ScottishNews.com

Finance

Former Carillion finance director disqualified for 11 years

Published 1 year ago

The former finance director of construction outsourcing firm Carillion, Zafar Khan, has been disqualified from acting as a company director for the next 11 years due to his role in misrepresenting the firm’s financial health and sanctioning unwarranted dividends.

Read on www.scottishconstructionnow.com →

Quantuma appoints Craig Morrison as managing director to new Edinburgh office

Published 1 year ago

International advisory firm Quantuma has appointed Craig Morrison as a managing director for its growing Scottish practice.

Read on www.scottishfinancialnews.com →

Brodies posts record revenue as firm breaks £100m milestone

Published 1 year ago

Brodies LLP has announced its 13th consecutive year of growth – posting record revenue of £106.25 million.

Read on www.scottishlegal.com →

Neil McInroy takes over as chair at Economic Development Association Scotland

Published 1 year ago

Economic development and community wealth building expert Neil McInroy has been appointed as the new chair of the Economic Development Association Scotland (EDAS).

Read on www.scottishfinancialnews.com →

Loch Lomond Distillers doubles profits as turnover breaks through £100m mark

Published 1 year ago

Loch Lomond Distillers has reported a significant financial upswing with a 20% increase in annual turnover, surpassing the £100 million threshold for the first time.

Read on www.scottishfinancialnews.com →

Tough Construction becomes Scotland’s largest employee-owned business

Published 1 year ago

Glasgow-based multi-service construction company Tough Construction has transferred its entire shareholding to an Employee Ownership Trust (EOT), marking it as the largest business in Scotland to do so.

Read on www.scottishconstructionnow.com →

Spotless elevates Laurie Scott to finance director

Published 1 year ago

Laurie Scott has been promoted to finance director of Edinburgh-based professional cleaning contractor Spotless Commercial Cleaning.

Read on www.scottishfinancialnews.com →

Raft of promotions at Wylie & Bisset

Published 1 year ago

Wylie & Bisset has unveiled an array of promotions across various sectors of its organisation including audit, business advisory services, insolvency, payroll, and tax departments. 

Read on www.scottishfinancialnews.com →

Edrington distills success as profits rise 43% to £387.7m

Published 1 year ago

Edrington, the Glasgow-based whisky distiller, comprising prestigious brands including The Macallan and Famous Grouse, has reported a 43% rise in pre-tax profits and exceeding £1 billion in core revenue for the first time, marking a milestone in the company’s financial performance.

Read on www.scottishfinancialnews.com →

Scottish Government pledges £17.5m in startup-focused funding

Published 1 year ago

In a move to strengthen Scotland’s position as a European hub for startups, the Scottish Government has announced it will deliver a funding package worth £17.5 million this year.

Read on www.scottishfinancialnews.com →

Scotland announces first two Investment Zones with £160m earmarked investment

Published 1 year ago

Scotland is set to create its first two Investment Zones in the Glasgow City Region and the North East, with up to £160 million of targeted investment, tax reliefs, and other incentives being earmarked over the next five years.

Read on www.scottishfinancialnews.com →

Interpath Advisory’s joint administrators secure Wilkies future through asset sale

Published 1 year ago

The survival of Scottish retail chain Wilkies has been secured through a sale of the business and certain assets out of administration.

Read on www.scottishfinancialnews.com →

Scottish Borders Council announces new finance and corporate governance directors

Published 1 year ago

The Scottish Borders Council has confirmed the appointment of two new directors, Suzy Douglas, director of finance & procurement, and Nuala McKinlay, director of corporate governance, effective immediately.

Read on www.scottishfinancialnews.com →

Brewdog boss says Brexit is ‘tragic for UK business’

Published 1 year ago

James Watt, CEO of Brewdog, the brewery and pub chain headquartered in Ellon, Aberdeenshire, has expressed strong criticisms about the aftermath of Brexit, describing it as “tragic for UK business” and emphasising its detrimental effects on his own enterprise.

Read on www.scottishfinancialnews.com →

Arbroath FC triples revenue to £1.88m in a year

Published 1 year ago

Scottish football club, Arbroath FC, has made headlines following a significant surge in their financial fortunes, tripling their annual turnover to £1.88 million in 2022.

Read on www.scottishfinancialnews.com →