NEWCASTLE-based software development consultancy Scott Logic, has celebrated 10 years in business at the weekend.

Founded by managing director Gary Scott the company, which still specialises in providing software solutions to the global financial sector, now employs more than 180 members of staff across the UK.

Because of Mr Scott's experience in global finance, the business’ first client was US banking giant Lehman Brothers, one of the main casualties of the financial crisis. The firm diversified before the 2008 credit crunch and managed to weather the downturn.

Mr Scott said: “I was fortunate to be able to rely on a fantastically smart team at Scott Logic. By 2008, we had grown to a staff of around 20 across Newcastle and Edinburgh, all of whom went the extra mile to help Scott Logic not just to survive, but to prosper.

“Many, many hours were put in by a small group of dedicated, talented and truly passionate individuals, a number of whom I am proud to say remain with the company, and I’d like to extend my gratitude to them, on behalf of everyone at Scott Logic.”

Scott Logic is rapidly expanding and has ambitious plans to grow further, with vacancies across software development, testing, user experience design and project management.

Mr Scott added: “I am immensely proud, not just of reaching our 10th anniversary, but also of keeping such amazing talent in the region, rather than losing it to London and the South East. Hopefully the next decade in business will be even more exciting than the first.”