Mark Sterritt, director at the British Business Bank, discusses the organisation's £150 million Investment Fund for Scotland, and its aim to provide financing options for small businesses and entrepreneurs across Scotland in an effort to address regional imbalances in access to capital. A
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TLT has promoted restructuring and insolvency lawyer Ainslie Benzie. Ms Benzie joined TLT as legal director in 2020 to lead the firm’s restructuring and insolvency practice in Scotland. In her time at the firm, she has led on some of the most complex restructuring and insolvency matters in the
Aberdeen-based energy services firm Wood Group has revealed revenue growth and improved cash flow for 2022, alongside a new "Simplification Programme" aimed at driving margin expansion.
Unity Trust Bank, which supports organisations delivering positive social impact across the UK, has reported record lending of over £1 billion in its 2023 annual results. This marks the first time the 40-year-old bank has exceeded this milestone, with nearly half (48.2%) of its financing in Sc
A hotel complex in the Scottish Highlands, dedicated to members of the British armed forces, veterans and their families, has secured a six-figure funding deal to complete its transformation. Forces Manor, situated in the Cairngorms National Park and owned by former army soldier and now veteran Tony
Johnston Carmichael’s most senior audit professional is swapping running numbers for running shoes in aid of a charity campaign to encourage social mobility in the accountancy profession. Graham Marjoribanks, partner and head of audit at Johnston Carmichael, is running a half marathon to raise
Deloitte has initiated a major reorganisation of its global operations, the largest in over a decade, as the Big Four firm aims to reduce costs and complexity amid an anticipated market slowdown. The restructuring will consolidate Deloitte's main business units from five to four, comprising audit an
North-east investment firm Scott James & Associates has recorded its best year yet by exceeding £150 million in funds under management. Founded in 2015, and an appointed representative of St. James's Place Wealth Management, the Aberdeen-based company saw an 18% increase in funds from &pou
Company insolvencies in Scotland rose by 9% during February compared to the previous year, totalling 94 cases, according to data from the Insolvency Service.
Scotland’s hotel sector saw a seasonal decline in demand and room rates during January, but the slow start to the year is set to be exacerbated further by the upcoming national minimum wage (NWM) increase in April, according to the RSM Hotels Tracker. The data, which is compiled and produced b
One of Scotland’s largest independent care home operators is expanding following a £63 million funding package from HSBC UK.
The Highlands and Islands Airports Limited (HIAL) board has announced the appointment of Paul Kelsall as its new chief executive officer. Mr Kelsall, who has a wealth of knowledge and extensive experience in the aviation sector will join HIAL on 20 May 2024.
Scottish pensions solutions provider Yorsipp is celebrating International Women's Day this week by showcasing the leadership of its managing director Kirsty Gallagher. Ms Gallagher's journey with the company, which began in 2006 as the office manager when the business consisted of only 5 individuals
EY has identified the Energy Profits Levy as a hindrance to investment, leading Aberdeen to experience the slowest economic growth in the UK, with an anticipated average GVA growth rate of 0.8% from 2024 to 2027.
STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures. The group also announced that CEO Simon Pitts will step down in the next 12 months to start a new appointment in Q1 2025. The board h
