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Day: 6 January 2016

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Newspapers suffer further cutbacks

More jobs to go at Herald and Times

The Herald
A further 25 jobs are to go at The Herald and Evening Times newspapers in Glasgow in what will be the fourth round of redundancies in little more than a year. READ MORE

Edinburgh company expands

IT firm acquires Dundee app developer

Exception and Waracle
IT consultancy and services company Exception is acquiring a Dundee-based mobile app developer in a seven figure deal. READ MORE

Some Things for the Weekend

Add some cheer to the bleak midwinter

Stu and Garry
The lights have been taken down, the tree has been thrown out or put back in its box, and the first full working week of 2016 has been completed. ThereRead More

Labour leader under attack

Three shadow ministers quit over Corbyn reshuffle

Jeremy Corbyn
Three shadow ministers have resigned following Labour leader Jeremy Corbyn' reshuffle. Jonathan Reynolds, the shadow rail minister, resigned this morning, followed by.... READ MORE

Prime office space changes hands

Sainsbury’s Bank HQ in Edinburgh sold in £19m deal

Sainsbury's Bank hq
Sainsbury’s Bank headquarters at Edinburgh Park has been sold by Aviva Investors for £19 million. CCLA has acquired the 84,373 sq ft building at 3 Lochside Avenue for the LocalRead More

Cutback will leave only two on panels

Law firms to lose out as Weir trims roster of advisers

Keith Cochrane
Engineering business Weir Group has cut back on its external legal advisers which is likely to mean a big scaling back in workload for some Scottish firms. READ MORE

Technology stocks hit by Apple iPhone cutback

London Stock Exchange
Wed: The market was down again following yesterday’s rebound from the sharp fall on Monday. The FTSE 100 was down 70 points at 6,061 near the close. Shares in ARM HoldingsRead More

Entrepreneur fashions new stakes

Tyre retailer Welch invests in online businesses

Mike Welch
Online tyre retailer Mike Welch has made his first investment since selling Blackcircles to Michelin for £50 million. READ MORE

Investment paying off says chairman

John Lewis sees strong rise in online sales over Christmas

man on moon john lewis video
Sales at the John Lewis Partnership were up 4.1% over the festive season as the online operation once again made it one of the winners in the Christmas battle for shoppers. READ MORE