Angus Dundee Distillers recorded pre-tax profits of £13.3 million for the year ended 30 June 2025, a decrease of £4.3m from the previous year, as rising costs and global instability impacted the sector. Despite the fall in profitability, the company, which produces Tomintoul and Glencada
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Scottish Friendly is celebrating a successful year defined by a dedicated commitment to supporting local communities through strategic partnerships, volunteering, and fundraising.
Deloitte’s latest survey of UK Chief Financial Officers (CFOs) shows that 59% of the UK’s largest businesses have become more optimistic over the past 12 months on the potential for AI to boost the performance of their own organisation – up from 39% when last measured in the third
Scottish-headquartered energy and infrastructure heavyweight Global Energy Group (GEG) has announced a robust set of year-end financials, with revenue climbing to £330 million from £253m the previous year. The Inverness-based group, which recently underwent a major rebranding and strateg
Thorntons Property grew its sales by 8% in 2025, following continued expansion of the business and a strengthening marketplace in Scotland. The estate agency, which is part of Thorntons, sold 1,341 properties last year compared with 1,240 in 2024. While the rise reflects an overall increase in prope
London’s blue-chip index began 2026 with historic momentum, briefly breaching the psychological 10,000-point barrier during Friday’s trading. Although the FTSE 100 eventually settled 0.3% higher at 9,962p, the early rally to an intraday peak of 10,003.68 marked a significant milestone fo
Denise Coates, the billionaire founder and chief executive of Bet365, secured a total remuneration package exceeding £260.8 million for the financial year ending in March. This figure represents a 65% year-on-year increase from £150m, comprised of a £104m base salary and a signific
Womble Bond Dickinson (WBD) has advised private equity firm Piper on a £7 million investment in artistry-led make-up brand VIEVE as part of a £9m funding round to fuel the company’s next stage of growth. Founded in 2020 by Scottish make-up artist Jamie Genevieve, VIEVE has establis
The Federation of Small Businesses (FSB) has urged the Scottish Government to use January’s Scottish Budget to protect small businesses facing significant non-domestic rates rises. Some of the stalwarts of local high streets, including independent pubs and post offices, are facing huge rates r
The CyberScotland Partnership has announced the addition of three new Partner organisations: Business Gateway, the Institute of Directors (IoD) Scotland and the Cyber and Fraud Hub. The announcement comes as preparations begin for CyberScotland Week 2026.
The Bank of England has delivered a pre-Christmas boost to borrowers, cutting the base interest rate by 25 basis points to 3.75%. This reduction, which brings rates to their lowest level in nearly three years, was driven by a deteriorating labour market and signs that price rises will continue to sl
Aberdeen Investments has agreed to acquire the management of closed-end fund (CEF) assets totalling £1.5 billion from MFS. The deal reinforces Aberdeen’s position as the fifth-largest CEF manager globally, raising its managed assets in the sector to over £21.4bn.
Expectations for the housing market in Scotland improved last month as more buyers made enquiries and more sellers listed their properties, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. A net balance of 39% of respondents in Scotland expect that h
A survey by the Association of Chartered Certified Accountants (ACCA) has captured the worries of the UK business community, which is seen as adding to an already complex tax system and lacking in direction to promote economic growth. The poll, drawing on feedback from finance professionals working
Leading figures in the Scotland's whisky industry have criticised Chancellor Rachel Reeves’ decision to increase alcohol duty in the Autumn Budget, warning the move will stifle growth, cost jobs, and reduce government revenue. The Scotch Whisky Association (SWA) described the RPI inflation-lin
