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Coinciding with its announcement of a better-than-expected 10% rise in pre-tax profits to $8.5 billion (c. £6.6bn) during Q3 2024, HSBC's CEO, Georges Elhedery, has dismissed speculation that the bank's recent restructuring signals a potential breakup. The restructuring, announced last week, w

NatWest Group has posted a 26% jump in third-quarter profits to £1.7bn, exceeding expectations and raising its income forecast for the year. This strong performance comes despite a challenging UK economic outlook and follows a trend of positive results from other major UK banks.

Scottish construction firm Algo has bounced back from losses in 2023 to achieve a pre-tax profit of £1.5 million for the year ending 30 June 2024. The Perth-based company attributed the previous year's losses to rising material costs impacting local government housing contracts.

Barclays has exceeded profit forecasts for the third quarter of 2024, driven by strong performance in its investment banking division.

Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.

BrewDog has posted a £59 million pre-tax loss for 2023, marking the Aberdeenshire-based craft beer company's fourth consecutive year of losses. This follows losses of £12.5m in 2020, £9.4m in 2021, and £30.5m in 2022. The company last recorded a pre-tax profit of £1.1m

Donald Trump has loaned nearly £5 million to his Scottish golf course last year as the company faced mounting losses. Trump International Golf Club Scotland, which operates an 18-hole resort in Aberdeenshire, received a £4.7m interest-free loan from DJT Holdings, the parent company owned

Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a 14.2% rise in net turnover to £253 million and an 8% increase in pre-tax profits to £4m for the year ended 28 April 2024. In the last year, the family-owned business, acquired 12 new company stores

Whyte & Mackay, the whisky giant behind brands like Dalmore, Tamnavulin, and Jura, has reported a surge in pre-tax profits to £96 million in its latest accounts. Turnover also jumped to £370 million for the year ended 31 December 2023, up from £321m the previous year.

Graham's Family Dairy has reported a slight increase in turnover from £152.9m in 2022/23 to £153.1 million, while pre-tax profits reached £2.8m, for the year ending 31 March 2024. The Stirlingshire-based business has seen continued sales growth across both traditional dairy an

Cruden Group has posted turnover of £132 million and profit before exceptional costs of £2.6m, alongside an increased net asset value of £40.7m, for the year ending 31 March 2024. The group has been in business since 1943 and took the strategic decision last year to restructure its

SCOT JCB, the Glasgow-based plant machinery specialist, has reported a 14.6% drop in pre-tax profits to £5.19 million for the year ending 31 December 2023.

Campion Homes has posted strong financial results for the year ended 30 June 2024, with a 122% increase in gross profit to £7.6 million and a 24% rise in turnover to £45m. Net assets also increased by £2.2m to £12.7m. This follows a steady level of private house sales and con

Dundee-based JTC, a leading manufacturer of kitchens, bedrooms, and bathrooms, has announced its highest profits in over a decade. JTC saw a significant rise in sales from £25.1 million in 2022 to £29.3m in 2023, with pre-tax profits reaching £1.4m. This success comes after a chall

The Old Course Limited, which owns the Old Course Hotel and Duke's golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023. This follows a £3.2m profit in 2022. The company attributed the shift to several factors, noting that 2022 w