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Day: 7 January 2015

Jobs expected to go at USC warehouse in Ayrshire after owner Mike Ashley orders stock to be moved south

Food enjoys record Christmas week sales

More fashion flops for troubled M&S boss

Marks & Spencer boss Marc Bolland’s hopes of recovering ground in the fashion stakes suffered a further setback because of continuing problems at its Midlands distribution centre. Sales in itsRead More

Nucleus hits £8 billion funds milestone

David Ferguson
Nucleus, the Edinburgh-based wrap platform, has hit a new milestone in assets under administration. The company broke through £8 billion on 28 December following an intense period of record inflows.Read More

New partner at Scott-Moncrieff

Wemyss Stewart, who has worked for Scott-Moncrieff for 16 years, has been appointed a partner of the firm. She provides advice to owner-managed commercial businesses, such as tax planning, accounting systems andRead More

Online and telephone based Charter Savings Bank will become new challenger bank after receiving regulatory approval

Comment: by Terry Murden

Bank failings are a lesson on boardroom behaviour

Terry
The alarming account of the Bank of England’s poor response to the financial crisis is another story of a supervisory body not doing what it is paid to do. TheRead More

Controversial movie The Interview has become Sony’s biggest selling online film, raking in $31 million

New car sales hit a 10-year high in 2014 and should reach similar level this year, says Society of Motor Manufacturers and Traders

New Aggreko CEO Chris Weston unveils two contract wins in first week in job; will mean small rise in 2014 trading profit

CEO Coupe says trading is challenging

Sainsbury’s signals start of new price war as sales dip

Price cutting by the supermarkets has impacted on trading figures at Sainsbury’s which today announced a slight fall in revenue over the Christmas period. Sales on a like-for-like basis excludingRead More