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Whisky giant Diageo, which owns Guinness and Johnnie Walker, has announced that it expects organic operating profit growth to be at least 14% in 2021 signalling an ongoing recovery from COVID-19. Shares in the firm closed up nearly 4% yesterday after the firm resumed a £4.5 billion return

International marine renewable energy contractor Leask Marine Ltd has achieved record growth after obtaining a £5.3 million funding package from Royal Bank of Scotland and Lombard. The Orkney-based company, which is a world-leader in the marine renewable sector, secured a complete funding pack

DataVita, Scotland’s largest data centre and multi-cloud services provider, has acquired the Fortis data centre in Lanarkshire with £45 million of support from HFD Group. The company will now take full ownership of Scotland’s only purpose-built, Uptime Institute tier III certified

The Ardgowan Distillery has today launched Shipwright – the second in its Clydebuilt series of limited-edition whiskies. The premium dram – which retails at £49.99 via the distillery’s online shop – is a blend of single malts from Speyside and Highland distilleries whol

Police officers have gone on strike over a shortage of trousers. Officers in El Puerto de Santa Maria in the south of Spain say they should have received new service trousers in 2016.

Prospect Community Housing has appointed Colin James as its new finance manager following a recruitment exercise earlier in the year. A qualified accountant and has many years’ experience in the housing sector, Colin most recently worked at Caledonia Housing Association.

UK Finance and the largest retail banks and building societies in the UK have made five commitments to continue to preserve access to cash for consumers and businesses over the long term. Barclays Bank, Coventry Building Society, HSBC UK, Lloyds Banking Group, Nationwide Building Society, NatWest Gr

Baillie Gifford's Scottish Mortgage Investment Trust has recorded its strongest ever single year return. Announcing its results for the year to 31 March 2021, Baillie Gifford said that the increase in single year return builds on the strong long term share price total returns over five and ten years

NatWest customers will be able to set their own limit on how much can be transferred from their bank account online, in an attempt to protect the bank's customers from scams. The Royal Bank of Scotland owner is to cut the default limit on online transfers from £20,000 to £5,000 a day for

The Entrepreneurial Scotland Foundation has appointed Sean McGrath as its new chief executive. Mr McGrath, who is currently the Foundation’s finance director, will take up the new role in July.

Asset & wealth management firm Asset Co has announced its conditional acquisition of Edinburgh-based Saracen Fund Managers Limited for an effective total consideration of £2.75 million. The Consideration will be satisfied by the issue of 166,904 new ordinary shares of 10p each in the compa

The firm that dealt with the administration of Rangers when it collapsed is suing the Lord Advocate for £25 million over the case that alleged the club was sold fraudulently, The Herald reports. Duff and Phelps' suit is the latest in the malicious prosecution scandal, the cost of which has now

Law firm CMS is joining forces with Interpath Advisory to stage a free to attend seminar for Scottish hotel and leisure businesses as they reopen after the second COVID-19 lockdown. The event will include a presentation by Stephen Montgomery, spokesperson for the Scottish Hospitality Group, a body w

More UK homeowners are expected to fall into mortgage arrears this year as the economic repercussions of the COVID-19 continue to wreak havoc, according to new figures released by UK Finance. The trade association said mortgage arrears remained close to historically low levels in the first three mon

The Financial Conduct Authority (FCA) has today set out plans for a new Consumer Duty, which will set a higher level of consumer protection in retail financial markets for firms to adhere to. Firms are already bound by FCA rules and principles to treat customers fairly and many firms are delivering