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   Web Issue 3207 July 23 2008   
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ProStrakan closer to launch of male menopausal cure after trial success
ProStrakan, the Borders-based specialist drugs firm, yesterday said it had successfully completed a clinical trial for Fortigel as part of the push to launch its cure-all for male menopause in the US.
By MARK SMITH, Deputy Business Editor

Drinks firm keeps it in the family
A fifth-generation member of the Grant Gordon distilling dynasty has been appointed to be the new chairman of William Grant & Sons.
1 comment
By MARK WILLIAMSON

Next shares rise after upbeat forecast
Fashion chain Next today said the warmer weather had boosted trading as it looks to recover from a difficult start to the year.

Carphone Warehouse in £1.1bn deal with Best Buy
Carphone Warehouse today announced plans to create a European consumer electronics empire after striking a £1.1 billion deal with US group Best Buy.

Rebellion over £3.5m for ‘inspirational’ Weir chiefRebellion over £3.5m for ‘inspirational’ Weir chief
Almost 15% of shareholders in Weir, Scotland's largest engineering group, yesterday expressed their displeasure at a plan to pay the company's chief executive Mark Selway an extra £3.5m to stay.
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By MARK SMITH, Deputy Business Editor

Manufacturing drop puts new pressure on interest rates
Bank of England rate-setters came under more pressure to cut borrowing costs today after a surprise fall in manufacturing output in March.

Thoresen focuses on Aegon despite Standard Life link
Aegon UK, the Edinburgh-based insurer, has posted a flat performance in new life and pensions business for the first quarter, but says its better product mix has helped shield it from stock market volatility.
1 comment
By SIMON BAIN

Spending data could measure Scots GDP
The Scottish Government could improve the reliability of official estimates of economic growth by using measures based on the expenditure of key groups including consumers and business, a study says.
By MARK WILLIAMSON

Manufacturing output data adds to MPC rates dilemma
UK manufacturing output tumbled unexpectedly and at its fastest pace for six months in March, according to official figures which yesterday added to the headache faced by the Bank of England's Monetary Policy Committee as it deliberated over interest rates.
By IAN McCONNELL, Business Editor

Ethics tops the agenda at BAE annual meeting
Ethics is a difficult subject for any arms company to discuss, but controversial UK defence manufacturer BAE Systems yesterday made it the central subject of its annual meeting.
By TIM SHARP

Co-operatives put forward as key drivers of economy
Boosting the role of co-operative businesses in the economy could help Scotland compete with her fast-growing rivals, John Swinney said yesterday.
By SIMON BAIN

Rok tackles £3m revamp of historic Raasay House
Inverness builder Rok has been awarded a contract by Highlands and Islands Enterprise (HIE) for a £3m refurbishment of historic Raasay House where diarist James Boswell and essayist Samuel Johnson stayed during their celebrated "Tour of the Hebrides" in 1773.
By DAVID ROSS, Highland Correspondent

Owners of small firms anticipate tough time as funds squeezed
Most owners of small businesses in Scotland think life is about to get harder for start-ups, according to research which suggests the picture is bleaker in other parts of the UK.
1 comment
By MARK WILLIAMSON

Global nature delivering growth, Rolls-Royce chief tells shareholders
Sir John Rose, chief executive of Rolls-Royce group, delivered an upbeat trading statement yesterday, saying he expects underlying sales and profits to increase in 2008 and sees all four of its businesses growing during the year.
By DOUGLAS HAMILTON

Aberdeen Asset awaits clarity on tax status
Aberdeen Asset Management has refused to rule out shifting its official headquarters from its home city until the government clarifies the tax position of foreign earnings.
By TIM SHARP

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