The Scottish family-owned drinks group, William Grant & Sons, has reported a near one-third drop in profits for the 2024 financial year. The distiller, renowned for brands like Glenfiddich and Hendrick's Gin, posted a pre-tax profit of £388 million, a 30% decrease from the previous year.
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The Financial Conduct Authority (FCA) has revealed that while rising motor insurance premiums are largely driven by external cost pressures, shortcomings persist in how some insurers handle claims.
Chartered Accountant Alison Cornwell has been appointed to the board of Scottish Ballet, bringing invaluable financial and governance experience from an international career in media and entertainment. Ms Cornwell began her career qualifying as a CA with PwC in Glasgow before spending five years in
Around 1,500 smaller businesses in Scotland received new financial backing from the British Business Bank in the 2024/25 financial year, in a move expected to generate £800 million in additional turnover. According to the Bank’s second annual Impact Report, the support will provide a &po
Borrowers will find it easier to remortgage, saving time and money, under changes confirmed by the Financial Conduct Authority (FCA). The package of measures is part of a series of reforms the regulator is undertaking to mortgage rules to help people navigate their financial lives and support growth
The Supreme Court has rejected an appeal from Anna Standish, concluding a high-profile divorce battle with her former husband, ex-UBS chief financial officer Clive Standish, over assets worth nearly £80 million. The ruling upholds a Court of Appeal decision that significantly reduced Mrs Stand
Buy now pay later (BNPL) borrowers will benefit from key protections in place for other types of lending, under proposals put forward by the Financial Conduct Authority (FCA).
Armstrong Watson has been named in The Sunday Times Top 100 Apprenticeship Employers for 2025. It comes as the accountancy, business and financial advisory firm welcomes a record number of trainees and marks the fourth year where the business has been celebrated for leading the way in training the n
On the same day the Chancellor delivers her second Mansion House speech, where she is expected to potentially build a bonfire for some financial services regulations, the House of Commons Business and Trade Select Committee (BTC) will examine the future role of UK regulators and whether they can del
In the first phase of reforms to the Senior Manager Certification Regime (SM&CR), the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have proposed to streamline the regime to make it more effective and efficient and to drive growth in financial services. As the gover
7IM Private Client has strengthened its presence in Scotland with the appointment of Angus Robertson and the promotion of Morgan Leask as associate directors, financial planning. Mr Robertson joins from St. James’s Place, where he served as a Financial Adviser, supporting over 200 clients with
Homebuilder Cala Group has appointed Michael Rice as chief financial officer (CFO). Effective from 30 June 2025, Mr Rice joins Cala at a pivotal time as the business embarks on an exciting next chapter under new ownership.
The Financial Conduct Authority (FCA) is planning to review its client categorisation rules to unlock more opportunities for wealthy investors and support capital markets, driving economic growth.
As the fierce competition for emerging talent in the financial sector has intensifies, Goldman Sachs has reportedly implemented a new policy requiring its junior investment banking analysts to affirm their commitment to the firm every quarter. The strategy follows a similar robust stance from JPMorg
The British Business Bank’s Investment Fund for Scotland has delivered over £25 million in financial support to Scottish businesses since it launched 18 months ago, supporting 58 firms across the country to develop and grow.
