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Sales and staff rise in Foodmek’s Covid recovery

Foodmek
Birthday boost: staff at Foodmek Engineering company Foodmek has seen a sharp rise in revenue after a loan from Scottish Enterprise was used to invest in new equipment and staff.Read More

Probe launched

Serious Fraud Office to investigate Gupta empire

Liberty Steel
Liberty Steel is a key part of the group The Serious Fraud Office (SFO) said today it is launching a fraud and money laundering investigation into steelworks owner Sanjeev Gupta’sRead More

Daily Business Live

Kier placing; Brewin Dolphin; Rolls-Royce; Wood

Kier
REFRESH PAGE FOR UPDATES 10pm: Wall Street rebounds All three of the key US stock indexes were sharply higher, bouncing back from three days of steep falls. The S&P 500Read More

£200m lifeline

California investor in rescue talks with Liberty Steel

Liberty Steel
The group’s future in on a knife-edge Steel workers may be thrown a £200 million lifeline from a California-based investment firm. White Oak Global Advisors is believed to be inRead More

Daily Business Live

Economy to surge; Next lifts forecast; Reach revenue dips

Next Straiton
REFRESH PAGE FOR UPDATES 5pm: Market higher on Bank forecast Blue chips have spent all but a brief period this morning trading above 7,000 as investors responded to an upgradeRead More

Financing options

Scotgold may tap directors as cash flow weakens

Scotgold-Cononish
Firm said technical issues have been resolved Scotgold, the company behind the gold mine near Loch Lomond, is investigating financing options to shore up a weakening cash position. The companyRead More

Ministers accused

Easdale says cash thrown at ferries ‘like confetti’

Glen Sannox ferry
Ferry late: ‘the bungled contract has become a national embarrassment’ Bus and property tycoon Sandy Easdale has accused the SNP of throwing taxpayers’ cash around like ‘confetti’ in the ongoingRead More

Wind farm deal

Methil boost as Harland & Wolff wins jacket work

Burntisand Fabricators
Former BiFab yard will construct the jackets Harland & Wolff will create 290 jobs at the former BiFab yard in Methill after securing a contract for wind turbine jackets onRead More

£1.7bn impairment

Babcock axes 1,000 jobs as company ‘remodelled’

Babcock Type 31 frigate
Babcock said it will become more focused Engineering group Babcock is axing 1,000 jobs and will book a £1.7 billion impairment as it prepares to offload a number of businesses.Read More

Daily Business Live

Quiz revenue slumps; Nucleus AUA rise; JD Sports

quiz towie
REFRESH PAGE FOR UPDATES 4.30pm: Equity markets quiet Equity traders remained cautious ahead of major US banks reporting on their first-quarter earnings later this week. The FTSE 100 index rose just 1.37Read More