HomeBusinessScottish whiskey giant to expand distillery as profits double Achi-News

Scottish whiskey giant to expand distillery as profits double Achi-News

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Except translation, this story has not been edited by achinews staff and is published from a syndicated feed.

Loch Lomond Distillers revealed plans to expand its Glen Scotia distillery in Campbelltown as the company posted positive results.

“The continued success of the Glen Scotia brand means that, having continuously increased production since acquiring the distillery in 2014, we are now exploring opportunities to further invest in the site and deliver a significant change in capacity and capability in the near term,” he said. he said firmly.

Read Scott Wright’s story here


Plans for 600 student flats and 150 family homes on the Scottish city center gap site

Plans for almost 600 student flats on a vacant city center site have been submitted.

The site is the final piece of the Collegelands jigsawThe site is the final piece of the Collegelands jigsaw (Image: Glasgow Enlightenment)

The proposals include 150 homes to rent and a park with “meadows, orchards and seats”. Plans for a £95m multi-use residential development in Glasgow’s Calton with its 2.5 acre park and contemporary arts center have been submitted.

The plans are from Glasgow Enlightenment, a joint venture between Dawn Developments Limited, who designed the original Collegelands masterplan and have carried out the previous stages, and Drum Property Group.

The new neighborhood will be built on the site of the last gap of the popular Collegelands development, which was launched more than 20 years ago to help regenerate the Calton area.

Read Brian Donnelly’s story here


The impact of the Scottish Government’s income tax decisions on businesses

More than half of Scottish businesses have experienced “little or no impact” from the Scottish Government’s income tax policy, a key survey has revealed, although some say they are considering moving operations or investment south of the Border.

Deputy First Minister Kate Forbes Deputy First Minister Kate Forbes (Image: Gordon Terris)

The second quarter Scottish business monitor from Strathclyde University’s Fraser of Allander Institute, published this week, shows that 28% of companies reported no impact from the policy, while 29% felt only a “little” impact. Meanwhile, 17% of respondents experienced a “fair amount” of impact, with another 17% stating that the policy had a “significant” impact on their operations.

The Scottish Government has used its devolved tax powers in a way that means there is a greater tax burden on higher earners north of the Border compared to the rest of the UK.

Read Ian McConnell’s story here


‘End of the Earth’ golf resort in Scotland undergoing £100m expansion

The owner of a remote resort in Argyll has revealed that expansion plans to bring more golfers to the “end of the Earth” will cost up to £100 million over the course of the project.

The investment is significantThe investment is significant (Image: Contributed)

Read Kristy Dorsey’s story here

Tommy Southworth, who took over his family’s golf development company from his father five years ago, said the addition of a second links course along with expanded accommodation and training facilities would turn Machrihanish Dunes into a destination similar to Bandon Dunes in the US state of Oregon. States, the rather unlikely home of some of the world’s best golf courses.

Boston-based Southworth announced last week that it had been granted planning permission for an expansion, with work on the new course expected to begin next year. The company is currently in discussions with potential partners to provide capital and hospitality expertise, and hopes to make an announcement on this by March.


(Except translation, this story has not been edited by achinews staff and is published from a syndicated feed.)
source link https://www.heraldscotland.com/news/24601495.scottish-whisky-giant-expand-distillery-profits-double/?ref=rss

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