New AstraZeneca chief ‘clears the decks’ at medicine maker
AstraZeneca’s new chief executive stamped his authority on the drug maker yesterday by removing the heads of research and commercial operations in a management revamp designed to speed...
View ArticleSellers take a £5,000 hit on Scottish house prices
The average house price has fallen by more than £5,000 in the past year, according to a market index.Property prices stood at £141,918 in November, down 0.2 per cent on the previous month and down 3.8...
View ArticleComment: HMV loads more problems on the high street
THERE were warnings before Christmas that as many as 140 retailers were in danger of collapse this year, but few expected such an avalanche before the first month was out.HMV’s demise so soon after...
View ArticleFurther job cuts at Standard Life
Standard Life has unveiled plans to cut a further 38 posts in Edinburgh, less than two months after announcing the capital would bear the brunt of 139 job losses as part of a restructuring of its UK...
View ArticleRepair firm’s ‘significant’ overseas deal
GADGET repairer Regenersis has won a “very significant” contract that will extend its operations in fast-growing emerging markets.The Aim-quoted firm said the details of the “multi-geography,...
View ArticleBusiness news in brief: Johnston Press | Scottish Enterprise | Interbulk |...
ANDREW Richardson, the managing director of Johnston Press’ Scottish operations, has left the company, it was announced yesterday.Richardson joined the group – which publishes newspapers including The...
View ArticleAdams lands chief executive’s job at Loganair while Harrison pilots board
SCOTTISH carrier Loganair will today name former BMI Regional managing director Stewart Adams as its next chief executive after a boardroom reshuffle.Adams will succeed incumbent David Harrison, who is...
View ArticleCuts threaten construction sector with skill shortages time-bomb
CUTS in public spending and the ongoing eurozone crisis will lead to thousands of fresh job losses across Scotland’s construction sector over the next four years, according to a report that warns of a...
View ArticlePlexus secures Glencore work
COMMODITIES giant Glencore has chosen Aberdeen-based engineering firm Plexus to supply wellhead equipment for its oil exploration work in Cameroon.Aim-quoted Plexus yesterday said that the £700,000...
View ArticleChristmas Eve present for Co-op
Mutual retailer Co-operative Group has reported “encouraging” trading at its food stores over the festive season, despite facing the toughest trading environment for 40 years.The firm, which has almost...
View ArticlePrinting jobs saved in Montgomery buy-out
The Glasgow business of Montgomery Litho, which fell into provisional liquidation at the weekend, has been acquired in a management buy-out that has saved 76 jobs.The trading businesses MLG Glasgow,...
View ArticleTesco and Sainsbury’s in dead heat for Christmas growth, says Kantar
TESCO and Sainsbury’s, the biggest and third-biggest supermarket chains in the UK, ran a dead heat in the battle for festive sales growth, according to new market data unveiled yesterday.The pair both...
View ArticleConsumer bruised yet again as inflation outstrips wage rises
Hopes for the economic recovery were dealt a blow yesterday with news that inflation continued to outstrip wage growth in December, putting a further squeeze on already hard-pressed consumers.The...
View ArticleFarming: Grain producers urged to take the long view
WHILE grain growers were caught out last year after selling forward a percentage of their crop, a leading marketing economist has advised that some of the 2013 crop should still be sold – provided the...
View ArticleFarming: Sheep fluke threat ‘frightening’
FACED with what experienced veterinarians are describing as “frightening” levels of liver fluke in sheep, farmers have been urged to step up their husbandry to deal with a parasite which can and does...
View ArticleStrong trading boosts profit forecasts at SMS
Power meter supplier Smart Metering Systems (SMS) today said its annual results are poised to beat City forecasts following a strong trading performance.In a trading update, the Glasgow-based firm said...
View ArticleNorwegian licence boost for Faroe
Oil and gas firm Faroe Petroleum has been awarded eight exploration licences in Norway, including two covering a “very active” area in the northern North Sea.The Aberdeen-based company said it will act...
View ArticleBarr sets new timetable for Britvic merger
Irn-Bru maker AG Barr expects to complete its merger with Britvic on 26 February, almost a month behind the orginal deadline.The all-share merger, which will create one of Europe’s largest soft drinks...
View ArticleScottish Business Briefing - Wednesday 16 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. BANKINGRBS in fresh talks over disposal of...
View ArticleMarkets: Goldman profits give Footsie a boost
LONDON’S Footsie index scraped through the 6,100 barrier after better-than-expected profit figures from Goldman Sachs and JP Morgan triggered a partial late-afternoon recovery.Stocks had been under...
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