Search: financial focus

Scottish legal firm Anderson Strathern has appointed former Deloitte partner Mike McGregor as non-executive director, replacing Graeme Bissett on the firm’s board - Bissett had served two terms on the board since 2015. Mr McGregor spent over 26 years at Deloitte in Scotland, latterly with thei

Burges Salmon’s Corporate Finance team has advised oncology drug discovery accelerator, Cumulus Oncology Limited, on a significant investment fundraise of c. £4.1 million. The investment fundraise follows Cumulus Oncology’s inaugural investment fundraise of £1.7m, which Burge

Glasgow-based Spider Online has announced it is joining the growing number of employee-owned businesses in Scotland, with all staff being given a stake in the company. Founded by John Campbell and Tony O'Grady in 2004, Spider Online is an award-winning digital agency specialising in website and app

Scottish consumer confidence remained steady and in line with the rest of the UK at the end of 2021, new analysis from Deloitte shows. Consumer confidence was at -11 per cent in Q4 2021, according to the latest Deloitte Consumer Tracker. Overall personal expenditure increased for 45 per cent of cons

Edinburgh-based software-as-a-service (SaaS) company Sharktower has been acquired by data-first change and transformation consultancy Proteus. Founded in 1999, Proteus has has powered $30 billion of the world’s most challenging corporate change projects. Unlike ‘land and expand’ co

NatWest Group has reported an operating profit of £4 billion in 2021. This is a substantial increase from the loss of £351 million in 2020. Across the whole banking group, the operating profit reached £4.3bn.

Alastair MacArthur has been appointed as the director of finance and resources at Renfrewshire Council. The council's former head of finance has been acting director since November 2021 and leads the Finance and Resources Department, which includes Finance and Business Services; People and Organisat

The unceasing demand for Scottish development land has driven strong growth in land values and high levels of investor activity over the last quarter according to a new report from real estate advisor, Savills. Indeed, growth in Scotland greenfield values reached 9.3%, the highest level of all UK re

Global cyber security and risk mitigation expert, NCC Group, has secured a new strategic partnership to offer its services to FinTech Scotland’s cluster of almost 200 fintech businesses with the aim of strengthening security postures and boosting resilience. Cyber threats are a growing concern

The NWH Group, a Dalkeith-based recycling firm, has welcomed a £19 million funding package from the Royal Bank of Scotland, as it underlines its commitment to sustainable operations.

1CSI Ltd, a subsea inspection business is on course to launch brand new technology that will result in significant savings for underwater asset operators, after the business owner received support and advice from Business Gateway. Established to provide realistic and trustworthy solutions to subsea

Chartered accountants Wylie & Bisset has warned the construction sector against a perfect storm of economic challenges putting pressure on their cash flow. Mark Mulholland, partner in the firm’s Business Advisory department, advised those smaller to medium sized construction firms that typ

The number of people who fell victim to a romance scam increased by more than 16% over the last year, according to new data from Lloyds Bank.

Edinburgh-based TV advertising platform Innovid has acquired TV measurement and attribution platform, TVSquared Ltd for $160 million. Innovid said that the deal establishes a new currency-grade standard for cross-platform measurement, powered by the scale and automation of an independent global ad s

Royal Bank of Scotland is offering £150 to new and existing customers who switch their main current account. New RBS customers can apply to switch to a Select or Reward account. In addition to Select or Reward accounts, existing customers can also switch to Reward Silver, Reward Platinum or Re