News

Ian Macleod Distillers Limited (IMD), the independent family-owned whisky distiller, has secured £80 million in committed asset-based debt facilities from PNC Business Credit and Bank of Scotland, completing its refinancing and positioning the business for its next phase of growth.

Gemma Copestick, senior manager of employer partnerships at STEP with senior solicitor Jocelyn Gilda, partner Roddy Harrison and associate Ross Brown of BTO Solicitors’ tax planning, wills and estates team. Scottish law firm BTO Solicitors has been awarded Employer Partner accreditation by the STE

Gary Johnstone, Rhianne Stewart, Steven Fraser and Charlotte Stewart of AAB's Payroll and Employment Taxes team and their 'Best Service Provider' Award. Anderson Anderson & Brown’s global Payroll & Employment Taxes team has received the Service Provider Team Award at “The Rewards” 2017

Gordon McArthur Glasgow-based Beeks Financial Cloud Group has this week announced plans to list on the London Stock Exchange.

Liz Field PIMFA, the trade association for the personal investment management and financial advice sector in the UK, has become the latest organisations to sign HM Treasury’s Women in Finance Charter.

Heath Drewett Glasgow-based energy firm Aggreko has announced the appointment of Heath Drewett as chief financial officer (CFO).

Paul Wheelhouse Burntisland Fabrication (BiFab), which currently has more than 600 people working at yards in Fife and Lewis, has filed a notice of intention to appoint administrators.

John Brodie The Scottish Retail Consortium (SRC) has today announced that John Brodie, chief executive of Scotmid (Scottish Midland Co-operative Society), is to become SRC chairman with effect from 1 January 2018.

Dave Jones The creator of the original Grand Theft Auto (GTA) computer game phenomenon has said there is “no limit” to the future prosperity of the games sector as he prepares to chart the incredible worldwide impact of the franchise 20 years on from its release.

Benny HIggins Edinburgh-based Tesco Bank is to increase its underlying standard interest rates for savings and it’s Standard Variable Rate (SVR) for mortgages by 0.15 per cent.

Yvette Nunn The Association of Taxation Technicians (ATT) is warning that any significant reduction in the VAT registration threshold could increase costs and burdens for small businesses and impose digital record keeping requirements on them earlier than expected.

Footfall in Scotland fell by 3.3 per cent in October, marking the sixth consecutive month of decline, against a previous three-month steady growth between February and April.

Fraser Sime The Scottish private sector made a positive start to the fourth quarter, as output growth quickened at the fastest pace since July, according to the Bank of Scotland.

A progress report filed at Companies House by the joint administrators of defunct Perth retail institution McEwens has revealed that it is not anticipated that all claims against the business will be paid in full.

A number of Scotland’s biggest and most prominent firms, including financial industry giant Aberdeen Asset Management, have been named in the so-called ‘Paradise Papers’.