Law firm DLA Piper to close Glasgow office
LAW firm DLA Piper has confirmed it is to close its Glasgow office within weeks with the loss of 45 jobs. A further 30 staff at the office along with the ten partners are expected to transfer to the...
View ArticleOn board: Rolls fits record-breaking engine to carrier
Rolls-Royce has completed the fitting of the world’s most powerful marine gas turbine engine.The unit, which can generate some 50,000 horsepower, has been installed in the Royal Navy’s new aircraft...
View ArticleComment: Investors decide to buy now while stocks last
THERE was little real surprise in the poor GDP numbers for the final three months of 2012 – except for those who took a punt on Thursday on the back of false rumours national income had risen.True, if...
View ArticleSenior calls for overseas growth as first female chairman at SCC
THE new chairwoman of one of Scotland’s largest business organisations has called on members to expand their international reach in the hunt for economic recovery.Scottish Chambers of Commerce (SCC)...
View ArticleGeithner rules out US Fed role
Timothy Geithner, who yesterday stepped down as Barack Obama’s treasury secretary, has ruled himself out of the running to take the helm at the US Federal Reserve.The former Federal Reserve Bank of New...
View ArticleBacking for fertility firm
Envestors, the growth capital business owned by Perth-based Braveheart Investment, has taken part in a £1.2 million equity fundraising for a fertility company.A number of members of Envestors, which...
View ArticleCity firms mull bid for RBS assets
a NUMBER of financial institutions are believed to be exploring a move for more than 300 bank branches which Royal Bank of Scotland (RBS) is selling.Schroders and Threadneedle Investments are said to...
View ArticleLending up as Airdrie shrugs off financial sector woes
Airdrie Savings Bank (ASB) has overcome the tough financial backdrop to increase its lending and deposits, though charges for bad debts have risen sharply.The mutual, which was founded in 1835 and is...
View ArticleWeak pound and a shrinking economy put UK’s rating at risk
Britain looks odds-on to lose its coveted AAA credit rating following confirmation that the economy shrank by more than expected at the end of last year, say analysts.Although the London market...
View ArticleBusiness news in brief: Eco City | Kleenex | P&G | V
Taxi supplier Eco City Vehicles has predicted sharply lower full-year losses following a jump in sales of its converted Mercedes people carriers.The group said it sold 561 Mercedes Vito taxis during...
View Article‘Big six’ back energy loans, but sceptics’ chorus gets louder
THE “big six” energy companies yesterday threw their weight behind the UK government’s Green Deal programme, which will offer loans to households to install boilers and insulation.Energy secretary Ed...
View ArticleMarkets: TUI rally takes FTSE a little farther
Shares in tour operator TUI Travel staged a robust recovery yesterday following recent disappointment that its German parent had abandoned plans for a merger.The First Choice and Thomson owner topped...
View ArticleAgronomist maps the battleground for barley crop
Such is the scrabble for spring barley seed that some farmers may incorrectly assume that the quality of all seed is the same.Eric Anderson, of Scottish Agronomy, said this week the background to the...
View ArticleMore Scots saving for a rainy day
SCOTTISH families are defying a squeeze on incomes by cutting back on luxury spending and saving more money each month.The average household is putting aside more rainy day cash than ever before, at...
View ArticleScottish Widows funds dubbed ‘dogs’ in new research
PRIVATE investors and pension savers have £23 billion sitting in funds that consistently under-perform, with Scottish Widows the biggest culprit, according to a report out today.The latest Spot the Dog...
View ArticleRising house rents spark fears of price bubble
SOARING rental costs are creating the conditions for a price bubble that could leave more Scots without access to affordable accommodation, it has been claimed.Rising demand has pushed rental prices...
View ArticleUnregulated pension warning for investors
PENSION investors are at growing risk of being mis-sold into unregulated funds that could leave them with heavy losses or even wipe out their savings altogether.The City regulator has been forced to...
View ArticleExpert view: Ucis plans only for experienced
WE have come across self-invested personal pension (Sipp) plans where we have been somewhat perplexed by the IFA’s choice of underlying investment within the Sipp.Thankfully, this is now attracting the...
View ArticleCash Q&A: Life insurance and families
I TOOK out life insurance about six years ago, but I now have more children and I suspect that the level of cover is well below what my family would need in the event of my death.What should I do about...
View ArticleInvestment club: FTSE is great hope for new year
NO sooner had the ink dried on last month’s Investment Club report, in which we expressed no confidence in the Chancellor, than the gilts market dropped precipitously.While the club backed out of gilts...
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