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Day: 15 November 2019

New role for financier

Watt named chairman of Scottish National Investment Bank

Willie Watt
First SNIB chairman: Willie Watt Willie Watt, former CEO of fund management company Martin Currie, has been appointed chairman of the Scottish National Investment Bank. Economy Secretary Derek Mackay welcomedRead More

Judge dismisses claim

Lloyds shareholders lose £385m legal battle over HBOS deal

Lloyds Banking Group
Lloyds welcomed the decision (pic: Terry Murden) A group of Lloyds shareholders have lost a legal claim against the bank over its acquisition of rival HBOS at the height ofRead More

Recycling call

Wholesalers demand role in managing deposit return scheme

Colin Smith: wholesalers are critical Wholesalers are demanding a role in managing the Scottish Government’s new bottle recycling scheme. Colin Smith, chief executive of the Scottish Wholesale Association, told MSPsRead More

Turnover up more than 20%

Budge upbeat as donations help Hearts post £1.6m profit

Ann Budge
Focus: Ann Budge (pic: SNS Group) Hearts once again owe a debt of gratitude to unnamed benefactors after revealing donations in excess of £3million helped the club post an operatingRead More

Crowfund plan

BrewDog raising funds to build distillery in US

James Watt BrewDog
James Watt: ‘We’re growing faster than ever’ (pic: Terry Murden) BrewDog has launched a third US round of its Equity for Punks and will use the funds raised to helpRead More

As Hearts' search continues...

Ross in swift return to dug out as Hibs make their move

Leith-bound: Jack Ross (pic: SNS Group) Hibernian have reached a quick conclusion in their search for a new manager with Jack Ross taking over at Easter Road. The former StRead More

As I See It

Labour’s BT plan sounds alarm bells of past failures

Openreach
Is Labour's plan to nationalise BT's broadband business affordable and necessary? asks TERRY MURDEN

Highest for five years

Ten estate agents closing every week as clients go online

Scottish rent and homes for sale
Estate agents ‘need to adapt to a changing market’ (pic: Terry Murden) Ten estate agents are going bust across the UK every week, according to new research. Property management firm Apropos byRead More

Deal agreed

Carpetright agrees takeover by major shareholder Meditor

Carpetright (company pic)
Carpetright: new owner (pic: Carpetright) Troubled floor coverings retailer Carpetright is being acquired by its largest shareholder, Meditor. Carpetright said last month that the two parties were in talks, andRead More

Challenge launched

Changeworks urges Scots firms to help cut waste

Changeworks Recycling
Angela Dolan, Peter Simon and Forbes Connor of Changeworks Recycling Waste management firm, Changeworks Recycling, is encouraging Scottish businesses to join its Change Waste Challenge to eradicate three million kilos of wasteRead More