MINTED Scots singers The Proclaimers raked in more than £1.1 million last year by performing their hits, it has been revealed.
The income of twins Craig and Charlie Reid’s firm almost tripled in the last 12 months thanks to a sell-out tour and the popularity of their music.
The Edinburgh-born duo are famous for hits including Sunshine on Leith, I’m Gonna Be (500 Miles) and I’m on my Way which have been featured in films, television shows and commercials.
Companies House figures show the 54-year-old brothers’ firm Proclaimers Live Limited have total assets of £1,145,225.
That includes £1,138,028 held in a bank account, £6965 owed by debtors and £232 in tangible assets and the total is more than £750,000 up on the previous year’s figure of £394,767.
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The business owe £376,033 to unnamed creditors, leaving them with a healthy profit of £769,192 for 2015.
The Reids set up the firm in September 2007 to help channel their income and they are based in Leith, Edinburgh, where the twins grew up.
Last year saw them play 68 venues in a UK tour and they released their 10th album, Let’s Hear it for the Dogs.
They are in America on a world tour, which has included gigs in Hong Kong, Australia, New Zealand and Canada.
Craig has previously said they were driven to succeed by fear of going back on the dole as they were in the early 80s.
He added: “We know what it’s like not to have money and be at the mercy of other people.
“I remember spending a day at the DSS queuing for housing benefit and you had no say, no economic power. The fear of going back to that has helped gee us along.”
He said that they could now afford to stop touring but added: “Money’s not the thing that keeps you going, it’s the love of performing.”
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