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Day: 15 December 2020

Sea transport

CMAL recruits Ferguson as finance director

Caledonian Maritime Assets (CMAL), which owns the ferries, ports, harbours and infrastructure across the west coast of Scotland and the Clyde estuary, has appointed Heather Ferguson as finance director. MsRead More

Bank penalised

Barclays fined £26m for poor treatment of customers

Barclays
Bereaved people were among those mistreated by the bank Barclays bank has been fined £26m by the Financial Conduct Authority for failures in its treatment of customers who fell intoRead More

Ross Haston and Network ROI

Haston takes up CFO role at Network ROI

Ross Haston Network ROI
Ross Haston has been appointed chief financial officer at IT services provider Network ROI. He will take up the role on the 5 January. Mr Haston, pictured, brings more thanRead More

Insurance deal

Cash payouts due as LV= sells to US firm Bain Capital

LV=
The insurer is Bain’s second UK acquisition in the sector About 1.3million members LV= will receive a cash payout after the company agreed to sell its savings & retirement andRead More

Retailer support

Schuh secures £19m bank facility to smooth downturn

Schuh
Schuh has 120 stores across the UK and Ireland Footwear retailer Schuh has secured a £19 million bank facility to help bolster its balance sheet. It is expected to aidRead More

Jobless stable

Scottish economy may take three years to recover

scottish economy
Scottish employment figures have improved Scotland’s economy may take three years to return to pre-pandemic levels, according to the Fraser of Allander Institute. Its central scenario predicts a return toRead More

Insurance chief

Aviva hires Brown from Canada Life as UK CEO

Doug Brown Aviva UK
Doug Brown: returns to Aviva Aviva has appointed Doug Brown as CEO of its UK & Ireland Life Insurance business. He is currently Canada Life UK CEO and will joinRead More

New research

Tweaks to Covid rules ‘could save 1,800 businesses’

Cockburn Street Edinburgh pubs
Pubs are fighting for survival (pic: Terry Murden) Thousands of jobs and businesses in the hospitality industry could saved by relatively minor changes to the Covid restrictions policy, according toRead More

Daily Business Live

JD Sports rises after US swoop; Springfield upbeat

JD sports
REFRESH PAGE FOR UPDATES 4.30pm: JD Sports a highlight as London falls JD Sports Fashion made a big statement about its US ambitions after it bought US-based Shoe Palace for $325m. The dealRead More

Start-up support

Meghan becomes angel investor in latte firm

Meghan Markle in Edinburgh
Meghan Markle in Edinburgh in 2018 (pic: Terry Murden) Meghan Markle has stepped up her interest in business investment by backing a start-up making instant oat milk lattes. The DuchessRead More