News

A global crypto scammer, who posed as a helping hand to investors, has successfully prosecuted by his victims, from whom he stole around £20,000 in bitcoin which would have been worth as much as £725,000 today. Doede Osman Khan, a 50-year-old resident of Staffordshire, presented himself

Scottish spirits producer William Grant & Sons has reported turnover of £1.72 billion and an after-tax profit of £331.3 million for the year concluding 31 December 2022. The reported figures signify a return to the pre-pandemic profit levels of 2019, overcoming the significant challe

Scotland’s sole commercial gold miner, Scotgold Resources, has placed the majority of its staff on unpaid leave "until further notice" as it continues to grapple with significant financial constraints.

Car dealership Arnold Clark has paid out £67 million worth of dividends to its family owners, a sum almost equivalent to the company’s furlough payments during the pandemic.

The organisation managing the St Andrews Old Course has experienced a financial turnaround with a return to pre-pandemic revenue levels, posting a profit of £3.7 million in 2022.

Glasgow-based Macfarlane Group has acquired B&D 2010 Group Limited, a Southern England based specialist in protective packaging, in a deal worth £3.85 million. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging busine

A new regulation has come into effect requiring Scotland’s 29,000 taxi and private hire drivers to undergo HM Revenue and Customs (HMRC) tax checks as a prerequisite for the renewal of their operating licences. The new measure aims to foster tax compliance within the taxi and private hire indu

Scotland has emerged as the fastest growing UK region for the gaming sector, marking the largest surge in employment in this sector across the nation, according to new research by commercial property consultancy Knight Frank.

The Institute of Chartered Accountants of Scotland (ICAS) has expressed concerns to HM Treasury in its review of the supervisory model for anti-money laundering (AML) and counter-terrorism financing (CTF) compliance, with three of the models listed in the consultation putting recent progress in

Walker’s Shortbread has reported a 16% annual turnover increase in its latest financial release, reaching £164.6 million, up from £142.4m in the preceding year.

Agile asset and wealth management AssetCo has acquired Indian fund manager Ocean Dial Asset Management, purchasing the entire issued share capital from Avendus Capital Asset Management. The completion follows the necessary approvals from the FCA and Indian regulators.

Aberdeenshire-based ingredient company Macphie Ltd has appointed food industry expert Susie Turan as head of product and innovation to help facilitate the company’s next phase of growth. Known for creating freezer favourites like Magnum Double, Solero Berry and Vegan Carte D’Or, Ms

While UK prime house prices experienced a fourth consecutive quarterly dip in the three months to the end of September, with annual falls averaging -5.2%, Scottish prime values remained steadfast, with a minor annual dip of -1.1%.

Despite seeing a slowdown in takeovers, Deloitte UK, has reported a robust 14% growth in annual revenues, disclosing a turnover of £5.6 billion for the year to 31 May, up from £4.9bn in 2022. This surge in revenues, primarily driven by strong markets in the initial half of the year, led

A medicinal cannabis farm has seen its entire crop wiped out by an invading herd of sheep who ate around 300kg of cannabis, according to reports. Yannis Bourounis, owner of the farm in Almyros, Greece, told In.gr that the sheep ate everything that was left after Storm Daniel destroyed most of the pl