Reading time: 7 minutes
Scotland has secured 135 foreign direct investment (FDI) projects in 2024 and cemented its reputation as the top UK FDI location outside London after marking a decade in the position. Despite a drop of seven projects (-4.9%) on the year before, this is still the second highest annual number of proje
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Bank of Scotland has appointed David McInally as area director for the North of Scotland, reinforcing its commitment to supporting businesses across the region. Mr McInally, who stepped into the role in June, will lead a team of experienced Relationship Managers supporting businesses in the North fr
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Global energy sector inspection and technical services firm Fulkrum, which has operations in Aberdeen, has appointed Louisa Poole as its new chief financial officer (CFO) to support the company's ongoing international expansion. With a career spanning almost three decades in wealth management, manuf
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Edinburgh-headquartered Hampden Bank has hired Haydn Aird from Handelsbanken to the new role of head of banking, North and Midlands. The private bank announced in April that it was expanding from its offices in London and Edinburgh. Mr Aird will lead a team based in Manchester serving clients across
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TLT has elected Andrew Lyon, partner and head of financial services, as senior partner. His three-year term will commence on 1 January 2026 and he succeeds Sasha Butterworth, who has served as senior partner since 2022.
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AAB has appointed Paul Turner as corporate finance partner, further strengthening its expanding corporate finance team in Central Scotland. In his new role, Mr Turner will lead AAB’s corporate finance team in Edinburgh, working closely with Iain Walker and colleagues across Central Scotland an
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Dobbies Garden Centres has announced the appointment of two new directors to its executive team. George Hutchinson will take on the role of retail director, while Richard Herbert has been named restaurant director.
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Businesses with operating leases for offices, warehouses, retail spaces, vehicles and other high-value equipment will soon need to prepare for significant changes that will impact how they are accounted for in their financial statements, according to Armstrong Watson. The majority of businesses will
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The external audit team of Wbg is set to welcome 10 graduates to its burgeoning team this summer in response to significant growth – double the annual intake of five graduates it has recruited over the last three years. From a team of 28 in 2022, Wbg’s external audit department will numb
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Azets has revealed it is actively seeking acquisitions to bolster its presence in key UK regions, including London, Birmingham, Manchester, and the east of England. Its Glasgow-based chief executive, Peter Gallanagh, told The Herald the firm also plans to strengthen its position in parts of Scotland
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Scottish accountancy firm Wbg has been reappointed to the Department for Education’s (DfE) Funding Assurance framework for a further three years following a successful re-tender process. The firm remains the sole independent Scottish accountancy practice to be awarded slots on the framework &n
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Major accountancy firms are vying to establish a new generation of audits designed to verify the effectiveness and safety of artificial intelligence systems. Deloitte, EY, and PwC have confirmed they are developing AI assurance services, aiming to leverage their established reputations in financial
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Aberdeen-based Visas2, a newly established company in the global mobility sector, has strengthened its market entry through the strategic acquisition of London-based Visa Group. The move combines proven industry expertise with technological innovation, bringing together Neil Thomson – founder
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Businesses with operating leases for offices, warehouses, retail spaces, vehicles and other high-value equipment will soon need to prepare for significant changes that will impact how they are accounted for in their financial statements, according to Armstrong Watson. The majority of businesses will
2 minutes
Law firm Wright, Johnston & Mackenzie LLP (WJM) has announced its financial and expert support for a new programme aimed at fostering the growth of Gaelic entrepreneurs. It has pledged financial support to the Gaelic Business Accelerator Programme – Cruthachadh Chothroman – run by Hi
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A 20-year-old award-winning hospitality entrepreneur is gearing up for a busy summer of events in Dumfries and Galloway, following a funding boost from Start Up Loans to support the expansion of his business’s headquarters at the family farm in Sanquhar. Knockenhair Hospitality is run by Harry
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Scottish business activity saw a modest return to growth in May, marking the first increase in six months, according to the latest Royal Bank of Scotland (RBS) Growth Tracker. The index, which measures combined output from the manufacturing and service sectors, rose to 50.5 from 47.4 in April, signa
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