Losses narrow at ReNeuron
ReNeuron Group, the life sciences company conducting stem cell trials at Glasgow’s Southern General Hospital, has narrowed its first-half losses.The Surrey-based firm, which is testing the effects of...
View ArticleScottish Business Briefing - Tuesday 4 December 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. BANKINGGeorge Osborne’s flagship is...
View ArticleBelhaven brewer Greene King defying austerity
GREENE King, the pub operator and brewer best known in Scotland for Belhaven Best, posted a resilient jump in half-time sales and profits on Tuesday despite consumers increasingly counting the pennies...
View ArticleBritish Airways to cut 400 cabin crew jobs
British Airways has announced plans to cut hundreds of jobs among senior members of its cabin crew, but insisted there would be no compulsory redundancies.The airline has entered into a 90-day...
View ArticleScotgold raises £800,000 to push ahead with gold mine plans
Scotgold Resources has raised around £475,000 through a share placing and agreed a £320,000 loan extension to develop plans for its Cononish gold mine near Tyndrum.The firm said it had placed just over...
View ArticleTravel giant Tui pays no corporation tax despite making £390m profit
BRITAIN’S biggest travel company paid no UK corporation tax in its last financial year despite posting record annual profits.Thomson and First Choice operator Tui Travel hailed a “renaissance” of the...
View ArticleMarkets: Tullow’s empty well hits share price
TULLOW Oil was the biggest blue chip faller on Tuesday after it revealed its appraisal well in French Guiana failed to strike it lucky.The firm said the wider area “still offers excellent potential for...
View ArticleFaroe Petroleum wins licences to drill for oil in the Arctic
OIL explorer Faroe Petroleum was awarded its first licences to start drilling off the coast of Iceland on Tuesday as the North Atlantic nation begins to exploit its natural resources.Aberdeen-based...
View Article‘Getting a start is no easy matter without money’
Youngsters without capital were advised this week that they now have little chance of getting a start in farming.But there is no reason why they should expect to, said Berwickshire farmer Jonathon...
View Article‘Walkie Talkie’ deal for Logan
LOGAN Energy, the Edinburgh-based hydrogen fuel cell specialist, yesterday unveiled a £1.36 million deal to supply one of its fuel cells to the “Walkie Talkie”, the London skyscraper being built by the...
View ArticlePig prices on the up despite feed cost rises
Scottish pig producers have not had to seek their troubles recently, with massive rises in the cost of feed along with the closure of the biggest processing plant at Broxburn. But Stuart Ashworth of...
View ArticleIncoming watchdog says banks must show restraint on bonuses
The incoming banking watchdog has warned Britain’s lenders that they should cut back dividends and bonuses if they have overstated the levels of protective cash buffers they hold.While banks could...
View ArticleClydesdale chooses its ‘best people’ for east of Scotland
Clydesdale Bank has unveiled a new leadership team for its business and private banking operations in the east of Scotland, as it concentrates resources in areas it sees as ripe for growth. Scott...
View ArticleSainsbury’s on song as the star supermarket
SAINSBURY’S received a boost yesterday ahead of the festive rush as industry figures reinforced its position as the star performer among the “big four” supermarket players.The group hiked its share of...
View ArticleMcGregor benefits from oil industry growth
Oil and gas recruitment specialist McGregor Consultants is on track to grow its turnover by more than a third this year to almost £20 million as it benefits from buoyant industry conditions.The...
View ArticleScotgold raises £800k for mine
Scotgold Resources has raised almost £800,000 through a share placing and loan extension to develop plans for its Cononish gold mine.The firm has placed just over 15.3 million new shares at 3.1p each,...
View ArticleGordon MacRae: Tenancy laws are no threat to good agents
IT IS deeply disappointing that letting agency DJ Alexander chose to blame its rent rises on efforts by campaigners and the Scottish Government to stamp out illegality and cowboy letting...
View ArticleBut there are chances out there
Roxburghe Estates yesterday announced the letting of two stock farms to new entrants with the Yett farm, a hill farm of 1,210 acres in the Cheviot Hills near Hownam, Kelso, going to Derek and Ann...
View ArticleBuilders land blow on Osborne
OUTPUT from the construction sector shrank last month and confidence about the next 12 months has fallen to its lowest in almost four years, landing a blow for the Chancellor ahead of his Autumn...
View ArticleBusiness briefs: Braveheart | Spaceandpeople | Mullin | ReNeuron | Pinnacle |...
THE latest business updates including Newgate Communications buying the Mullin Consultancy and ReNeuron narrowing its first-half losses.• Braveheart – The Perth–based investment firm has raised £1...
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