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West coast community radio stations join forces

TWO remote community radio stations are joining forces to provide a new service for the West Coast of Scotland.The long-established Lochbroom FM radio station based in Ullapool has linked up with...

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Daily Mail’s owner sells local group to Montgomery

THE owner of the Daily Mail agreed to sell its local newspaper arm yesterday to a new business led by tabloid veteran David Montgomery in a deal that spawns a new player in regional publishing.Daily...

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Optos looks to invest as revenues jump 37%

EYE scanner firm Optos said it was stepping up research into more portable devices as it surprised the market with a bigger-than-expected jump in revenues yesterday.The Dunfermline-based company saw...

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Euro dip for Omega test kit maker

MEDICAL testing-kit maker Omega Diagnostics promised a better performance in the current half year after the weaker euro hit profits over summer.The Alva-based firm said currency-related losses on...

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Philip Green eyes overseas to grow Arcadia

SIR Philip Green is focusing his retail empire on overseas growth after seeing his UK stores continue to struggle.His Arcadia Group – which trades as Bhs, Burton, Dorothy Perkins, Evans, Topshop,...

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Subsea firm Rovop to take on 60 more staff

ABERDEEN subsea specialist Rovop expects to treble its workforce amid continuing ­demand for its remote operated vehicles (ROVs) across the offshore energy sector.The jobs are being created in...

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Business briefs: Maritime Craft | Savills | Gemfields | UK Space Agency |...

l Maritime Craft Services – The Largs-based company is expanding its operations in Europe with the purchase of three vessels worth around £8.9 million. They will be used to service its offshore energy...

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Bad weather forces sales of livestock as fodder costs rise

THE damage caused by six months of dreadful weather is beginning to be quantified with a survey by NFU Scotland ­showing almost half respondents with livestock had sold ­cattle or sheep because of...

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Standard Life maps strategy for new pensions era after jobs axed

STANDARD Life, the Edinburgh-based insurance giant, has confirmed plans to cut 139 jobs as it restructures its UK business in preparation for radical reforms in the pensions industry.The group said it...

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McGibbon for MacBrayne role

Accountant and business consultant David McGibbon has been appointed to chair the board of David MacBrayne, the state-run company which owns CalMac Ferries. McGibbon is a former finance director and...

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Storm disrupts US labour mart

The number of Americans filing new claims for jobless benefits fell last week but remained high due to Superstorm Sandy, a sign the storm has caused substantial disruption to the labour market.Initial...

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Comment: Leaner Standard Life remains in robust health

THE job losses announced ­yesterday at Standard Life are regrettable, though they were probably anticipated as the company refocuses for a new era.Any “restructuring” of a business usually means...

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FTSE untroubled by Greek impasse

SHARES in Britain’s listed water companies enjoyed a lift yesterday after regulator Ofwat ­softened its tone on new ­regulation.John Musk, analyst at RBC Capital Markets, said previous proposals had...

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Retail bond to raise £75m for students’ digs

Student accommodation provider Unite has become the latest firm to tap into the burgeoning retail bond market by unveiling plans to raise up to £75 million through its first offering.The group, which...

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‘Summer of sport’ fails to prevent Halfords’ sales slump

CAR parts and bicycle retailer Halfords has reported a 23 per cent slump in half-year profits despite a “summer of sport” boost to sales.The chain reported interim underlying profits of £41.9 million,...

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Triumphant year for AgriScot 2012 with almost 10,000 visitors

AgriScot 2012 will be remembered by Gilmour Lawrie, Brieryside, Prestwick, as he shared in both the SuperCow and the Superheifer championships.Gilmour’s second calver red-and-white cow, bought...

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Now children get personal shoppers

THE rise of designer-clad mini celebrities such as Harper Beckham and Suri Cruise has sparked a new trend in personal shopping for children.Designer brands such as Dior, Gucci and Uggs now produce...

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Which? survey rates Barclays as the least trusted brand in the UK

BARCLAYS is the least trusted brand in Britain – according to new research from the consumer organisation Which? suggesting the bank is still suffering reputational fallout from the Libor price fixing...

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Superglass seeks to cut costs further

Insulation manufacturer Superglass said today that it would introduce new technology to improve the quality of its product and save £1.4 million a year after results showed profits shrank by three...

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Cupid promises profits growth

Internet matchmaker Cupid promised bumper profits for its financial second half in a bullish trading update today.The Edinburgh-based firm, which owns a string of dating websites such as “Be Naughty”...

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