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Tuesday, September 8th, 2015

 

Store chain seeking to improve performance

Murphy takes bigger role in top level shake-up at John Lewis

Andrew Murphy, the former head of the John Lewis stores in Aberdeen and Edinburgh, has been promoted to a bigger role in the company as part of a top level reshuffle aimed at boosting performance. READ MORE


Social media site improves experience

Facebook aims to bring SMEs and customers closer

Facebook

Facebook is introducing new tools enabling firms and their customers to improve their communication with each other. READ MORE


Separate rates will be charged

Firms face higher fees following court ruling on shared offices

Maxim Office Park

A decision by the UK Supreme Court on business rates in shared office buildings will lead to higher fees for many businesses in Scotland, according to commercial property experts at Colliers International. The firm says that the case of Woolway Valuation Office v Mazars, in which the Supreme Court held that businesses occupying space across several floors or areas within a building, should pay separate rates for each, will lead to changes in valuations across the country that will cost firms millions of pounds. Until now, such arrangements were chargedRead More


Growth in international business

Overseas contracts see Administrate double in size

John Peebles 2

Online training management company Administrate says more than half of its business now comes from outside the UK after winning a number of significant international contracts. The Edinburgh based company has picked up customers from North America that include Boston Whaler, Ag Leader, and NSF, enabling it to double the size of its team from 15 to 32 since January. Other blue chip clients are PwC, Elsevier, Scania, Becker and learndirect. It has served more than two million students. Driving this growth is intense demand for technology that can helpRead More


Expansion could create 13,000 jobs

QMU plans £80 million ‘innovation hub’ to grow key sectors

Queen Margaret Drive

Queen Margaret University has unveiled plans to invest £80 million in an “innovation hub” on its campus near Musselburgh which it hopes will play a part in the City Region plan for the area. READ MORE


Craneware record; Paddy Power, Betfair deal; RSA

Tue close: Record revenue and Ebitda profits for software billing company Craneware gave the shares a lift as brokers looked towards further growth opportunities. Turnover at the US-focused Edinburgh firm rose from $42.6 million to $44.8m and adjusted Ebitda  increased by 10% to $14.4m from $13.1m. Profit before tax rose from $11.3m to $12.5m. The company is proposing a final dividend of 7.7p per share giving a total dividend for the year of 14p per share (2014: 12.5p). Keith Neilson, chief executive, “We are confident that our position as a trusted financial performanceRead More


Initial £5m made available

Macklin launches funds to back aspiring businesses

Derek Weir Marie Macklin

Scottish entrepreneur Marie Macklin has launched three investment funds to back aspiring businessmen and women. READ MORE


Belhaven owner Greene King shrugs off Scotland’s drink-drive rules to record 1.8% rise in like-for-like sales in first 18 weeks of year


Premier Inn winning market share

Whitbread to hike prices to meet cost of Living Wage

Whitbread is expected to increase hotel room prices and improve productivity in order to meet the added cost of implementing the Living Wage. READ MORE


Proserv acquires Nautronix

Aberdeen acoustics pioneer sold to US-owned firm

Nautronix

Aberdeen company Nautronix, operating in subsea acoustics has been acquired by energy services business Proserv for an undisclosed sum. Nautronix, which moved to Scotland from Australia 12 years ago, operates in the supply of subsea digital acoustic communication products and positioning services to the  oil and gas industry. It employs 120 staff in offices in Aberdeen and is internationally recognised for its technology. Proserv, also based in Aberdeen, is a portfolio company of Riverstone Holdings, an energy-focused private equity firm based in New York. The transaction will see Nautronix chief executive Mark PattersonRead More