BPI predicts strong full-year result despite fall in volumes
British Polythene Industries (BPI), the Greenock-based packaging group, today said its full-year results should be at the top end of market expectations, although its volumes are likely to fall short...
View ArticleRolls-Royce wins $1bn contract from Japanese airline
Engine maker Rolls-Royce has secured a $1 billion (£617.1 million) contract to supply Japanese low-cost carrier Skymark Airlines.Skymark, a new customer for the group, has ordered Trent 900 engines to...
View ArticleScottish Business Briefing - Tuesday 18 December, 2012
WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today. ECONOMICSClosing courts ‘will add to pressure...
View ArticlePhoto-filter app Instagram to sell off user images
THE FACEBOOK-owned photo-sharing app Instagram is to start selling users’ images to third parties for advertising without notification.Instagram’s 100 million or so users have until January 16 to...
View ArticleRank may have to sell to get Gala green light
Casino operator Rank could be forced to sell five venues – including one in Aberdeen – and an operating licence in Edinburgh before its deal to acquire rival Gala gets the green light from competition...
View ArticlePetrofac set to raise profits – and in 2013
OIL services firm Petrofac yesterday confirmed it was on target for higher profits for this year and said it saw scope for further opportunities in 2013. The group, which designs and builds oil and gas...
View Article£20m fund raising gives Cross’s Parkmead war chest for growth
OIL explorer Parkmead Group has vowed to accelerate its growth in the North Sea after raising almost £20 million through a share placing and debt-for-equity swap.The Aberdeen-based firm, headed by...
View ArticleNorth-east shows the way for Scots accountants Johnston Carmichael
Buoyant business activity in the North-east and a shift in focus to cater for trickier times further south helped accountancy firm Johnston Carmichael grow its revenues and profits last year.The group,...
View ArticleStandard Life’s £100m victory
Standard Life has won the latest round in a long-running legal battle with its insurers over the injection of more than £100 million into a controversial fund.The Edinburgh-based life and pensions...
View ArticleRural charity chief hits out at ‘brutal’ banks
The head of Scotland’s rural charity yesterday hit out at banks for adopting a “brutal” approach in their dealings with farmers facing financial difficulties following this year’s disastrous weather...
View ArticleBusiness news in brief: Rolls-Royce | Nissan | Oil & Gas UK
ENGINE maker Rolls-Royce has secured a $1 billion (£617.1 million) contract to supply Japanese low-cost carrier Skymark Airlines.Skymark, a new customer for the group, has ordered Trent 900 engines to...
View ArticleBush setting the pace in race to head Tesco’s troubled UK arm
TESCO’s UK chief operating officer has emerged as front- runner to be the supermarket giant’s new UK chief executive, with an appointment expected in the first quarter of next year.Chris Bush is...
View ArticleReel good deal: Park Circus clinches Paramount contract
A FILM distributor from Glasgow has won a contract from Paramount Pictures to bring classic movies such as Breakfast at Tiffany’s, pictured, The Godfather and Saturday Night Fever back to the big...
View ArticleSkyscanner to open in Glasgow
SCOTTISH travel search site Skyscanner yesterday opened a satellite office in Glasgow and is now looking to fill 100 newly-created jobs in the city and at its head office in Edinburgh. The company,...
View ArticleBeveridge raises his stake in cloud computing firm Iomart
FORMER Scottish Enterprise chief executive Crawford Beveridge has more than doubled his stake in Iomart, the Glasgow-based IT company he joined last year as a non-executive director.Beveridge, who...
View ArticleInflation set to continue upward trend fuelled by energy prices
SOARING energy costs are expected to stoke up inflation in the new year, putting further pressure on households and businesses.The Consumer Prices Index (CPI) remained at 2.7 per cent in November, with...
View ArticleDot com rivals together after RBS’s £26m sell-off
TWO of the best-known names from Scotland’s dot com boom will be brought together today when Royal Bank of Scotland (RBS) unveils the sale of its data centre business, Scolocate, to rival Pulsant,...
View ArticleMove to malts pushes profits up by a quarter for Whyte & Mackay
PROFITS at Whyte & Mackay, the Glasgow-based whisky distiller caught in the middle of Diageo’s takeover of United Spirits, have leapt by a quarter as the firm shifts away from making supermarket...
View ArticleMiller’s ‘steady’ hands remain at NFUS wheel
NFU Scotland’s president, Nigel Miller, will be returned unopposed for another two year term at the union’s annual general meeting at St Andrews in February.But the union will have a new vice-president...
View ArticleInstagram’s changes dubbed a ‘suicide note’ as users rebel
Instagram, the photo-sharing service bought by Facebook for about $715 million (£441m) in October, has angered users by changing its terms and conditions to give it the right to sell their pictures...
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