Slaughterhouse fears of small organic producers
An ORGANIC meat producer has warned Scotland’s livestock farmers that the disappearance of small-scale slaughterhouses is threatening their diversification attempts. Chris Walton, who with his wife...
View ArticleOil veteran to raise $90m in Trinidad deal
AN OIL and gas exploration company led by a founder of North Sea-based Venture Production is raising $90 million (£56m) to finance development in Trinidad as it completes the reverse takeover of a...
View ArticleBanks swell Proserv’s warchest
OIL and gas technology firm Proserv is back on the acquisition trail after today unveiling a £133 million refinancing deal with a syndicate of six banks.The Aberdeen-based company, which took over two...
View ArticleHarvard economist urges Scots to support nuclear and shale gas
SCOTTISH entrepreneurs should try to break into the shale gas and nuclear power markets as well as renewable energy, according to a professor from Harvard Business School.Joe Lassiter will tell 600...
View ArticleBusiness briefs: TSG profits double | Botts joins Wood Group
SOFTWARE service firm TSG, which last week won a contract to provide IT support to British Cycling, yesterday said it was confident of delivering further growth after seeing its profits more than...
View ArticleComment: The danger of being in the middle of the road
AS THEY say, the danger with being middle-of-the-road is that you risk getting knocked down by a lorry. The early feedback from festive and final-quarter trading for food retailers suggests both...
View ArticleTextiles firms exploit Scots heritage to sew up big contracts in Japan
SCOTTISH textile companies are tapping into export opportunities in Japan after two initiatives to showcase their fashion ranges netted £1.3 million in sales.Scottish Development International (SDI)...
View ArticleVodafone ahead over US speculation
FTSE heavyweight Vodafone was among the biggest risers yesterday as speculation grew about a sale of its US joint venture that would be one of the biggest corporate deals ever. Shares in the world’s...
View ArticleAegon loses boss of IFA business
THE head of the loss-making financial advice business at Aegon has left the life and pensions company.Patrick Gale, executive chairman of distribution, stepped down “to pursue other interests” and will...
View ArticleMorrisons leads the way in selling Scottish lamb
Following a number of visits to major supermarkets in the past week, NFU Scotland came out yesterday calling for the major retailers to buy more Scottish lamb. This would, union chiefs claim, drive a...
View ArticleSainsbury’s pulls a Christmas cracker as it gains market share
SAINSBURY’S has emerged as the only one of Britain’s big four supermarket chains to grow market share in the run-up to Christmas, according to industry data.The UK’s third-largest grocer, which is...
View Article£12bn of loans to be offloaded
Banks are expected to dispose of around €15 billion (£12.2bn) worth of European commercial property loans, with Lloyds Banking Group expected to be among the biggest sellers for the second year...
View ArticleSamsung rings up fresh profit rise as sales soar
SAMSUNG is on course for its fifth straight quarter of record profits as consumers around the world snapped up its smartphones at the rate of almost 500 a minute.The South Korean electronics giant is...
View ArticleOlympic highlights are DVD best-seller
HIGHLIGHTS from the London 2012 Olympics have notched up a new record by becoming the best-selling sport DVD in the UK. The release features seven hours of footage from last summer’s Games, as well as...
View ArticleHoney advert claim ruled ‘misleading’
A CAMPAIGN for Rowse honey has been banned for making a “misleading” claim that it is a natural source of slow-release energy.The TV advert, which screened in April last year, made the claim while...
View ArticleTed Baker chairman steps aside after 11 years to focus on Snoozebox role
Ted Baker chairman Robert Breare has stepped down after more than 11 years at the helm of the designer label, which today unveiled a jump in sales as it outlined plans for further expansion in...
View ArticleAviva makes ‘good start to 2013’ with Delta Lloyd sale
Insurance giant Aviva has raised £353 million through the sale of its remaining 19.4 per cent stake in Dutch firm Delta Lloyd, just weeks after agreeing the $1.8 billion (£1.1bn) disposal of its US...
View ArticleScottish Business Briefing - Wednesday 9 January, 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. ECONOMICSAegon loses boss of IFA businessTHE...
View ArticleForth posts solid results despite sector downturn
FORTH Holdings – the Stirling-based construction, engineering and property services group owned by Duncan Fletcher and his family – grew its turnover and profits last year despite the difficulties in...
View ArticleComment: Sainsbury’s sure–footedness shining through
WE CAN infer two things from Sainsbury’s latest trading performance. First, the group is not immune from the cash-conscious consumer sentiment that has been a sustained headwind for the food retailing...
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