BCW Group, the debt recovery firm that employs 300 people in Glasgow, has been acquired by a German media giant in a move that reflects strong international interest in the sector in the UK.
LLOYDS Banking Group discovered Co-operative Bank's capital troubles in December when it examined revised bid proposals for the Verde branches, including Lloyds TSB Scotland, the part-nationalised institution has revealed.
Newhaven, the Scottish creative agency which recently challenged the Scottish Government's procurement policy in court, has given up its independence in a sale to The Leith Agency.
Helius Energy, the listed renewables specialist, says its biomass plant at Rothes in the Highlands is on track to start commercial operations within the next month.
THE union representing ClydeUnion workers is hoping to avoid compulsory redundancies, while politicians have called for meetings with management over plans to cut 160 jobs.
SCOTCH whisky producer Edrington is planning a major investment to increase its distillation capacity, its chief executive has said, as it gears up for further growth in the US over the next 15 years by taking control of its distribution in the marketplace.
Crest Nicholson hailed "strong" progress in its return to the stock market today after Britain's property market bounce helped it to a 76% surge in profits.
THE core of the Co-operative brand remains intact, the group's new Edinburgh-born chief executive Euan Sutherland insisted, despite plans to list its bank's shares on the stock market to plug a £1.5 billion hole in the bank's capital cushion.
ADVISERS working on Aberdeen-based Parkmead Group's planned £15 million takeover of Lochard Energy are set to share fees totalling around £1.2m plus VAT.
JEWELLERY firm Rox is investing £2 million to open its first stores outside of Scotland in a move which is expected to bring in an additional £3m of annual sales.
WORKERS at the Menzies World Cargo arm of Edinburgh-based John Menzies, have said they will announce a strike date in days if the company does not end a pay freeze at Heathrow airport.
SPECULATION about a disposal of Clydesdale Bank by National Australia Bank has re-emerged after group chief executive Cameron Clyne said he will keep an eye on the stock market flotations of Royal Bank of Scotland and Lloyds Banking Group to gauge investor appetite.
19 June 2013
18 June 2013
