AAM to slow emerging markets growth as figures beat forecasts
FUND manager Aberdeen Asset Management (AAM) is aiming to slow the amount of cash investors are placing into emerging markets after enjoying a better-than-expected rise in first-quarter new business....
View ArticleFarming: Ruminant gas not as bad as once thought
Less than a decade ago, fingers were being pointed at sheep and cattle, accusing these ruminants of being major contributors to environment-damaging carbon dioxide emissions.This week SAC sheep and...
View ArticleMerson signs CGL takeover deal after raising capital
MERSON Signs, which supplied signage for last year’s London Olympics, has bought fellow East Kilbride-based firm CGL Systems for £1 million, after raising funds from HSBC, the Scottish Loan Fund and...
View ArticleBusiness news in brief: Lloyds | FSA | Citigroup | Bank of America |...
Edinburgh Airport has completed its senior management team with the appointment of John Watson as its chief commercial officer.The former Lloyds Banking Group director joins the airport this month and...
View ArticlePrimark’s takings soar by a quarter
Fashion chain Primark showed rivals a clean pair of heels this Christmas as cash-strapped shoppers stocked up on budget trends.Demand for Christmas jumpers and the popularity of all-in-one pyjamas,...
View ArticleBoom year for oil and gas sector shines bright ray of light on 2013
HIGH oil prices and the introduction of North Sea tax breaks led to bumper investment in UK waters last year, fuelling hopes of a strong 2013 for the industry.An annual review published today by...
View ArticleRio Tinto takes big hit as chief executive resigns
MINING heavyweight Rio Tinto has parted company with its chief executive following revelations that it will take a $14 billion (£8.7bn) hit on acquisitions that have gone sour.Tom Albanese stepped down...
View ArticleWatchdog puts pensions market under scrutiny
competition authorities have launched an investigation into the pensions market ahead of an expected surge in contributions to workplace savings schemes.The Office of Fair Trading (OFT) will spend six...
View ArticlePerfume Shop scents success
A REVAMPED online service catering for customers shopping on their phones helped The Perfume Shop enjoy a lift in sales.The UK’s largest specialist fragrance retailer reported a 2.4 per cent uplift in...
View ArticleFarming: Union walks tightrope over tenancies and reform
The National Farmers Union of Scotland this week admitted that when dealing with tenancy issues and land reform it walked a tightrope between the disparate views of its membership.Union president Nigel...
View ArticleComment: You can’t put online retail genie back in bottle
A DIGITAL dystopia is one way of looking at the wave of recent retailing failures. Through this pessimistic prism, the high street is being destroyed by the malign advance of online sales.Such...
View ArticleVirgin Media adds 60 Bellshill jobs
VIRGIN Media yesterday unveiled plans to create 60 jobs at its call centre in Bellshill to cope with demand for its broadband and TiVo television services.The company already employs about 750 staff at...
View ArticleMothercare defiant after store cuts leave it nursing a fall in UK figures
The boss of baby products and clothing retailer Mothercare yesterday insisted its turnaround plan was on track despite struggling to attract Christmas shoppers.The group – which launched a clothing...
View ArticleHeight of fashion: Asos sitting pretty as growth rockets
Online fashion house Asos kept up its stellar growth over Christmas with a 41 per cent jump in December sales.Chief executive Nick Robertson said a better-than-expected 34 per cent rise in UK sales was...
View ArticleLomond Homes in administration
Housebuilder Lomond Homes fell into administration last night after Fife Council demanded £500,000 in outstanding payments. Graham Frost of accountancy firm PwC said Lomond had no employees and had...
View ArticleWeak demand from Europe fails to put the brakes on UK’s car industry
Europe’s economic woes have failed to dent the British motor industry, with car production hitting a four-year high, according to new figures.Yesterday’s report from the Society of Motor Manufacturers...
View ArticleMarkets: IAG helps push market to fresh high
British Airways owner IAG flew to the top of the FTSE 100 risers’ board yesterday on reports that it had reached an agreement in a long-running dispute with Spanish unions.The shares were 4.3 per cent...
View ArticleJohn Lewis ends Christmas clearance on a high note
Department store group John Lewis has enjoyed a “cracking finale” to its post-Christmas clearance, with sales up 19 per cent year-on-year.The employee-owned retailer racked up sales of £75.8 million in...
View ArticleScottish Business Briefing - Friday 18 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. BANKINGAAM to slow emerging markets growth as...
View ArticlePrimark plan to open stores in France as takings soar
FASHION chain Primark have revealed that they are interested in opening stores in France.It has been reported that the trial stores could be located across Paris, the city which is known for fashion...
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