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