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Thursday, October 27th, 2016

 

Government offers 'support' to car firm

Nissan commits to UK after Downing St pledge

Nissan is to build two new models at its Sunderland plant after the government offered…


Social network setback

Twitter axes jobs and Vine in search for identity

Twitter

Microblogging service Twitter said it will axe 9% of its workforce and is scrapping its Vine service despite…


Investors seeking leisure destinations

Edinburgh nudges Glasgow off retail perch

Prince St retail shopping

Edinburgh is now challenging Glasgow’s reign as Scotland’s shopping destination. New research reveals that…


Showrooms across Scotland

DM Design can transform your home

DM Design is one of Scotland’s leading providers of fitted kitchens, bedrooms and bathrooms – a service that begins with design and ends with a complete transformation. Proud of its Scottish heritage, the company prioritises quality craftsmanship above all, followed by an impeccable service.  Visit one of the company’s many showrooms to see a showcase of fitted bedroom designs, kitchens and bathrooms to suit every style of home. DM Design, Cumbernauld Showroom, 1 Deerdykes Place, Westfield Industrial Area, Cumbernauld, Lanarkshire G68 9HE. Get in touch by calling 01236 739200 orRead More


key letting on flagship street

Waterstones deal confirms Princes St status

Waterstones has renewed the lease on its Princes Street, Edinburgh property in a deal hailed..


No sign of Brexit slowdown

UK economy heads off fears to grow 0.5%

Wireline industry

Britain’s economy expanded by 0.5% in the three months since the EU vote. This was down from 0.7% in previous quarter, but showed some resilience amid fears of a sharp slowdown. An interest rate cut in November now seems to have receded and there could be some upward revision to forecasts. However, the mood is cautious as the Brexit talks edge towards triggering Article 50. The Chancellor is being urged to take measures in the Autumn Statement that will build confidence and encourage investment. Martin Beck, senior economic advisor toRead More


Retailer to lose director

More change at top of John Lewis Partnership

John Lewis

Following the change at the top of the John Lewis Partnership, it is about to lose its head of retail. Price comparison website Moneysupermarket has appointed Mark Lewis as chief executive to succeed  Peter Plumb. Mr Lewis will take over on or before 4 May 2017. The announcement coincides with the promotion at John Lewis of commercial director Paul Nickolds as its first female managing director. Mr Lewis joined the namesake department store chain in early 2013 as online director and in September last year was made responsible for the shop asRead More


Latest figures

Barclays, BT, Lloyds, Deutsche Bank

London Stock Exchange

Barclays has reported a 35% rise in pre-tax profit to £837m for the three months to the end of September. Chief executive James Staley said the bank had made “strong progress” in the quarter towards closing its non-core businesses and dealing with historical issues.For the nine months, however, pre-tax profit dropped 10% to £2.9bn. The bank has set aside an extra £600m to cover the mis-selling of payment protection insurance (PPI) in the third quarter. That brings the total provision over the past two quarters alone to £1bn, after £400m was put asideRead More


End of former chief's 'ego trip'

Marks & Spencer ‘to close Paris store’ in cutback plan

M&S label

Marks & Spencer is to close its department store on the Champs-Elysees in Paris as new chief executive Steve Rowe scales back its operations, according to reports….


Former Scots adviser returns

Hair signed up to head Cazenove office

Cazenove Capital has hired Bob Hair from PwC as wealth planning director and head of …