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Thursday, December 10th, 2015

 

Bank holds rates but market slips again

The Bank of England said the fall in oil prices and slower wage growth were behind its decision to maintain borrowing costs at the record 0.5% low. There was only a slim chance that the monetary policy committee would be tempted to hike the base rate in anticipation of a UK increase next week. Minutes of its latest policy meeting highlighted a softening in George Osborne’s public spending cuts giving a boost to growth, but other pressures in the economy made a rate rise premature. Sterling weakened against the US dollar andRead More


Construction Marketing Awards

Perceptive picks up PR prize for athletes village

Athletes village

A specialist communications consultancy won the “Best Use of Press and Public Relations” award at a construction industry ceremony in London. READ MORE


Barclay promoted to CEO at Homes for Scotland

Nicola Barclay

Homes for Scotland has announced the internal appointment of Nicola Barclay as chief executive. READ MORE


Harper Macleod secures Help to Buy deal

Lorne Crerar 2

Harper Macleod has been appointed by the Scottish Government to help administer the £195 million successor to its hugely popular Help to Buy schemes. The latest New Build Shared Equity Scheme was announced in the Scottish Government’s Programme for Government in September. The three-year funding will have a renewed focus on support for affordable home ownership and aims to support 6,500 people purchase a new build home. Under the appointment Harper Macleod will provide advisory and conveyancing services in relation to Scottish Ministers’ interests in the scheme. The firm will alsoRead More


Former angel Laing joins Pyreos as CFO

Andy Laing

Pyreos, an Edinburgh-based infra-red sensor developer – has appointed Andy Laing as chief finance officer as part of… READ MORE


Deal allows next phase to proceed

University buys former Royal Infirmary block

Former Royal Infirmary 2

Edinburgh university has bought a block of the former Royal Infirmary which is now part of the Quartermile development. The building will be turned into a hub for business and public policy to address societal and environmental challenges. No price was disclosed. It will also allow Quartermile Developments to go ahead with building the next phase of flats and a retail and public space on Middle Meadow Walk. Paul Curran, managing director of Quartermile Developments, said: “This is an excellent opportunity for Quartermile and the City of Edinburgh. “The Surgical HospitalRead More


PR job for financial hack

Griffiths leaves Mail for City role

Ben Griffiths

A former journalist at The Herald and Business AM is joining Instinctif Partners as a partner in the new year. Ben Griffiths, currently City news editor of the Daily Mail, will be part of the global firm’s international capital markets practice. He will work across a range of briefs in aerospace, defence, transport, energy and natural resources, and be involved in new business development. Tim Linacre, senior partner, Capital Markets, said Griffiths had “a great reputation in UK industry as an enthusiastic supporter of British know-how and technology”. Griffiths alsoRead More


10 year deal agreed

Robertson secures £1.5m Perth & Kinross deal

Ian Gibson

Robertson Facilities Management has won a contract worth £1.5 million over 10 years, with the option of a five year extension, to provide services at Perth & Kinross Council’s largest office building. The deal will see the business provide a host of services at Pullar House, Perth, including mechanical and electrical maintenance, energy and utility management, records management and interior planting. Pullar House is home to some 720 staff who work in the Revenue Department, Education & Children’s Services, Environment Services and Housing & Community Care. Ian Gibson (pictured), managingRead More


Report reveals benefits of cut

Cut in business rates ‘would unlock £1.75bn’

Shard youtube

Reducing the burden of business rates could unlock almost 4,000 jobs and £1.75 billion of development over the next five years… READ MORE


Centrica will cut spending this year on upstream investments