The world’s oldest bottled single malt Scotch whisky has been sold at auction for £17,500. A whisky collector from Hong Kong paid the fee for The Gordon and MacPhail Generations Mortlach whisky which was distilled in 1938 at the Mortlach Distillery in Dufftown, Moray.
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Andrew Burns The local authority leaders of Scotland’s seven main cities have issued a collective call for a new working relationship with the UK and Scottish governments to allow them to reach their full economic potential.
Perth-based specialist property finance broker, The Lending Channel, has recruited an interim commercial director to help spearhead the next phase of their growth strategy. The rapidly growing business announced that Simon Cocker is to join it management team with immediate effect.
Glasgow-based private equity house Maven Capital Partners has supported the management buy-in of Prime Document, a specialist provider of outsourced document management services. Maven said its backing for the move will help the Prime team strategically grow the sales and marketing capability of the
The North Sea basin has a two year transformation window in which to ensure a strong, productive and profitable future for the sector, according to senior oil and gas executives interviewed for PwC’s latest report on the future of the troubled industry. The firm’s report entitled A Sea Change, f
Entrepreneurial Scotland’s Saltire Scholar programme begins today with its largest cohort to date and for the first time students represents all 17 Universities in Scotland.
Satago, an all-in-one cashflow solution designed by a Dundee entrepreneur and marketed as a more flexible and lower-cost alternative to traditional financing arrangements such as factoring, has secured £4.6 million in funding for its launch. Dundee University graduate’s Steven Renwick, 36, who ha
Royal Bank of Scotland is facing a landmark private criminal prosecution for an alleged £128 million fraud based on allegations made by a Scottish businessman that the 73 per cent state-owned bank pushed his firm into administration to benefit from its sale. Neil Mitchell, the former CEO of softwar
Scotland’s private sector received a higher volume of new business during May, with the rate of expansion accelerating to the joint-quickest in nine months, according to the Bank of Scotland. However, the increase in new work failed to lead to a rise in output, which remained broadly unchanged, th
Santander, which employs more than 2000 people in Scotland, has announced that it is to launch a UK private banking division this year for the first time. The lender said the move will see it provide facilities for smaller savers with hundreds of investment funds by providing bespoke solutions for c
Smaller pension funds in the UK are more exposed than others to market volatility linked to next week’s European Union referendum, according to new research. The findings, which highlight the impact of the negative interest rates in force in some areas, come as fears about the financial market imp
The Registers of Scotland (RoS) has announced the publication of the first single official UK House Price Index covering statistics up to April 2016 and now to be published on a monthly basis from now on. The 2010 National Statistician's Review of Official House Price Statistics recommended the prod
Buccleuch Group, one of Scotland's biggest private landowners, has cut its debt but seen profits fall, according to its latest, recently-released annual results. The results for the period to 31 October last year show pre-tax profit fell to just over £1.1m from a total of £1.72m for the previous 1