Markets: Bunzl stands out as FTSE edges ahead
Packaging distributor Bunzl was one of the biggest blue-chip risers yesterday after completing three acquisitions and promising more to come.The shares added 3.4 per cent to 1,049p as brokers praised...
View ArticleImproved range helps bionics firm touch £10m in 2012 sales
THE launch of high tech artificial limbs helped Touch Bionics grow revenues by 17 per cent last year, passing the £10 million sales mark for the first time.The Livingston-based company, which was spun...
View ArticleIthaca to pump $360m into North Sea projects after output increases
Oil and gas producer Ithaca Energy has unveiled plans to invest $360 million (£224.6m) on developing its North Sea assets this year as it reported a 31 per cent jump in quarterly output.The...
View Article£100m turnover for EnerMech
Engineering services company EnerMech has seen turnover double to more than £100 million as it continues its global expansion.The group’s Aberdeen-based UK subsidiary also saw pre-tax losses reduce...
View ArticleTrinity Mirror in talks to sell stake in Sunday newspaper
A CONSORTIUM headed by former Sunday Express editor Sue Douglas is in talks with Trinity Mirror over the possible acquisition of a majority stake in its Sunday People tabloid.The publisher, which also...
View ArticleCentral bank to hold its nerve as inflation fears outweight risks
Bank of England officials are likely to sit on their hands in the near term, say experts, despite fears that the economy is sliding towards another recession.The “wait and see” stance was forecast...
View ArticleFewer dairy farmers but herd sizes at record high
The number of milk producers in Scotland has continued to fall with just 1,011 still in the business at the beginning of January this year, a loss of 16 producers over the past 12 months and a tenfold...
View ArticleSolid sales of new handsets lift Nokia and take the pressure off boss Elop
Nokia said strong sales of Lumia smartphones helped its mobile phone business achieve underlying profitability in the fourth quarter, raising hopes the struggling handset maker may be past the...
View ArticleProfits collapse at Scotland’s 500 top firms
THE combined profits of Scotland’s 500 largest companies dropped dramatically last year as they felt the chill wind of recession, research published yesterdayhas shown.Total pre-tax profits tumbled by...
View ArticleCosalt may sell offshore division
MARINE services group Cosalt yesterday confirmed it was in talks over the sale of its Aberdeen-based offshore division but warned that shareholders were unlikely to get any return from a deal.The...
View ArticleBusiness briefs: Parkmead investors back £20m funding | Liquidator eyes sale...
Shareholders in Parkmead have approved the oil explorer’s plans to raise almost £20 million to accelerate its growth in the North Sea and seek out acquisition opportunities.Executive chairman Tom...
View ArticleGoals to focus on tackling debt pile as it puts expansion plans on hold
Five-a-side football pitch operator Goals Soccer Centres has shelved plans to expand its estate this year as it concentrates on reducing its debt pile.The East Kilbride-based firm, which last year saw...
View ArticleJD Soprts says Blacks still in the red
Retailer JD Sports Fashion said its acquisition of ailing outdoor chain Blacks pushed last year’s profits to the lower end of City forecasts.The firm bought Blacks out of administration a year ago but...
View ArticlePhilip Clarke admits ‘still more to do’ after Tesco returns to growth
SUPERMARKET giant Tesco posted its strongest sales growth in three years today, helping to defuse the extended fallout from its first profits warning in 20 years last January.That warning sparked a £1...
View ArticleScottish stores maintain double-digit sales growth at John Lewis
Department store group John Lewis today said its three Scottish branches enjoyed double-digit increases in sales last week as its post-Christmas clearance got underway.The employee-owned retailer...
View ArticleOfcom hands Edinburgh and Glasgow digital licences to STV
Broadcasting regulator Ofcom has awarded Scottish media group STV licences to run digital terrestrial television (DTT) channels in Glasgow and Edinburgh for up to 12 years.STV teamed up with Edinburgh...
View ArticleSlump in jewellery customers hits Theo Fennell
Theo Fennell, the luxury jeweller, today warned that its annual results would fall short of forecasts after fewer shoppers visited its stores.The retailer, whose customers have included Victoria...
View ArticleHonda to cut 800 jobs in Swindon
Japanese car giant Honda is to cut almost 25 per cent of jobs at its UK factory after a slump in demand across Europe.Workers at the firm’s plant in Swindon, which employs 3,500 people, were told the...
View ArticleScottish Business Briefing - Friday 11 January, 2013
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. MEDIA & LEISUREGoals to focus on tackling...
View ArticleIT firm Onyx mulls third data centre in Scotland as competition intensifies
COMPETITION in Scotland’s IT sector is hotting up as Teesside-based Onyx Group unveils a £500,000 investment to expand its data centre in Edinburgh and mulls the opening of a third site north of the...
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