Research grants clear way for new berries
Two research grants totalling £1 million were announced yesterday to help bring forward the next generation of raspberry varieties and to develop lowbush blueberrys as a new crop for high quality juice...
View ArticlePinnacle receives £2.7m investment
TELECOMS specialist Pinnacle Technology has completed its largest-ever fundraising as it seeks to grow revenues by selling more of its services to its existing 3,000 customers.The Aim-quoted firm has...
View ArticleAer Lingus insists it can fly solo as profits surge
Irish airline Aer Lingus, which is the subject of a €694 million (£600m) approach from budget rival Ryanair, has insisted it can survive on its own after unveiling a jump in full-year profits.Ryanair...
View ArticleScottish Business Briefing - Wednesday 6 February, 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 & UTILITIESSSE sells wind farms...
View ArticleRichard Branson backs Liberty’s £15bn Virgin Media swoop
Sir Richard Branson has welcomed Virgin Media’s $23.3 billion (£14.9bn) takeover by US cable giant Liberty Global, describing the deal as “good news for the company, its customers and our people”.The...
View ArticleWind farm fund plans IPO after buying SSE sites
ENERGY giant SSE is selling off a portfolio of wind farms to a UK government-backed infrastructure fund that will offer shares with an inflation-linked dividend.Greencoat UK Wind aims to raise £205...
View ArticleSqueezed margins take shine off Wolfson’s Q4 sales spurt
WARNINGS of lower margins sounded a sour note amid bumper sales figures from audio chip-maker Wolfson Microelectronics today, driving shares lower despite its return to profit.The booming popularity of...
View ArticleLife science jobs on the increase
FIGURES released today by the Scottish Government are expected to show an 18 per cent jump in the number of people directly employed in life sciences.Some 17,300 staff were working for life science...
View ArticleSaltire Taverns falls into the red
PUB tycoon Billy Lowe predicts a strong rebound into profitability for Saltire Taverns following a year of disruption as he changed his group’s portfolio.Accounts filed at Companies House show a...
View ArticleScots car sales forecast to accelerate
Scotland’s car dealers have enjoyed a strong start to the year, with figures showing sales north of the Border outpaced the UK as a whole last month.The Scottish Motor Trade Association (SMTA) said a...
View ArticleMarkets: Asset managers give Footsie a boost
Financial adviser Hargreaves Lansdown saw its shares jump 11 per cent yesterday as it hailed record half-year results and assets under its management topped £30 billion.Its stock was up 82.5p at 817p...
View ArticleBusiness briefs: Hunter’s ‘chicks’ to get free PwC advice | Flexitricity |...
AccountanCY firm PwC is to offer free advice as part of a sponsorship package with Sir Tom Hunter’s Entrepreneurial Spark business incubator and accelerator programme.The “big four” firm will support...
View ArticleUrquhart lands director role on Edinburgh airport board
EDINBURGH airport has recruited senior lawyer Linda Urquhart to join its board as a non-executive director. Urquhart, who is chairwoman of law firm Morton Fraser, adds the job to a string of other...
View ArticleAdvertising falls at Daily Mail but events take off
A STRONG performance by its business-to-business arm has offset revenue and advertising declines at Daily Mail & General Trust’s (DMGT) consumer operation, home to national titles the Daily Mail...
View ArticleLucozade and Ribena up for sale as Glaxo’s drugs business loses its fizz
DRUGS giant GlaxoSmithKline is considering selling iconic drink brands Lucozade and Ribena “to ensure their continued growth” after a drop in sales at its core drugs business.The pharmaceuticals firm...
View ArticleComment: Paying Libor fine with bonuses gives RBS dignity
I JUST love the idea that Royal Bank of Scotland’s rather capacious band of bad-apple traders were literally sat right next to the Libor-rate submitters to allow their scam to go on. Work is always...
View ArticleNigel Miller hails ‘constructive’ first talks with minister
National Farming Union of Scotland leaders emerged last night in a positive mood after their first face-to-face meeting with David Heath MP, the UK government minister of state for agriculture and...
View ArticleBridge sitting on more oil than expected
Bridge Energy, the Aberdeen-based driller, cheered investors yesterday with news that one of its wells in the Norwegian North Sea could hold four times as much oil as had previously been thought. The...
View ArticleNAB says Clydesdale earnings are on the mend
Clydesdale Bank parent company National Australia Bank (NAB) today said earnings at its UK arm, which slumped to its first annual loss last year, were improving following a drop in bad debts.NAB chief...
View ArticleSuperdry owner enjoys festive sales boost
Clothing retailer SuperGroup, owner of the Superdry fashion label, today said it was on track to meet full-year trading expectations following a jump in sales over Christmas.The firm said like-for-like...
View Article