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Thursday, November 12th, 2015


Report on failure of HBOS in 2008-09 will be published next week

Profit warning wipes 20% off Rolls-Royce

Thur: Rolls-Royce saw 20% wiped off its value as its shares slumped to 536.5p after issuing its fourth profit warning in just over a year. The engine maker may also cut its dividend because of weaker demand for spares and service. Its announcement helped BAE Systems which gained 3.8%, despite saying it could see no growth in earnings in 2015 and that it would cut jobs in Britain and Australia. Sainsbury’s also fell 3.3%, a day after reporting lower profits and warning of more price cuts to come. Luxury fashion accessoriesRead More

INTERVIEW: John Donnelly, Marketing Edinburgh

‘If Edinburgh wants to be a premium city it has to behave like one’

John Donnelly 2

INTERVIEW: John Donnelly, Marketing Edinburgh

Shares in Rolls-Royce fall 20% after the engine maker issues fourth profits warning

Pressure put on tax office

Jobs and service ‘at risk’ as HMRC to close 137 offices

HM Revenue and Customs is to consolidate 170 offices across the UK into 13 regional centres, putting thousands of jobs at risk. READ MORE

Snubbed Thomson among friends at FSB dinner

Michelle Thomson YouTube

Troubled MP Michelle Thomson who was “uninvited” to tonight’s Scottish Business Awards was among friends at the Federation of Small Businesses dinner last night. The Edinburgh West politician suffered the humiliation of having  an invitation to the “Clooney bash” at the EICC withdrawn by  Edinburgh Airport. It had asked her to join a table with airport boss Gordon Dewar, who has been shortlisted for chief executive of the year. But the invitation was withdrawn in the light of ongoing controversy around her property dealings. The issue didn’t seem to bother those who asked her to attendRead More

Trio celebrate Asda deals

Bakers putting brioche on breakfast menu

Paul Allan and Brian O'Shea

Three Scottish bakers are feeding a growing appetite for more artisan products at breakfast time. Murdoch Allan, Tower Bakery and JG Ross, have each launched a range of new products, such as brioche and baguettes, at Asda stores across Scotland in deals worth in total £275,000. The family run Murdoch Allan bakery is celebrating the biggest deal, worth more than £150,000, and has recruited 10 staff. Tayside and Fife based Tower Bakery is celebrating its 35th anniversary and is on track towards reaching its goal of being listed in Asda stores nationwide.Read More

Accountancy firm in big push

PR client wins: Big and Morrison

Big Partnership

Mid-tier accountancy firm Johnston Carmichael has appointed Big Partnership to handle its PR account. It is currently held by former Big executive Bill Shaw. Daily Business understands that Big will take over next month and its appointment suggests Johnston Carmichael is preparing a nationwide push to raise its profile on the back of some recent high profile appointments. It has launched a consulting division under former Cala Homes and IndigoVision management accountant Alistair Black and hired restructuring specialist Bryan Jackson who had retired from BDO. Morrison Media Strategies has taken on the PRRead More

Business guru hired to enhance culture

Top coach giving Capital a vision for growth

Tom Flockhart

Scottish office equipment supplier, Capital Document Solutions, has enlisted the services of one of the country’s top business gurus in a bid to enhance its corporate vision and culture. Fergus King (pictured) is working with Capital on a project looking at how these attributes can maximise the growth of both income and equity value in a recovering economy. Mr King is a partner in Shirlaws business coaching firm and is one of the most experienced business coaches in the UK. He focuses on supporting directors and their teams to design and implementRead More

Some Things for the Weekend

Last chance to enjoy the festival of lights

Botanic lights

Vlad offers his recommendations on what shows to see over the weekend…READ MORE