Edrington Group, the owner of The Macallan and Famous Grouse whisky brands, has seen its profits rise by 58% in the 12 months to March 2022. The firm's profits before tax came in at £271 million, while it benefitted from a 45% increase in core revenue to £821.2m and a 53% rise in core co
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UK house prices increased by 1.8% in June, signalling the twelfth consecutive monthly rise, according to the latest Halifax House Price Index.
UK Export Finance, the UK’s export credit agency, has provided £6 billion in financing for UK SME exporters over the past 12 months as they continue to promote Britain as the champion of free trade.
The secretary general of oil producers group OPEC, Mohammad Barkindo, has passed away. A pivotal figure in the global oil sector, he served as secretary general of OPEC since August 2016.
The Scottish billionaire brothers, Sandy and James Easdale, have unveiled plans for their latest £2 million drive-through coffee location in Port Glasgow and are planning a raft of locations to follow across the UK. The new project will replace a former Department of Works and Pensions buildin
A farmer was ordered to demolish a castle he spent two years and £1 million to build.
An Edinburgh Napier student has become the inaugural winner of the University’s Appin Entrepreneurship Award. Student Kael Begbie – known as The Hoagie Man – scooped the top prize of £2,000 after coming out top in the competition held at Edinburgh Napier’s Bright Red Tr
Asset and wealth management firm AssetCo, run by Martin Gilbert, has axed a controversial bonus scheme for its executives after strong criticism from shareholders. In September last year, the firm's remuneration committee began a review of the Long Term Incentive Plan (LTIP), in an announcement toda
Swurf, a new Edinburgh-headquartered start-up that connects remote workers with spaces and hosts, has secured funding and support from two investors as the ambitious business expands south and targets global growth. Gareth Williams, co-founder of Skyscanner, and Anna Lagerqvist Christopherson, co-fo
abrdn has extended its existing £16.5 billion MyFolio franchise, launching the MyFolio Sustainable Index range. The range of five risk targeted multi-asset fund of funds has been designed to be closely aligned with the MyFolio Index range with sustainability considerations included.
Households still £1,328 worse off after inflation despite NI threshold hike, warns Scottish Friendly
The rise in the National Insurance threshold to £12,570 announced by the UK Government won't help lower-income households, despite some headline savings on contributions, according to Kevin Brown, savings specialist at Scottish Friendly. Mr Brown highlighted that average income households are
Hundreds of consumers across Glasgow and Renfrewshire have have signed up to a trial offering households free broadband for three months launched by Glasgow-founded Brillband, the company behind the app-based broadband technology. A waiting list to join the no obligation trial is now open and alread
Scottish fintech start-up Snugg has raised £1.2 million in their first seed fundraising round. The funding from private investors is being used to accelerate development of a unique, net-zero eco platform for UK homeowners and private landlords to make home energy efficiency improvements simpl
Kelso Pharma has appointed senior life sciences executive, Gordon Cameron, as its non-executive chairman. A senior executive with 25 years’ board-level experience in private equity and plc listed businesses, Mr Cameron has worked in the UK and US, primarily in biotech and pharmaceutical servic
YouGov polling for Age Scotland has revealed that 57% of Scottish adults are uncertain that they would have enough money in retirement. At the same time, 35% of respondents felt certain, and 9% didn’t know.

