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Companies round-up – Wednesday 14 November

Macfarlane and WH Smith have updated the market on their trading performance today.Macfarlane – subdued demand for packagingGlasgow-based packaging group Macfarlane today said sales at its distribution...

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Scottish Business Briefing - Wednesday 14 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. ECONOMICSJobs fears as law firm DLA announces...

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Scotgold raises estimates of gold in Tyndrum mine

The company aiming to create Scotland’s only commercial gold mine has raised its estimates for the amount of precious metal at its Cononish site near Tyndrum.Scotgold Resources said “measured and...

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Entrepreneurs with novel aims

A GENERATION of ambitious young entrepreneurs is emerging from the credit crunch driven more by a desire to work for themselves than money, according to research out today.A report to mark the 30th...

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United front demands support for Scottish farming

Scottish farming industry leaders yesterday combined to express their concern over the “damage that could be done to rural Scotland with the current wave of euro scepticism sweeping through...

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Pay-as-you-go ‘set to see revival’

Carphone Warehouse is predicting a Christmas revival in the pay-as-you-go market after the availability of more affordable smartphones drove a surprise sales turnaround.Carphone reported a...

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Markets: European protests hit City markets

London’s leading shares index lost more than 1 per cent yesterday as co-ordinated protests against austerity measures in Europe rattled investor confidence.Michael Hewson at CMC Markets said: “Against...

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Women on boards ‘won’t be decided by quotas’

THE European Commission yesterday stopped short of imposing legally binding quotas to increase the number of women on company boards.Instead, it is proposing a target for large plc boards to be made up...

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National consencus on code

Dairy industry representatives from NFU Scotland, the English NFU, NFU Cymru and the Ulster Farmers’ Union this week confirmed they want to see better structures and more co-operation in the milk...

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Heineken offers help to stem pub closures

HEINEKEN has unveiled a package of financial support for those wanting to become publicans and to help halt the rise in pub closures.The Dutch group, which acquired the UK businesses of Scottish &...

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Macfarlane plans major expansion in Ireland

PACKAGING specialist Macfarlane is poised for significant expansion in Ireland as the Glasgow-based group extends its overseas business.A new Irish base in County Wicklow will allow Macfarlane to boost...

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Comment: Merger is rock–steady, just like Irn–Bru’s girders

AG BARR’s £1.4 billion merger with bigger soft drinks group Britvic looks like carbonated gold dust. Talks between Cumbernauld-based Barr and its merger partner were first revealed in September, but...

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Manchester United trims £87m off its debt

Manchester United has trimmed its debt pile by 18 per cent and moved into the black following this summer’s flotation in New York.The club also revealed that the nine football matches staged at Old...

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AG Barr-Britvic merger could see 500 jobs axed

IRN-BRU manufacturer AG Barr and rival Britvic unveiled their £1.4 billion merger proposal yesterday to create one of Europe’s biggest soft drinks businesses in a deal that will see up to 500 jobs...

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Scottish Gas on target for double digit profit growth

Centrica, the parent company of Scottish Gas – which recently raised its energy prices by 6 per cent – today said its UK residential services business was on track to deliver double digit growth in...

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Standard Life in £75m Canadian deals

Life and pensions giant Standard Life today said it expects a £75 million boost to profits this year after its Canadian arm sold two office buildings and renegotiated an existing reinsurance...

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STV cautious about 2013 prospects

Scottish broadcasting group STV has reported a 3 per cent dip in third-quarter national advertising revenues and said it remained cautious about the outlook for 2013.However, the firm said national...

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Scottish Business Briefing - Thursday 15 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. ENERGY & UTILITIESSSE pledges to raise...

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FSA fines credit card insurer a record £10.5m

The City watchdog has fined credit card insurer CPP £10.5 million for the widespread mis-selling of insurance products.The Financial Services Authority (FSA) said the penalty was the joint largest...

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BP nears Gulf of Mexico settlement

Oil giant BP is in advanced discussions with US agencies about settling criminal and other claims from the Gulf of Mexico well blowout two years ago.However, the group said “no final agreement has yet...

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