Manchester United face tough opener as experts savage worth of investment
MANCHESTER United looks set to receive a frosty welcome when shares in the football club make their stock market debut in New York later this week.The 134-year-old club chose to float in New York after...
View ArticleIFA of the Year: IFAs called to the starting blocks
In investment terms, a year is virtually a sprint. In IFA of the Year terms, it will feel like a marathon. For those going for gold in our latest competition, launching today, the next 12 months will...
View ArticleAMA seeks new markets to offset loss
HIGH-END property developer AMA is poised to reap the benefits of an improving housing market as it pushes into new areas, such as student housing after a tough year.Despite what it said had been “very...
View ArticleGiltech hopes cream is the silver bullet that beats superbug
SILVER has had a variety of uses through history but now it is being used in the fight against hospital superbug MRSA after shareholders pumped £500,000 into a Scottish life sciences company to develop...
View ArticleOil and gas put pressure on Aberdeen offices
DEMAND for office space across Scotland has risen strongly so far this year, with new figures showing rents for prime accommodation in Aberdeen may rise above their current record highs.Property...
View ArticleAnalysts warn FirstGroup’s west coach rail bid ‘a double-edged sword’
SNATCHING the west coast rail franchise away from arch rival Stagecoach would be a double-edged sword for FirstGroup chief executive Tim O’Toole, because it would give him less incentive to sell his...
View ArticleBrazilian bank said to be eyeing RBS’ Citizens arm
Royal Bank of Scotland’s prized American division Citizens was today reported to be a £10 billion target for one of Brazil’s biggest banks.The Rhode Island-based retail bank, which was built up in part...
View ArticleMarkets: Positive news carries Footsie higher
ROYAL Bank of Scotland was the biggest riser in the top flight yesterday as its shares continued to recover from last week’s lows.While financial stocks generally benefitted from talk that the European...
View ArticleBAE wins contract for Korean F-16 upgrades
Defence giant BAE Systems has won a major contract to upgrade more than 130 South Korean F-16 fighter jets.The value of the deal is yet to be confirmed but it is believed to be worth more than $1...
View Article365 days later: Catastrophe claims drop at Catlin
INSURANCE group Catlin returned to profit during the first half as it benefited from a sharp drop in claims related to natural disasters.The Bermuda-based firm, which operates the largest syndicate in...
View ArticleExpansion is stick-on at Labels4Kids
A COMPANY launched by a frustrated mum to supply sticky labels for children’s clothes and toys has unveiled plans to launch international franchises.Ann-Maree Morrison set up Labels4Kids in 2004 after...
View ArticleJuly’s retail sales huff and puff into the Olympics
HOPES of a high street boost ahead of the Olympics were dashed today with figures showing retailers had suffered a “lacklustre” July.Retail sales values edged 0.1 per cent higher on a like-for-like...
View ArticleInvestors lose their appetite for Scottish companies
WEALTHY investors pumped money into fewer fledgling Scottish companies last year, according to figures released today by law firm Pinsent Masons.Only 237 Scottish firms applied to used the Enterprise...
View ArticleAquapharm to set marines on ‘superbug’ nuisances
A SCOTTISH life sciences firm is developing a new generation of antibiotics able to tackle so-called “superbugs” such as MRSA and C-Difficile. Oban-based Aquapharm claims to have discovered a chemical...
View ArticleHMV boardroom dog days continue as Wolffe follows Fox out the door
The management upheaval at HMV continued yesterday after its finance director confirmed that he planned to follow the chief executive out the door.David Wolffe’s departure comes just days after it...
View ArticlePedal to metal: car sales growth in Scotland double that of UK rate
CAR dealers have shrugged off the gloomy economic conditions to record the highest rise in sales for two years, driven by a surprisingly strong increase in Scotland as private buyers flocked to the...
View ArticleBetfred sales ease Tote buy
Betfred is selling 25 betting shops – including one in Kirkintilloch near Glasgow – to get round competition concerns over its acquisition of the Tote. The Office of Fair Trading (OFT) said it had...
View ArticleMarineMTS wins deal with Total
A SOFTWARE company from Aberdeen has won a £150,000 contract from Total after helping the French oil giant during the aftermath of the gas leak on the Elgin platform back in June.The “Loc8” programme...
View ArticleBusiness news in brief: EasyJet | Energetics | Intellego | Spyker
BUDGET airline EasyJet carried 5.8 million passengers last month, an increase of 8 per cent on a year earlier.While the growth in July passenger numbers was the same as that reported by Ryanair last...
View ArticleScottish Business Briefing - Tuesday 7 August, 2012
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. ECONOMICSWillingness to support fledgling...
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