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Premium spirits company Edrington has announced the sale of its Cutty Sark whisky brand to French spirits group La Martiniquaise-Bardinet. The completion of the transfer to La Martiniquaise-Bardinet is expected within a month.

Investment firm Brewin Dolphin said it had enjoyed a “strong” year in Scotland as it reported annual results showing profits across its business have risen by almost a fifth. The FTSE 250 company grew statutory pre-tax profits to £68.5 million in the 12 months to 30 September,

China's most famous entrepreneur, Jack Ma, the founder and executive chairman of Chinese e-commerce juggernaut Alibaba, with a net worth of more than $30 billion, has been expossed as a card-carrying communist. Ma was identified on Monday as a Communist Party member by the People's Daily, the mouthp

Cairngorm Mountain Limited, the company that operates the Cairngorm Mountain Funicular Railway and associated visitor attractions, has been placed in administration, with Campbell Dallas partners Blair Milne and Derek Forsyth appointed as joint administrators. The pair said they willl continue

More than 70 actions are to be delivered through a strategy approved by Glasgow councillors which includes a proposed new partnership to deliver investment in digital infrastructure and 5G mobile technology throughout the city.

Royal Bank of Scotland has opened a data innovation research unit at the University of Edinburgh, where it will join other industries, academics, and public sector partners in the heart of Edinburgh’s data science community. RBS has leased space at the Bayes Centre,&nb

Ivan McKee, Scotland’s minister for trade, investment and innovation, visited the Edinburgh headquarters of Scottish fintech firm Origo this week. Mr McKee was given a demonstration of the firm’s solution for the UK Pensions Dashboard, which will find and display an individual’s pe

Glasgow-based charted accountants Wylie & Bisset have announced the promotion of Catherine Livingstone to director with responsibility for supporting its client base of owner-managed businesses. Ms Livingstone, who first joined the firm as a trainee CA in 2004, has helped build an extensive clie

Scottish businesses owners remain "hostile to the idea of Brexit", accountants and financial advisers French Duncan have said after a new survey showed two thirds of Scottish businesses don't believe they will benefit from Brexit. Just over eight per cent of businesses said they thought their busine

The Scottish Government will face an "unaffordable" £1 billion black hole over the next four years if it decides to match the UK government's tax cut for higher earners in its own budget, a think tank has warned. The Institute for Public Policy Research Scotland (IPPR Scotland) has set out its

Scottish Enterprise will lead work to transform the future of the Michelin Dundee site under a new plan agreed by the Scottish Government, working group partners and Michelin management. A declaration to be signed by the end of the year will see the Scottish Government and Michelin work in partnersh

Blair Nimmo and Alistair McAlinden of KPMG have been appointed as joint administrators of Spark Energy Supply, the energy supply subsidiary of Spark Energy. Ovo Energy has separately acquired Spark Energy and intends to retain its brand as well as its operations and teams in Selkirk, Edinburgh and H

A modest Glasgow flat struggled to find a buyer after property website Rightmove accidentally listed it with a price tag of nearly £8 million.

AAB’s Alex Matthews, Kenny Fraser, Kevin Meaney and Brian McMurray Anderson Anderson & Brown LLP (AAB) has expanded its technology advisory offering on the back of growth in its Edinburgh office, which launched earlier this year, with the recruitment of a former PwC partner.

Two designer watches have been sold at auction as part of the final UK held assets linked to a muti-million pound VAT fraud which spanned the globe. Ronnie Decker, who is originally from Sierra Leone but educated in Scotland, was linked to a scheme where VAT on bogus transactions was claimed back th