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Day: June 10, 2015

The Treasury has sold more shares in Lloyds Banking Group, reducing its stake to 17.9%

Wed close: City awaits Osborne’s speech on banks

London equities bounced back on reports of progress in debt negotiations with Greece and ahead of the Chancellor’s eagerly awaited Mansion House speech. George Osborne is expected to signal an endRead More

Demand high for Victorian arches

New Waverley ready to open up its hidden underbelly

Arches Edinburgh 3
A topping out ceremony took place today for the New Waverley development in Edinburgh’s old town as it was revealed that demand for the arches beneath Jeffrey Street have attractedRead More

Licensing hours ruling closes club

Arches nightclub: ‘no choice but to appoint administrators’

Arches
Troubled Glasgow music venue The Arches has gone into administration after being told it would have to cut back its licensing hours. The board of the venue said that afterRead More

New partner in Glasgow for BLM

Frank Hughes
BLM, the UK and Ireland risk and insurance law business, has expanded its team in Scotland with the appointment of new partner Frank Hughes (left), who joins the Glasgow office fromRead More

Tempest lands supermarket listing

Aldi gets a taste for fledgling Borders brew

Tempest brewery
Fledgling Borders brewery Tempest has landed a six month listing with Aldi after its Long White Cloud was the fastest seller at the Aldi Scottish Beer Festival. More than 1,700 bottles were sold in twoRead More

Stats reveal challenges for government

Heart and lung illnesses lead to higher death rate

A sharp increase in heart and lung related illnesses has led to a significantly higher number of deaths in Scotland. Figures for births, deaths and other vital events registered duringRead More

Buyers offered new cheap loans

Mortgage with less than 1% interest opens new price war

Homebuyers are benefiting from the cheapest mortgages on record as lenders battle for customers with rock bottom rates. Chelsea Building Society is now offering a mortgage with a 0.98% repayment,Read More

Chairman's frank admission on transport firm

FirstGroup profits jump ‘reflects previous poor performance’

The head of transport company FirstGroup today admitted that a sharp increase in profits was a result of its “past under performance”. Retiring chairman John McFarlane noted how he foundRead More

Switch into other growth lines

Gok and banking help Sainsbury’s offset falling food sales

Fashion guru Gok Wan and financial services helped offset falling food sales at Sainsbury’s which is switching into more non-food lines. Chief executive Mike Coupe said the sector remains highly competitive,Read More