Savers feel the pinch as lenders focus on cheaper mortgages
FIRST-TIME buyers aren’t alone in being entitled to feel aggrieved at the impact of the Bank of England’s much heralded funding for lending scheme.Savers have also been hit hard by the initiative,...
View ArticleScottish landlords’ face hefty penalties if they fail to pay deposits
Scottish landlords face hefty penalties if they fail to pay deposits into the Scottish government’s new tenancy deposit scheme by Tuesday’s deadline.Around 35,000 deposits worth more than £23 million...
View Article‘Cautious’ funds backfire as high proportions are risked in equities
Anxious investors shifting money into funds purporting to protect them from market volatility are putting themselves at risk of losses even as they head for shelter, evidence suggests.Private investors...
View ArticleFirst-time buyers still suffer despite Treasury funding
Mortgage providers are under growing pressure to cut costs for first-time buyers as they reap the rewards of a Bank of England scheme making it cheaper for them to lend. Fixed rate mortgage costs have...
View ArticleDistiller toasts Glengoyne revamp with supermarket deals
IAN Macleod Distillers (IMD) has won a string of contracts with Asda, Sainsbury’s and Waitrose after making the biggest investment in its Glengoyne distillery since buying the site a decade ago.The...
View ArticleInflation rise taints King’s Bank reign
SIR Mervyn King’s hopes of handing over an orderly house to the next Bank of England governor will be dealt a blow this week by figures showing that inflation is on the rise again.When the consumer...
View ArticleSelex sets sights on new markets
THE re-election of Barack Obama as president of the United States has underpinned the drive of one of Scotland’s largest engineering firms to seek contracts with air forces in emerging markets. Radar...
View ArticleHammer time as STV targets road trip in the states
STV chief executive Rob Woodward is pinning his hopes on the station’s Antiques Road Trip achieving what hit detective drama Taggart failed to do – break into the American market.Taggart was sold to...
View ArticleChild’s play for Oobicoo dolls in Selfridges
PORTABLE high chair producer Totseat has branched out into making toys and they are to be sold at department store chain Selfridges in the run-up to Christmas.The company, set up in 2004 by Edinburgh...
View ArticleRecruiter opens oil office in Dubai
A RECRUITMENT firm founded less than two years ago is already preparing to open its first office overseas to cope with demand from the fast-growing oil and gas sector in the Middle East.Leith-based...
View ArticleMarket watch: Tariff row tensions
THE City is waiting to see if SSE chief executive Ian Marchant will use this week’s interim results to wade into the row over the Prime Minister’s comments regarding cheap tariffs.David Cameron sparked...
View ArticleStockbrokers facing ‘wave of takeovers’
TOUGHER European regulatory rules are likely to prompt a new wave of takeovers among small stockbrokers and fund managers, says an investment trade body.Tim May, chief executive of the Association of...
View ArticleAmerican dream scenario
An Obama victory is just what UK investors needed, says Jeff SalwayBARACK Obama’s US election triumph will prove a timely shot in the arm for UK investors and pension savers, experts have...
View ArticleDirector dealings: Telecity chief Tobin lifts stake
DATA centre provider Telecity Group last week said trading was robust and that continued growth in the digital economy was driving demand.It said expansion of its facilities over the next five years...
View ArticleBill Jamieson: Building recovery, brick by brick
JUST when we thought the economy was turning a corner, it has run into another one. If the latest disappointing indicators were not enough to prompt Chancellor George Osborne to beef up his 5 December...
View Article£2.8m boost for three start-ups
SCOTLAND’S biggest provider of business angel funding, Archangel Informal Investment, has pumped £2.8 million into three more start-up companies, Blackford Analysis, Calcivis and NC Tech. It brings...
View ArticleSainsbury’s profits poised to put rivals in the shade
A CONTROVERSIAL price matching scheme and its sponsorship of the Paralympic Games will allow Sainsbury’s to put its rivals in the shade.The country’s third biggest supermarket operator was the star...
View ArticleLittle thinks big as ExecSpace wins two-year deal with Standard Life
A FAST-GROWING business in Edinburgh that books venues for conferences and meetings has signed its biggest deal to date by winning a two-year contract with insurance and pensions giant Standard...
View ArticleComment: Diageo deal offers hope for other Scotch whisky makers
PAUL Walsh proved the benefits of playing the waiting game when the Diageo boss finally added a barrel-load of the Indian market to his drinks cabinet.After years of consolidation, the opportunities...
View ArticleJeff Salway: Do your sums or risk falling into credit card trap
AS CHRISTMAS looms ominously into view you can expect to see more adverts for credit cards alongside the already ubiquitous payday loan promotions. You can also expect, unless you’re among the chosen...
View Article