THE collapse of sales to the hospitality trade during lockdown has resulted in soft drinks giant AG Barr wiping £10 million from the value of its Strathmore water brand and cutting staff at its Forfar manufacturing site.
The £10m write-down on the brand and assets of Strathmore contributed to first-half profits at Barr plunging by 62.2% to £5.1m.
Highland joinery firm IBI turns landmark food-stop site near Inverness into HQ as it eyes further expansion https://t.co/cQ1MjFcsUD
— HeraldScotland (@heraldscotland) September 27, 2020
A Highland joinery business has purchased and refurbished what was a popular food stop near Inverness to create its new head office, having secured a £255,000 funding package from Royal Bank of Scotland.
The UK’s financial watchdog has put forward proposals to end practices that result in returning customers paying more on their car and home insurance premiums than those purchasing a policy for the first time.
The landmark Guildhall office building in Queen Street in Glasgow has been acquired for £30 million by Maya Capital.
A Glasgow-based property developer has struck a deal with an investment partner to acquire a disused railyard at Haymarket, where it will consider options to participate in the multi-million-pound rejuvenation of the area.
A prominent building in the heart of Glasgow’s International Financial Services District has been sold in one of the biggest office deals outside of London since the start of the Covid-19 pandemic.
Scottish gin distillery cheer over supermarket link-up worth £2m https://t.co/l335fmqu6Y
— Herald Business (@_HeraldBusiness) September 25, 2020
A Scottish distillery has this week hailed a significant new supermarket deal.
Clydesdale Bank owner Virgin Money has said it expects to sign up another 100,000 small and medium sized enterprise customers after winning support under a controversial scheme to boost competition in the sector.
Ian McConnell: Pandora’s box of Brexit woe as Biden and Pelosi intervene
Mark Williamson: Changes in pensions industry bode ill for jobs
Scott Wright: What hope is there for retail when even John Lewis toils?
And finally ... from the bulletin: Plan to demolish offices for 'major development' in Edinburgh New Town | Supermarkets face £3.1bn in EU tariffs | Yodel to recruit 3,000
📊Business Bulletin:
— Herald Business (@_HeraldBusiness) September 25, 2020
📊Plan to demolish offices for 'major development'
📊Supermarkets face £3.1bn in EU tariffs
📊Yodel to recruit 3,000
➡https://t.co/9CpCzLkmSa#realestate #brexit #deliveryservices pic.twitter.com/SifhwvZM4B
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