Oil stocks help Footsie recover from Fed disappointment

12:47am Thursday 13th December 2007

DOMINIC LAU LONDON Britain's leading share index closed higher yesterday, recovering from earlier losses, after major global central banks, including the US Federal Reserve, announced steps to ease liquidity tensions.

Private equity is a ‘force for good’ claims Schwarzman

12:01am Tuesday 27th November 2007

Stephen Schwarzman, one of the private equity industry's biggest players, has taken his fight for his sector's reputation to the Confederation of British Industry, telling delegates that private equity was a "force for good".

Scots jobs slowdown continued in October

12:30am Monday 19th November 2007

The emerging slowdown in the Scottish jobs market continued in October, with employment and average pay all rising at a weaker pace than the previous month.

UK firms increase spend on R&D by 9%

12:13am Monday 12th November 2007

UK companies spent almost £21bn on research and development last year, an increase of 9% on the previous 12 months, a study by the Department of Trade and Industry revealed today.

ScotAirways’ pre-tax losses treble after ‘a difficult trading year’

12:41am Friday 9th November 2007

ScotAirways, the niche airline that was 90% owned by Stagecoach founders Brian Souter and Ann Gloag until they sold it back to its founders, has almost trebled its losses after "a difficult trading year".

Winter chill for kiltmaker

12:27am Thursday 11th October 2007

A dip in sales over last year's festive season dented annual profits at Macnaughton Group, one of Scotland's biggest kiltmakers. However, the group has since bounced back and remains confident of future growth, despite the market gloom which has brought many Scottish textiles businesses to their knees.

Highland Spring full-year profits sparkle

12:24am Monday 8th October 2007

Highland Spring, the iconic Scottish mineral tipple owned by the Al Tajir family of Dubai, yesterday unveiled buoyant profits for 2006 calender year.

Optos eyes 30% growth in year of big breakthroughs

12:01am Friday 28th September 2007

Optos, the Scottish eyecare specialist and rising technology star, yesterday forecast an annual growth surge of almost 30% for its full-year results at the end of November.

ProStrakan in receipt of lion’s share of milestone payment

12:01am Friday 28th September 2007

Prostrakan, the Borders-based specialist pharmaceutical group, yesterday said it had received the lion’s share of the third antibody milestone payments from Swiss pharmaceutical giant Novartis, worth $1.5m.

Sigma Capital boosts first-half pre-tax profits 76% to £1.6m

12:01am Friday 28th September 2007

Sigma Capital, the Edinburgh-based venture capital group which has this year attracted high-profile investors to its sustainable energy funds, has reported a 76% rise in interim profit to £1.6m.

Wiseman confident on interim results

12:01am Friday 28th September 2007

Robert Wiseman, the Scottish dairy giant, yesterday said it expected its first-half results to be in line with its forecast, in spite of a slow recovery in margins and “intense competition”.

Greaves raises its game

12:59am Thursday 27th September 2007

Glasgow retail mainstay Greaves Sports, a city fixture since the 1930s, has reported an improvement in its trading performance.

Scottish bakery acquisitions are icing on cake for Finsbury Foods

12:28am Wednesday 19th September 2007

Cakes and bread manufacturer Finsbury Foods, which has snapped up four Scottish bakeries in the last two years, posted record results yesterday and said it is well placed to ride out soaring dairy and flour costs.

Dell Scotland’s pilot steps

12:47am Tuesday 4th September 2007

The man who brought computer giant Dell to Glasgow two years ago is stepping down.

Soapbox

12:01am Monday 3rd September 2007

The recent gable collapse in Wilton Street, Glasgow was an unfortunate but not isolated event. Another gable collapsed in the West End earlier this year. Indeed, in recent years a working student from the antipodes was killed by falling masonry in Edinburgh. What is happening?

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