Category: BUSINESS!

Scottish private sector economy stagnates, sheds jobs at fastest pace since November 2010

THE Scottish private sector economy stagnated in April, following two months of contraction, but employment fell at the fastest pace since November 2010, a survey has...

Rolls-Royce boss insists turnaround remains on track

ROLLS-ROYCE boss Warren East revealed first half profits would only be near break-even in a "challenging year" for the group, but insisted its turnaround was...

John Phelps’s portfolio

Greenock-based British Polythene Industries provided a sparkling exception last week when most of our share tips were hit by profit-taking after enjoying good trading...

Rainbow housing alliance rallies to buyers and renters

A rainbow alliance has emerged ahead of this week’s Holyrood elections focused on a big issue: housing. The private housebuilders’ group Homes for Scotland,...

First Milk updates farmer members on turnaround progress

Twelve months into the turnaround of the farmer-owned co-operative First Milk, CEO Mike Gallacher and the First Milk Board have been briefing co-op members at meetings...

Royal Bank of Scotland slumps to £968m first-quarter loss

Royal Bank of Scotland has reported a first-quarter pre-tax loss of £968 million – more than double last year's figure of £446 million. The loss...

Aggreko directors quizzed on living wage, earthquakes and Russia

QUESTIONS about the living wage, earthquakes and Russia were among those put to directors of energy rental business Aggreko at yesterday’s annual meeting as it...

Launch date for new NHS 24 technology cancelled again

THE launch of a new IT system at NHS 24 – which is already three years late and £50 million over budget – has been delayed again after running into...

Edinburgh-based BenRiach Distillery Company sold for 285m to Jack Daniel’s owner

WHISKY entrepreneur Billy Walker has netted almost £100m for his family after selling the BenRiach Distillery business, which he launched with an investment of...

ScottishPower fined £18m for ‘customer service failings’

ScottishPower has been fined £18 million by regulator Ofgem for customer service failings. The energy firm "failed to treat its customers fairly" when...