February 2025



Abrdn hires Siobhan Boylan of Coutts as CFO

Edinburgh-based investment giant Abrdn plc announced the appointment of Siobhan Boylan of Coutts & Co as chief financial officer and executive director of the company,…





Troubled Wood Group appoints interim CFO

Embattled Aberdeen-based engineering and consulting giant John Wood Group announced on Thursday the appointment of Iain Torrens as interim chief financial oficer (CFO) amid a “critical…



Edinburgh University boss says £140m cuts required

The University of Edinburgh’s principal and vice-chancellor Peter Mathieson has unveiled plans for up to £140 million of cuts to tackle severe financial difficulties. Mathieson announced “radical…







Scots biotech firm uFraction8 raises £3.4m

Scottish biotech engineering company uFraction8 has secured £3.4 million in new investment following the completion of a funding round led by the Foresight Group. The…









Beeks, Glasgow markets firm, expects revenue rise

Beeks Financial Cloud Group, the Glasgow-based private infrastructure and connectivity provider for financial markets, published an update on trading for the six months ended December 31,…


Kelso Pharma acquires ALTURiX of Milton Keynes

Kelso Pharma, the growing specialty pharma business backed by Apposite Capital, the healthcare specialist private equity investor, announced the acquisition of the UK pharma business,…



Beeks, Glasgow markets firm, wins Mexico deal

Beeks Financial Cloud Group, the Glasgow-based private infrastructure and connectivity provider for financial markets, said Grupo Bolsa Mexicana de Valores (BMV), the second-largest exchange in Latin…






















Prestwick welcomes Hong Kong Air Cargo

Glasgow Prestwick Airport (PIK) has welcomed its first Hong Kong Air Cargo (HKAC) flight — making HKAC the first Far East airline to operate at…














Edinburgh’s Dukosi in Arrow Electronics deal

Colorado-based technology solutions giant Arrow Electronics has announced a distribution agreement with Dukosi Ltd, the Edinburgh innovator in battery monitoring technology, for advanced battery management…



Cala Group announces boardroom changes

Edinburgh-based upmarket home builder Cala Group (Holdings) Ltd announced the appointment of Ian Sutcliffe as non-executive chairman, effective immediately. The company also announced the appointment of Tom…








Dxcover, Glasgow diagnostics firm, raises $6.2m

Glasgow-based Dxcover Limited, a clinical-stage diagnostics company pioneering its multiomic spectral analysis (MOSA-Dx) for early detection of solid tumor cancers, announced the closing of a significant…


SSE Renewables generation output rises 26%

SSE plc, the Perth-based electricity infrastructure giant, said generation output from SSE Renewables over the first nine months of its financial year was 26% higher…