Union wants details of ‘difficulty’ with banks over lending costs
One week after it was revealed that bank borrowing by Scottish farmers had risen to new record levels, NFU Scotland yesterday asked its members to provide details of their relationship with their...
View ArticleEasy Ryder: Sponsors sign up for golf tournament
ORGANISERS of the 2014 Ryder Cup golf tournament at Gleneagles have signed up BMW, Diageo and Rolex as the first of its top-tier sponsors and expect to announce others shortly.European Tour officials...
View ArticleSkyscanner’s landmark deal with Chinese giant
TRAVEL website Skyscanner will today sign a landmark deal with Chinese search engine giant Baidu and reveal plans to open an office in Beijing.The Edinburgh-based travel search company, known as...
View ArticleEurozone crisis: Markets fall as Greece pleads for more time
WORLD markets slumped yesterday as Greek plans to slow the pace of public spending cuts dragged the eurozone debt crisis back into the spotlight.Greek prime minister Antonis Samaras said the country is...
View ArticleEgyptian industrial action dents revenues at Melrose
MELROSE Resources, the Edinburgh-based oil and gas producer that last week agreed a merger with Ireland’s Petroceltic International, yesterday blamed an 18 per cent fall in revenues on lower production...
View ArticleScottish Business Briefing - Thursday 23 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.BANKINGRBS investigated by United StatesTHE...
View ArticleCo-op profits fall by a third
Profits at the Co-operative Group have fallen by a third after its food stores suffered amid “fierce” competition from supermarkets and its banking arm was hit by the recession.The group’s banking...
View ArticleEmerging markets push Diageo profits higher
Scotland’s largest whisky producer today reported a 9 per cent rise in annual profits, boosted by rising sales across its emerging markets such as Africa, Latin America and Russia.Diageo, whose stable...
View ArticleSTV cooks up new shows as profits rise
Media group STV today unveiled plans for a new celebrity cookery series as it reported an 8 per cent rise in first-half profits.The company said the show, to air on BBC Two, will feature pairs of chefs...
View ArticleMarkets unimpressed by Fed action
THE prospect of billions of newly printed dollars working their way round the world economy could only give markets the briefest of boosts on Thursday.The FTSE 100 Index gave back gains made on the...
View ArticlePremier sells jam and marmalade arm to concentrate on core brands
Premier Foods continued its strategy of offloading unwanted brands yesterday by agreeing the £200 million sale of its jam and marmalade business to a US rival.The sale includes Hartley’s jam, Gales...
View ArticleOlympics fail to rescue the high street
The high street failed to receive a boost during the Olympics, with optimism among retailers also seeing its biggest slide for more than three years, the CBI said yesterday.The business organisation’s...
View ArticleUK planning to become a nation of entrepreneurs
A GROWING number of Britons are consider starting a business, according to new figures.A joint study by academics at the University of Strathclyde and Aston Business School found that more than one in...
View ArticleJD Sports sells rugby brand for £1
RETAILER JD Sports has sold Scotland rugby kit supplier Canterbury to its largest shareholder, Pentland, for £1. In exchange, the Liverpool-based sportswear company will take on the sports brand’s...
View ArticleFaroe moves deeper into Norwegian waters
Faroe Petroleum, the Aberdeen-based oil and gas explorer, is upping its presence in the Barents Sea off Norway in a deal with Talisman Energy.Under the farm-in deal, Faroe has agreed to take on...
View ArticleRMJM facing £500,000 US tax demand
SCOTLAND’s biggest architectural firm, RMJM, owes tax authorities in the US more than $800,000 (£504,000), documents published in New York have revealed.The New York state department of taxation and...
View Article£50m shades of buybacks: Erotic thriller books profits
A NEW generation of racy bodice-rippers such as the bestseller Fifty Shades Of Grey helped WH Smith beat the high street blues this year.The retailer yesterday promised to return a further £50 million...
View ArticleTimber firm’s landmark
Timber supplier James Donaldson & Sons has defied tough trading conditions to break through the £100 million sales barrier for the first time in its 152-year history.The Fife-based firm, which runs...
View ArticleGlenmorangie hit by focus on single malts
Glenmorangie has seen its annual sales fall by a fifth following its decision to focus on single malts.The distiller, owned by luxury goods group LVMH, said the decline was in line with its...
View ArticleBusiness in brief: BT | Borders & Southern | Industrial rentals | Wood Group
A ROUNDUP of the latest business news, as telecoms giant BT is set to recruit 400 extra engineers as it installs fibre broadband across the UK, whilst the Wood Group has won a £12.6 million extension...
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