Brewer lobbies Diageo for early Rosebank reopening
ARRAN Brewery boss Gerald Michaluk has urged spirits giant Diageo to allow him to start making whisky at the legendary Rosebank distillery before current restrictions expire in 2017.Diageo –...
View Article‘Triple-dip’ recession fears grow but more quantitative easing unlikely
SIR Mervyn King, the departing governor of the Bank of England, is unlikely to deliver an early Christmas present to the UK economy this week despite the growing threat of a “triple-dip” recession.The...
View ArticleEdinburgh students get £500,000 in the pipeline
SIX companies set up by Edinburgh University students in the spring have already secured a bumper £500,000 of investment from sources including Santander, Shell and Scottish Enterprise.Software...
View ArticlePeople: Diversification buzz for property agency Cushman and Wakefield
Property agency Cushman and Wakefield has a bee in its bonnet about, well, the bees. Worried about the decline in the population of our striped friends, it has put the buzz out to owners of buildings...
View ArticleScotland’s economic performance ‘as bad as that of Spain since crisis’
THE Scottish economy has performed as badly as Spain since the financial crisis, according to an influential think-tank that is forecasting Scotland’s recovery will continue to lag behind the rest of...
View ArticleInterview: Fiona McBain, chief executive of Scottish Friendly Assurance
SHE’S a seasoned professional with a string of awards and accomplishments to prove it, but Fiona McBain is also ever so slightly superstitious, writes Kristy Dorsey.Eleven months into the financial...
View ArticleEngineering sector reports rise in output
THE engineering sector has weathered the economic downturn in the wider Scottish economy, with the latest report showing the industry continued to increase output during the third quarter.According to...
View ArticleBusiness briefs: Dyson ‘spy’ sent secrets to China | RBS Citizens | Amazon...
AN INDUSTRIAL spy accused of leaking Dyson design secrets to German rivals has also sent them to Chinese firms, legal documents have shown.Yong Pang, who was fired from the British vacuum cleaner maker...
View ArticleBritain warned about its coal strategy
BRITAIN risks running low on power within a decade unless the UK government spells out the role for coal during the transition to greener energy supplies, a Scottish fuel merchant has warned.John...
View ArticleVion pork operation closes in on MBO
TROUBLED food giant Vion is closing in on a sale of its UK pork business in a management buy-out (MBO) led by Leeds-based venture capitalist, Endless.The deal, which could be announced this week, would...
View ArticleVirgin Atlantic in sights of US’s Delta Airlines
America’s largest airline, Delta, is plotting to take control of Virgin Atlantic after making a secret approach to the British carrier’s Asian shareholder.The Atlanta, Georgia-based carrier is...
View ArticleNetflix has plans for production arm
Online film rental service Netflix is reportedly planning to step up its battle with satellite broadcaster BSkyB by commissioning original scripts and book adaptations.Netflix has acquired the rights...
View ArticleComment: What will George Osborne’s choice for pensions be?
TIME and tide sure do change when it comes to pension planning. It seemed only yesterday we were being bombarded with warnings over pensions. We were told we were not saving enough; we had to make far...
View ArticleThe week ahead: Tesco update to settone for Christmas
A TRADING update from retail giant Tesco will shine the spotlight on the supermarket sector this week ahead of the all- important Christmas season.Tesco is expected to report sales slipping back into...
View ArticleBP keen to take long view on oil and gas after troubles in US and Russia
OIL giant BP will outline growth plans for its oil and gas production arm today in its first strategy update since striking a series of deals aimed at getting its Russian and US operations back on...
View ArticleJohn Lewis sales fuel hopes that UK retailers will see festive shot in arm
Department store chain John Lewis enjoyed one of its best weeks yet as the recent cold snap combined with the start of the Christmas shopping season to help it outperform the struggling high street.The...
View ArticleAndrew Arbuckle: I don’t understand why our industry is misunderstood
I WAS never too sure about the phrase “living in a parallel universe” as, in a straightforward uncomplicated way, I assumed that most of us were on the same planet. However, this past week, I...
View ArticleUS treasury chief predicts Republicans will back deal on taxes for rich
US REPUBLICANS are expected to agree to raise tax rates on the wealthiest to secure a deal by year-end to avoid the “fiscal cliff”, treasury secretary Timothy Geithner has predicted.Geithner, who is...
View ArticleEconomic uncertainty dogs sales at Sterling Furniture
sTERLING Furniture, one of Scotland’s best-known retailers, said hikes in VAT and ongoing economic uncertainty delivered a 12 per cent hit to sales which fell to a “disappointing” £41.7 million last...
View ArticleBraveheart returns to the black
Fund manager Braveheart Investment returned to profit during the first half of the year after its fee-based revenues more than doubled.The Perth-based group posted a pre-tax profit of £67,000 for the...
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