In a great night for the engineering stalwart, Howden won the Bank of Scotland Award for Most Outstanding Business, in front of an audience of around 500 people at the Crowne Plaza hotel. The company also picked up the award for Best Performing Business in the category of firms that employ more than 25 people and the Glasgow Business Award for Excellence in Skills and Learning.

Willie Haughey, the refrigeration tycoon, was recognised for his success in an entrepreneurial career that started in the mid-1980s with a Glasgow Chamber of Commerce Lifetime Achievement Award.

Another of the city’s best- known businessmen, motor trade veteran Arnold Clark, won the Glasgow Business Award for Apprentice Employer of the Year.

In a reminder of the continuing importance of financial services to the Glasgow economy, Barclays Wealth came top in the category which recognises work by employers to promote equality and diversity.

City Building, Glasgow City Council’s arms-length construction unit, was presented with the Glasgow Business Award for Sustainable Development.

The International Correspondence School, a US home-learning giant which has its European headquarters in the city, won the Glasgow Business Award for Creative Marketing.

The small and medium- sized enterprises that have been a driver of growth also won plaudits.

Clyde Marine Training won Best Performing Business in the category of firms with 25 employees or under while abica won the Glasgow Business Award for Excellence in Customer Service

The award for Glasgow’s Favourite Business, which was sponsored by The Herald’s sister paper The Evening Times, went to The Q Club snooker centre. The 12th annual awards event was organised by Glasgow Chamber of Commerce.

The panel of judges included Craig McNaughton, area director, Bank of Scotland Commercial for West of Scotland, who said: “This year we enjoyed a level of entries high in both quantity and quality.

“The imagination and determination shown in the last 12 months by all our winners and finalists stands them in good stead for a successful year ahead.”