markets with the acquisition of the Pine Trees Hotel in Pitlochry.

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US dental tech firm Planet DDS invests £10m in Glasgow, creating 75 new jobs

Published 1 year ago

Planet DDS, a Californian dental software company, has chosen Glasgow as the location for its new technology development and support centre, marking a significant investment in Scotland’s economy.

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A year on – Scottish business leaders’ views on UK’s investment zone

Published 1 year ago

In the year since the UK government announced the creation of investment zones, Scottish mid-market business leaders remain unconvinced of their efficacy in contributing to the ‘Levelling Up’ agenda.

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Barratt profits down 15% amid reduced demand for homes

Published 1 year ago

Barratt Developments has said it anticipates a 15% drop in profits this year amid a sharp decline in demand for homes, particularly from first-time buyers.

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Paul Hazelton ascends to audit partner at Deloitte Scotland

Published 1 year ago

Deloitte’s Scottish has elevated Paul Hazelton to audit partner alongside 15 of his colleagues who were promoted to director roles across five business practices.

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Azets elevates Greig McKnight to Scotland regional managing director and unveils raft of senior promotions

Published 1 year ago

Azets has unveiled new senior appointments in Scotland led by the promotion of Greig McKnight, currently Glasgow regional managing partner, to regional managing director for Scotland.

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Sir Tom Hunter’s West Coast Capital invests millions in Ellipses Pharma

Published 1 year ago

Sir Tom Hunter, through West Coast Capital (WCC), the investment arm of the Hunter family, has made a multi-million-pound contribution to Ellipses Pharma, an innovative cancer drug venture.

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RBS: Growth in Scottish starting salaries accelerates despite weakening recruitment activity

Published 1 year ago

Scotland has experienced a continued downturn in hiring activity, with permanent staff appointments contracting for the fifth month in a row due to economic uncertainty and hesitations from candidates in seeking new roles, according to the recent RBS Report on Jobs survey.

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Scottish dental firm Infinityblu invests £600k in acquisition of two new practices

Published 1 year ago

Infinityblu Dental Care and Implant Clinic, a Perthshire-based dental group founded by Chris Barrowman, has invested £600,000 to acquire two new practices.

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Grant Thornton’s Scottish corporate finance team advises on over £175m worth of deals in H1 2023

Published 1 year ago

Grant Thornton UK’s Scotland corporate finance team has witnessed an impressive first half of 2023, successfully overseeing eight deals in H1, totalling more than £175 million.

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