Regional airports see increase in passenger numbers
PASSENGER numbers increased at regional airports last year despite the tough economic conditions, according to new figures.Hial, which runs 11 airports across Scotland, handled 1,283,362 passengers, up...
View ArticleGames Workshop chief steps down after unveiling 16.8% jump in profits
MARK Wells, chief executive of Games Workshop, is standing down after five years of “outstanding service” at the fantasy war games retailer.The firm, which has more than 300 stores and generates about...
View ArticleBovis on track to beat market forecasts as house prices rise 5%
THERE were more signs of the returning health of the housing market yesterday after Bovis Homes increased its profit hopes amid improved sales.The group said it had seen a 15 per cent jump in...
View ArticleBusiness news in brief: Troy Income & Growth Trust | Welcome Break | Bridge...
JANN Brown, chief financial officer at Edinburgh-based Cairn Energy, has joined the board of Troy Income & Growth Trust as a non-executive director.Troy chairman Ronnie Hanna – who also chairs...
View ArticleA third of small firms say Britain should quit ‘high cost’ Europe, says new...
ALMOST a third of Scottish business owners believe the UK should pull out of Europe amid concerns over rising costs and fears that struggling countries will drag others down with them, according to a...
View ArticleMorrisons expands non-food web presence in venture with Lakeland
MORRISONS, the only one of the UK’s “big four” supermarket chains not to sell food over the internet, is to launch an online venture with kitchenwares retailer Lakeland.Under the deal, Lakeland’s...
View ArticleCastle to set the dog on speed record
VENERABLE manufacturing company Castle Precision Engineering is building the wheels for Bloodhound, the British car trying to break the world land speed record by driving at more than 1,000 miles per...
View ArticleMorgan Stanley back in black
Morgan Stanley has bounced into profit on a surge in equity sales and trading as well as strong margins at its wealth management business.The US investment bank yesterday reported income from...
View ArticleSurprise drop in retail sales volumes puts economy in danger zone
CONCERNS are mounting that the UK economy contracted at the end of last year, after official figures showed a surprise drop in sales volumes in December.Consumer spending, which accounts for some...
View ArticleFSA proposals for compensation shake-up incur mutuals’ wrath
BUILDING societies have attacked plans by the Financial Services Authority (FSA) to force them to help foot the bill for customer compensation if other financial organisations go bust.In its original...
View ArticleRBS investment bank may shrink
Royal Bank of Scotland may have to further shrink its investment bank should an investigation into interest rate rigging show cultural failings persist in the business, according to sources.The bank is...
View ArticleChina back to growth path as exports lead recovery
CHINA’S ECONOMY grew at its slowest pace in 13 years in 2012, though a year-end spurt supported by infrastructure spending and a jump in trade indicated that the stable growth path Beijing says is...
View ArticleSumburgh boosts HIAL passenger numbers
PASSENGER numbers increased at Scotland’s regional airports last year despite the tough economic conditions, according to new figures.Highlands & Islands Airports Limited (HIAL), which runs 11...
View ArticleBank of England’s latest arrival strikes hawkish tone on inflation
THE Bank of England’s newest policymaker has warned that inflationary pressures are building up in the economy as pay rises that have been postponed in the lean years return with a vengeance.Former CBI...
View ArticleGame among 50 retailers interested in failed HMV chain
RETAILER Game has confirmed it is among 50 potential suitors circling collapsed music entertainment chain HMV.Game, which was bought out of administration itself last April, has approached HMV...
View ArticleComment: Consumer in no shape to lead us out of trouble
THE December retail figures show that Santa gave the British high street a miss at Christmas.UK sales volumes fell during the month. There was a modest annual rise in 2012 of 0.3 per cent, but that’s...
View ArticleVirgin Money in £1bn credit card deal with MBNA
SIR Richard Branson’s Virgin Money is launching its own credit card business after striking a £1 billion deal with MBNA.The Edinburgh-based group, which has partnered with MBNA since 2002 to provide...
View ArticleCall for ‘cautionary’ insecticide ban
THE publication earlier this week of a report by the European Food Safety Authority (EFSA) listing potential dangers to bees through the use of one of the most popular seed treatments has created a...
View ArticleTenants suggest agency for abandoned land
A SUGGESTION that an agency be set up to deal with areas where land has been abandoned has been put forward by the Scottish Tenant Farmers Association (STFA).In its submission to the Scottish...
View ArticleMarkets: Miners help dig FTSE out of a hole
London’s heavyweight miners ensured the UK market outperformed yesterday, as solid Chinese growth figures promised demand for commodities will remain high.The FTSE-100 shrugged off domestic and...
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