News




Aberdeen’s Proserv in sponsor-backed MBO

Aberdeen-headquartered Proserv has successfully completed a sponsor-backed management buyout (MBO) and is introducing an employee ownership scheme — marking a significant milestone in the company’s…



Lario gets $6m from Michael J. Fox Foundation

Edinburgh-based Lario Therapeutics, a biopharmaceutical company developing first-in-class precision medicines for epileptic and neurological disorders, announced it has been awarded a $6 million grant from…








Beeks expects full-year revenue to rise 27%

Beeks Financial Cloud Group plc, the Glasgow-based cloud computing and connectivity provider for financial markets, said on Monday its full-year revenue for FY24 “is expected to be…


PwC announces 234 promotions in Scotland

PwC has announced 234 promotions across Scotland, including two new equity partners. The latest round of promotions, which extends to team members across all lines…









Scots unemployment rate rises to 4.9%

Estimates sourced from the ONS Labour Force Survey for March to May 2024 indicate that over the quarter the Scottish unemployment rate increased, the employment…



Dundee Life Sciences Hub gets £8m boost

Deputy First Minister Kate Forbes on Wednesday joined Scottish Enterprise chief executive Adrian Gillespie to announce an £8 million grant contribution to the construction of…


Sue Dawe confirmed as SFE chair

Sue Dawe has been confirmed as chair of Scottish Financial Enterprise (SFE), the member body for Scotland’s large financial and related professional services industry, with immediate…



Wood wins $40m sustainable packaging contract

Wood Group of Aberdeen has been awarded a $40 million engineering design contract by Kuraray to build a new sustainable packaging production plant in Singapore. “Addressing…


Aberdeen’s Wood appoints new Norway boss

John Wood Group plc, the Aberdeen-based engineering and consulting giant, said Henrik Melsom has been appointed Senior Vice President of Wood’s Norwegian operations, tasked with growing the…











Springfield Group makes two senior promotions

Elgin-based house builder Springfield Group has made two senior promotions, appointing Andrew Curran to Managing Director (Central) covering Springfield Properties, Dawn Homes, Walker Group and…






Standard Life makes four senior appointments

Standard Life, part of Phoenix Group, has announced four senior appointments within its Defined Benefit Solutions division. Jack Hill has been appointed Director of Defined…


Scottish Chambers: confidence and trading improve

The Scottish Chambers of Commerce’s latest Quarterly Economic Indicator survey shows that confidence and trading conditions have improved slightly among Scottish firms, albeit it remains at…







BGF invests in Aberdeen’s Glacier Energy

Growth capital investors BGF has announced a multi-million pound investment in Aberdeen-headquartered energy services company Glacier Energy, joining Averroes Capital as investors in the business….









New Cruachan power station moves forward

The new “Hollow Mountain” power station at Cruachan near Oban has moved forward to the important design stage. Renewable energy giant Drax has appointed German technology…


Hymans Robertson makes senior appointments

Hymans Robertson, the pensions, actuarial and financial services consultancy, has announced the appointment of Alec Day as Head of Private Sector Actuarial Services and Susan McIlvogue…



Macfarlane Group acquires Polyformes

Macfarlane Group, the Glasgow-based packaging, design and distribution firm, announced the acquisition of Leighton Buzzard-based Polyformes Limited for up to £11.5 million in cash, including an…