Airport chairman warns Boris to back off
The man leading an independent review into the future of Britain’s airports has called on Boris Johnson to stop politicising the debate over how the country should expand its aviation capacity.Sir...
View ArticleSpotless to expand into north-west of England
A SCOTTISH cleaning company that lists Maclay Murray & Spens, Jones Lang LaSalle and Virgin Money among its clients is to expand into the north-west of England and Yorkshire after selling its...
View ArticleScottish Business Briefing - Monday 5 November, 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. TRANSPORTGlobal pioneers join race to win...
View ArticleHSBC profits hit by PPI and money-laundering costs
The rising tide of financial penalties among Britain’s banks continued to swell today as HSBC revealed additional charges for money-laundering breaches and mis-sold payment protection insurance...
View ArticleWeir shares overcome oil and gas worries to soar
ENGINEERING group Weir was the FTSE 100’s biggest gainer yesterday after reassuring the City on this year’s expected profits despite a weak third quarter in the oil and gas sector.In its interim...
View ArticleBank of England poised to decide on new stimulus as economy stutters
A DECISION on whether to inject further stimulus into the flagging UK economy appears on a knife-edge this week after growth in the powerhouse services sector slowed to a near two-year low while a...
View ArticleMarkets: US election puts a damper on markets
The prospect of a knife-edge US election kept world markets in check yesterday, with poor service sector data from the UK and China also weighing on the Footsie.Angus Campbell, head of market analysis...
View ArticleRoyal Mail sorts out new centres on online boom
ROYAL Mail has announced it will open eight parcel handling centres across the UK in the run-up to Christmas to deal with a boom in the number of shoppers buying presents online. Two of the depots will...
View ArticleCroma secures two more deals as it builds on growth after acquisitions
Croma, the Dumfries security firm founded by former soldiers from the Black Watch, yesterday unveiled two contracts after saying its full-year revenue grew by 17 per cent to £9.9 million.The firm won a...
View ArticleEastern woes for L’Oreal
L’Oreal, the world’s biggest cosmetics group, is feeling the effects of the slowdown in China and “brutal” trading conditions in South Korea and Taiwan, the company said.The group’s turnover from...
View ArticleBusiness news in brief: Mitie | Hiscox | Standard Life
Mitie has been awarded a ten-year repair and maintenance contract with a housing association in Kent that could be worth up to £120 million to the outsourcing specialist.The contract, to look after...
View ArticleComment: Sectors labouring under different conditions
HOW the other half lives. On the day that the living wage was raised to £7.45 an hour for those working in the public sector, it was revealed that the average salary in the North Sea oil and gas...
View ArticleS&P faces £20m cost in court
Australia’s Federal court has issued a landmark judgment against ratings agency Standard & Poor’s, saying it misled investors by giving its highest rating to derivatives that lost almost all their...
View ArticleDundee-based I-Design targets our favourites
DUNDEE-BASED I-Design has claimed an industry first by updating its cash machine software to remember cardholders’ favourite transactions.The Aim-quoted company, which runs marketing software on ATMs...
View ArticleChanges at the top: M&S unveils new management team
MARKS & Spencer unveiled further management changes in its non-food division ahead of announcing an expected fall in sales and profits today.Frances Russell, who was the retailer’s director of...
View ArticleRyanair profits to take off after summer sun
BUDGET airline Ryanair has hiked its forecasts for annual profits after a better-than-expected summer for the low-cost carrier.Passenger numbers rose 7 per cent to 48 million in the six months to 30...
View ArticlePru in £368m swoop to drive its insurance business in Thailand
Life and pensions giant Prudential is set to grow its presence in Thailand after agreeing to buy the life insurance arm of Thanachart, the country’s fifth-largest retail bank, for up to £368...
View ArticleScots builders’ fury at ‘shocking’ delays for planning approval
STRUGGLING housebuilders have launched a stinging criticism of the Scottish Government after new figures revealed shocking delays to planning decisions. . The latest performance statistics showed that...
View ArticleAngel Biotechnology’s new ReNeuron contract
Angel Biotechnology is to increase its contracted work for ReNeuron Group, the life sciences company conducting stem cell trials at Glasgow’s Southern General Hospital. Edinburgh-based Angel said it...
View ArticleSmart Metering Systems wins Eon contract
Smart Metering Systems (SMS) has today unveiled a deal to supply its gas meters to “big six” utility firm Eon, sending shares in the Glasgow-based company up as much as 9 per cent in early trading.The...
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