ScottishNews.com

Finance

Loch Lomond Distillers doubles profits as turnover breaks through £100m mark

Published 1 year ago

Loch Lomond Distillers has reported a significant financial upswing with a 20% increase in annual turnover, surpassing the £100 million threshold for the first time.

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Tough Construction becomes Scotland’s largest employee-owned business

Published 1 year ago

Glasgow-based multi-service construction company Tough Construction has transferred its entire shareholding to an Employee Ownership Trust (EOT), marking it as the largest business in Scotland to do so.

Read on www.scottishconstructionnow.com →

Spotless elevates Laurie Scott to finance director

Published 1 year ago

Laurie Scott has been promoted to finance director of Edinburgh-based professional cleaning contractor Spotless Commercial Cleaning.

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Raft of promotions at Wylie & Bisset

Published 1 year ago

Wylie & Bisset has unveiled an array of promotions across various sectors of its organisation including audit, business advisory services, insolvency, payroll, and tax departments. 

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Edrington distills success as profits rise 43% to £387.7m

Published 1 year ago

Edrington, the Glasgow-based whisky distiller, comprising prestigious brands including The Macallan and Famous Grouse, has reported a 43% rise in pre-tax profits and exceeding £1 billion in core revenue for the first time, marking a milestone in the company’s financial performance.

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Scottish Government pledges £17.5m in startup-focused funding

Published 1 year ago

In a move to strengthen Scotland’s position as a European hub for startups, the Scottish Government has announced it will deliver a funding package worth £17.5 million this year.

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Scotland announces first two Investment Zones with £160m earmarked investment

Published 1 year ago

Scotland is set to create its first two Investment Zones in the Glasgow City Region and the North East, with up to £160 million of targeted investment, tax reliefs, and other incentives being earmarked over the next five years.

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Interpath Advisory’s joint administrators secure Wilkies future through asset sale

Published 1 year ago

The survival of Scottish retail chain Wilkies has been secured through a sale of the business and certain assets out of administration.

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Scottish Borders Council announces new finance and corporate governance directors

Published 1 year ago

The Scottish Borders Council has confirmed the appointment of two new directors, Suzy Douglas, director of finance & procurement, and Nuala McKinlay, director of corporate governance, effective immediately.

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Brewdog boss says Brexit is ‘tragic for UK business’

Published 1 year ago

James Watt, CEO of Brewdog, the brewery and pub chain headquartered in Ellon, Aberdeenshire, has expressed strong criticisms about the aftermath of Brexit, describing it as “tragic for UK business” and emphasising its detrimental effects on his own enterprise.

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Arbroath FC triples revenue to £1.88m in a year

Published 1 year ago

Scottish football club, Arbroath FC, has made headlines following a significant surge in their financial fortunes, tripling their annual turnover to £1.88 million in 2022.

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Scotland’s GDP shrinks for second month

Published 1 year ago

Scotland’s onshore GDP contracted by 0.5% in April, according to statistics announced by the Chief Statistician.

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R3: Over 3,200 new Scottish businesses registered in May 2023

Published 1 year ago

Scotland has witnessed a surge in new businesses, with over 3,200 start-ups registered in May 2023, according to research conducted by R3, the UK’s insolvency and restructuring trade body.

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Shepherd and Wedderburn advises on £125 billion in transactions

Published 1 year ago

Shepherd and Wedderburn’s banking and finance team has reported a busy 12 months.

Read on www.scottishlegal.com →

Fintech start-up ZIPZERO relocates to Scotland seeking ‘most fertile land for UK tech’

Published 1 year ago

Fintech start-up ZIPZERO has relocated its headquarters from London to Aberdeen, as it looks to leverage the region’s thriving tech scene to drive its expansion.

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