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Day: 27 May 2015

Wed close: FTSE rebounds above 7,000

Stocks rebounding from heavy losses in the previous session, although there were few surprises in the Queen’s Speech to give clear direction. The FTSE 100 closed 1.24% higher at 7,034.9, as traders shruggedRead More

Aberdeen Asset Management is buying US and Hong Kong private equity firm Flag Capital Management, adding $6.3bn in assets

First Minister attacks legislative plan

Sturgeon says Westminster and Holyrood ‘on different paths’

First Minister Nicola Sturgeon launched a tirade of criticism at the Westminster government today, accusing it of failing to meet the needs of Scotland and ignoring her demands for anRead More

Deal helps double Scots firm

Livingston rail fitter acquires fabrication yard

Rail carriage interiors fitter Transcal has acquired the specialist metal fabrication and engineering company Winstanley Holdings. The deal will double the firm’s rail revenue – from a projected £5.5m toRead More

More children have own device

Half UK households now use tablet computers

The tablet computer has established itself as a must-have device in just five years with more than half of British homes now owning one. Apple’s iPad launched in the UKRead More

Foreign buyers get taste for Scotland

£1.1 billion export record for Scottish food

Richard Lochhead
Scottish food exports have surpassed the £1.1 billion mark for the first time, with total food and drink exports valued at £5.1 billion in 2014. The new figures, which haveRead More

New board battle with retail tycoon

Rangers move to curb Ashley’s Ibrox power

Rangers board has agreed to Mike Ashley’s demands to hold a general meeting but has set out plans to limit his influence over the club. The meeting, which will beRead More

Swiss police pounce on hotel meeting

Fifa officials arrested in football corruption probe

Seven Fifa officials have been arrested by Swiss police in relation to an investigation into corruption surrounding football tournaments. It is claimed that more than £100 million changed hands over a periodRead More

Brewin Dolphin sees boost from pensions law

Investment in transforming its business, together with “positive” changes to the savings industry, enabled wealth manager Brewin Dolphin to raise profits for the half year. Chief executive David Nicol (left) said the economic backdropRead More

Sales fall in 'volatile' market

AG Barr confirms £11 million expansion of MK facility

AG Barr headline
Irn-Bru maker AG Barr has confirmed plans to invest £11 million expanding its giant Milton Keynes plant. Daily Business revealed in March that the company wanted to boost  production andRead More