News archive from 5 July 2013

Japanese contractor takes Xodus shares

PRIVATE equity firm Simmons and Dutch investor Sunrise have sold their stakes in Aberdeen-based energy consultancy Xodus Group to Japanese engineering contractor Chiyoda. Xodus chief executive Colin Manson remained tight-lipped over how much Chiyoda...

Scotsman, 00:03 in Business
 

Sales fall at M&S to raise pressure on Bolland

MARKS & Spencer (M&S) is set to report an eighth consecutive quarterly fall in clothing sales next week, ratcheting up pressure on management to deliver a swift turnaround when new season ranges start hitting the shops later this month. The...

Scotsman, 00:03 in Business
 

Fairness and planning can drive dairy sector

Fair contracts which give farmers confidence to invest in milk production and increase efficiencies will put British dairying in prime position to become an international success story, according to the English NFU. In its vision document for the...

Scotsman, 00:03 in Business
 

UK farm subsidies ‘poor value for money’

A LEADING researcher who yesterday claimed that billions of pounds of farm subsidies were being misspent also said he believed Scottish farming would benefit from future climate change. Professor Ian Bateman of the University of East Anglia claimed...

Scotsman, 00:03 in Business
 

BA first UK airline to take delivery of A380

A HUGE superjumbo flew into Heathrow airport yesterday as British Airways became the first UK airline to take delivery of an Airbus A380 - the world's largest passenger plane. Powered by Rolls-Royce engines and with its wings built in the UK, the...

Scotsman, 00:03 in Business
 
Comment: Carney makes mark with steady hand

Comment: Carney makes mark with steady hand

SELDOM has a Bank of England meeting recommending no change in policy produced such an emphatic reaction. The arrival of Mark Carney as the new governor was always likely to draw extra attention to the monthly session of the monetary policy committee...

Scotsman, 00:03 in Business
 
Brewery cheered by 15% rise in profits

Brewery cheered by 15% rise in profits

BREWDOG directors Martin Dickie and James Watt are "insanely optimistic" about the prospects this year for their Ellon-based micro-brewery, according to accounts filed at Companies House. Turnover increased by 80 per cent in 2012 to £10.7m,...

Scotsman, 00:03 in Business
 
Homeowners happy as Carney plans low interest rates

Homeowners happy as Carney plans low interest rates

NEW Bank of England governor Mark Carney has hinted that interest rates will stay at rock-bottom levels for the foreseeable future, giving hope to homeowners who have been braced for rising mortgage payments. The stock market surged but the value of...

Scotsman, 00:04 in Hot News
 
Scottish independence: Health powers needed - Neil

Scottish independence: Health powers needed - Neil

SCOTLAND must be allowed to "take control of the levers" needed to tackle poverty and cut inequalities, health secretary Alex Neil has said. Speaking ahead of a visit to see new babies in Wishaw to mark the 65th birthday of the NHS, Mr Neil...

Scotsman, 00:04 in Politics
 
Simon Pia: Labour should look to US for answers

Simon Pia: Labour should look to US for answers

THERE is nothing particularly thrawn about the town of Falkirk or indeed its local Labour party. Even its proximity to the Bonnybridge Triangle is purely coincidental, but it does happen to be the epicentre of recurring fault lines in the Labour...

Scotsman, 00:04 in Politics
 
Towns should be the centre of communities’ needs

Towns should be the centre of communities’ needs

FOR many years, urban communities have faced more challenges than opportunities. We have spent the last two years trying to understand those challenges as the economy, public sector capacity and consumer habits all undergo drastic change. So certain...

Scotsman, 00:04 in Politics
 
Juliet Dunlop: Gender respect needed more than ever

Juliet Dunlop: Gender respect needed more than ever

KEVIN Rudd must be worried. After ousting Australia's first female prime minister, laughing at all the sexist jokes, belittling her whenever possible and then taking her job, he's unveiled a Cabinet that's full of women. And just in case anyone...

Scotsman, 00:04 in Politics
 
Scottish word of the week: Bunnet

Scottish word of the week: Bunnet

A word that dates back several centuries, a bunnet is most commonly known as a flat, brimless hat for men (although it did, at one time, refer to a woman's hat as well, as Robert Burns' "To A Louse' attests). The bunnet has survived and thrived...

 
Lux Assure expands with ex-Petrofac director

Lux Assure expands with ex-Petrofac director

A CHEMICALS detection firm in which energy giants ConocoPhillips and Statoil bought stakes earlier this year is expanding into Aberdeen and has picked a senior oil industry figure as its first chief executive. Charles Cruickshank, a former business...

Scotsman, 00:08 in Business
 
Car sales expected to top 190,000 in 2013

Car sales expected to top 190,000 in 2013

INDUSTRY bosses have hiked their expectations for new car sales after private buyers continued to flock to showrooms last month. The Scottish Motor Trade Association (SMTA) said it now expected sales north of the Border to top 190,000 for the year...

Scotsman, 00:08 in Business
 


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