Company News Archive

  • Xodus in £1.3m design contract
    Wednesday 15 May 2013

    Xodus has won a £1.3 million contract to complete an engineering design study for Premier Oil's Catcher project in the Central North Sea.

  • SeaEnergy receives £849,000 after sale dispute
    Wednesday 15 May 2013

    SEAENERGY has received more than £849,000 after resolving a long-running dispute related to the sale of its renewables arm.

  • Nish is quizzed over bumper bonus payout
    Wednesday 15 May 2013

    DAVID Nish chief executive of Standard Life, was challenged to say what he would have done without the bumper bonus he earned last year while the company was criticised for its treatment of some policyholders.

  • £9m Glasgow Fort extension to open earlier than planned
    Wednesday 15 May 2013

    British Land has signalled its £9 million development at Glasgow Fort will open earlier than originally anticipated.

  • Babcock profits up 16% as bid pipeline shows strength
    Wednesday 15 May 2013

    SUPPORT services firm Babcock International, which operates the Rosyth dockyard and the Faslane base in Scotland, has reported 6% growth in revenues to £3.2 billion for the year to March 31.

  • Spirited move as Spencerfield signs gin deal
    Wednesday 15 May 2013

    SPENCERFIELD Spirit Company has signed an exclusive distribution deal for its Edinburgh Gin brand with distiller and bottler Ian MacLeod Distillers as it seeks to tap into the growing premium gin market of London and southern England.

  • Jobs risk at DWF Scottish offices
    Wednesday 15 May 2013

    DOZENS of Scottish legal jobs are under threat after DWF launched a redundancy consultation across its Edinburgh and Glasgow offices.

  • Business surge at Scottish Life
    Wednesday 15 May 2013

    EDINBURGH-based pensions house Scottish Life has seen a surge in business in the early months of 2013 after reforms to the financial advisory market abolished commission payments.

  • Betfair braks off talks with CVC
    Tuesday 14 May 2013

    Bid interest in gambling group Betfair ended today after a consortium failed to tempt the company's board with two improved offers.

  • Flybe Scottish routes must be kept, warn business leaders
    Tuesday 14 May 2013

    PROSPECTIVE buyers of air carrier Flybe's 25 take-off and landing slots at Gatwick Airport must ensure routes are maintained to Scotland's biggest cities, business leaders have warned.

  • Campari sales boosted by strong growth in America
    Tuesday 14 May 2013

    DRINKS giant Campari has posted a 12.9% rise in first quarter net sales with strong growth in Americas offsetting a decline in Italy.

  • Engineering company Mowat placed into administration
    Tuesday 14 May 2013

    A SPECIALIST engineering firm has been put into administration after suffering cash-flow problems.

  • Paradigm doubles operating profits
    Tuesday 14 May 2013

    AN oil services business has more than doubled its operating profit on the back of turnover, which soared almost 61%.

  • Anglian rebrands Scots arm
    Tuesday 14 May 2013

    ANGLIAN Water has renamed its Scottish retail water arm to give the company a single identity before the market is opened up for business customers to switch suppliers in England.

  • Johnston Press profits boost fails to stop 4% share price drop
    Tuesday 14 May 2013

    JOHNSTON Press, the Edinburgh-based publisher of the Scotsman and Yorkshire Post, saw its shares plunge 4% despite posting its first rise in operating profits for seven years on the back of cost cutting.

  • ITV secures stake in High Noon reality TV
    Tuesday 14 May 2013

    ITV has snapped up a controlling stake in US reality TV maker High Noon Entertainment for at least £16.7 million as it seeks to bolster its worldwide production business.

  • Vertu offloads truck business
    Tuesday 14 May 2013

    Vertu Motors, which has 96 sales and after-sales outlets in the UK including the Macklin Motors brand in Scotland, has agreed the sale of its loss-making Iveco heavy truck outlets in Bristol, Swindon and Gloucester.

  • Lloyds chief says young people are being put off becoming bankers
    Monday 13 May 2013

    Banker-bashing and the sector's tattered reputation are putting young people off a career in banking, the boss of taxpayer-backed Lloyds Banking Group warned today.

  • Revenues fall at Rank as high-rollers beat the house
    Monday 13 May 2013

    Grosvenor Casinos owner Rank has warned annual results will dip below last year due to freezing weather and the roll of the dice.

  • Lights, camera, action for Vacion tracking system
    Monday 13 May 2013

    A Scottish engineering entrepreneur has launched a range of tracking systems for cameras to capitalise on the boom in video production encouraged by smartphones.

  • RBS and Lloyds to face shareholders after positive results
    Monday 13 May 2013

    Taxpayer-backed Royal Bank of Scotland and Lloyds Banking Group are facing up to investors as the AGM season gets into full swing, while figures are due from easyJet and Currys and PC World parent Dixons Retail.

  • Digital TV installer switches attentions to energy sector
    Monday 13 May 2013

    A CLYDEBANK-based electrical contractor and digital television installer is targeting 10% revenue growth this year by branching out into the energy sector.

  • Rapeseed oil firm growing success
    Monday 13 May 2013

    A GRAMPIAN rapeseed oil producer is looking forward to driving sales at home and abroad after winning three major supply deals.

  • Smarter Grid Solutions launches new headquarters in Glasgow
    Monday 13 May 2013

    SMARTER Grid Solutions, whose software allows electricity distributors to manage grid congestion issues, bring more renewable energy to the grid and cope with the rising electricity demand, launches its new HQ in Glasgow today.

  • Biogas producer secures loan deal
    Monday 13 May 2013

    RENEWABLES specialist Energen Biogas has a new term loan and asset finance package with Barclays.

  • Hemingway set to inspire designers
    Sunday 12 May 2013

    Design guru and founder of the Red or Dead accessories brand, Wayne Hemingway, is in Dundee on Thursday, talking about his career as an award-winning designer for companies including Coca-Cola, Sainsbury's, Sky TV, Sony and McDonald's.

  • Reshuffle at SE as top director steps down
    Sunday 12 May 2013

    JIM McFarlane, the longest-serving senior director at Scottish Enterprise (SE), is to step back from his duties, triggering a high-level reshuffle at the agency.

  • Investment sought for small-scale cinema chain
    Sunday 12 May 2013

    THE entrepreneur who reopened Thurso Cinema is seeking between £6 million and £8m of investment backing to open a chain of small picture houses around Scotland.

  • Scottish Coal liquidation leads to dispute over clean-ups
    Sunday 12 May 2013

    A GROUP of Scottish authorities is threatening legal action to prevent the liquidator of Scottish Coal from abandoning disused open-cast mines, with clean-up bills running to tens of millions of pounds.

  • Lloyds agrees to sell loans portfolio for £325 million
    Saturday 11 May 2013

    Lloyds Banking Group has agreed the £325 million sale of a portfolio of UK commercial property loans to an entity affiliated to America's Cerberus Global Investments, which is chaired by former US vice-president Dan Quayle.