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Brewery targets Glasgow for first move into pubs

ARRAN Brewery yesterday unveiled plans to open its first pub, just a week after announcing a merger with the Isle of Skye Brewery.The enlarged company has chosen a former bank building in Glasgow city...

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Co-operating in training the next generation

With the number of people leaving or retiring exceeding those coming into land-based industries, there is a mountain to climb in attracting new entrants into farming, forestry and the ancillary...

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Aviva on road to new chief

Aviva chairman John McFarlane said the insurer was making good progress towards appointing a new chief executive as it reported flat UK life and pensions sales.McFarlane, who has been running the...

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Wetherspoon bullish but sales surge ‘is unlikely to last’

Pubs giant JD Wetherspoon yesterday cheered a 7.1 per cent hike in underlying sales as it enjoyed an Olympics lift but said the rate of growth was set to cool.The firm, whose 860-strong estate includes...

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Airline in £90m Spanish move

British Airways parent company International Airlines Group (IAG) has launched a €113 million (£90m) offer to take full control of Spanish low-cost carrier Vueling, writes Gareth Mackie.The group’s...

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Trinity Mirror demands phone hacking details

TRINITY Mirror has demanded to see details of phone-hacking claims that slashed the share price of the newspaper group when first revealed last month.The publisher of the Daily Mirror and Scotland’s...

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Nothing to beef about with farm award finalists

One of Britain’s most successful chefs, Brian Turner CBE, has described the three finalists in the debut Scotch Beef Farm of the Year Award as “dedicated, focused and experts in their field”.The three...

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Mears in £24m swoop for rival

Mears, the social housing repair specialist, has acquired loss-making rival Morrison Facilities Services (MFS) for £24 million.The tie-up will see two of the UK’s biggest repair and maintenance firms...

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Comment: QE freeze raises questions of its effectiveness

THE Bank of England’s decision not to inject more money into the economy may tell us that it is giving the nascent recovery the benefit of the doubt. It may also be evidence that it is losing faith in...

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Balfour Beatty shares slump as it ponders ‘strategic pull-out’

INFRASTRUCTURE group Balfour Beatty sent a shockwave through the battered construction sector yesterday after it admitted it was considering pulling out of some of its operations following a profits...

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Failure to secure jail deals hits G4S

Security giant G4S was one of the heaviest fallers in the top flight yesterday as a failure to win prison contracts was widely interpreted as a snub from the UK government. The company failed in bids...

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Business briefs: Petrofac | Steelcase | Land Securities | Schuh

THE latest updates from the business world.Petrofac wins new £229m Iraq workOIL services group Petrofac and its Chinese joint venture partner have won a $229 million (£144m) contract with BP in...

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Neil Patey: It needn’t be Armageddon for Scottish football – if clubs live...

The Scottish Football League issued a statement in 2010 saying football clubs had to realise they couldn’t treat their obligations to HM Revenue and Customs as something akin to a credit card.It is a...

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Fresh blow as Morrisons swings axe

MORRISONS ousted its commercial director Richard Hodgson yesterday amid City concerns that the supermarket group is driving away core customers by expanding its upmarket offering.Analysts said the loss...

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Scottish Business Briefing - Friday 9 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. BANKINGAegon blames regulation changes for...

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Dana and Petroceltic land Egyptian licence

A pair of Scottish oil companies revealed they have won a licence to drill for oil in Egypt near the Gulf of Suez.Aim-quoted Petroceltic, which recently bought Edinburgh-based Melrose Resources, and...

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BA’s Spanish partner in a fight for survival as it burns £1.4m every day

THE owner of British Airways has warned staff at Iberia that the Spanish airline is in a “fight for survival” as it unveiled plans to cut 4,500 jobs in an attempt to stem its losses.International...

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Xcite cuts losses and looks ahead to ‘transformational’ year

XCITE Energy, the Aberdeen-based explorer, yesterday announced it had narrowed its losses as it prepares for what it described as an important year ahead for the business.The firm said its priorities...

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John Lewis cashes in on weather and Comet’s fall

AUTUMNAL weather, the timing of the English half-term school holidays and the demise of Comet have played into the hands of department store chain John Lewis as it returned to double-digit growth.The...

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British construction sector’s continued fall threatens UK growth

Britain’s construction sector has spent its fifth consecutive quarter stuck in the mire, official data yesterday confirmed, with industry leaders warning of a threat to the wider economic...

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