News archive from 8 March 2014

Shortage of accountants will drive up 2014 salaries

Shortage of accountants will drive up 2014 salaries

Accountants are expecting their salaries to rise this year as a growing skills shortage means employers are fighting increasingly hard to retain key staff. The latest salary guide from recruitment firm Hays shows that two-thirds expect their pay to...

Scotsman, 00:00 in Business
 
Alliance’s savings business into the black

Alliance’s savings business into the black

Alliance Trust's savings business has delivered its first annual profit for eight years after the operation's assets under management swelled by a third. The Dundee-based firm is now planning to invest about £2 million in Alliance Trust Savings (ATS)...

Scotsman, 00:00 in Business
 
US jobs figures cast doubt over further stimulus

US jobs figures cast doubt over further stimulus

BETTER than expected job figures from America have boosted Wall Street, but cast a shadow over UK and European markets worried that it will accelerate the scaling back of key economic stimulus Stateside. US employers added 175,000 jobs to their...

Scotsman, 00:00 in Business
 
Hopes of lower inflation strengthen Bank’s hand

Hopes of lower inflation strengthen Bank’s hand

Expectations of an interest hike in the next 12 months increased in the past quarter despite falling inflation, according to the Bank of England. The bank’s inflation attitudes survey showed that 40 per cent of Britons expect a rate rise over the next...

Scotsman, 00:00 in Business
 
Property market lifts Aga

Property market lifts Aga

Upmarket cooker maker Aga Rangemaster has hailed Britain's resurgent property market as it delivered a rise in annual profits. The firm, which also owns tiling and paint retailer Fired Earth, said the “tide turning” in house sales proved pivotal as it...

Scotsman, 00:00 in Business
 
Steel Engineering jobs saved by CVA

Steel Engineering jobs saved by CVA

Steel Engineering, the largest steel fabricator in the west of Scotland, has been saved after the board agreed a company voluntary arrangement (CVA) with its creditors. The company worked with crisis advisers mlm Solutions to draw up the CVA which...

Scotsman, 00:00 in Business
 
Europe could lose $1tr chemicals sector

Europe could lose $1tr chemicals sector

Europe could lose most of its $1 trillion (£600 billion) chemicals industry within the next decade unless it can overhaul its competitiveness in the face of American and Chinese rivals, Ineos boss Jim Ratcliffe has warned. In an open letter to...

Scotsman, 00:00 in Business
 
App firm Allthings in funding boost

App firm Allthings in funding boost

A DUNDEE firm which has secured customers from as far afield as the US and Japan for its software is aiming to double its headcount this year following a £400,000 cash injection. Allthings, founded last year, created an application that helps users...

Scotsman, 00:00 in Business
 
Service to help Harrogate smokers quit

Service to help Harrogate smokers quit

Advice is on offer for those in Harrogate who need help to quit smoking. National No Smoking day takes place on Wednesday, March 12 and the North Yorkshire Stop Smoking Service, which is run by Harrogate and District NHS Foundation Trust, is reminding...

 
Five tips for investing income

Five tips for investing income

How to maximise your returns. Bricks and Mortar The challenge when seeking income is often to avoid doing so at the expense of capital, and the property market has had a torrid time during the credit crunch. However, with the improvement in the...

 
Inflation and record low rates mean hits savers

Inflation and record low rates mean hits savers

Prospects of an Isa season upturn for savers are receding as banks and building societies mark five years of the 0.5 per cent base rate by keeping cash returns at rock-bottom. Cash savers have lost out on billions of pounds of interest payments since...

 
Online fashion retailer Boohoo valued at £560m

Online fashion retailer Boohoo valued at £560m

FASHION website Boohoo.com has been valued at £560 million after a City fundraising delivered a major windfall for its founding family. The Manchester-based business, which targets the 16 to 24 age range, has secured £300m from investors in a share...

 
RBS awards directors shares of up to £18.25 million

RBS awards directors shares of up to £18.25 million

ROYAL Bank of Scotland yesterday sparked a political backlash by awarding its directors shares potentially worth up to £18.25 million. Although chief executive Ross McEwan has waived his annual bonus for 2013 and 2014, he has been granted a share...

Scotsman, 00:10 in Politics
 
Gazette celebrates picking up top honour

Gazette celebrates picking up top honour

THE Shields Gazette is celebrating after picking up a top honour at its parent company's annual awards. The paper’s publishers, Northeast Press, beat off tough competition from other units across the country to be named Publishing Unit of the Year at...

 

Rangers season ticket holders could foot bill for controversial £1.5m loan

The controversial £1.5million loan taken out by the Rangers board could be repaid using season ticket money, according documents seen by Sportsmail. Laxey Partners, the largest single shareholder at Ibrox, have put forward £1m, while Sandy Easdale,...

Daily Mail, 00:16 in Sport
 


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