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Day: 21 January 2015

eBay is to cut 2,400 jobs, 7% of its workforce, despite 12% rise in revenues and is considering an IPO

Seed merchants credited for latest edition

Rare barley inspires new Glenmorangie malt

Bill Lumsden
Glenmorangie has launched it latest limited edition which owes its flavour to a rare quality grain resurrected by two seed merchants. Maris Otter winter barley was first commercially harvested 50Read More

Deutsche Bank & Nomura push back forecasts for interest rate rise to 2016 after unanimous vote by BoE for no change at last meeting

European Central Bank plans £38bn monthly asset buying until end of 2016 to be unveiled tomorrow, say sources

Finance Secretary revises property bands

Swinney bows to 5% homes tax but hikes top bracket levy

Half of homebuyers will pay no tax under revised proposals outlined today by Finance Secretary John Swinney who has caved in to demands for a 5% rate on higher pricedRead More

Loan puts a buzz into social business

Beekeeper creating honey pot around former pit

Bees
A honey-maker and beekeeper has secured government support to convert a former coal mine into Scotland’s first community market garden. Kelvin Valley Honey has already installed beehives at the ScottishRead More

talkholiday aims for 5m members

Ex-Navy man making waves with holiday site

Scottish businessman Chris Newlands is taking holidaymakers into the social media sector by encouraging them to swap gossip via his new online travel venture. Unlike the news or information websitesRead More

New recruits will handle pensions rush

Widows hires 400 staff and sells headquarters in biggest office deal

Scottish Widows
Scottish Widows is recruiting 400 staff to help it cope with the anticipated demand for enquiries over the forthcoming changes to pensions. All pensions companies are reporting a high levelRead More

Drinks firms want Budget action

Distillers across UK unite to call for duty cut

Small distillers have joined the call for Chancellor George Osborne to cut the rate of duty on alcohol which the industry claims will bring more revenue into the Treasury. TheRead More

FirstGroup which has failed to win any of five rail franchise bids says it expects to meet profit expectations for the year