Scottish Building Society has more than doubled in size from just five years ago, as its total assets have surged to £866.5 million. Marking what the society describes as the strongest organic growth among UK building societies, this growth trajectory coincides with the tenure of CEO Paul
Appointments
See all articlesProperty consultancy Galbraith has made 22 staff promotions across its 13 offices in Scotland and the north of England. The promotions include a new role as head of people and culture as well as two people moving up to become directors, three to senior associate, and two to associate.
Jen McCormick has been appointed as a partner at Ashurst. One of 20 new partners, Ms McCormick, who is based in Glasgow, is the regional head of the firm's advance solutions practice for EMEA and the US. She is a finance lawyer by background with experience in banking, restructuring and insolvency.
Armstrong Watson has promoted Hannah Laidlaw-Keggans CA to senior manager within its Dumfries tax team, recognising the significant contribution she makes to the team and clients she works with.
Johnston Carmichael has appointed Rachel Jones, founder of online brand protection specialist SnapDragon, and Elizabeth Pirrie, CEO of AccelerateHER, to its Tech Advisory Board. The pair join a distinguished group of independent experts, who provide strategic guidance to support Johnston Carmichael&
Scottish biotechnology firm MiAlgae has appointed Simon Durrant as chief financial officer (CFO) as it prepares for significant growth, including a new industrial-scale production facility in Scotland planned for later this year. MiAlgae’s circular technology repurposes by-products from whisky
Opus Restructuring & Insolvency has bolstered its Scottish operations by appointing experienced insolvency practitioner Paul Dounis as a partner in its Edinburgh office. Mr Dounis joins Opus from RSM and brings over 35 years’ experience, having worked in major financial centres including A
Accountancy
See all articlesFormer senior executives from EY and PwC are launching a new UK advisory firm, Unity Advisory, backed by up to $300 million (c. £225m) from private equity group Warburg Pincus.
Marking a period of significant growth, Aberdeen-based accountancy firm Hall Morrice celebrates a record £6 million turnover and the promotion of Louise Smith and Jack Borg-Delaney to partner. This marks substantial revenue growth of 65% for the independent business over the last three years.
Accountancy firm MHA has gone public and commenced trading on London's AIM market this morning at a valuation of £271 million, marking the largest AIM IPO in the business support services sector over the past five years. The UK arm of Baker Tilly International successfully raised £98 mil
Artificial intelligence (AI) offers a significant opportunity for Chartered Accountants to deliver greater value and develop fulfilling careers, but realising its potential requires dedicated upskilling and proactive leadership, according to a landmark report by Chartered Accountants Worldwide (CAW)
Forvis Mazars has reported its fifteenth consecutive year of growth in the UK, recording revenue of £362.4 million – an increase of 8.3% – for the year ending 31 August 2024. This growth continued unabated following the firm's global network formation on 1 June 2024. Across the UK,
Business
See all articlesScottish businesses are raising prices and hiring fewer staff in response to growing financial pressures as a result of the increase in employer National Insurance Contributions (NICs), according to the Fraser of Allander Institute at the University of Strathclyde. The latest edition of its quarterl
The percentage of Scottish small businesses predicting growth has fallen to a four-year low (29%), according to new figures from Novuna Business Finance. The current position stands in stark contrast to last summer, which saw a period of stability in Scottish growth outlook.
A £1.7 million project to help businesses grow in Shetland secured up to £486,956 investment from Highlands and Islands Enterprise (HIE). Whiteness-based building firm, G A Leask Builders has purchased a large warehouse in Lerwick. A project to convert the premises into four units is und
The number of growing UK sectors held steady in March, according to the latest Bank of Scotland UK Sector Tracker. Compiled using exclusive PMI survey data from around 1,300 private sector companies (between 12-27 March), the report shows that four sectors saw output growth, the same number as in Fe
A branding designer and former DJ-turned-beekeeper is creating a buzz with the launch of a small-batch honey business in the northeast Highlands. Dan Price is set to unveil Fableman’s Highland Honey this spring, with the first batch expected to be ready by the end of summer. Based on a three-a