Finance
FSCS deposit protection to be increased to £120,000 from December
Published 6 months ago
From the start of December, UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.
Read on www.scottishfinancialnews.com →
SNIB invests £50m into Octopus Capital’s Affordable Housing Fund
Published 6 months ago
Asset manager Octopus Capital has raised an additional £100 million for its Affordable Housing Fund, with the Scottish National Investment Bank (SNIB) providing £50m of the funding.
Read on www.scottishfinancialnews.com →
ICAS appoints Katie Close as new director of tax
Published 6 months ago
The Institute of Chartered Accountants of Scotland (ICAS) has appointed Katie Close CA as its new director of tax.
Read on www.scottishfinancialnews.com →
Aberdeen: Six macro themes that will reshape investing in 2026
Published 6 months ago
Aberdeen, the specialist asset manager, has outlined six macro themes it believes will reshape investing in 2026 and beyond.
Read on www.scottishfinancialnews.com →
Lanarkshire care home saved thanks to seven-figure funding from Unity Trust Bank
Published 6 months ago
A family-run company that acquires care homes in distress and turns them into viable businesses has bought Bankhouse Care Home in Lesmahagow following a £2.5 million refinance package from Unity Trust Bank.
Read on www.scottishfinancialnews.com →
Azets puts seven SME solutions to Chancellor
Published 6 months ago
A wish-list of seven policies to boost hard-hit SMEs has been sent to the Chancellor by accountancy and business advisory firm Azets, which advises more than 80,000 SMEs.
Read on www.scottishfinancialnews.com →
Drinks bodies make joint pre-budget appeal against duty rise
Published 6 months ago
The Scotch Whisky Association (SWA) has joined six other leading UK drinks trade bodies in a united call on the Chancellor to freeze excise duty in the forthcoming Autumn Budget.
Read on www.scottishfinancialnews.com →
SWA: Proposed spirits duty rise could add £90m to government borrowing
Published 6 months ago
New research from the Scotch Whisky Association (SWA) has warned that the rising price of alcohol is a significant driver of UK in 2025, adding to fears that consumers will be pushed to pay more for goods in the lead up to the festive season.
Read on www.scottishfinancialnews.com →
Whyte & Mackay sees pretax profits slip by £8m
Published 7 months ago
Whisky producer Whyte & Mackay has reported a fall in profits for the year ended 31 December 2024, citing a global slowdown in the whisky, spirits, and luxury goods markets.
Read on www.scottishfinancialnews.com →
Hebridean distillery raises a dram to £1.5m investment boost
Published 7 months ago
Benbecula Distillery – one of Scotland’s newest whisky producers, based in the Outer Hebrides – has secured a £1.5 million investment boost from the British Business Bank’s Investment Fund for Scotland.
Read on www.scottishfinancialnews.com →
Profits dip at Loch Lomond as It hits out at ‘unfair’ taxes on whisky
Published 7 months ago
Whisky distiller Loch Lomond Group has reported a drop in underlying profits to £23.7 million from £29.4m the previous year, with turnover decreasing to £105m from £118m, for the year ending 31 December.
Read on www.scottishfinancialnews.com →
Wbg’s 168 Whisky Club toasts 12 years of networking
Published 8 months ago
Wbg’s 168 Whisky Club moves into the autumnal season this week with another tasting from Ferguson Whisky, whom it has supported from inception.
Read on www.scottishfinancialnews.com →
Artisanal Spirits Company replaces RBS financing facility with improved Santander deal
Published 8 months ago
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society, has successfully secured a new £35 million financing facility with Santander.
Read on www.scottishfinancialnews.com →
RSM: Scottish economy on the rocks amid looming tax rises and ‘no deal’ whisky tariffs
Published 8 months ago
According to RSM UK’s latest Economic Outlook for Q3 2025, the UK was the best performing G7 economy in the first half of 2025, despite low consumer confidence and stagnant business investment.
Read on www.scottishfinancialnews.com →
Artisanal Spirits Co maintains profitability as US whisky woes hit revenue
Published 8 months ago
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has maintained its core profitability for the first half of 2025 despite a dip in revenue caused by challenging conditions in the US market.
Read on www.scottishfinancialnews.com →
FSCS deposit protection to be increased to £120,000 from December
Published 6 months ago
From the start of December, UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.
Read on www.scottishfinancialnews.com →
SNIB invests £50m into Octopus Capital’s Affordable Housing Fund
Published 6 months ago
Asset manager Octopus Capital has raised an additional £100 million for its Affordable Housing Fund, with the Scottish National Investment Bank (SNIB) providing £50m of the funding.
Read on www.scottishfinancialnews.com →
ICAS appoints Katie Close as new director of tax
Published 6 months ago
The Institute of Chartered Accountants of Scotland (ICAS) has appointed Katie Close CA as its new director of tax.
Read on www.scottishfinancialnews.com →
Aberdeen: Six macro themes that will reshape investing in 2026
Published 6 months ago
Aberdeen, the specialist asset manager, has outlined six macro themes it believes will reshape investing in 2026 and beyond.
Read on www.scottishfinancialnews.com →
Lanarkshire care home saved thanks to seven-figure funding from Unity Trust Bank
Published 6 months ago
A family-run company that acquires care homes in distress and turns them into viable businesses has bought Bankhouse Care Home in Lesmahagow following a £2.5 million refinance package from Unity Trust Bank.
Read on www.scottishfinancialnews.com →
Azets puts seven SME solutions to Chancellor
Published 6 months ago
A wish-list of seven policies to boost hard-hit SMEs has been sent to the Chancellor by accountancy and business advisory firm Azets, which advises more than 80,000 SMEs.
Read on www.scottishfinancialnews.com →
Drinks bodies make joint pre-budget appeal against duty rise
Published 6 months ago
The Scotch Whisky Association (SWA) has joined six other leading UK drinks trade bodies in a united call on the Chancellor to freeze excise duty in the forthcoming Autumn Budget.
Read on www.scottishfinancialnews.com →
SWA: Proposed spirits duty rise could add £90m to government borrowing
Published 6 months ago
New research from the Scotch Whisky Association (SWA) has warned that the rising price of alcohol is a significant driver of UK in 2025, adding to fears that consumers will be pushed to pay more for goods in the lead up to the festive season.
Read on www.scottishfinancialnews.com →
Whyte & Mackay sees pretax profits slip by £8m
Published 7 months ago
Whisky producer Whyte & Mackay has reported a fall in profits for the year ended 31 December 2024, citing a global slowdown in the whisky, spirits, and luxury goods markets.
Read on www.scottishfinancialnews.com →
Hebridean distillery raises a dram to £1.5m investment boost
Published 7 months ago
Benbecula Distillery – one of Scotland’s newest whisky producers, based in the Outer Hebrides – has secured a £1.5 million investment boost from the British Business Bank’s Investment Fund for Scotland.
Read on www.scottishfinancialnews.com →
Profits dip at Loch Lomond as It hits out at ‘unfair’ taxes on whisky
Published 7 months ago
Whisky distiller Loch Lomond Group has reported a drop in underlying profits to £23.7 million from £29.4m the previous year, with turnover decreasing to £105m from £118m, for the year ending 31 December.
Read on www.scottishfinancialnews.com →
Wbg’s 168 Whisky Club toasts 12 years of networking
Published 8 months ago
Wbg’s 168 Whisky Club moves into the autumnal season this week with another tasting from Ferguson Whisky, whom it has supported from inception.
Read on www.scottishfinancialnews.com →
Artisanal Spirits Company replaces RBS financing facility with improved Santander deal
Published 8 months ago
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society, has successfully secured a new £35 million financing facility with Santander.
Read on www.scottishfinancialnews.com →
RSM: Scottish economy on the rocks amid looming tax rises and ‘no deal’ whisky tariffs
Published 8 months ago
According to RSM UK’s latest Economic Outlook for Q3 2025, the UK was the best performing G7 economy in the first half of 2025, despite low consumer confidence and stagnant business investment.
Read on www.scottishfinancialnews.com →
Artisanal Spirits Co maintains profitability as US whisky woes hit revenue
Published 8 months ago
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has maintained its core profitability for the first half of 2025 despite a dip in revenue caused by challenging conditions in the US market.
Read on www.scottishfinancialnews.com →