ScottishNews.com

Finance

Scotgold CEO steps down amidst promising gold production progress

Published 1 year ago

Scottish gold producer Scotgold Resources has been challenged with an imminent leadership change after its CEO, Phil Day, announced his intention to resign.

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Quantuma appoints Alistair Dickson as managing director to Glasgow office

Published 1 year ago

Cross-border advisory firm, Quantuma, has appointed seasoned restructuring advisory professional Alistair Dickson as a managing director in its Glasgow office.

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Pneumagen raises £8m to accelerate drug development

Published 1 year ago

St Andrews-based biotech firm Pneumagen has secured £8 million in financing from existing and new investors to support the continued Phase 2 development of Neumifil, a broad-spectrum antiviral, intranasal drug for the prophylaxis and treatment of viral respiratory tract infections (RTIs).

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Johnston Carmichael announces three new directors

Published 1 year ago

Scottish accountancy firm, Johnston Carmichael, has expanded its senior management ranks with three new director promotions as part of its strategic leadership growth plan.

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Equity Gap changes up top team

Published 1 year ago

Equity Gap, the Edinburgh-based angel investment syndicate has today announced changes to its top team that will see the syndicate continue to expand its portfolio across Scotland and the UK.

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Scotland’s economic growth outpaces UK average in Q1 2023

Published 1 year ago

Scotland’s economy demonstrated robust growth in the first quarter of 2023, outpacing the UK average, according to recent data released by the chief statistician.

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Merck to create 500 jobs with £30m investment into Glasgow and Stirling operations

Published 1 year ago

German science and technology giant, Merck, has announced plans to invest €35 million (£30m) in the expansion of its biosafety testing capabilities in Glasgow and Stirling.

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White Oak partners with Law Society and aims to lend £80m in Scotland in 2023

Published 1 year ago

Non-bank lender, White Oak, has inked a fresh partnership with the Law Society of Scotland, further deepening its footprint in the Scottish market.

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STAC boosts female entrepreneurship in Scotland’s tech industry

Published 1 year ago

Scotland’s first internet of things (IoT) accelerator, the Smart Things Accelerator Centre (STAC), has heralded the amount of female-led ventures in its third cohort of companies.

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Glasgow’s Novosound appoints former Intel exec amid North American expansion

Published 1 year ago

Glasgow-based ultrasound sensor firm Novosound has enlisted the expertise of former Intel executive David Jolliffe as its new CFO.

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CT unveils new executive committee and investment in digital transformation amid major rebrand

Published 1 year ago

In a significant strategic overhaul, accountancy and advisory firm CT (formerly Chiene + Tait), has appointed a new executive committee and strategic leadership team, along with the upcoming launch of a new seven-figure digital transformation division.

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ICMI to support £15m expansion of Crossbasket Castle

Published 1 year ago

Inverlochy Castle Management International (ICMI) has extended its management agreement with Crossbasket Castle, helping support the five-star hotel as it undergoes an ambitious £15 million expansion.

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Cairn appoints Ken Tudhope as director of finance and people services

Published 1 year ago

Ken Tudhope has been named the new director of finance and people services at Cairn Housing Group.

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Edinburgh biotech secures £250,000 seed funding

Published 1 year ago

Edinburgh-based Lentitek Ltd, a developer of pioneering manufacturing technologies enabling economic delivery of advanced cell and gene therapies, announced today that it has secured £250,000 ($300,000 USD) in seed investment. This investment will be deployed to further advance its technology and commence initial commercial trials.

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Tourist tax soon to be a reality in Scotland

Published 1 year ago

The Scottish Government has published the Visitor Levy (Scotland) Bill, potentially enabling councils to introduce a tourist tax on overnight stays.

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