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Redrow deal and new expansion into Central Belt boosts Springfield profit

expansion into the Central Belt and its takeover of Redrow’s Scottish operation last year has helped Springfield Properties significantly increase turnover and profits.Springfield, which has bases in...

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VMG gets a pizza the supermarket action to create 25 jobs in Glasgow

Pizza maker VMG Foods expects to create 25 jobs and more than double its turnover after securing deals with retailers Asda and Nisa.The Glasgow-based firm said its newly-launched “pizza fingers”, which...

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Paddy Power cashes in on England’s not so champion showing

POOR results for English teams in this season’s Champions League have helped bookie Paddy Power fight back from a summer plagued by horse racing cancellations and the distraction of the Olympics.Its...

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Business news in brief: Biteback Media | BAE | Ryanair | Twinkies

BITEBACK Media, publisher of Total Politics magazine, has acquired publishing and events company Holyrood Communications for an undisclosed sum from publisher Hamish Miller. The Scottish company...

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UK hard hit by global jobs axe in beleaguered banking sector

GLOBAL banks have slashed almost 160,000 jobs since early last year, including more than 21,000 across taxpayer-backed lenders Lloyds Banking Group and Royal Bank of Scotland, and more lay-offs are in...

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R-R wins £12m China ship deal

Rolls-Royce has won a £12 million order to design and equip two offshore supply vessels in China.The vessels will be designed specifically for transporting solid and liquid cargo to and from offshore...

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Fired up: Northern Isles ferry deal a boost for Serco

OUTSOURCING giant Serco is on track to deliver full-year profits of around £267 million after securing a raft of contracts since the summer, including its £350m deal to run ferry services to the...

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Malmaison Hotel chain not put off by parent’s administration

MANAGERS of the Malmaison Hotel chain have restated their commitment to opening a 91-room hotel in Dundee as the group’s parent company confirmed it has called in administrators. MWB Group yesterday...

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Trapoil’s swap deal with Caithness Oil in prospect

Trapoil, the exploration group, has announced a deal which will give it majority control of the Knockinnon prospect in the North Sea.Under the equity swap arrangement with Caithness Oil, Trapoil will...

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George Kerevan: That autumnal feeling is running rather late

IT WON’T be long till Chancellor George Osborne makes his mis-named Autumn Statement on 5 December, just as we slowcoaches get round to our Christmas shopping. What might he have in store for us?Gordon...

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Markets: US fiscal fears continue to haunt City

BRITAIN’S top share index extended losses into a third session yesterday, notching up its biggest weekly fall in six months on the back of global growth concerns and breaking through a key technical...

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Farming: Christmas price surge ‘a fallacy’

Beef producers tend to believe that the run up to Christmas sees prices move upwards but statistics do not bear that belief out according to Quality Meat Scotland’s own marketing guru, Stuart Ashworth....

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Farming: New twist in EU agriculture budget row

The EU budget battle, which has intensified in the past few days prior to what is hoped to be a decisive meeting in Brussels at the end of next week, has thrown up a twist which might initially sound...

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Co-op raises reward points

A POINTS scheme earning Co-operative members reward payments based on the products they hold with the group is to be launched in the new year.Co-operative members reward payments based on the products...

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Pay-day loans for Christmas could cost many Scots dear

Yet more Scots could be mired in serious debt difficulties after the coming festive season as a growing number turn to pay-day loans to fund their Christmas spending.Experts have warned of a new phase...

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One in ten Britons to buy smart TV in next year

More than one in ten Britons intends to buy a smart TV in the next 12 months, according to research which found that more than half of TV owners have connected their sets to the internet. Appetite for...

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Top ten tips for saving energy

THE surging price of energy means that saving money on your gas and electricity bills is now a necessity and not just a green fad - and cutting down on the cost of hot water or reducing your cooking...

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Tenants are facing pressure and falling into arrears

THE problem of deepening arrears isn’t one that’s unique to homeowners. A growing number of tenants are falling behind on their repayments as rents continue to rise.The cost of renting a private home...

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Clem Chambers: With the US elections now over, this is as good a time as any...

WORLD stock markets are in re-evaluation mode following the US election and the news that President Obama will remain in the White House for another term. A good time, therefore, for ­private investors...

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Five essential steps to help save your home

Borrowers falling behind on mortgage repayments are being urged to act as fears grow over the number of Scots households with dangerous arrears.Repossession levels have fallen this year, new figures...

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