Horsemeat scandal will not affect us says Devro
DEVRO chief executive Peter Page yesterday swept aside any suggestion that the horsemeat scandal might affect demand for the Moodiesburn-based sausage skin maker’s products.Page said the vast majority...
View ArticleEdinburgh hotels suffer fall in occupancy rates
HOTELS across Edinburgh suffered a “worrying” drop in occupancy rates last year, according to a new report that shows the capital lagged behind rivals Aberdeen and Glasgow in the race to attract...
View ArticleUK tops list of CAP ‘villains’ with £96m fine
The United Kingdom was yesterday fined €112 million (£96.5m) by the European Commission for failing to adhere to the regulations surrounding the Common Agricultural Policy (CAP).The good news for...
View ArticleBusiness leaders up charity donations
ALMOST a third of business leaders have been motivated to give to charity because of the funding crisis many face amid a fall in public donations, a new study has revealed.A survey of philanthropists...
View ArticleLloyds Bank handles 1.4m complaints over PPI
Nearly 1.4 million complaints were made to Lloyds Banking Group during 2012 about payment protection insurance (PPI), new figures show.However, Lloyds said that it made “significant progress” in...
View ArticleScots market experiencing ‘rise in activity’
THERE are signs of increased activity in the property market in Scotland, according to estate agents Strutt & Parker.Edinburgh city sales team member Kirsten Stuart said: “In the first seven weeks...
View ArticleFriends are business spur according to report
THE next generation of business leaders are more likely to launch a company with a group of friends than be inspired by TV entrepreneurs, according to a new report.A survey of more than 1,000 young...
View ArticleCheap Easter egg beats top brands in taste test
A £5 SUPERMARKET Easter egg has beaten luxury rivals costing up to £70 in an annual taste test.The Chokablok American Dreamcake egg sold at Tesco scored 84/100 to take the title of Good Housekeeping...
View ArticleBritish Gas reveals profit rise after price hikes
THE owner of British Gas ran the gauntlet of public anger today as it revealed a £606 million profit haul at its residential arm months after hiking customer tariffs.Centrica said an 11% rise in...
View ArticleScottish Business Briefing - Wednesday 27 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. BANKINGJPMorgan plan to axe 19,000 jobs in...
View ArticleOil and gas production boosts Centrica’s profits
Profits at Centrica’s oil and gas production unit rose by a fifth last year, helping the owner of Scottish Gas to today post a 14 per cent rise in operating profits to £2.7 billion.The FTSE 100...
View ArticleMarkets: Petrofac sinks on deepwater scheme
Shares in oilfield services group Petrofac dropped more than 6 per cent yesterday as investors took fright at vague forecasts and plans to invest $1 billion (£660 million) in deepwater capability.The...
View ArticleWeir Group boss calls for faster entry to shale market
WEIR Group chief executive Keith Cochrane is calling for Britain to speed up its entry into the shale gas industry to help the country become more self-sufficient in meeting its power requirements.The...
View ArticleLibor fixers ‘like video game cheats’, says Turner
BANK traders who rigged the key Libor lending rate in one of Britain’s biggest banking scandals were branded by Britain’s outgoing financial regulator yesterday as acting like they were playing “a...
View ArticleNo early move on interest rates despite economic woes
BANK of England policymaker Charlie Bean yesterday played down the prospect of any early move to use so-called “negative interest rates” to help buoy the economy.On Tuesday, fellow deputy governor Paul...
View ArticleAmor secures Norway airports technology deal
SCOTTISH IT group Amor has signed one of its biggest aviation deals to date with an agreement to install its management technology across 45 Scandinavian airports.Norwegian operator Avinor will use...
View ArticleBusiness briefs: SCDI | John Lewis | Aldermore
BILL Drummond, managing partner of law firm Brodies, has been named chairman of the Scottish Council for Development and Industry. Brendan Dick, managing director of BT regions and director of BT...
View ArticleArran Brewery boss hits out at lack of grant support
ARRAN Brewery owner Gerald Michaluk has “slammed the brakes” on plans to expand on the island and open a bottling plant in Falkirk after enterprise minister Fergus Ewing rejected a £1 million grant...
View ArticleComment: Price versus profit is dialogue of the deaf
IT IS Centrica’s seeming fate in life to make decent headway in most of its operations here and abroad, only to remain a guaranteed lightning rod for public anger about what are seen as excessive price...
View Article£1 billion Esure flotation ‘in weeks’, says Wood
INSURANCE tycoon Peter Wood is targeting a £1 billion price tag after unveiling plans to float his Esure venture on the London Stock Exchange within weeks. The home and motor insurance group, which...
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