Update:

Day: 20 January 2015

Pressure mounts on Chancellor

Tax help for troubled oil industry ‘now a matter of priority’

Does tycoon have a new plan for Rangers?

Ashley poised to make £117m selling stake in Sports Direct

Oilfield services company Baker Hughes to axe 7,000 jobs, 11% of its workforce

An investment allowance to spur activity in North Sea is “now a matter of priority”, says Alan McCrae, energy tax partner at PwC

Ena Baxter who joined the family food company with her husband in 1952 has died aged 90

Another 300 oil jobs to go as Talisman Sinopec becomes latest to respond to price fall; also cuts contractor rates

Plans for Art Deco banking hall to undergo £60m restoration (See Lifestyle)

Plan will revive rundown city area

£60m restoration proposed for classic Art Deco banking hall

Art Deco RBS bank

Budget airline eyeing APD cut

Ryanair plans more connections to Europe

Business in brief…

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