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Business Connect Business Cnct

March 2024

Diversity still top of the agenda shows finance sector insights

A lack of diversity at senior level could be stunting growth and innovation in Scotland’s financial sector, according to a recently launched insights report. Core-Asset Consulting’s Industry Trends and Salary Guide is advising leading financial firms in Scotland that there is still a way to go before balanced senior-level teams become the norm in the […]

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Henry Dannell secures high Loan-to-Value mortgage for non-domiciled client acquiring a £4.3m Residential Property

Henry Dannell, a London-based specialist mortgage advisory, has facilitated a high Loan-to-Value (LTV) mortgage for a non-domiciled client with minimal UK income to acquire a £4.3 million residential property. The client, a high-net-worth entrepreneur with substantial offshore wealth, presented unique challenges where UK lending is concerned with a non-domiciled status and limited UK income. Seeking

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AND Digital grows Scottish data team as it eyes further growth in 2024 data revenues

Tech consultancy AND Digital is expanding its data teams in Scotland after winning a string of contracts from Google, Nationwide Building Society, and British Airways-owner IAG. Initially, between 10 and 15 of the 100 roles being created throughout the UK will be based at the company’s offices, or “clubs” in Edinburgh and Glasgow. The firm

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Edison Capital acquires Burrito Picante in all-cash deal and plans UK-wide expansion

Ayrshire headquartered Edison Capital, the rapidly expanding conglomerate with interests in property, construction, hospitality and leisure, has acquired quick service restaurant (QSR) concept business, Burrito Picante, in an all-cash deal. Founded in 2012, the Mexican food-themed business currently operates sites in Altrincham and Sheffield. Edison Capital plans expansion of the chain this year to Manchester, Liverpool, Glasgow,

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ALT announces exciting move to Glasgow’s coveted Golden Z quarters

One of Glasgow’s most vibrant creative media and digital marketing agencies, ALT proudly announced the opening of its new offices in the city’s highly sought after Golden Z, situated within the innovative Glasgow Avenues project. The company has strategically chosen the historic and beautifully restored McLellan Works for its state-of-the-art office. This significant move not only

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Par Equity expands Edinburgh team following fund launch

Leading venture capital firm, Par Equity has announced three new appointments to its Edinburgh team – Patricia El-Jichi as Investment Manager, with Clara Baltay and Oliver Johnston-Watt as Investment Analysts.  Working from Par Equity’s Edinburgh office, the new hires promise to bring a diverse set of expertise and bolster the existing investment strategy in Scotland.  Patricia

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Pioneering forging research hub puts Scotland at the forefront of advanced engineering

Scotland’s reputation as a beacon of manufacturing and engineering innovation has been cemented this week with the launch of the world’s most pioneering, industry scale, fully digitally enabled, forging research platform at the University of Strathclyde’s Advanced Forming Research Centre (AFRC), part of the National Manufacturing Institute Scotland (NMIS). The new facility, FutureForge, puts the country

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Wylie & Bisset forecasts an insolvency explosion

Wylie & Bisset, Accountants and Business Advisers, is forecasting an explosion in the number of winding up orders and company insolvencies as HMRC tackles a massive backlog of debt by enlisting private debt collectors to pursue billions of pounds in unpaid taxes. Under Chancellor Jeremy Hunt’s proposals, as part of a major crackdown spearheaded by

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Energy leaders to host open day for local community

Leading UK renewable energy developer, OnPath Energy (formerly Banks Renewables), is set to host an open day for community grant funding generated by a nearby wind farm. The event is taking place in the Blackwood and Kirkmuirhill Hope Hub in South Lanarkshire which was able to provide major upgrades to its indoor and outdoor facilities

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SIS Ventures appoints a chair of investment committee

Scotland’s first specialist impact investor, SIS Ventures has appointed experienced impact finance expert Amir Rizwan (pictured above) to the key non-executive role of chair of its investment committee. Amir, who also joins the SIS Ventures board, brings more than 15 years’ experience in impact investing and the financial services sector to the role. As director for the

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