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FINTECH AT RISK OF REDUNDANCIES & PAY DELAYS FOLLOWING TAKEOVER DEAL

Jobs have been put at risk at OpenMoney after a takeover deal was agreed. The Manchester fintech is undergoing what has been described as an ‘essential restructuring’ with employees at its headquarters and on the operational side of the business most affected.  The company which is based at the ABC Building in Manchester’s Quay Street,

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AAB GROUPS MAKES THEIR LARGEST ACQUISITION TO DATE

(L) AAB chief executive Graeme Allan and (R) French Duncan managing partner and Graeme Finnie AAB has announced this week their largest acquisition to date, buying French Duncan for an undisclosed sum. This deal brings the headcount of the AAB central Scotland team to more than 350, building on existing teams in audit, tax, business

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DRUG MANUFACTURER HAILS US MARKET PROGRESSION

Drug manufacturer Shield Therapeutics has hailed rapid progress made on its move into the US market with its key iron deficiency tablets.  The Gateshead-based firm launched a partnership with Pennsylvania healthcare company Viatris last year in a bid to target more than 12,000 prescribers with its Accrufer product, which treats iron deficiency anaemia. In March,

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CONSTRUCTION FIRM BUILDS FOR THE FUTURE WITH ITS FIRST BRAND MANAGER

Scottish construction firm Orocco has appointed Aaron Bolton (pictured above) as its first brand manager as it targets sustained growth in the next 12 months. The Edinburgh-based company has established itself as one of the sector’s most forward-thinking businesses since its formation in 2012. From the introduction of a four-day working week two years ago

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UK AQUACULTURE BUSINESS OPENS DOOR TO PRIVATE SECTOR INVESTMENT

Seafields, a UK-based aquaculture business that aims to remove billions of tonnes of carbon from the atmosphere each year by growing and harvesting floating seaweed in the Atlantic Ocean has opened its first-ever private, seven figure investment round.   Developing and testing new technologies focused on growing and capturing Sargassum, a seaweed that has escaped its

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HOSPITALITY FIRM SECURES LOW RENT PERMANENT WORKER ACCOMMODATION

Left to Right: Seaforth Chef Venca Jaros, Duty Manager Demi Yorke and General Manager Jody Keating A highland hospitality business has moved to sidestep the region’s crippling housing shortage by investing in bespoke, low-rent accommodation for staff. Owners of The Seaforth in Ullapool were facing the reality of not being able to fully open their

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DENTAL PRACTICE CELEBRATES CARBON EMISSION MILESTONE

One80 Dental celebrated offsetting more than 30 tonnes of carbon emissions, the equivalent of 74,430 miles driven in a car this past Earth Day. The specialist-led dental practice in Totley, Sheffield, strengthened its commitment to sustainability earlier this year by registering with social enterprise Ecologi, pledging to plant more than 100 trees per month. So

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SCOTTISH PIZZA COMPANY EXPANDS INTO LONDON

Boss pizza has announced plans to expand into London as part of its national expansion plans. Their growth has been fuelled by an ambitious management team who have been busy building the foundations that would enable rapid growth in this sector. The latest store will be located at 307 Uxbridge Road, Acton, West London and

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UK DEFENCE AEROSPACE COMPANY THE FIRST TO MOVE TO SECURE CLOUD

Leonardo has become first major defence company in the UK to move to the secure cloud. This move will allow the Bristol based company to get high-tech new equipment into the hands of the UK Armed Forces and its allies faster. The deployment of a cloud-based Azure platform across its UK business is a first in

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PRESTIGIOUS ISO ACCREDITATION AWARDED TO GLASGOW BASED HEALTH TECH COMPANY

Glasgow-based engineering company MR CoilTech has been awarded globally- recognised ISO accreditation from the British Standards Institution (BSI) for the design, development and production of medical devices, in partnership with the University of Glasgow and InnoScot Health. MR CoilTech design, test and manufacture specialised radiofrequency (RF) coils, the devices responsible for generating and receiving the

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