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Day: 15 May 2020

Swoop on Glasgow firm

United Capital acquires Saltire in largest deal

Graeme Carling
Graeme Carling: ‘business as usual’ United Capital has completed its largest deal to date with the acquisition of Glasgow-based Saltire Facilities Management, a 320-employee central heating and electrical services business.Read More

Media cutbacks

FT cuts pay and hours, Insider suspends magazine

Ironically, Insider is struggling to survive the crisis in print media More cutbacks have been announced in the cash-strapped media as the coronavirus lockdown continues to depress advertising revenues. TheRead More

Universities face black hole

Sturgeon rules out tuition fees change to ease cash crisis

students
Universities depend on overseas students First Minister Nicola Sturgeon today ruled out introducing tuition fees for Scottish students to help the financial crisis looming at Scotland’s universities. Following a newRead More

Property Law

Rose joins Lindsays during ‘challenging’ time

Law firm Lindsays has hired commercial property lawyer David Rose who will operate from its Dundee office. Mr Rose has joined the firm as a partner from Dentons. Lindsays’ managingRead More

Board turmoil

Royal Mail to ‘quicken pace of change’ after CEO quits

Royal Mail letters post box
Royal Mail’s stand-in boss Keith Williams has called for an ‘an accelerated pace of change across the business’ after chief executive Rico Back resigned after less than two years inRead More

Electricity deal

Flexitricity secures battery deal with Gresham House

Flexitricity control room
The Flexitricity control room Flexible energy specialist Flexitricity will provide market access for what is thought to be Europe’s largest storage battery. The Edinburgh company has partnered with Gresham HouseRead More

Response to Covid-19 crisis

Honeywell creates 450 Scots jobs to make face masks

Honeywell masks
Facing up to the crisis: 70 million masks to be made at Newhouse Electronics company Honeywell is creating 450 jobs in Scotland manufacturing high-grade face masks. The Fortune 500 company,Read More

Friday Update

DB Live: BT denies Openreach talks; Boohoo; Nat Express

Boohoo
5.15pm: BT sale talk ‘inaccurate’ BT said a report in the Financial Times that it was in talks about selling a stake in its networks business Openreach was “inaccurate”. OpenreachRead More

Design in big demand

Face mask providing boost for deaf community

Idea: Breathe Easy owner Gavin McAdam and staff Newly-established Edinburgh firm Breathe Easy is producing what’s understood to be the first face masks for the deaf community in Scotland. SetRead More

1,200 investors sign up

Pawprint closes funding round ahead of target

Pawprint team
Eco-mission: the Pawprint team with Christian Arno, far right An Edinburgh company which has developed an eco-app enabling individuals to measure their carbon footprint raised £363,440 from more than 1,200Read More