Contract win for Balfour Beatty
THE Scottish Government has handed a £31.5 million fit-out contract for the new Scottish Crime Campus in Gartcosh to infrastructure giant Balfour Beatty.The campus will bring together several of the...
View ArticleComment: Devil is in the detail for Cable’s lending scheme
BUSINESS Secretary Vince Cable’s plans for a government-backed business bank and a long-term industrial strategy to get firms investing and expanding is interesting, but judgement is best reserved...
View ArticleSenior role for ex-Sun editor
FORMER Scottish Sun editor David Dinsmore was yesterday promoted to News International’s executive board as operations director.Dinsmore, who recently led the Sun’s public defence after publishing...
View ArticleFarming: Greenhouse gases may be absorbed in farmland
For the past decade, politicians and environmentalists have been excited about the amount of greenhouse gas generated by the livestock industry. As a result, targets have been set to cut these...
View ArticleR–R seals £65m US navy deal
Aerospace engines maker Rolls-Royce has won a $103.3 million (£64.6m) extension to its deal to maintain more than 200 training aircraft for the US navy.The deal extends a five-year contract that...
View ArticleMitie spends £111m buying Enara to move into patient care
Mitie spent almost £111 million on home care firm Enara yesterday, marking its first move into Britain’s expanding outsourced health and social care sector.The firm said it aimed to benefit from the...
View ArticleComment: Billions in financial stimulus just to stand still
WITH EACH bit of fragile UK economic data that appears, the likelihood grows that the Bank of England will push the button next month on more bond-buying from the banks via its quantitative easing (QE)...
View ArticleShannan takes the chair in McClure Naismith shake-up
Scottish law firm McClure Naismith has overhauled its pay structure and unveiled a shake-up of its management team.Robin Shannan, a senior commercial and financial services partner, has been appointed...
View ArticleRyanair pulls out of airport race
Budget airline Ryanair has withdrawn from the race to buy Stansted after saying the airport’s Spanish owner had blocked it from the sale process.BAA’s parent company Ferrovial put the airport up for...
View ArticleCatchphrase a winner for STV
STV’s production arm has won a commission from ITV1 for eight episodes of the long-running television quiz show Catchphrase.The updated series will be hosted by Stephen Mulhern and feature a new set,...
View ArticleTroubled Thomas Cook cuts air fleet and staff
Some 430 jobs are at risk at Thomas Cook after the beleaguered tour operator yesterday revealed plans to cut its aircraft fleet to slash costs.The UK’s second-biggest travel company aims to reduce the...
View ArticleCar giant BMW set for record sales
BMW, the German carmaker that also owns British brands Mini and Rolls-Royce, is on track for record full-year figures after another double-digit rise in sales.The group said yesterday that overall...
View ArticleBusiness news in brief: Melrose Resources | SIB | SSE | PointPark Properties
A ROUNDUP of the latest business news.Melrose reverse takeover approvedTHE reverse takeover of oil driller Melrose Resources by Ireland’s Petroceltic was given the green light at a court hearing...
View ArticleSainsbury’s medal-winning showing as Paralympic sponsorship pays off
SAINSBURY’s, Britain’s third-biggest grocer, was rewarded with a 5.6 per cent boost in sales and growth in its share of the market on the back of its high-profile sponsorship of the London Paralympic...
View ArticleUK opts out as Europe backs Tobin tax plan
Eleven eurozone countries have agreed to press ahead with a controversial tax on financial transactions, designed to reduce market volatility.The initiative, pushed hard by France and Germany but...
View ArticleIthaca snaps up stakes in North Sea gas fields in £24m double swoop
Ithaca Energy is buying stakes in two North Sea oil fields as it hits the acquisition trail with a new debt facility behind it.The oil and gas producer, which is listed on the Canadian and London stock...
View ArticleBank boss Paul Fisher hints at lighter touch regulation to drive the recovery
BANK OF England policymaker Paul Fisher has hinted at an initial lighter touch to financial regulation under changes coming in next year, easing demands on Britain’s banks to help speed the economic...
View ArticlePremium beef breed scheme set to expand
A BEEF premium scheme which has put new life into one of the oldest beef breeds in the country has received a further boost, with supermarket giant Morrisons seeking to increase its weekly kill of Beef...
View ArticleScotland on alert as virus found in livestock in north of England
Scottish livestock producers in the Borders and in Dumfries and Galloway have been put on high alert after the highly infectious Schmallenberg virus (SBV) was confirmed in the north of England.The...
View ArticleMarkets: City struck with negative outlook
Broker downgrades accounted for the biggest falls in London’s top flight as the Footsie drifted lower on a stream of negative economic news.Outsourcing firm Capita was the worst casualty, down 3.7 per...
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