Glasgow University spin out Chemify raises £36m
University of Glasgow spinout firm Chemify has announced funding of £36 million, including a Series A led by Triatomic Capital. Triatomic was joined by new investors…
August 2023
Standard Life hires Stewart from Hyman Robertson
Standard Life, part of Phoenix Group, has appointed Callum Stewart as Head of Investment Proposition Distribution. Stewart joins Standard Life from Hyman Robertson, where he…
AMTE executive director Brundish becomes non-exec
Thurso-based battery cell developer AMTE Power announced that executive director Kevin Brundish will be transitioning to a role of non-executive director of AMTE Power with immediate…
UK’s 75% tax on Scotch ‘will hurt jobs, investment’
The Scotch Whisky Association (SWA) has warned that the largest tax increase on Scotch Whisky in 40 years, which has now been implemented by the UK…
Wood signs global framework agreement with Shell
John Wood Group, the Aberdeen-based global engineering and consulting firm, said it has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide services…
Baillie Gifford says 18 of 36 funds underperformed
By Mark McSherry Baillie Gifford’s latest “Annual Value Assessment” report on its UK authorised funds has reported that 18 of 36 funds run by the…
BT hires Glaswegian Allison Kirkby as next CEO
BT Group plc has announced the appointment of Glaswegian Allison Kirkby as its next chief executive. Kirkby will take over from Philip Jansen around the end…
Weir Group first-half revenue rises 19% to £1.3bn
Weir Group, the Glasgow-based global engineering and mining giant, saw its shares rise as much as 5% after the firm upgraded its full-year revenue and…
Barr says CEO White to retire as revenue rises 33%
A.G. Barr, the Cumbernauld-based maker of Irn-Bru, Rubicon energy drinks and Funkin cocktail mixers, announced that long-serving chief executive Roger White will, at a mutually agreed…