News

Glasgow-based corporate digital identity (CDI) firm Encompass Corporation has appointed seasoned finance executive Stuart Barnard as its first chief financial officer. Mr Barnard, who has more than 15 years of experience in the finance industry, particularly within start-up and scale-up organisation

Carol Nisbet has been appointed managing partner of CMS' Aberdeen office. She succeeds Norman Wisely, who served in the role for the past 10 years.

RSM UK has appointed Alex Tait as its new national head of risk and governance, with a mandate to accelerate growth and to support a strategic drive to strengthen the firm’s wider consulting advisory solutions. Mr Tait aims to double the size and scope of the firm's risk and governance busines

Tech-enabled business critical services group AAB has appointed Phil Dunn to its restructuring and recovery team. Mr Dunn, who is based in Glasgow-based, joins as restructuring and recovery director, bringing over 20 years restructuring experience within three of the Big Four accounting firms.

In a deal worth up to £100 million, abrdn has completed the sale of its £7.4 billionn AUM European-headquartered Private Equity business to Nasdaq-listed Patria Investments. The sale follows a strategic review of abrdn's alternatives business, within which it concluded that the capital g

Drax Group has announced it is investing £80 million in a major refurbishment of its Cruachan pumped storage hydro power station in Scotland – increasing its capacity and supporting UK energy security.

Law firm Burges Salmon has advised Edinburgh-based Calcivis, a biotech firm that aims to revolutionise early-intervention diagnostics in dentistry, on its £5 million investment. The Burges Salmon team advising Calcivis was led by senior associate Katie Carter, partner Danny Lee, solicitor Will

In a bid to spearhead innovation in the financial technology sector, FinTech Scotland and Smart Data Foundry have joined forces to introduce an industry-wide UK fintech innovation challenge.

Buoyed by the inauguration of its state-of-the-art £20 million visitor centre, Scotland’s Greenock Ocean Terminal is set to embark on another prosperous cruise season.

Blackfinch Property has announced an £11.1 million investment into a residential development in Partick.

Scottish Land & Estates has appointed three new directors to its board. Angus Cheape, Alastair Orr Ewing and Michael Upton have been appointed following the rural business organisation’s AGM which was held on Monday evening.

Peterhead-based engineering business JBS Group has achieved a turnover of £11.5 million for the year ended 30 April 2024 – up from £8.3m for the same period last year. The firm has secured a plethora of contracts in the UK and internationally, with clients including operators, glob

After a hiatus of two years, EIE24, the showcase event for the technology entrepreneurial ecosystem, has returned with a fresh look and feel. Over two days, some 100 investors from across the UK and beyond will converge to meet Scotland's most innovative technology companies seeking investor support

The Scottish Parliament’s Finance and Public Administration Committee (FPAC) has agreed the general principles of a bill that will create a new Scottish Aggregates Tax (SAT) – a tax on the commercial exploitation of materials such as rock and gravel used in the construction industry.

Business confidence in Scotland rose one point during April to 42%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.