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Glenfiddich Scotch whisky and Hendrick's Gin owner, William Grant & Sons, has seen a 3% rise in profit in the last financial year. The firm's turnover rose by 12% to £1.4bn, while profits after tax rose to £248m from £240.4m, according to its latest full year report.

Deloitte UK has released its 2022 financial results showing an increase of 21% in distributable operating profit to £711 million, bringing the average UK partner payout to £1.025m this year - inclusive of £105,000 from the sale of a business. The big four firm's revenue for th

The Financial Conduct Authority (FCA) is concerned that as pressure mounts on household budgets some customers may cut-back on the insurance they need, leaving them without protection.

Scottish commercial law firm MacRoberts has posted a 10% rise in turnover in the financial year to 30 April 2022 to £20.6 million. The firm’s profits rose by 17% for the same period. Highlights include an exceptional year from the firm’s credit management specialist Yuill+Kyle, a p

Young Enterprise (YE) Scotland, enterprise and financial education provider, has appointed Emma Soanes as its new chief executive to succeed Geoff Leask. Taking up the post in October, Ms Soanes, who will step down as CEO of Unity, brings 30 years’ knowledge and experience in the thi

The Duke of Marlborough has had his £132,000 Porsche Cayenne seized after failing to make payments to Porsche Financial Services he owed for the vehicle. Volkswagen Financial Services UK, the trading name of Porsche Financial Services, took the duke to court and claimed he had an outstanding d

Michael Reid, managing partner at Meston Reid & Co, discusses how company directors should act in moments of financial difficulty and what considerations they should have. When consulting with a director about company matters, it is quite common for words such as “me” and “my b

Glasgow printer McAllister Litho Glasgow (MLG) has announced a planned financial package worth £3,500 over the next seven months to help staff meet rocketing fuel bills during the coming winter. MLG's director, Brian McAllister, said: “It will be some relief to a lot of people who a

Popular fintech Revolut has received calls to improve its internal controls after the Financial Reporting Council (FRC) found the company's account audits to be significantly flawed.

As inflation reaches 10.1% in the UK, mid-sized business leaders in Scotland are bracing for the impact of further financial strain, with more than 1 in 4 respondents to Grant Thornton UK LLP’s August Business Outlook Tracker saying they would not have sufficient working capital to manage infl

Progress has been made towards recovering £21 million in illicit gains made by the former director of Midas Financial Solutions, who scammed investors out of £13m, the High Court in Edinburgh has heard. The legal bid to recover the £21m came from prosecutors who are trying to seize

James Hobson, the chief financial officer of battery cell manufacturer AMTE Power, is considering leaving his post after he was approached for a new role.

The Financial Conduct Authority (FCA) has warned firms that offer Buy Now Pay Later (BNPL) products that although some agreements are unregulated, the financial promotions of all BNPL products must comply with the financial promotion rules.

Edinburgh-based charity Bank of Scotland Foundation has announced it is providing almost £1,000,000 of additional financial support to Scotland’s third aector to help charities through the cost of living crisis. This will enable them to provide more grants throughout the remainder of thi

Demand for financial advice has risen greatly as many struggle to meet mortgage debt payments, a charity has warned. Citizens Advice Scotland (CAS) has seen a big increase in traffic to their website pages for advice on mortgage debt. From June 2021 to June 2022 the views of the webpages 'Schemes th