ScottishNews.com

Finance

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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Springfield Properties appoints Iain Logan as permanent CFO

Published 1 year ago

Scottish housebuilder Springfield Properties has confirmed the appointment of Iain Logan as the company’s chief financial officer.

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Sophie Hannah promoted to director at SBP Accountants & Business Advisers

Published 1 year ago

SBP Accountants & Business Advisers (SBP), a North-east accountancy firm with offices in Aberdeen, Peterhead, Fraserburgh and Banff, has announced the promotion of Sophie Hannah to the position of director.

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Scottish Dental Care Group lands multi-million-pound investment for nationwide expansion

Published 1 year ago

Scottish Dental Care Group (SDCG), a provider for both NHS and private sectors, has secured another multi-million-pound investment from BGF, marking BGF’s second investment within a span of just over a year.

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Administrate raises £5m to transform global training operations

Published 1 year ago

Edinburgh-based enterprise training platform Administrate has secured a £5 million investment round from current backers Archangels, Mercia, and the Scottish National Investment Bank, with Hambro Perks joining the round as a fresh capital partner.

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