April 2024





Glasgow’s Nebu-Flow raises another $5.9m

Glasgow-based Nebu-Flow said it has secured an additional $5.9 million of investment to accelerate the next generation of inhaled drugs for patients with respiratory disorders. The…





Sweden’s Handelsbanken beefs up in Edinburgh

Sweden-based bank Handelsbanken has appointed Kevin Hulse as its first Corporate Manager – Business Development for Edinburgh. This is a first for the 150-year-old bank, which…










Abrdn assets rise to £508bn amid net inflows

Edinburgh-based investment giant Abrdn said its first-quarter assets under management and administration (AUMA) rose 3.7% to £507.7 billion at March 31, 2024. Abrdn said its performance benefited…








CISI Scotland appoints co-presidents

The Chartered Institute for Securities & Investment (CISI) announced that Jonathan Gibson and Shaid Moughal are the new co-presidents for the CISI Scotland committee. They…








Orbex, Scots spaceflight firm, raises £16.7m

Forres-based spaceflight company Orbex said it has raised £16.7 million from six backers in an update to its Series C funding round. Orbex has headquarters and production facilities…

















Iomart flags £127m revenue and more M&A

Glasgow-based cloud computing firm Iomart said it expects to report revenue growth of 10% to £127 million and adjusted profit before tax of £15 million (FY23: £14.8…


ScotRail appoints Joanne Maguire as interim MD

Scottish Rail Holdings announced that Joanne Maguire has been appointed interim managing director of ScotRail following Alex Hynes’ two-year secondment to the UK Government Department…











Beeks in partnership with South Africa’s STT

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, has announced a strategic partnership with South Africa-based Securities & Trading Technology (STT),…