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Friday, August 14th, 2015

 

Energy stocks fall as oil price slips

Fri close: Energy-related stocks, including Royal Dutch Shell and Weir Group, slid as the oil price tumbled with Brent crude down 0.32% to $49.06 per barrel. Vodafone snapped an earlier rise after the company and fellow mobile network Three bought a sizeable piece of UK mobile phone spectrum. TUI gained after JP Morgan and Jefferies lifted their target price on the stock. Home builders Taylor Wimpey and Barratt Developments were both up on the back of new UK government funding aimed at building homes for first-time buyers on brownfield sites.Read More


Shareholders in Trap Oil have approved capital restructuring and change of name to Jersey Oil & Gas


East-west divide emerges

Edinburgh top of European industrial rents

Prime industrial rents in Edinburgh grew by 11.1% in the first half of this year, the biggest increase in Europe, according to the latest Industrial and Logistics Snapshot from global property advisers, Colliers International. Glasgow and Manchester (both up 10%), Bristol (up 8.3%) and Rotterdam (up 7.9%) also performed positively and highlighted an east-west divide in Europe. Eastern European markets showed the biggest declines, with Minsk in Belarus dropping -15.5%,  Kiev in the Ukraine down 14.9% and St Petersburg in Russia down by 8.3%. Tim Davies, head of EMEA industrial andRead More


Tenants in discussions

Shops and homes destined for 14 unwanted Tesco sites

Vacant sites no longer needed by Tesco will be developed for shops and housing after being sold to London & Scottish Investments, a Glasgow-based investment and property company. Read more


Shaw heads to beauty products firm

Stephanie Shaw

Scotland’s largest producer of premium bath and beauty products, The Scottish Fine Soaps Company, has strengthened its management team with the appointment of Stephanie Shaw as UK sales manager. With more than 17 years’ experience in luxury and beauty brands, Ms Shaw joins from LVMH Fragrance Brands where she held a number of senior sales positions over 13 years managing accounts for companies including Alliance Boots, Harrods, Selfridges and more. Prior to that she was based in France, where she was educated, working with two global beauty houses YSL Beauty inRead More


Three to See

Vlad’s best of the Fringe…so far

Vladimir McTavish

So here we are, eight days into the Fringe and approaching the end of Week One.  To be honest, it feels like an entire month has passed since the whole thing kicked off.  I make no apologies for recommending shows today that have previously featured in this column, as I would like to take the chance today to give my highlights of the first week. So here are the top three shows I have seen in Week One of Edinburgh 2015 TOM STADE “YOU’RE WELCOME” Assembly Rooms, George Street. 9.40Read More


Briefing will call for priorities

Businesses urged to back £1bn City Region deal

Business will be urged next week to provide up to £3.2 billion to support a bid by six local authorities in the east of Scotland for a £1bn government fund for the local economy. A long term vision for the so-called City Region – Edinburgh, East Lothian, Fife, Midlothian, Scottish Borders and West Lothian – will be outlined to business leaders at a briefing at the EICC on Monday. Councillors and council leaders will ask businesses to identify their priorities in helping to grow the economy. The councils have highlighted skillsRead More


Loan players moving to Easter Road

Hibs hero Allan heading to Parkhead

Scottish football’s biggest question has been answered with Hibernian finally selling the club’s prized midfielder Scott Allan. Champions Celtic have gazumped Old Firm rivals Rangers with a £275,000 offer that includes two Parkhead players moving to Easter Road. One is Dylan McGeouch who had a successful loan spell last season. Scotland under-19 midfielder Liam Henderson is  the other. Hibernian manager, Alan Stubbs, last week put a £1 million price tag on Allan who has been the subject of at least two firm bids for the player but at no more than a third ofRead More


West End Fair

Ties that go neck and neck with fashion

bow ties

Hannah Carpenter’s barman partner Matthew Cox one day told her he was fed up with his tie getting in the way of serving drinks. So she came up with a bow-tie – and a business idea. She now makes a range of ties from her studio in Edinburgh’s Stockbridge district. Hannah’s business, the Edinburgh Bow Tie Company, is among more than a hundred currently showing at the city’s West End Fair, from potters and jewellers to illustrators and bag makers. “I get all kinds of customers, from children wanting to lookRead More