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Daily Business

Daily Business

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Tuesday, 24 May, 2022
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  • Opinion
  • Sport
  • Scotland face Ukraine on wave of emotion

  • Stamp Free

    Stamp Free valued at £4m in latest funding round

  • Struan Stevenson

    Holyrood must get a grip on the bad bets

  • Terry Murden

    Pay claims driven by the old ‘us and them’ grievance

  • Rangers celebrate Scottish Cup win 2022

    Rangers turn Europa agony to Hampden joy

  • ISG Princes Street Hotel

    Flannels takes former Bhs store in Princes Street

  • Cityroomz

    Orr to lead expansion after swoop on Sleeperz

  • Anatole Kaletsky and John Kay

    Kaletsky and Kay join Edinburgh economics debate

  • Scottish Widows Dalkeith Road

    Flats and offices planned for Scottish Widows site

  • CodeClan partners

    CodeClan adds top employers as partners

Update:
  • Check out our Daily Business Live service… all the day’s breaking news as it happens
  • Be first with the breaking stories every day…click here for Daily Business updates from Scotland’s top digital news service

Rail dispute

Aslef to hold talks as RMT ballots for strike action

ScotRail

Recruitment rule

Quarter of new staff face ‘no-jab, no-job’ policy

Vaccination-centre

Virus spreads

First Monkeypox case confirmed in Scotland

Monkeypox

SNIB criticised

Call to reset ‘ill-conceived’ state-backed bank

Willie Watt

Digital postage

Stamp Free valued at £4m in latest funding round

Stamp Free

Work-life balance

Firms wary of four-day week despite rising demand

Office, flexible working

New study

Call for Scottish cities to gain special powers

Glasgow-riverside

First meeting

Sturgeon and O’Neill bond over protocol challenge

Michelle-ONeill-and-Nicola Sturgeon

Retail boost

Flannels takes former Bhs store in Princes Street

ISG Princes Street Hotel

Hotels deal

Orr to lead expansion after swoop on Sleeperz

Cityroomz

App deal

ClearScore buys budgeting platform Money Dashboard

Money Dashboard

Leading thinkers

Kaletsky and Kay join Edinburgh economics debate

Anatole Kaletsky and John Kay

Magazine

Struan Stevenson

Holyrood must get a grip on the bad bets

Ministers need to stop gambling with the economy and apply more stringent boardroom level scrutiny to policy making, says STRUAN STEVENSON

Terry Murden

Pay claims driven by the old ‘us and them’ grievance

AS I SEE IT: Governments get the trade unions they deserve, says TERRY MURDEN

Bill Magee

Crypto needs rules to rein in volatility

TECH TALK: Regulation is urgently needed to stabilise and secure the volatile crypto market, says BILL MAGEE

Reston Station

Reston back on track after half a century

A village in Berwickshire is about to be re-introduced to the railway timetable, writes JULENA DRUMI

Sir Angus Grossart

Obituary: Sir Angus Grossart, investment banker

One of Scotland’s leading business figures leaves a rich legacy, says TERRY MURDEN

Terry Murden

Late call to replace Lord Smith | SNIB and the bottle bank

AS I SEE IT: TERRY MURDEN says Scottish Enterprise is rushing to find a new chairman . . . and asks why SNIB is backing a deposit return scheme

Read All

Most Recent Posts

  • Aslef to hold talks as RMT ballots for strike action
  • Quarter of new staff face ‘no-jab, no-job’ policy
  • Scotland face Ukraine on wave of emotion
  • First Monkeypox case confirmed in Scotland
  • Exciting plans to develop Karma Lake of Menteith


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Markets

Moonpig

Moonpig deal | Kingfisher buyback | Ted Baker update

REFRESH PAGE FOR UPDATES 5pm: Biden lifts market Markets were lifted after US President JoeRead More

  • Nationwide doubles profit | surprise retail uptick

  • Royal Mail warning | Easyjet | SMS | IAG | Begbies Traynor

  • Aviva ‘well positioned’ | Mitchells & Butlers back in profit

Read All

Sport

Scotland face Ukraine on wave of emotion

Steve Clarke unveiled his Scotland squad for next week’s World Cup play-off semi-final against war-tornRead More

  • Rangers turn Europa agony to Hampden joy

  • Johnson ready to take on Hibs challenge

  • Rangers count the cost after heart-breaking loss

Read All

Appointments

Jo Coomber

Coomber joins Parsley Box as marketing director

Parsley Box, the Scottish AIM-quoted ready meals distributor, has appointed Jo Coomber, formerly of theRead More

  • Disruptive tech veteran Aubrey takes DeepMatter chair

  • Logan Energy hires former NATO chief of staff

  • Hospitality spokesman Montgomery joins Fusion

Read All

Brand News

Karma-Lake-of-Menteith

Exciting plans to develop Karma Lake of Menteith

A beautiful country hotel in a truly idyllic Scottish location which has become the latestRead More

  • Sandstone launches residential REIT in Edinburgh

  • Urquharts offering opportunities for young talent

  • Sweeney brothers hunt for opportunities

Read All

Business services

George IV pub

Planning rules may be eased on seating and EV chargers

Rules could be eased around outdoor restaurant seating, electric vehicle charging and converting buildings toRead More

  • Macleod takes chair at Archangels syndicate

  • Office supplies entrepreneur Tom Flockhart dies aged 73

  • Scottish Water bonuses ‘obscene’ as customer bills rise

Read All

Careers & Management

CodeClan partners

CodeClan adds top employers as partners

Digital training academy CodeClan has added travel search site Skyscanner, Sainsbury’s Bank, and media organisationRead More

  • Johnson calls for 91,000 civil service job cuts

  • Aviva boss: end to sexist behaviour is ‘long way off’

  • Half of decision makers regret new hires 

Read All

Company finance

Jonathan Reynolds

Four out of five firms suffer hit from NIC increase

Four out of five employers (81%) say the increase in national insurance contributions has had aRead More

  • Late payments rise amid cost of living squeeze

  • HMRC targeting directors in VAT fraud crackdown

  • Bank lending to small firms at all-time low, says FSB

Read All

Construction

Bellway Homes

Bellway doubling sites to add 1,900 homes

Bellway Homes is to significantly expand its presence in the west of Scotland with theRead More

  • Wood succeeds Barclay at Homes for Scotland

  • Countesswells development offered for sale

  • Home buyers undeterred by cost of living says Milne

Read All

Consumer & Retail

THG

Rivals weigh up takeover offer for Moulding’s THG

Shares in ecommerce group THG rose today on the back two potential bids for theRead More

  • M&S urges Sunak to reject online sales tax plan

  • Ofgem proposes quarterly price cap review

  • Zara’s online return fee may boost high street

Read All

Deals & Enterprise

Alan-Jones-Jacqueline-LawManaging-Partner-Aberdein-Considine-Dianne-Paterson-Euan-McSherryPartner-and-Head-of-Edinburgh-Office-Aberdein-Considine

Aberdein Considine merges with Russel + Aitken

Alan Jones, Jacqueline Law, Dianne Paterson, and Aberdein Considine partner Euan McSherry Aberdein Considine isRead More

  • Payments tech firm ePOS raises crowdfund target

  • Bio firm raises funds for animal disease technology

  • Biopharma firm Elasmogen raises £8m for drugs pipeline

Read All

Economy

Rishi Sunak

Firms urged to invest in face of tough few months

Rishi Sunak has told business leaders he will cut taxes to encourage them to “investRead More

  • Eustice reassures Scots firms over NI protocol

  • Action demanded as inflation at 40-year high of 9%

  • Jobless at 48-year low, but wages also fall

Read All

Energy

Maersk oil field

Sunak issues new windfall tax warning to oil firms

Energy companies could still be hit with a windfall tax unless they invest in growingRead More

  • Drax submits plan for £500m hydro station

  • READ and HydraWell merge to build oilfield role

  • Shell to sell Russian petrol stations to Lukoil

Read All

Entertainment

Karush-celebrate-victory

Zelensky vows to host Eurovision ‘one day’ in Mariupol

President Volodymyr Zelensky of Ukraine has vowed to host the Eurovision Song Contest in theRead More

  • Aberdeen-based police drama to air on BBC

  • Edinburgh Tattoo returns to inject £77m into city economy

  • Oscars hit by Smith’s altercation over Rock’s joke

Read All

Environment

Bottle return

SNIB backs body behind deposit return scheme

The Scottish National Investment Bank has injected £9m into Circularity Scotland, the body set upRead More

  • Levenseat invests £4m after buying recycling facility

  • Ex-bus boss Robertson to chair recycling firm NWH

  • Filshill in green hydrogen talks with ScottishPower

Read All

Events & Awards

Liz Cameron

Business leaders to mark Scotland’s global impact

Scotland’s contribution to the world economy will be celebrated next month at a dinner forRead More

  • Technology winners champion societal issues

  • Sports writers body ‘sorry’ after women’s walk-out

  • Scotland hosts world forum for inward investment

Read All

Finance & Law

Tom Slater

SMIT sticks to portfolio but sells down Amazon

Scottish Mortgage Investment Trust manager Tom Slater said it is reinvesting capital from Amazon asRead More

  • Abrdn chair says rebrand was created internally

  • Flett makes switch to McKee Campbell Morrison

  • KPMG hit with record fine for misleading watchdog

Read All

Food & Drink

Andy Murray of Drinks Bakery

Drinks Bakery wins listing in 230 Waitrose stores

A firm making biscuits to complement a range of drinks has secured a seven-figure listingRead More

  • SNP’s Brock admits ‘good news’ for exports to EU

  • Ferovinum in £100m whisky funding venture

  • Food and drink firms fill Covid and Brexit void

Read All

Industry

Leith Howarth

STATS eyes Australia after sale to Aussie group fails

Pipeline technology specialist STATS (UK) aims to follow up the collapse of its sale toRead More

  • Grant Westfield acquired by Norcros in £80m deal

  • FRC probes auditor behind Gupta steel empire

  • Aston Martin replaces chief executive Moers

Read All

Logistics

lorry

‘Unfit’ road sees freight diverted from Scottish port

Hauliers are diverting traffic from a Scottish port because of the poor standard of theRead More

  • Belfast firm wins Stornoway terminal contract

  • Delivery drivers’ pay surges as demand rockets

  • Menzies agrees terms of £571m Kuwaiti takeover

Read All

Media & Creative

Katie Spence

Spence makes switch from council to Beeline PR

Beeline PR has appointed Katie Spence from Edinburgh City Council as senior account manager. SheRead More

  • Freddy Johnston, newspaper veteran, dies aged 86

  • Record group Reach ramps up action to combat cost rises

  • Twitter accepts Musk’s $44bn takeover offer

Read All

Money

Sunak-and-Povlsen

Sunak debuts in rich list as Povlsen holds top Scots spot

Rishi Sunak, the Chancellor, has become the first frontline politician to appear in the annualRead More

  • Banks forced to protect local access to cash

  • Brit wins £184m to become biggest lottery winner

  • Scotland’s cryptocurrency heads for trading debut

Read All

Politics

Sunak and gas

Chancellor to cut tax and offer help with energy bills

Rishi Sunak is planning tax cuts in the autumn and further help for households strugglingRead More

  • SNP claims ‘no Brexit benefit’ despite salmon surge

  • Truss outlines bill to rip up Northern Ireland protocol

  • Ferry emails found but MSPs demand more answers

Read All

Property

Scottish Widows Dalkeith Road

Flats and offices planned for Scottish Widows site

Plans have been unveiled to modernise the former Scottish Widows offices in Edinburgh and buildRead More

  • Plans submitted for Merchant City apartments

  • Executive team changes at Wheatley Group

  • TOCA Social brings gaming and US dining to Edinburgh

Read All

Technology & Health

Rebecca Goss

X-Genix in talks to bring drugs process to market

Rebecca Goss: exciting juncture A St Andrews biotech startup is in talks with top globalRead More

  • Stellar Omada adds 50 tech staff amid fast growth

  • University startup OGI Bio raises £1m for new lab

  • Lyon guides KultraLab’s AI product hub to Scotland

Read All

Telecoms

Vodafone

Abu Dhabi firm Etisalat swoops on Vodafone shares

Abu Dhabi telecoms giant Etisalat has snapped up almost 10% of Vodafone in a £3.6Read More

  • Crypto crash | Vodafone and Three merger talk | FTSE 100 sinks

  • BT in Warner Bros sports venture as divi restored

  • Leitch ‘comes home’ to take CFO role at Commsworld

  • Openreach adds 500 jobs in broadband boost

Read All

Tourism & Leisure

Edinburgh airport

Edinburgh Airport 26% down on 2019 traffic

Edinburgh Airport handled almost a million passengers in April, though this was 26% fewer thanRead More

  • BAM wins contract for W Hotel in St James Quarter

  • Premier Inn owner restores dividend as trade picks up

  • Fairmont plans ‘world class’ championship golf course

Read All

Transport

ScotRail

Gilruth urges unions to engage in talks with ScotRail

Scottish Transport Minister Jenny Gilruth today urged the rail unions to get back around theRead More

  • ScotRail cuts third of services in driver pay row

  • Ryanair looking to ‘reasonable profitability’

  • Heathrow to make loss despite passenger surge

Read All

Updates & Results

Rishi Sunak

Jobless at 48-year low | Vodafone | Shanghai reopening

REFRESH PAGE FOR UPDATES 9.45am: Musk in fresh Twitter warning Elon Musk has again stated thatRead More

  • Nat Express holds Stagecoach terms | Greggs pressure

  • Musk sparks panic over Twitter doubts | FTSE 100 leaps

  • ITV confident in ITVX | Compass | Brewin Dolphin | Tui

Read All

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