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Day: 17 June 2020

SPFL in the dock

Hearts and Partick claiming £10m in compensation

Ann Budge
Court action: Ann Budge (pic: SNS Group) The SPFL is facing a multi-million-pound compensation claim by Hearts and Partick Thistle should a joint court action fail to overturn their relegations.Read More

Court ruling

Judge rejects Stagecoach and Virgin franchise claim

Virgin Trains
Sir Brian Souter: lost case The high court has ruled against Stagecoach’s claim that the UK government was wrong to prevent the company bidding for three rail franchises because ofRead More

FM to confirm phase two

Passengers ‘to wear face covers’ on public transport

FFP3 face masks
Masks likely to become compulsory Passengers on buses and trains in Scotland will have to adopt the same practice as travellers in England and wear face coverings, according to industryRead More

Blow for sector

‘Five years for airlines to recover’ says Matheson

Edinburgh airport
Edinburgh airport will see fewer passengers for some time (pic: Terry Murden) Air passengers will have to endure “at least five years” of disruption before services return to pre-Covid levels,Read More

Wednesday Update

DB Live: High court rules on Stagecoach rail claim; markets

City of London
4.45pm: London close Markets were more settled after a turbulent few days, though the early surge gave way to some profit taking ahead of tomorrow’s Bank of England statement. TheRead More

Economy falters

Scotland facing ‘worst slump in world’ as GDP plummets

Fiona Hyslop
Fiona Hyslop: ‘serious impact’ Scotland’s GDP plunged by 18.9% during April – the first full month of lockdown – adding to fears that it would have the worst performing economyRead More

New share issue

STV raises £16.2m to shore up Covid defences

The Victim
The Victim was a success for STV Productions which remains suspended STV has raised £16.2 million via a placing of shares to strengthen the balance sheet and future-proof the companyRead More

New capital raised

Trojan to roll-out kerbside EV charging points

Trojan Energy EV charging point
The Scottish firm has raised funds for its innovative product Wider adoption of electric vehicles has been given a boost after a northeast Scotland startup received funding to support itsRead More

Focus on renewables

SSE ‘committed’ to dividends, confirms wind farm

Viking wind farm
Viking will be UK’s largest onshore windfarm Richard Gillingwater, chairman of renewables-focused SSE, said the company is committed to paying dividends despite announcing a lower payout for the last financialRead More

Brand agency changes

Made Brave goes remote following record results

Andrew Dobbie
Andrew Dobbie: ‘flexible working is here’ (pic: Terry Murden) Brand agency Made Brave has opted for more remote working as it reported record annual results. Revenue in the year toRead More