STAYING OPEN: A £515million investment package will consolidate works at St James’s Gate

Guinness selloff to net £396m

HALF of the world-famous home of Irish stout Guinness is to be sold off, with 250 jobs axed at two of its sister breweries under plans announced by owner Diageo yesterday.

Published: 10/05/2008

William Wordie: Aberdeen downgraded

Banks and miners in retreat as Footsie slips

LONDON’S blue-chip share index shed more than 1% yesterday after soaring oil prices and losses for heavyweight sectors undermined trading.

Published: 10/05/2008

Oil and gas keeping Aberdeen economy strong

Clydesdale Bank’s chief operating officer, David Thorburn, says Aberdeen is more sheltered from economic woes than any other part of the UK in which Clydesdale and stablemate Yorkshire Bank operate, largely thanks to the buoyant oil and gas industry.

Published: 10/05/2008

Another Olympic win for Scottish power provider

Scottish temporary-power firm Aggreko has landed a large and prestigious contract for two big international sports events.
Published: 10/05/2008

Overhaul music to HMV’s ears

Entertainment retailer HMV confirmed yesterday it was one of the high-street winners from the past year after a group-wide overhaul lifted like-for-like sales 7.3%.
Published: 10/05/2008

Bid to block Dobbies cash call

Garden centre chain Dobbies is set for a legal clash with billionaire entrepreneur Sir Tom Hunter over its plans to raise £150million from shareholders.
Published: 10/05/2008

Good Natured Fruit brings Angus grower top food prize

A pioneering strawberry and raspberry grower lifted Scotland’s top food award last night.
Published: 09/05/2008

OTC delegates head home in buoyant mood

Scottish business people are on their way home from the US after another successful visit to the world’s biggest oil show.
Published: 09/05/2008

No surprises as bank keeps UK base rate at 5%

Scottish business leaders and economists got what they had expected yesterday, when the Bank of England said interest rates would stay at 5% for at least another month.
Published: 09/05/2008

Offshore workers ‘eyes and ears’ of industry

EVERYONE working in the offshore oil industry has a part to play in driving up safety standards, delegates at a conference in Edinburgh were told yesterday.
Published: 09/05/2008

Plant grant a burning issue for mill boss

A BLACK Isle sawmill owner who produces wood chips for biomass boilers says he may be forced to close once a new £25million wood-processing plant opens in Easter Ross.
Published: 08/05/2008

Still room for growth at hotel operator

INTERCONTINENTAL Hotels Group said yesterday that growth in revenue of 3.5% per available room in the first quarter of 2008 was solid given the adverse impact of the timing of Easter.
Published: 08/05/2008

Steady start for life and pension provider in tight market

Aegon UK has announced a solid 2008 first-quarter performance with new life and pension business matching the same level as the first quarter of 2007, despite tougher market conditions.
Published: 08/05/2008

Soaring oil price could cost budget airlines dear

Budget airline easyJet said yesterday that soaring fuel costs caused half-year losses to more than double and added that rocketing oil prices would put many carriers out of business.
Published: 08/05/2008

Rank boost from Mecca bingo north of border

Gaming firm Rank said yesterday its Mecca bingo halls in Scotland had bucked a downward trend in trading, year-on-year, seen elsewhere in the UK.
Published: 08/05/2008

North Sea still key to success of Britain’s oil service sector

A British oil-industry leader has stressed the importance of the North Sea to the continued success of the country’s energy service companies in overseas markets.
Published: 08/05/2008

CSL sees significant potential for growth in America

Subsea project-management and engineering company CSL is to open an office in Houston this year as part of its expansion plans.
Published: 08/05/2008

IoD to get insight into renewable energy

NORTH-EAST members of the Institute of Directors (IoD) will hear about the region’s renewable-energy potential during their next get-together in Aberdeen.
Published: 07/05/2008

Amec adds BDR’s expertise to Canadian oilsand operations

Amec has made a strategic acquisition in Canada designed to reinforce its already strong position in helping the extraction of oil and gas from the tar sands of Alberta.
Published: 07/05/2008

£3.5m wins for Aberdeen firm’s Houston office

Aberdeen company Electro-Flow Controls (EFC) sees great growth potential across the Atlantic.
Published: 07/05/2008
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