Business briefs: Kilchoman | Barrhead | Wolfson Micro | I-Design
ONE of Scotland’s smallest distilleries has secured a £45,000 loan from Clydesdale Bank to fund the construction of a bonded warehouse.Kilchoman was the first distillery to be built on Islay in more...
View ArticleJohn Lewis partners £211m bonus as online sales surge
HIGH street chain John Lewis has boosted its staff bonus following a surge in online sales that put the partnership back on the path of rising profitability last year.About 2,400 employees working for...
View ArticleIndigoVision eyes record sales but profits face cost squeeze
CCTV systems maker Indigo-Vision has predicted record full-year sales after enjoying a jump in first-half revenues.However, a drop in margins and higher product development costs saw pre-tax profits...
View ArticleBank of England keeps money printing programme on hold
THE pound was given some respite yesterday after the Bank of England kept its money printing programme on hold.Sterling had been under pressure ahead of the decision amid speculation the central bank...
View ArticleLife science firms to share £5.3m
SCOTLAND’S life sciences sector has punched above its weight by grabbing a share of £5.3 million from the Technology Strategy Board and the Research Councils.Ingenza has won funding for three of its...
View ArticleBalfour Beatty says Scotland is ‘more resilient’
SCOTLAND is proving more resilient than other parts of the UK, Balfour Beatty said yesterday, as the construction giant posted a fall in annual profits.The firm, whose contracts north of the Border...
View ArticleSkyfall drives up Cineworld profits by 15 per cent
JAMES Bond thriller Skyfall drove Cineworld profits up by more than 15 per cent last year despite a stagnant performance in the pricier 3D film format.The cinema chain said yesterday that admissions...
View ArticleComment: Has Merv lost the support of MPC colleagues?
THE decision by the Bank of England’s monetary policy committee (MPC) to take no action on either interest rates or money printing has posed one serious question: has the outgoing governor lost the...
View ArticleCisco to launch IT skills apprenticeship scheme
COMPUTING giant Cisco is preparing to launch an apprenticeship scheme for hundreds of budding network technicians after a new report highlighted rising demand in the IT sector.Ian Foddering, chief...
View ArticleCoal imports put miners’ jobs at risk
SCOTLAND’S coal industry has warned that cheap imports are putting jobs at risk, with hundreds of jobs at risk as a result.Scottish Resources Group, which owns Scottish Coal, has told 450 miners they...
View ArticleMEPs urged to support food production
Next week, MEPs will vote on the next common agricultural policy and yesterday European farming unions and farm co-operatives urged them to end the uncertainty facing farmers.The farming lobbyists...
View ArticleElectronic tagging to tackle black loss
PIONEERING tracker tag technology will be used to help solve just what happens to the thousands of lambs that die annually on the hill farms in the north-west of Scotland.This unexplained disappearance...
View ArticleGoogle to axe 1,200 more jobs at mobile arm
Internet giant Google it to slash a further 1,200 jobs at its Motorola Mobility division in a bid to return the smartphone maker to profitability.The cuts come on top of 4,000 job losses announced in...
View ArticleScottish Business Briefing - Friday March 8 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. INSURANCEStandard Life to share out £302m...
View ArticleBridge Energy signs deal to develop Asha discovery
Bridge Energy, the Aberdeen-based oil and gas driller, has signed a deal with its partners to develop the Asha discovery in Norwegian waters.The Aim-quoted explorer, which holds a 20 per cent stake in...
View ArticleBig’s Barr and Gibson in £700,000 dividend boost
TWO of Scotland’s best-known public relations executives each received more than £700,000 in dividends last year, according to the latest accounts.Alex Barr and Neil Gibson, co-founders of the Big...
View Article428 Barclays bankers paid more than £1m
Barclays paid 428 of its staff more than £1 million each last year, according to the group’s latest annual report.The report, published today, shows that more than 71,500 employees earned less than...
View ArticleNational Business Awards open for entries
Good leadership is “the most important influence on the success of an organisation”, according to research commissioned by the National Business Awards.More than 80 per cent of Scottish employees agree...
View ArticleEsure flotation to value insurer at £1.15 billion
ESURE chairman Peter Wood is expected to pick up more than £175 million when his insurance group makes its stock market debut later this month.The firm set a price range of between 240p and 310p for...
View ArticleBill Dobbie lifts Cupid stake to 17.6%
CUPID chief executive Bill Dobbie said his confidence in the business he founded was “as strong as ever” as he took advantage of the depressed share price to build his stake by almost £1...
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