THE oil industry has criticised as "perplexing" the Government's decision to proceed with a tax clampdown on oil services while making another attempt to support investment in the North Sea's most difficult fields and backing a review intended to extend the life of the sector.
J SAINSBURY chief executive Justin King has dismissed recent price cutting plans unveiled by its rivals as little more than the normal cut and thrust of the sector as its 36 quarters of sales growth came to a sharp halt.
THE Glasgow company charged with the task of kitting out the volunteers, technical and security officials, and Queen's Baton Relay baton-bearers for this summer's Commonwealth Games has announced a hike in profits.
NORTH Sea cost increases and exploration reverses have taken a heavy toll on Cairn Energy, which has posted a $1.1 billion (£660 million) loss and shelved share buy backs amid a tax dispute in India sending its shares plunging.
SCOTTISH outdoor clothing specialist Jacobs and Turner, the company behind the Trespass brand, has highlighted tough market and economic conditions but expressed confidence about its future prospects, after hiking profits in its last financial year.
GLASGOW-based Smart Metering Systems (SMS) has taken on extra office space in Glasgow after a big increase in its workforce over the past year as it recorded its fastest rate of expansion in the firm's history.