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The whisky industry has expressed deep concerns over the 10.1% rise in alcohol duty which came into effect on 1 August, warning of potentially severe consequences for Scottish businesses.

Barclays has posted its half-year results, showing a 22% increase in pretax profit to £4.6 billion, for the six months ending 30 June 2023.

Scottish business confidence has surged by 28 points to reach a 50% mark in June, revealed by the recent Business Barometer survey from the Bank of Scotland Commercial Banking. This confidence is reflective of firms' optimism in both their individual prospects, which jumped 22 points to 52%, and the

In a move for customer rewards, Nationwide Building Society has announced a significant redistribution of profit to its customers, strengthening the appeal of its mutual structure. This action follows a 40% rise in annual profit, amounting to £2.2 billion, resulting from a succession of intere

Occupier demand for commercial property in Scotland rose for the first time since Q2 2022, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor, however the industry continues to face a challenging environment. A net balance of +5% of respondents in Sco

Mark Pryce and Morag Watson of Azets outline the main tax targets for the upcoming Autumn statement expected this Thursday. The chancellor has made no secret of the fact that there are likely to be tax rises when he delivers the budget statement on Thursday, although he has also been quick to point

Bank of Scotland owner Lloyds has reported a 26% drop in profits in its Q3 results as it braces for more defaults on bad loans. Profits were down to £1.5 billion, lower than the average forecast of £1.8bn as analysts expected a significantly small drop in profits of around 9.5%. However,

Ledingham Chalmers has set aside £200,000 to support staff with the rising cost of living as it records an increase in profits from £4 million to £4.1m. Announced at the same time as the Aberdeen-headquartered firm’s financial results, this bonus means each member of staff em

The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has seen its gross profit increase by 21% to £6.2 million in the first half of 2022.

New data has shown that the global non-life run-off market continues to grow, with estimated liabilities rising 11% to $960 billion (£822.5bn) since the beginning of 2021, according to PwC’s latest global insurance run-off survey.

PwC has said it plans to cut partners' compensation next year after annual results show £5 billion in revenues for the firm.

The Artisanal Spirits Company (ASC), the owner of The Scotch Malt Whisky Society (SMWS) has hailed a strong performance in the first half of 2022, as sales increased by 25% to almost £10 million.

Small firms are encountering widespread problems in their dealings with the insurance market, amid rising premium costs, a new report has found. FSB’s new publication looks into the price of insurance and whether the products on offer are suitable for small business customers.

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

Widespread burnout and lack of flexible work continue to hinder working women’s career progress, according to a new Deloitte Global report.  Deloitte Global conducted a survey of 5,000 women in 10 countries, including 500 working women in the UK, to understand the impact the COVID-19 pand