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Day: 17 March 2021

New agency

ScotRail to be nationalised as franchise cut short

ScotRail
Rail services will be run by a government agency ScotRail is to be brought under public ownership after the government confirmed that the current franchise will end early. Dutch state-ownedRead More

Call for change

Covid rule differences ‘costing firms millions’

Drew Hay
Drew Hay: ‘frustrating position’ A conservatory company boss says a disparity in current lockdown rules north and south of the border is costing the Scottish homes improvements sector millions ofRead More

University spin-out

BioCity drugs developer secures £38m investment

Professors Alessio Ciulli and Sir Mike Ferguson at the University of Dundee. Picture: Kenneth Malcolm
Professors Alessio Ciulli and Sir Mike Ferguson Drugs development firm Amphista Therapeutics has unveiled a £38 million investment that will enhance its work to develop treatments for a range ofRead More

Daily Business Live

Iomart invests in speed; Capita to restructure; retail data

Reece Donovan
REFRESH PAGE FOR UPDATES 4.30pm: Blue chips lower Traders marked the FTSE 100 41 points lower at 6,762 as investor attention focused on Federal Reserve chairman Jerome Powell’s comments late.Read More

As I See It

Covid rules ease just in time for an election

Terry Murden
AS I SEE IT: TERRY MURDEN says that economic concerns are trying to be heard amid the noise around independence and Alex Salmond

Wind farm deal

North Star secures £270m Dogger Bank vessels

North Star vessels
How they will look: the three vessels An Aberdeen company has won a £270 million contract for three service vessels that will support the world’s biggest offshore wind farm. NorthRead More

Space technology

US satellite firm Mangata opts for Scots European base

Clyde Space
The centre will be ‘positive for space sector’ An American company specialising in satellite enabled telecommunication services aims to establish Scotland as the centre of its European operations. Arizona-based MangataRead More

Ofgem consultation

Power firms may be forced to hand £1.4bn to customers

gas, Ofgem, price caps
Energy firms are holding customer cash in accounts Energy companies may be forced to return up to £1.4 billion held in customer credit balances.   Customers who pay by fixed direct debit pay the sameRead More