News

The world's largest bottle of single malt whisky was sold at an online Christmas auction on Sunday for £15,000. The 105.3-litre bottle of 14-year-old Tomintoul is nearly 1.5m (4.9ft) tall, weighs more than 180kg (396lbs) and would serve up about 5,250 drams.

The Scottish Government has announced that loans have been offered to hill and upland farmers and crofters to provide them with financial support and certainty in the New Year. Under the national Less Favoured Areas Support Loan Scheme (LFASS) 2019, eligible farmers and crofters will be offered up t

Following the announcement of a majority Conservative government, various financial and business services in the UK have given their response.  Chris Sanger, EY’s head of tax policy, commented on what the General Election result means for UK tax and the Chancellor’s Budget in the ne

Livingston-based W.L Gore & Associates (UK) Limited has announced that the company is seeing steady growth as it reported a pre-tax operating profit of £23.1 million for the year ended 31 March 2018. W.L Gore & Associates is the Scottish arm of the company behind waterproof fabric Gore

Edinburgh-based Oatcake maker Nairn's has made £4.8 million in pre-tax profits in the year to May 25, an increase on the £3.8m made in the preceding period, a welcome result as the company prepares for Brexit. The firm also saw sales increase to £33.4m from £30m in its previo

Paysend, the UK-based fintech business, has expanded its global reach by launching its money transfers service to Japan and South Korea. Users are now able to send money to Japan and South Korea using card-to-card or account transfers.

English TV health guru Jason Vale is one of the new clients who have helped to drive Midlothian glamping pod company Armadilla to reach a turnover of £2 million. Mr Vale has ordered pods from the company to be housed at one of his resorts in Portugal.

Dundee sushi restaurant Kobee, located on Dock Street, is the latest in a triage of restaurants in Dundee's city centre to close its doors in recent weeks. The restaurant on Dock Street's potential shut down follows the closure of the nearby Castlehill and Giza eateries.

Dundee jewellery store H. Samuel is to close down after more than a century of trading.

Edinburgh Napier University has received a funding gift from Trimble to establish a state-of-the-art technology lab for architecture, engineering and construction (AEC).

The International Auditing & Assurance Standards Board (IAASB) has appointed the Financial Reporting Council’s (FRC) Josephine Jackson to its board. Her appointment will commence on 1 January 2020 and will be for an initial term of three years. Ms Jackson is the FRC’s technical

The damage caused in the movie Home Alone would have cost almost £9,000 to fix, according to research. According to Mr Carl Goulding from MyBuilder.com, Kevin McCallister's 4,250ft, three-storey Winnetka, Illinois home featured in the film would have racked up nearly £9,000 worth of repa

KPMG has cut the average pay of each of its 621 equity partners by £52,000 after the firm experienced a decline in profits. The average pay for KPMG's partners fell by £52,000 to ££549,000 last year. This amount is lower than that for partners at the other Big Four firms. Del

Scottish brewer Innis & Gunn is well on the way to building the largest major brewery in Edinburgh for over 150 years as it’s ‘Beer Money’ crowdfunding campaign sails past the crucial £2 million mark.

Coventry Building Society has released a statement which admits the society's exaggeration of its financial strength for the last 11 years due to a calculation error. The building society issued a capital update last night which corrected the company's calculation of risk-weighted assets.