Glasgow Rangers and Heart of Midlothian football clubs are among five smaller Scottish businesses to be recognised in the first CommunityMark awards, developed by Business in the Community.
Clackmannanshire-based Omega Diagnostics has returned to profit thanks to the takeover of a food intolerance specialist and is determined to stay on the acquisition trail despite the market downturn.
Bradford & Bingley shares fell by 16% yesterday to close at a record low of 42p, well below the 55p a share it is seeking in its increased £400m rights issue.
Scotland's builders have demanded government help in restoring industry morale after it was revealed that 60% of construction firms are concerned about the impact of a faltering economy on their businesses.
The pension fund for workers at Rosyth Royal Dockyard soared to a £4.3m surplus last year, just months after industrial unrest over increased contributions by workers.
Analysis: Shares in the UK’s leading
housebuilders are falling faster than a jerry-built bungalow, and City analysts say there is no end in sight to the bad news that has rocked the sector in past months.
I have not felt as depressed about the domestic and global economic outlook for many a long year. Discussion is now turning to the vexed question of who is to blame.
Former rag-and-bone company John Lawrie Group last year turned over £81m and saw operating profits surge 10% to £4.5m as it capitalised on North Sea oil rig decommissioning and expansion overseas.
SME Focus: In this week’s SME Focus, a veteran entrepreneur and former wordsmith for The Wombles explains why he decided to launch an upmarket furniture venture just as the credit crunch started to get nasty.
Brewer Heineken is set to restate profits for Scottish & Newcastle by up to 10% after discovering discrepancies in the groups accounts, it was reported today.
Bradford & Bingley's shares fell 18% yesterday after a US investor abandoned a scheme to rebuild the capital cushion of the UK's
largest buy-to-let lender.
The price of black gold fell from near-record highs yesterday as geopolitical tensions eased after Iran said it had given a "constructive" response to the incentives package offered by six world powers aimed at resolving a stand-off over Tehran's
disputed nuclear ambitions.
The battered UK housebuilding sector suffered another blow yesterday when Barratt Developments and two other firms said they planned to cut more than 1200 jobs as they push for cost cuts to endure a rapidly worsening market.
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