Comment: Sir Philip Green’s popularity fails to match his performance
IT IS not a good time to be in retail, unless you are Sir Philip Green. The Monaco-based tycoon seems to have the Midas touch and shows few signs of letting the high street gloom spread to his Arcadia...
View ArticleNew Plexus factory creates 130 jobs in West Lothian
A US electronics company is creating 130 jobs after announcing plans for a second Scottish factory in a £9 million expansion.Plexus is moving its Livingston design centre to larger premises at...
View ArticleMorton Fraser grows in Glasgow with Macdonalds deal
LAW firm Morton Fraser is significantly upping its Glasgow presence in the latest consolidation deal in Scotland’s legal sector.The practice, chaired by Linda Urquhart, today announced plans to acquire...
View ArticleMulberry bullish despite changes hitting profits
Handbag maker Mulberry gave an upbeat outlook yesterday with retail sales on the rise after its half-year profits were hit by changes to its wholesale business.The luxury goods group, which in October...
View ArticleRenewables investment on track to top £1bn for first time
INVESTMENT in Scotland’s renewable energy sector is on track to top £1 billion this year for the first time in the history of the industry, according to figures published today.Trade body Scottish...
View ArticleClear picture of bad weather’s legacy
Farm minister Richard Lochhead forgot to take his wellies yesterday on a farm visit to NFU Scotland members William and Anna Thomson, at Wheatrig, Longniddry, – preventing him from seeing the effects...
View ArticleBeattie grows LinkedIn team
MEDIA relations company Beattie Communications is hiring ten executives for its fast-growing LinkedIn marketing team to work with business-to-business clients. Chairman Gordon Beattie said: “Most...
View ArticleMario Draghi – eurozone growth forecast cut
European Central Bank (ECB) president Mario Draghi yesterday said weak consumer and investor sentiment had forced him to revise down eurozone growth forecasts for this year and next.His comments came...
View ArticleBusiness briefs: Apple plans to move jobs back to the US | Hector Sants ‘in...
Apple chief executive Tim Cook has unveiled plans to produce one of the group’s existing lines of Mac computers in the US next year. In an interview with Bloomberg Businessweek, he said the company,...
View ArticleBerkeley reinstates dividend as profits jump 41%
Housebuilder Berkeley today said shareholders are in line for their first dividend in almost five years as it reported a jump in first-half profits and sales. The group, which is focused on the south...
View ArticleJohn Lewis sees sales rise 9.3% despite Scottish declines
Department store group John Lewis has reported a 9.3 per cent increase in weekly sales, although all three of its Scottish branches suffered a decline in business.The employee-owned retailer said sales...
View ArticleGerman growth prospects downgraded
Germany’s central bank has slashed its 2013 growth forecast to 0.4 per cent, from a previous prediction of 1.6 per cent, amid continuing concerns about the health of Europe’s largest economy.The...
View ArticleGreen Investment Bank names chief risk officer
The Edinburgh-based Green Investment Bank (GIB) has appointed Peter Knott, former head of operational risk at banking giant Standard Chartered, as its chief risk officer.Knott, who qualified as a...
View ArticleScottish Business Briefing - Friday 7 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. BANKINGStandard Chartered facing extra $330m...
View ArticleJobless total in US tumbles to four-year low
Unemployment in the US has fallen to a four-year low after “superstorm” Sandy failed to halt a stronger-than-expected rise in hiring last month.UNEMPLOYMENT in the US has fallen to a four-year low...
View ArticleMarkets: Meagre share price rise born in the USA
NEWS that the US economy was still creating healthy numbers of jobs in November helped the London market edge higher yesterday.However, economists warned that the figures from across the pond may be...
View ArticleBusiness news in brief: Carduus | Chisholm Hunter | Diageo
FRANK Blin, the former head of PWC Scotland, has joined social housing bond company Carduus as a non-executive chairman.The Scottish firm, which is set to launch a £200 million Scottish Housing Bond in...
View ArticleThreat of triple-dip recession fails to unsettle industry’s optimists
BRITAIN’S manufacturing sector has the potential to recover, business leaders yesterday insisted, despite a shock fall in output raising the spectre of a “triple-dip” recession.Official figures...
View ArticlePeter Vardy steps on gas to grow its presence in Aberdeen
CAR dealership Peter Vardy is significantly increasing its presence in Aberdeen with a clutch of acquisitions which will see it sell Jaguar, Land Rover and Porsche marques in the Granite City.The deals...
View ArticleAston Martin to spend £550m
Luxury carmaker Aston Martin is to direct some £500 million towards products and technology after a new shareholder confirmed it would invest £150m in the firm, taking a stake of 37.5 per cent.European...
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