Tweed, not tweets, is true example of substance
IT IS reassuring to know that everything of value these days isn’t always something that can be tweeted or made by 3D printers.The Worshipful Company of Weavers goes back a long way – from before it...
View ArticleInvestors could be in line for special Standard Life divi
Analysts believe Standard Life may reveal plans to reward shareholders with a special dividend when the Edinburgh-based life and pensions giant publishes its full-year results this week.The City has...
View ArticleHigh street sales grow at fastest rate in 14 months
Sales grew at their fastest pace in more than a year last month as shoppers “burst onto the high street” following January’s heavy snowfall, according to figures published today.BDO said UK...
View ArticleDearth of finance hits manufacturers
Firms have ambitious plans for growth but are not investing enough amid continuing problems with accessing finance, according to a new report.A survey of 250 manufacturers by the EEF showed that nine...
View ArticleBusiness news in brief: Ledingham Chalmers | Versarien | Crossrail
Scottish law firm Ledingham Chalmers has promoted four of its solicitors to partner as it strenghtens its offering across a range of sectors.Malcolm Ferguson, John Mitchell, Sarah Morris and Tim...
View ArticleGilda calls for VAT cut as Peoples defies gloom
A CUT in the rate of VAT would re-energise British industry and provide consumers with a much-needed “feel-good factor”, a senior Scottish businessman said today.Brian Gilda, founder and chairman of...
View ArticleHSBC aims to leave mistakes in the past
Today’s annual results from HSBC may be overshadowed by a row over its bonus plans for chief executive Stuart Gulliver, who last year had to apologise for the bank’s “mistakes of the past” when it...
View ArticleBusiness interview: Nick Kuenssberg
CRISPLY casual in a checked button-down shirt and light blue denims, Nick Kuenssberg is at ease in the cluttered but comfortable office of his Kelvinside home.Sunlight through the bay window...
View ArticleCentral bank pressured to restart money printing
Bank of England policymakers will face pressure to unleash further emergency measures this week amid signs the UK is heading towards an unprecedented triple-dip recession.A surprise fall in...
View ArticleNon-executives’ pay increased by 6% last year
Non-executive chairmen at Britain’s biggest companies pocketed average pay rises of 6 per cent last year, outstripping overall wage growth and taking their earnings to almost £400,000.Pay analysis...
View ArticleEasyJet sets course for place in FTSE-100
The promotion of low-cost airline EasyJet to the FTSE-100 index is set to be confirmed this week after a record run for its share price.The carrier is now the London market’s 82nd-largest company and,...
View ArticleComment: Can junk rally take FTSE to record high?
According to a highly-regarded income fund manager, the FTSE-100 will hit a record high this year, topping the 6,900 peak of more than a decade ago. Gary Potter, co-manager of the Thames River...
View ArticleCBI: Flights to trade partners can give £1bn boost
Britain’s economy would get a £1 billion-a-year trade boost if there was just one extra flight a day to the eight fastest-growing world destinations, the CBI said today.The employers’ organisation...
View ArticleMcCarthy & Stone linked with private equity takeover bid
Retirement homes developer McCarthy & Stone has become a £500 million bid target for one of Saga’s private equity backers.CVC was yesterday reported to be working on the potential approach with...
View ArticleScottish business failure rate halves
The number of companies going bust across Scotland fell by half in January, according to figures published today by credit reference agency Experian.The firm said there was a total of 41 Scottish...
View ArticleBPI upbeat after improved profits haul
Plastics manufacturer British Polythene Industries (BPI) said an improvement in its UK business helped it grow profits last year and said it expects to keep growing “in 2014 and beyond”.The...
View ArticleDrilling starts on Faroe’s Arctic prospect
Aberdeen-based driller Faroe Petroleum said today that work has started on its latest exploration well in the Arctic.The group said drilling has started on the Darwin exploration well in the Barents...
View ArticleAMEC awarded £68 million Clair Ridge hook up contract
Engineer AMEC has won the contract to provide hook up and commissioning services for two new oil platforms at BPs huge Clair Ridge development West of Shetland.The work, which is scheduled to run until...
View ArticleEnergy sector boosted testing firm Intertek
Industrial services firm Intertek, which appointed Scottish Enterprise boss Lena Wilson as a non-executive director in July, reported better-than-expected profits this morning.The group, which...
View ArticleScottish Business Briefing - Monday 4 March, 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. ECONOMICSScottish business failure rate...
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