Windfarm move from Triodos
A UK-based ethical bank fund has launched an £8 million public share issue offering investors the chance to own Scottish windfarms.Triodos Renewables, a fund with more than 5,000 shareholders, is run...
View ArticleScottish firms in line for top UK business awards
A NUMBER of Scottish firms have been named as finalists for this year’s National Business Awards.Edinburgh-based video conferencing firm NAC Networkz and Johnstone- based Jenier Teas are contenders for...
View ArticleCrown Estates land for Stirling business park
A JOINT venture set up to provide office and industrial facilities has bought 36 acres of land from the Crown Estate to build a business park in central Scotland.Stirling Development Agency (SDA), a...
View ArticleStandard Life profits soar 15 per cent in six months
Life and pensions group Standard Life today unveiled a surge in profits helped by a “significant improvement” at its UK arm.The Edinburgh-based business, which has more than six million customers and...
View ArticleScottish Business Briefing - Tuesday 14 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. BANKINGBraveheart ‘on course’ as it focuses...
View ArticleInflation shows surprise bounce
Inflation in the UK unexpectedly jumped in July as retailers ended their discounting and air fares soared.The rate of consumer price inflation (CPI) rose to 2.6 per cent last month, from 2.4 per cent...
View ArticleJohn Menzies profits flying high
JOHN Menzies, the Edinburgh-based distribution and aviation services group, managed to grow profits in the first half despite weakening revenues and adverse currency movements.Underlying profit before...
View ArticleMarkets: Takeover talk drives utilities shares
UTILITIES companies were in demand on the London Stock Exchange tonight as rumours of takeover plans emerged. Water company United Utilities was up 5 per cent to 722.5p, after being boosted by reports...
View ArticleMarkets: Banks bounce as S&P backs progress
BRITAIN’S state-backed banks were among the biggest risers in London’s top flight tonight as ratings agency Standard & Poor’s said the sector had made good progress in strengthening its balance...
View ArticleBarr wins Moscow court battle to protect its right to Irn-Bru name
Irn-Bru maker AG Barr has scored a victory in a legal battle over branding which threatened to undermine its sales in Russia.A local company took the firm to court in a bid to terminate its brand...
View ArticleSocial media faces tougher times ahead
The sorry performance of Facebook’s shares has ended the flotation ambitions of other social media businesses and could lead to many being swallowed up by larger technology companies, according to a...
View ArticleSantander plan for Mexico IPO
Santander is to register plans in the coming days to list part of its Mexican unit in what could be the Latin American country’s largest ever initial public offering (IPO).The Spanish bank shelved...
View ArticleAsda the latest supermarket giant to see sales growth slow
Retail giant Asda has seen a slowdown in its sales growth as customers become more selective in the tough economic environment.The UK’s second-biggest supermarket chain, after Tesco, said that sales at...
View ArticleBusiness briefs: Icap loses its voice to electronic trades | Codbod has green...
ICAP, the world’s largest inter-dealer broker, is consolidating its voice broking business into one global unit, reflecting the declining importance of dealing by phone in favour of electronic trade in...
View ArticleLack of Grade A offices looks likely to drive up rents across Edinburgh
RENTS on office properties in central Edinburgh are set to rise while incentives to attract new tenants will fizzle out, industry experts have predicted, as the supply of top-grade space continues to...
View ArticleUK car production surges 22% in July
Almost 120,000 cars were built in the UK in July, a rise of 22 per cent over the same time a year ago, and the 13th consecutive monthly increase in production, figures yesterday revealed.A total of...
View ArticleRetail: Consumers ‘could drive recovery’ as sales bounce
HOPES were boosted yesterday that the consumer can help lift the UK out of recession after special offers and discounts drove a surprise rise in retail sales last month.Analysts believe that the...
View ArticleSecret agent: Bond’s Skyfall set to boost Cineworld
James Bond is expected to do more than save the world this year as the UK’s largest cinema operator looks to the secret agent’s latest adventure to boost waning audiences.Cineworld saw box office...
View ArticleCloud has a silver lining for Iomart with £8.2m acquisitions
INTERNET group Iomart yesterday announced two acquisitions in deals worth up to £8.2 million and said it was continuing to eye further takeovers as it enjoys strong growth.Chief executive Angus...
View ArticleBusiness briefs: Investor writes off Dawson £745,000 | Cisco raises dividend...
LEEDS Group, the investor vehicle that owned a 29 per cent stake of Dawson International, yesterday confirmed that it had written down its holding from £745,000 to zero after the cashmere firm called...
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