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Day: 23 June 2020

Chain saved from closure

JD Sports buys back Go Outdoors in pre-pack deal

Go Outdoors: business savaged by Covid JD Sports has bought back its Go Outdoors business in £56.5 million pre-pack deal after placing it into administration. The leisurewear company said in anRead More

Encouraging rebound

Private sector sees hopeful rise in valuations

Amandeep Sahota
Amandeep Sahota: ‘small but steady rebound’ Britain’s private companies are seeing their collective wealth slowly rise as the country emerges from the three-month lockdown. These firms have combined turnover ofRead More

Technology

Absoft ahead of the curve with SAP Managed Service

Don Valentine
Technology: Absoft has announced a step change in the way it monitors clients’ enterprise resource planning (ERP) systems

£50m savings plan

BBC Scotland to axe 60 jobs as corporation cuts costs

BBC Scotland
BBC Scotland at Pacific Quay will share the cutbacks (pic: Terry Murden) The BBC is axeing up to 160 jobs in Scotland, Wales and Northern Ireland to help save £50m across the nationsRead More

Demo at airport

Campaigners protest over British Airways cuts

BA protest at Edinburgh airport
Protestors at Edinburgh Airport (pic: Terry Murden) Campaigners staged a demonstration at Edinburgh Airport and the Scottish Parliament against British Airways’ plans for job cuts. They accuse the company ofRead More

Journalist dies

STV Westminster corr Harry Smith dies, aged 69

Younger days: Harry Smith enjoyed a long career STV’s Westminster correspondent Harry Smith has died at the age of 69, his family has confirmed. The former ITV journalist had beenRead More

Call for quicker action

Hunter blasts ‘prevaricating’ public sector on Covid crisis

Sir Tom Hunter
Quick response: Sir Tom Hunter says speed is of the essence Sir Tom Hunter has questioned the government’s urgency in tackling the economic crisis after revealing that his investment businessRead More

STEM

Equate hires former shadow Scots Secretary Laird

Lesley Laird
Lesley Laird: ‘working together’ Former Shadow Scottish Secretary Lesley Laird has been appointed director of Equate Scotland, the organisation which campaigns for gender equality throughout the science, technology, engineering and maths sectors (STEM).Read More

Tuesday update

DB Live: Two-metre rule relaxed in England; markets rise

10pm: Markets On Wall Street the Dow Jones Industrial Average was up 0.5%, over 100 points, while the S&P 500 rose 0.4% and the tech-heavy Nasdaq Composite gained 0.7%, hittingRead More

Finance chief to leave

Search for new SFE CEO as Jones retires

Graeme Jones SFE CEO
Graeme Jones: firm foundations (pic: Terry Murden) Scottish Financial Enterprise chief executive Graeme Jones will be retiring at the end of this year after five years at the helm ofRead More