North Sea M&A activity fuelling Scottish rise
A SURGE in oil and gas deals helped mid-market corporate activity in Scotland jump 80 per cent in value last year, according to LDC. The private equity arm of Lloyds Banking Group published its UK...
View ArticleFormula One float may be back on track
FORMULA One chief executive Bernie Ecclestone has hinted that the sport’s postponed flotation could be relaunched later this year.In an interview with the official formula1.com website ahead of...
View ArticleScottish Borders Brewery in foraging recipe plans
THE Scottish Borders Brewery is drafting in home brewers and a foraging expert to help it create a range of beers made using wild berries, herbs and plants.The Jedburgh-based “plough-to-pint” brewery...
View ArticleBusiness briefs: Scottish Renewable | Google | Flybe | Buchanan Galleries
A RECORD number of delegates are due to attend Scottish Renewable’s annual conference in Edinburgh next week.The trade body said that more than 780 people will make their way to the event, up from 550...
View ArticleAker to run £70m BP contract from base in Aberdeen
OIL services group Aker Solutions has been awarded a £70 million contract to help redevelop two of Britain’s largest oil fields from its base in Aberdeen.The Norwegian firm, which employs about 2,700...
View ArticleBailey: ‘Government not asked for more bank cash’
Some of Britain’s banks need more capital but the UK government has not been asked to put cash into Royal Bank of Scotland or Lloyds, the UK’s top banking supervisor said yesterday.Andrew Bailey,...
View ArticleComment: Tesco hopes taste of Giraffe attracts shoppers
TESCO’S strategic review after its bombshell profits warning 14 months ago identified one of the supermarket giant’s problems as having stores that were often “industrial” and unwelcoming.Chief...
View Article3-D laser surveyor Scopus Engineering in £13m boost
LASER surveying firm Scopus Engineering has received a £13 million cash injection from London-based venture capital group Growth Capital Partners (GCP) to fund international expansion.The...
View ArticleNAB chief rules out fire sale at Clydesdale Bank
NATIONAL Australia Bank (NAB) has ruled out a “fire sale” of its Clydesdale Bank subsidiary after unveiling plans for a restructuring in its home market, designed to save about £552 million a...
View Article‘No-frills’ financial product plans unveiled
PLANS for a range of no-frills financial products that “do what they say on the tin” have been unveiled.The deals, which include savings accounts and insurance products, will be backed by a kitemark to...
View Article£56m cash lifeline for farmers
MORE than 10,000 hill farmers will see a boost in their bank balances this Friday with the Scottish Government paying out some £56 million under the less favoured areas support scheme (LFASS).Speaking...
View ArticleMEPs produce ‘mixed bag’ of CAP reform
Scottish farming leaders and politicians described the final set of proposals for the next common agricultural policy (CAP) coming out of the European Parliament yesterday as a mixed bag with some good...
View ArticleScottish Business Briefing - Thursday, March 14
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. BANKINGNAB chief rules out fire sale at...
View ArticleN Brown beefs up board with trio of appointments
Catalogue and online shopping group N Brown has appointed three new non-executive directors, including Glaswegian lawyer Fiona Laird.The owner of the Jacamo and Simply Be brands said Laird, who is a...
View ArticleTablet craze helps Argos parent to hike forecast
Argos owner Home Retail Group hiked its profit expectations yesterday after demand for consumer electronics such as tablet computers aided the catalogue chain’s recovery.Despite weaker homewares...
View ArticleMiller Group returns to black with record order book
Miller Group announced today that it had returned to profit amid signs of improvement in the outlook for all its divisions.Chief executive Keith Miller predicted a “busy year” for the housebuilding,...
View ArticleMorrisons pledges food online with Ocado talks
Supermarket group Morrisons today pledged an online food offering by January 2014 to take on its rivals as it unveiled its first fall in annual profits in six years.Morrisons, the only one of the big...
View ArticleAggreko secures $200m deal in southern Africa
Temporary energy supplier Aggreko is stepping up its presence in Africa after signing a $200 million (£133m) contract to provide power to the national utilities in Mozambique and Namibia for the next...
View Article‘Wall of buyers’ pushes FTSE higher
The FTSE 100 jumped to its highest level since 2007 yesterday as investors interpreted Wednesday’s pause as an opportunity to buy into the rally.Britain’s top share index added 47.9 points or 0.7 per...
View ArticleTrinity Mirror profits fall following publisher’s digital hit
PROFITS at Trinity Mirror tumbled by 75 per cent last year after the newspaper group took a £60 million hit on the value of its digital businesses.The owner of the Daily Mirror and Daily Record, and a...
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