South–west hits out over poor rail links
The government has been accused of ignoring the south-west of England as part of its high-speed rail link investment.Rail users groups in the region said transport links with London are much-maligned...
View ArticleRBS’ Stephen Hester to get bonus despite libor row
THE BOSS of the taxpayer-funded Royal Bank of Scotland (RBS) will be paid a bonus of almost £800,000 just days after his bank was fined £391 million for rate-rigging.• Bank had pledged to claw back...
View ArticleComment: Times have changed, but the union’s mission has not
As I ENTERED the room, the discussion was already well under way. I looked round the room and it felt ever so slightly spooky.Some of the men I knew, but others I recognised only from grainy...
View ArticleWood Group wins Norwegian platform contract
Aberdeen-based energy services firm Wood Group has won an engineering contract for an offshore platform in the Norwegian sector of the North Sea.The group’s Houston-based Mustang subsidiary will design...
View ArticleBAE unveils apprenticeship recruitment drive
Defence giant BAE Systems has announced plans to recruit almost 400 engineering and business apprentices this year, the highest intake since 2008.Around one in ten of the recruits will join the firm’s...
View ArticleProfits jump 17% at tram project firm
German construction group Bilfinger, part of the consortium behind Edinburgh’s troubled £776 million tram project, has reported a rise in profits for 2012 and predicted further growth for the coming...
View ArticleTech firm to raise £13m as it gears up for flotation
Digital Globe Services (DGS), an American technology company that has a Scots-born finance director, is seeking to raise £13.1 million by floating on the Alternative Investment Market (Aim) this...
View ArticleScottish Business Briefing - Monday 11 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. BANKINGRules on handling risk aim to avoid...
View ArticleMarkets: Cupid attracts Aim bargain hunters
Investors fell back in love with dating website firm Cupid yesterday as analysts highlighted recent share price weakness as a buying opportunity.INVESTORS fell back in love with dating website firm...
View ArticleComment: Why we need a close watch on the watchdogs
THE blame game over who was responsible for the banking crisis has claimed some notable scalps, but there are still those who have remained under the radar of public criticism.It emerged yesterday that...
View ArticleThistle Pubs company put up for sale
A SCOTTISH pub company which operates seven outlets across central Scotland has put itself up for sale.The Thistle Pubs Company III was set up in 2006 under the Enterprise Investment Scheme (EIS) which...
View ArticleArcher lands industry first with oil well capping for Statoil
ARCHER, the Aberdeen-based oilfield services group, has claimed a first for the industry by using a modular rig to plug and abandon 12 gas wells for Norwegian firm Statoil.Work on the three-year deal...
View ArticleRBS Libor fall-guy tells MPs ‘Do not waste my death’
THE Royal Bank of Scotland executive who fell on his sword for the Libor- rigging scandal pleaded yesterday for the company to clean up its act so that his gesture is not futile.John Hourican, who is...
View ArticleWatchdog investigating $11billion Autonomy-HP merger
THE Financial Reporting Council (FRC) watchdog is investigating accounts for software firm Autonomy in the run up to its takeover by Hewlett-Packard (HP).The $11 billion (£7bn) deal has since led to...
View ArticleOil producer EnQuest secures £145m in bond issue
ENQUEST, the largest independent producer in the North Sea, has raised £145 million from investors after becoming the first oil and gas company to issue a retail bond.Chief executive Amjad Bseisu said...
View ArticleBusiness news in brief: Glasgow Airport | JP Morgan
Travel disruption caused by snow and poor visibility at other airports has been blamed for a fall in passenger numbers at Glasgow airport last month.Parent company Heathrow, formerly BAA, said the...
View ArticleProserv grabs brace of North Sea deals
OIL and gas technology firm Proserv has picked up two deals worth more than £15 million to install communication and control systems in the North Sea.The Aberdeenshire company, which last month secured...
View ArticleScots red meat industry ‘can’t afford complacency’
Scottish farmers were yesterday told they should not rest on their laurels, believing that, with farm assurance schemes in operation, they were immune to future food scares.SCOTTISH farmers were...
View ArticleUK minister hints at softening of line on production support
In ORDER to protect the economically important Scottish livestock sector, farming leaders have been calling for future support to be coupled to actual production in the economically fragile areas of...
View ArticleExpanded Dunelm hikes its dividend
Retailer Dunelm increased its interim dividend today after its ten new superstores helped profits jump 14.5 per cent in the second half of last year.Although like-for-like sales were up just 2.2 per...
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