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
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
