Craig Group nets £13m BP contract while Babcock builds sub-sea gear
OIL major BP has awarded a procurement contract worth £13 million a year to Aberdeen-based Craig International Supplies (CIS).Under the three-year deal, CIS – which is part of global shipping and...
View ArticleAnalysts mull ‘speculative’ JD Sports bid
WEAK trading at outdoor clothing retailer Blacks has left parent group JD Sports open to a “speculative” bid from majority shareholder Pentland Group, according to two keenly followed City...
View ArticleStandard Life piles pressure on Bolland over poor M&S trading
FURTHER pressure was heaped on embattled Marks & Spencer (M&S) boss Marc Bolland yesterday by a top Scottish fund manager in the wake of the bellwether retailer’s recent disappointing festive...
View ArticleChocolate ‘will lead spending recovery’
SALES of chocolate and snack foods will feed growth in consumer spending in the coming years, a report predicts.The Economist Intelligence Unit and Mintel detected signs of “recession fatigue”, saying...
View ArticleTayburn toasts new contracts
BRANDING agency Tayburn secured a series of contracts worth more than £200,000 during the final three months of 2012, netting work from Foster’s lager and publisher Pearson.Managing director Simon...
View ArticleGreen bank funds help secure £750m ‘energy from waste’ deal
WASTE group Shanks yesterday struck a £750 million deal for a recycling and energy project for a local council, one of the first major schemes to be backed by the Green Investment Bank (GIB).Under the...
View ArticleEC concerns kill off UPS bid for TNT
Parcel delivery firms TNT Express and UPS have abandoned their €5.2 billion (£4.3bn) merger after it become clear that European regulators would block the move.Atlanta-based UPS wanted to buy TNT...
View ArticleBusiness news in brief: Samsung | Snoozebox | Superglass | Moss Bros | Devro
Electronics giant Samsung said yesterday that global sales of its Galaxy S smartphone series have passed 100 million since the first model was launched less than three years ago.The South Korean firm...
View ArticleVW sales on the Up: Carmaker cheers record result
Volkswagen enjoyed record sales last year as buoyant markets in Asia and North America more than offset sluggish demand closer to home.The German carmaker, whose models include the Golf and the Up,...
View ArticleGale takes on non-exec chairmanship at Defaqto
PATRICK Gale, who last week stepped down as head of Aegon’s independent financial advice business, has been appointed non-executive chairman of financial research company Defaqto. He succeeds Rupert...
View ArticleJeff Salway: Most will benefit, but millions set to lose out
The government’s state pension reforms will, for millions of people, mean working longer in return for less money.The plans aim to simplify the pension system by guaranteeing a flat-rate pension for...
View ArticleFarming: Union uses land reform review to urge caution
THE Land Reform Review Group (LRRG) set up by the Scottish Government to look at land management issues has been urged by NFU Scotland to make agriculture and food production central to its...
View ArticleFarming: Müller claims £17m dairy boost
SCOTTISH dairy farmers are set to benefit from a £17 million investment in what will become Britain’s largest butter plant, announced yesterday by German dairy giant, Müller.The company’s chief...
View ArticleWrapped up: Festive success at Burberry
STRONG Christmas sales of scarves, men’s tailoring and accessories helped Burberry beat City expectations with a 9 per cent jump in revenues in the final quarter of last year.Sales of £613 million mark...
View ArticleScottish Business Briefing - Tuesday 15 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. ENERGY & UTILITIESCormorant first oil...
View ArticleDirect Line hands IT contract to Capgemini
Insurance group Direct Line has awarded French technology services company Capgemini a five-year contract to provide and run its new IT infrastructure.The contract involves migrating Direct Line’s...
View ArticleRevenues rising at Energy Assets following Gazprom deal
GAS METER specialist Energy Assets has insisted that the outlook for the year ahead remains “positive” after reporting an uplift in revenues since the start of the second half.The Livingston-based...
View ArticleHalfords to sell Wiggins’ Tour-winning Pinarello bike in new profits drive
HALFORDS is to stock the bicycle brand that Sir Bradley Wiggins rode to victory in last year’s Tour de France and at the London Olympic Games.The Pinarello, already available at other chains, will be...
View ArticleMarkets: Footsie closes with meagre gain
London’s blue-chip share index struggled to make headway yesterday as markets trod water ahead of profits updates from a raft of Wall Street giants.The FTSE 100 index – which hit its highest level for...
View ArticleRBS in fresh talks over disposal of Indian retail arm
Royal Bank of Scotland (RBS) is in talks over the sale of its retail and commercial banking operations in India, after a previous deal to sell the business to HSBC collapsed last year.The state-backed...
View Article