Business NewsBusiness News
EasyJet founder steps up attack on carrier over punctuality
EasyJet founder Sir Stelios Haji-Ioannou stepped up his attack on the budget airline yesterday after he threatened to withdraw the rights to the “easy” brand in a row over punctuality.
Consultant ADI relocating to west end
ABERDEEN company Asset Development and Improvement (ADI) is relocating its head office in the city and planning to add another 10 people to its workforce.
ITF funding offered for produced-fluid solution
Global oil and gas organisation the Industry Technology Facilitator (ITF) is offering up to 100% funding for innovative solutions which address the challenges of dealing with produced-fluid management.
Lloyds ends uncertainty over St James’s Place
Wealth manager St James’s Place said yesterday that majority shareholder Lloyds Banking Group had shelved plans to dispose of its stake, ending months of uncertainty that had affected its market value.
Higher prices boost BG GROUP surplus
BG GROUP reported a 19% year-on-year rise in second-quarter underlying profits yesterday, thanks to higher oil and gas prices.
John West in £568m sale to Thai giant
THE UK’s leading canned-fish brand, John West, is to move into Thai hands in a £568million deal.
Talisman making good progress on UK projects
Talisman Energy said yesterday it was making good progress towards producing oil from three UK central North Sea assets.
Ferguson to invest nearly £75m as it expands business overseas
Ferguson Group said yesterday it was planning to invest nearly £75million in the business over three years, with most of the money being spent on further expansion in overseas operations.
Third Rock boss fined over false data
The City regulator handed out its third and final fine yesterday under an inquiry into staff manipulation of mortgage arrears figures at Northern Rock in the run-up to its collapse.
New focus for north talent
Inverness campus is one of the north’s most ambitious and exciting projects for years and Ruaraidh MacNeil is delighted to have been chosen to lead it.
Simmons closes deals worth £649m in difficult year
ABERDEEN-BASED specialist corporate-finance adviser Simmons and Company International revealed yesterday it had closed 20 deals with a total transaction value of £649million in the year to June.
UK retailer optimism hits six-year high
Optimism among Britain’s retailers is at its highest for more than six years as the high street builds on the momentum of the warmer weather and World Cup, the CBI said yesterday.
Sub-prime lender facing austerity hit
Sub-prime lender Provident Financial saw shares come under pressure yesterday after saying the UK Government’s spending cuts could affect its market.
Rise in with-profits value for Standard Life savers
Standard Life said yesterday that the majority of its long-term savings customers had seen an increase in the value of their policies during the past year despite stock market volatility.
£6bn slide in assets under management at Aberdeen
Aberdeen Asset Management reported yesterday that its assets under management had fallen by more than £6billion.
Event to focus on low-carbon investment
AN INTERNATIONAL conference which will aid Scotland’s low-carbon economy by helping projects, technologies and companies to access finance and funding has been backed by the sector.
MSIS extends reach into west Africa
SCOTTISH industrial-cleaning and environmental waste management specialist MS Industrial Services (MSIS) Group has expanded its international presence.
Wm Grants showcases manufacturing best practice
Over 45 manufacturers from across Grampian and the Highlands & Islands came to the GlenFiddich distillery in Moray to see and hear first hand how education, teamworking, and commitment has led to a more orderly and productive factory.
New innovative imaging kit for Aberdeen
Stage and screen actress Susan Hampshire OBE recently launched a new digital x-ray suite, the first of its kind in the world at Aberdeen University.
