Category: BUSINESS!

Tennent’s owner mulls deals after fall in profits

The owner of Scotland’s best-selling lager said it is well-placed to snap up assets arising from industry consolidation after posting a drop in first-half...

RBS to miss branch sale deadline after posting £469m loss

Royal Bank of Scotland has swung to a £469 million loss in the third quarter and confirmed it will miss its deadline to sell off its Williams & Glyn branch...

CBI chief insists Brexit worries can be addressed

The head of Britain’s biggest business lobbying group has said there is time yet to clarify uncertainties ahead of the March deadline for formally triggering the...

Scotland risks professional ‘brain drain’ outside EU

The prospect of a “hard Brexit”, placing restrictions on the freedom of movement by EU nationals, could have a severe impact on Scotland’s ability to...

Cala books another year of record profits

Upmarket housebuilder Cala has brushed aside Brexit concerns after banking another year of record profits thanks to strong demand in the south of England. The...

RBS to pay out £846m over toxic mortgage securities

Royal Bank of Scotland has agreed to pay $1.1 billion (£846 million) to settle two lawsuits in the US over the sale of toxic residential mortgage-backed...

Diageo backs radical revamp of former Kilmarnock plant

Scotch whisky giant Diageo has thrown its weight behind plans to transform its former Johnnie Walker bottling plant in Kilmarnock into an “urban park”...

Irn-Bru maker to axe 90 jobs as sales lose fizz

The maker of Irn-Bru today said it would be cutting a tenth of its workforce in an efficiency drive as it attacked plans for a “punitive” tax on sugary soft...

Fracking ‘extremely safe’ says Ineos boss as shale shipment arrives

Fracking is “extremely safe”, the boss of Ineos insisted as the first ever shipment of shale gas from America arrived in the UK. Jim Ratcliffe, the founder...

Confidence among small businesses turns negative

Smaller firms are increasingly worried about prospects for the UK economy even though they continue to recruit staff and enjoy greater access to finance, a new...