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Monday, October 26th, 2015


Chancellor pledges to 'deal with' peers

Lords crushes Osborne’s plans for tax credit cuts

George Osborne

The government suffered a rare defeat in the House of Lords when peers voted to delay its plans for tax credit cuts. A 307 to 277 vote will not necessarily kill off the Conservative government’s bill, but it may force it to renegotiate, especially as Chancellor George Osborne said he was “listening”. The House of Lords rejected a “fatal motion” tabled by the Lib Dems after Labour peers failed to support it. If it had succeeded it would have blocked the £4.44 billion of cut entirely. Instead they backed crossbench peerRead More

Mixed reception to new ITV series

500 complain that Jekyll and Hyde ‘too scary’ for kids

Jekyll and Hyde

New television drama Jekyll and Hyde prompted almost 500 complaints from viewers who felt it was “too scary” for its early evening slot. READ MORE

Project manager joins FarrPoint as consultant

JG Olliero

FarrPoint, one of Scotland’s fastest growing technology and telecoms consultancies, has appointed project management expert Jean-Donan Olliero as a principal consultant. Mr Olliero has more than 12 years’ experience in telecommunications project management and in handling projects to define and lead IT and technology strategies and procurements. A chartered engineer, his wide ranging experience includes the provision of technical advice to government departments and agencies, covering infrastructure related projects and with a recent focus on the developing the smart city agenda. Prior to joining the team at FarrPoint, he worked withRead More

New support for life science firm

European funding is ‘game-changer’ for Avanti

Jo Oliver

Scottish life sciences company AvantiCell Science has won European funding of €2.09 million towards its ground-breaking work in cell-based analysis. The company beat off competition from across the continent to secure the funding which will be used in a project aimed at developing life-saving drugs. Dr Jo Oliver, chief executive, said: “This funding is a game-changer from our point of view. It is a major piece in our progressive strategic plan and also a significant endorsement of the approach we’ve adopted. It will act as leverage for further development, including securing further investment.”Read More

Oil firm Maersk Oil is to cut 220 UK jobs as it reduces costs by up to 20%

Data shows greater confidence

Company failures below pre-recession level

Blair Nimmo

The number of Scottish companies going out of business has fallen to pre-recession levels.. READ MORE

Contracts for Hamilton company

Raeburn Drilling secures wind farms work

Banks Renewables

Banks Renewables has appointed Hamilton headquartered Raeburn Drilling to help it deliver Kype Muir and Middle Muir Wind Farms. READ MORE

Engineer bought for undisclosed sum

Motherwell components firm sold to Blackstone

Craig Gallagher

Motherwell engine components firm MB Aerospace has been acquired by a US private equity company… READ MORE

Dove takes engineering role as Skyscanner grows

Bryan Dove

Edinburgh headquartered flight comparison search site Skyscanner has hired Bryan Dove to lead Skyscanner’s global engineering teams. Dove, formerly Director of Engineering at Amazon’s S3, becomes senior vice president of engineering and will also head up the new London hub, one of two engineering offices the company has opened. The other is in Sofia, while a larger, mobile-focused office in Budapest has also opened, bringing Skyscanner’s network of offices to 10. The move is part of an expansion of engineering resources worldwide for Skyscanner, which saw a 77% increase in mobileRead More

Social media site expanding into B2B

RBS signs up as biggest client for Facebook at Work


Facebook has signed up Royal Bank of Scotland as its biggest client so far for the professional version of its platform. READ MORE