Page 30 - Brian Souter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

© SYSTEM Sign up for our daily newsletter featuring the top stories from The Press and Journal. Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up A group of entrepreneurs, including BrewDog co-founder James Watt, is giving a £1million boost to a competition that offers backing to Scotland’s up-and-coming businesses. The money will be awarded as grant and loan funding to winners in the Scottish Edge initiative. Businessman and philanthropist Sir Tom Hunter has pledged a total of £500,000, with £300,000 in grants fo...

Scottish independence-supporting bus tycoons sell off Stagecoach stake Sir Brian Souter and Dame Ann Gloag, who grew up on council estate in Perth, rank among Scotland's richest people 28 April 2021 • 3:47pm The Scottish siblings who made hundreds of millions of pounds capitalising on Margaret Thatcher’s privatisation of the bus market are to bow out of the sector after more than four decades in business. Sir Brian Souter and Dame Ann Gloag, who launched Stagecoach in 1980 by running second-hand buses between Scotland and London, have begun the sell-off of their 27.1pc stake in the FTSE 2...

Stagecoach founders pocket millions from share sale as part of 10-year plan to wind down their stake © Colin Hattersley Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up Scottish transport tycoons Sir Brian Souter and Dame Ann Gloag have sold shares in Stagecoach Group worth nearly £11 million. The siblings – or rather their “connected parties” – disposed of more than 11.5 million units of stock, representing a 2.1% stake in the business they founded more than 40 years ago, Perth-based Stagecoach said today (A...

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The founder of The Hut Group has pledged to donate £100million of the online retailer's shares to charity and hand all his salary to good causes after the firm's profits soared by a third last year. Executive chairman and chief executive Matthew Moulding, 49, will give the mammoth stake to the Moulding Foundation, set up by the entrepreneur and his family last year. The move, which comes just seven months after The Hut Group owner THG's initial public offering (IPO), sees him become one of the UK's biggest philanthropists. THG said it had already donated £300,000 to charities between last S...