The former premises of a seafood firm in Buckie, which closed in 2022, has been brought back to life as a state-of-the-art shellfish processing facility. Over the next three years, the project is expected to generate nearly £1 million in turnover and create 12 new jobs.
Search: financial focus
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
Scottish Friendly has appointed Schroders as its new investment management partner for a £2.1 billion multi-asset and insurance mandate. The mandate reinforces Schroders’ position as an insurance asset manager and expert in delivering actively managed and tailored investment solutions. I
Business confidence in Scotland rose by two points during March to 55%, according to the latest Business Barometer from Bank of Scotland. Scottish businesses reported higher confidence in their own business prospects month-on-month, up 15 points at 65%. When taken alongside their optimism in the eco
A Scotland-based technology company is aiming to become the Skyscanner of offshore decommissioning – using artificial intelligence to solve one of the largest and most complex industrial challenges facing the world. rahd.AI has developed a platform that significantly reduces the cost of decomm
Aberdeen Investments has named John McCareins as its new chief client officer. He is set to join the firm in mid-June 2025 from Northern Trust Asset Management, where he was executive vice president and head of international.
Aberdeenshire ice cream producer Mackie's of Scotland has reported a significant profit increase, driven by expanded supermarket distribution and successful marketing. Pre-tax profits rose by 67% to £2.24 million in the year to May, with turnover increasing by 7.2% to £22.3m. This turnar
Barclays CEO CS Venkatakrishnan has seen his pay more than double to £10.5 million, up from £4.6m in 2023. This substantial increase coincides with a 24% rise in the bank's annual pre-tax profits, reaching £8.1 billion. The profit surge was driven by a rebound in investment banking
Dains Group has expanded its Scottish presence with the acquisition of Glasgow-based Consilium Chartered Accountants. This marks Dains' first acquisition since receiving private equity backing from IK Partners. The team in Scotland is now almost 200 people strong with offices across the central
Edinburgh tech company Workpro has secured an additional £500,000 equity investment from existing sources as well as three new investors, including Capital for Colleagues. Workpro, the market-facing brand of Computer Application Services Ltd (CAS), has provided case management solutions for bu
A Scottish company dedicated to defending the over-50s from online threats has secured £75,000 from Scottish EDGE that will enable it to accelerate product development and support upcoming investment rounds. Glasgow-based SENGUARD has won the sum in the latest, and 24th, round of Scottish EDGE
ICAS has said Chancellor Rachel Reeves' Mansion House reforms, which include a consultation next year on UK Sustainability Reporting Standards for large companies, need to go further. The reforms announced in the Chancellor's maiden speech at Mansion House aim to establish a world-leading sustainabl
Weatherbys Private Bank has appointed Hannah Law as a private banker to its Edinburgh office as it continues to attract new Scottish clients. Ms Law joins Weatherbys after having spent the past decade at Citi in London, latterly working for its professional services group advising clients from large
Specialist manufacturing firm Rovtech, which is owned by Aberdeen-based climate tech venture studio Ventex, has appointed John Polson as it seeks to accelerate the global expansion of nuclear energy and offshore wind. The 30-year-old joins Rovtech from Aratellus, where he was director of projects an
Chancellor Rachel Reeves has confirmed a rise in capital gains tax (CGT) and employers' national insurance contributions (NIC) in today's Autumn Budget statement.
