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Day: 28 July 2016

Big contribution to economy

Festivals value soars by a quarter

Edinburgh Restaurant Festival
Edinburgh’s festivals are now worth £313 million to the city, about 25% more than five years ago, according to new research. Key events such as the Edinburgh International Festival, the FringeRead More

New deal for pensions firm

Aegon agrees annuity deal with Legal & General

Adrian Grace
Pensions company Aegon has announced that Legal & General will write the Edinburgh-based company's annuity business....

Profits down at utility

British Gas loses 400,000 customers

Scottish Gas
British Gas lost nearly 400,000 customers last year as customers switched energy suppliers. Centrica, which owns the company – trading in Scotland as Scottish Gas – said its UK home operatingRead More

Festival News

Watch this space as the 2016 Edinburgh Festival gets underway. Daily Business will be reporting on the International Festival, Fringe and other events that go to make up this globalRead More

Gunn and Jones on the move

New roles for senior political advisers

Two Scottish political advisers have made moves into new roles...

Now offering advanced protection

Elfab expands protection accessory range

  With more than 80 years experience within the pressure management industry, Elfab Ltd recognises the increased need for accessories to protect safety critical applications. Pipe cover shields are theRead More

Chief appeals to governments

Diageo CEO makes Brexit plea to ‘protect Scotch jewel’

Spirits giant Diageo wants firm action to protect its Scotch whisky business and global trade following the UK’s decision to leave the European Union. After reporting a return to growthRead More

More branches to close

Lloyds to axe 3,000 jobs despite doubling profit

Lloyds Banking Group is cutting a further 3,000 jobs and closing 200 branches as it seeks to take £400 million out of its costs. The bank, which also announced a doublingRead More

Change at top of engineering group

Cochrane steps down as Weir Group CEO

Keith Cochrane
Keith Cochrane is stepping down as chief executive of Scottish engineering giant Weir Group and will be replaced by ...

Figures beat expectations

Zuckerberg $3.4bn richer after Facebook surges

Facebook
Facebook continues to deliver astonishing growth figures, defying critics who dismissed it as a passing fad...