Company News Archive

Robertson, the construction to facilities management group, has been awarded a £8.3 million contract from Clackmannanshire Council for the design and build of the new Redwell Primary School at Alloa West.

CO-OPERATIVE Bank has pulled out of new lending to business, it has emerged, just weeks after its credit was downgraded to junk status and it withdrew from a deal to snap up 632 branches from Lloyds Banking Group.

Department store John Lewis described trading for the week to last Saturday as solid, with a sales increase on the previous year of 8.8% to £64.97 million.

ANYONE who followed the long fight over the proposed bypass in Aberdeen might have been forgiven for pinching themselves at the news the other day.

NORTH Sea-focused Bridge Energy is in the market for more acquisitions after increasing production by 27% in the first quarter.

PLEXUS Holdings, the Scottish oil and gas well technology firm, has won a £1 million order from Gaz de France for kit that it will use in its North Sea exploration and production work.

IT still makes "commercial and strategic sense" for soft drinks company Britvic to merge with Irn-Bru maker AG Barr, according to a leading analyst, despite the Hertfordshire company's move to distance itself from a deal.

ANY attempt by Irn-Bru owner AG Barr to rekindle its planned reverse takeover of rival Britvic will be on much less favourable terms, if it happens at all, the England-based company has signalled.

The new banking regulator has given Lloyds Banking Group and Royal Bank of Scotland (RBS) the green light to bolster their capital positions without asking shareholders, investors or the taxpayer for more cash.

THOMAS Taylor, the Glasgow-based lawn bowls supplier and manufacturer, is gearing up to expand sales overseas after securing a new funding package from Bank of Scotland.

PERTH-based energy giant SSE has launched a claim likely to total tens of millions of pounds against German construction company Hochtief regarding a rockfall that halted generation at its Glendoe hydroelectric scheme near Loch Ness for three years.

VERTU Motors, the car retailer with eight dealerships in Scotland, is on the hunt for acquisitions north of the Border after announcing plans to raise £50 million in new equity funding.

John Menzies has chalked up another major contract renewal in its traditional newspaper and magazine distribution business.

MARKS & Spencer chief executive Marc Bolland has insisted he is determined to see through the overhaul of the UK's biggest clothing chain after it posted a 5.8% fall in underlying pre-tax profit to £665.2 million.