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Director dealings: Top men ride Shaft Sinkers switchback

SHARES in underground construction group Shaft Sinkers have been on something of a roller coaster in recent weeks.Although the company was hit by news of strikes in mines in South Africa and a legal...

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Investors set for payout from cash-rich AAM

ABERDEEN Asset Management (AAM) is expected to reveal plans to return millions of pounds to investors when it reports increased annual profits tomorrow.Analysts say the company is building up a...

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Chardon to take on new hotels

HOTEL management company Chardon is to add more than 600 bedrooms in the next two years as it takes on new properties in Edinburgh, Stirling, Brighton and Canary Wharf. Chief executive Maurice Taylor...

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John Lewis targets Scots sites in ‘bricks and clicks’ strategy

DEPARTMENT store chain John Lewis is considering further expansion in Scotland as part of a “bricks and clicks” strategy that will further integrate its high street and online operations. Managing...

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Summing up: Strong case to cut pensions tax relief

THE government’s claim to have no plans for tinkering with pensions tax relief should make high earners nervous. The coalition’s fondness for U-turns, typically arising from its incompetence, means we...

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Higher web speeds on way for Highlanders

THREE villages in the Highlands are to receive free 
gadgets and mobile broadband for a year to help overcome problems accessing fixed-line digital networks.. Durness, dubbed the most north-westerly...

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Market watch: Fall forecast for Kingfisher

KINGFISHER is expected to reveal improved sales at its B&Q home improvements chain on Thursday, but profits are still forecast to be down on last year.Although analysts are predicting a 1 per cent...

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Dixons braced for impact of Comet

DIXONS Retail will unveil more losses this week as worries mount that it may suffer from a clearance sale at distressed electricals rival, Comet.Sunita Entwisle, analyst at Nomura, said this was “not a...

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US offer for start-ups

A SUPPORT scheme for start-ups has teamed up with Royal Bank of Scotland to offer them the chance to learn from some of the world’s leading entrepreneurs at the Babson College in...

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IMA head warns withdrawal from EU will hurt UK

A TOP City figure has warned of the rising danger of Britain quitting the European Union and damaging the country’s multi-trillion pound asset management industry.Dick Saunders, outgoing chief...

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More firms needed for North Sea scrapping

DECOMMISSIONING of North Sea oil and gas platforms is likely to be hampered by a shortage of equipment and companies able to carry out the work.Forty platforms and 177 pipelines are due to be 
taken...

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Rival energy backers urged to work together to overhaul grid

IT HAS been criticised by environmental campaigners as a polluting force that could quite literally destabilise the continent. But unlocking shale gas through so-called “fracking” – and a similar type...

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Bill Jamieson: Will zombies be the death of us?

IT’S REAL, it’s true and it’s scary: Scotland is in the grip of a zombie invasion – and it’s likely to get worse before it gets any better.The “zombies” comprise thousands of Scottish companies that...

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Comment: Adding clicks to bricks is crucial for retailers

THE High Street enters the final month of the year hoping shoppers will show some Christmas spirit and help lift flagging sales.2012 will certainly be remembered as a year when bricks and mortar...

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McGrath to open 200 tuition centres in UK

THE founder of an Australian chain of tutoring centres offering additional classes to schoolchildren expects to open a further 200 outlets in the UK after launching a new generation of its learning...

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Scots cashing in on homes to pay debts

A rising number of homeowners are using equity release to clear mortgages and credit cards despite the risks, writes Jeff Salway.SCOTS are using equity release mortgages to unlock cash from their homes...

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New chief to pilot ‘drone’ chopper firm

CYBERHAWK Innovations, the West Lothian firm whose unmanned helicopters have been used to peer into forests, oil installations and even assist the Scotland rugby squad, has appointed a new boss ahead...

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Arran Brewery entrepreneur to resurrect Rosebank distillery

THE entrepreneur behind the Arran Brewery plans to breathe new life into the historic Rosebank distillery in Falkirk under a multi-million pound scheme to turn the site into a brewery, bottling plant...

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Large companies must invest to boost UK growth, says think tank

BRITAIN risks falling behind rivals such as Germany and the United States if big companies do not start investing some of their near‑£730 billion cash mountain, warns Ernst & Young’s Item Club...

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Business news in brief: CVC | Sapphire Land | SSE | Wonga | Bank of England

CVC Capital Partners are entering talks for one of the biggest buyout funds since the financial crisis.The private equity firm that owns Formula One and Legoland Parks is understood to have entered...

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