Whisky tax hike would hit Tory vote says SWA poll
A Survation poll carried out for the Scotch Whisky Association (SWA) shows that a third of voters are less likely to support the Conservatives if…
A Survation poll carried out for the Scotch Whisky Association (SWA) shows that a third of voters are less likely to support the Conservatives if…
The Scotch Whisky Association (SWA) said on Monday that cutting tax on Scotch Whisky and other spirits in the UK Budget could give UK finance…
The Scotch Whisky Association (SWA) said on Friday it has co-signed an agreement with the Spanish Civil Guard to further the protection of Scotch Whisky…
By Mark McSherry Edinburgh asset management giant Baillie Gifford and other major shareholders of Chinese e-commerce behemoth Alibaba Group Holding have swapped billions of dollars…
Scottish Widows said it has facilitated a longevity swap between the Lloyds Banking Group Pensions Trustees Limited and Pacific Life Re Limited. “The transaction transferred…
US hedge fund and activist investor Elliott Investment Management has acquired a 5.037% exposure stake in Baillie Gifford’s £14 billion flagship fund, the Scottish Mortgage…
The Scotch Whisky Association (SWA) said the value of Scotch exports topped £5.6 billion in 2023, down 9.5% on the record £6.2 billion of 2022, but up…
The UK central bank kept interest rates at a nearly 16-year high of 5.25% on Thursday — but opened up the possibility of cutting them as…
WTW’s annual Pensions De-risking Report said the UK defined benefit pensions market is likely to see £80 billion in pension “de-risking” transactions take place in…
The Scotch Whisky industry generated £7.1 billion of Gross Value Added (GVA) for the UK in 2022 — with £5.3 billion of that generated in…
A bottle of Scotch whisky has been sold for almost £2.2 million ($2.7 million) — an auction record for a bottle of wine or spirits, according…
By Mark McSherry Edinburgh-based investment giant Baillie Gifford revealed on Monday that its assets under management and advice have fallen again — this time to…
Edinburgh, Fife and Mid and West Lothian is one of the UK’s top innovation clusters outside the golden triangle of London, Oxford and Cambridge, according to…
The Scotch Whisky Association (SWA) announced that its application to register “Scotch Whisky” as a Certification Trademark in Hong Kong has been successful. Trademark recognition…
The Scotch Whisky Association (SWA) has released new figures showing that the value of exports in the first half of 2023 held steady when compared…
Plans by Dutch-owned Scotch Whisky Investments (SWI) to develop a major bonded whisky storage facility in Glenrothes in Fife have taken a major step forward…
The UK’s central bank on Thursday raised its key interest rate by a quarter of a percentage point to a 15-year high of 5.25% — and…
The Scotch Whisky Association (SWA) has warned that the largest tax increase on Scotch Whisky in 40 years, which has now been implemented by the UK…
Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), published a trading update for the six months ended June 30, 2023,…
The UK government wants to scrap restrictions inherited from the European Union that ban the “naked” short-selling of UK government bonds. The UK Treasury said…
Global assets under management at asset and wealth managers fell to $115.1 trillion in 2022 – nearly 10% below the 2021 high of $127.5 trillion…
The UK central bank, the Bank of England (BoE), raised interest rates by a bigger-than-expected half a percentage point on Thursday. The central bank said there…
Celtic plc announce that Brendan Rodgers has been appointed the club’s new football manager on a three-year contract. “Brendan previously managed the club to phenomenal…
Scotch Whisky giant Diageo plc announced on Wednesday that Ivan Menezes, who held the CEO role at the world’s biggest spirits company for 10 years, has…
The giant Scottish Mortgage Investment Trust announced on Wednesday the appointment of Sharon Flood and Vikram Kumaraswamy as independent non-executive directors of the company, with…
The Scotch Whisky Association (SWA) has launched a campaign to “press the UK government to re-think the decision to increase duty on Scotch Whisky and…
The UK central bank raised its benchmark lending rate on Thursday by a quarter point to 4.25%, the highest since 2008, and left the door…
British finance minister Jeremy Hunt set out his budget on Wednesday in an effort to pull the UK economy out of its run of stagnant…
The Scotch Whisky Association (SWA) has slammed the decision by the UK Chancellor to raise duty on Scotch Whisky by 10.1% in one of the…
Global exports of Scotch Whisky grew to more than £6 billion for the first time in 2022, according to figures released by the Scotch Whisky…
Standard Life, part of Phoenix Group, said it has concluded a £530 million Bulk Purchase Annuity (BPA) transaction covering 3,000 members of the Cobham Pension…
By Mark McSherry UK prime minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday — and scrapped parts of their economic package that…
By Mark McSherry — The £200 million Baillie Gifford China Growth Trust plc said “the risk of a Lehman’s style moment in China is very low” as…
The UK’s central bank raised its key interest rate to 2.25% from 1.75% on Thursday and said it will continue to “respond forcefully, as necessary” to…
The Scottish Affairs Committee in the UK government announced it has launched a new inquiry “examining how Scotland is promoted internationally by the UK Government,…
Scottish Athletics said that 10 Scots have been selected for the Great Britain and Northern Ireland team to compete at the World Athletics Championships in…
By Mark McSherry The Scotch Whisky Association (SWA) announced it has successfully registered “Scotch Whisky” as a certification trademark in the United States — the…
An “visionary” bid for a Forth Green Freeport for Scotland which “will re-industrialise the nation and create large scale economic development” has been submitted by…
UK finance minister Rishi Sunak has been accused of losing £11 billion of taxpayers’ money by paying too much interest servicing the government’s debt. The…
Savills’ latest report on the Glasgow office market has reported that Scotland’s biggest city is at a “tipping point” as a lack of new office…
The UK central bank on Thursday raised interest rates to their highest since 2009 — hiking borrowing costs by a quarter-point to 1% to fight…
Job vacancy numbers in Scotland continue to rise — but applications are on a continuous decline, according to new research from the Association of Professional…
The value of global exports of Scotch Whisky grew 19% to £4.51 billion in 2021, according to figures released on Friday by the Scotch Whisky…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, fell about 35% on Friday to about 0.40p after it announced plans…
The contrarian Scottish Investment Trust plc said on Monday its share price total return for the year to October 31 was 24.3% and the net…
Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, said on Friday it is in talks with shareholders over a possible fund raising…
Edinburgh-based investment giant Abrdn said on Monday it has joined the ESG advocacy network the Emerging Markets Investors Alliance (EMIA). Abrdn is the newest major asset…
The Scotch Whisky Association (SWA) has announced that Mark Kent, former British Ambassador to Argentina, will succeed Karen Betts as chief executive when Betts leaves…
The Scotch Whisky Association (SWA) has welcomed the 50% excise duty cut on imported Scotch Whisky in the state of Maharashtra ahead of formal UK-India…
Zetland Capital Partners LLP, a London based private equity firm, has announced its funds have agreed to acquire the 338-bedroom Macdonald Manchester Hotel and the…
Standard Life, part of Phoenix Group, has concluded a £130 million bulk purchase annuity transaction covering all pensioner and deferred members of the PerkinElmer (UK)…
Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, said it has signed a trials agreement with Aurigene Pharmaceutical Services Limited in Hyderabad, India, to…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 4% on Tuesday after it announced it signed a contract with…
By Mark McSherry US activist hedge fund Elliott Advisors is pushing for a breakup of Perth-based energy and networks giant SSE after building up a…
The Scotch Whisky Association (SWA), currently looking for a new chief executive, has released export figures for the first half of 2021 which show some…
Mark McSherry A top executive at Edinburgh-based investment giant Aberdeen Standard Investments said cryptocurrency is still the “wild west” in terms of regulation and consumer protection…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 5% on Thursday after it announced a collaboration with the University…
Perth-based energy and networks giant SSE said on Monday it agreed to sell its entire 33.3% stake in gas distribution operator Scotia Gas Networks Ltd…
Karen Betts, chief executive of the Scotch Whisky Association (SWA) since May 2017, is leaving her role to become chief executive of the UK’s Food…
Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, said on Thursday it has been selected as a partner for the University of Leeds…
By Mark McSherry The Scotch Whisky Association (SWA) on Thursday welcomed the UK Government’s announcement that tariffs on Scotch Whisky have been suspended for a…
Shares of troubled West of Shetland oil and gas explorer Hurricane Energy plc fell another 50% on Friday after it proposed a complex debt restructuring that…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 15% on Wednesday after it announced another collaboration with the University…
The Scotch Whisky Association (SWA) said on Wednesday the UK Chancellor has offered some “breathing room” to distillers facing continued US tariffs by freezing spirits…
The latest data from the EY Financial Services Brexit Tracker shows that UK financial services firms continue to move jobs and assets to the EU…
Global company stock dividends fell 12.2% to $1.255 trillion on a headline basis in 2020 after a relatively strong finish to the year, according to the Janus…
Global exports of Scotch Whisky fell by more than £1.1 billion or 23% to £3.8 billion in 2020, according to figures released on Friday by…
Amsterdam overtook London as Europe’s biggest share trading venue in January — as Brexit saw about 50% of London’s trading volumes move to the continent…
The Scotch Whisky Association (SWA) said on Tuesday that losses suffered by the industry as a result of tariffs on Scotch Whisky exports to the United States…
The Brexit fisheries deal negotiated by the UK Government “will mean a fall in the quantity of key fishing stocks” landed by the Scottish fleet,…