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ABERFELDY® Sponsors The Bee Conservancy to Expand Barrels & Bees Program this National Honey Bee Day
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La Trobe University in Australia announces hundreds more job cuts
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DEWAR S® Launches New DEWAR S 8 Year Old Japanese Mizunara Oak Cask Finish Scotch Whisky Innovation
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He served 19 months of his sentence before he was paroled. After his release he found work in the finance sector, and formed associations with brokers, car dealers and vehicle repairers. He helped set up WeCare Finance in 2015 and was employed as its managing director since May 2015, and was also a director and shareholder of the company. The determination said Dewar would charge customers who made a successful loan application a fee, usually $600, which would be held in his personal loan account with the business and later paid to the broker who referred that customer. Customers who applied directly to the company were also charged this fee, which would go into Dewar’s account and later be used to pay cash to brokers or referrers for bringing other customers to the business, it said.
Nearly 70 per cent of malt distilleries are ultimately owned by companies outside Scotland with wealthy people linked to the whisky industry including a French fashion billionaire, an Australian yoghurt tycoon, a Swiss philanthropist and Thailand’s richest man.
The Ferret can reveal that of the 126 Scots distilleries only a third (42) are owned by Scottish firms.
Companies based in Bermuda, Gibraltar, China, France, Japan, Philippines, Taiwan and Thailand are among those investing in an industry which was worth £3.8bn to the Scottish economy in 2020.
Foreign investment has been welcomed by some commentators. But others expressed concern that profit could flow out of Scotland and domestic industry be excluded.