The Scotsman / Business

Monday, Jun 26


Sage chief hails Scotland’s ‘vibrant’ SME community

Nobody would doubt that heading up a blue-chip company is an all-consuming task.


Russian billionaire buys Holland & Barrett for £1.8bn

Health food chain Holland & Barrett has been acquired for £1.8 billion by a retail investment fund controlled by Russian billionaire Mikhail Fridman.


Co-op Bank halts sale process amid rescue deal hopes

The Co-operative Bank is no longer up for sale as it closes in on agreeing a rescue package with existing investors which would put it on a secure financial footing.


Royal Bank of Scotland axes more than 400 jobs in India move

The job cuts were attacked by the Federation of Small Businesses and the Unite union. Picture: John Devlin. RUSSELL JACKSON. 09:26 Monday 26 June 2017. Share this article. 0. Have your say. Royal Bank of Scotland is cutting 443 UK jobs…

Unfamiliar focus at Highland Show festooned with politicians

I found myself feeling a wee bit of sympathy for Prime Minister Theresa May during the course of the Royal Highland Show last week.


Monday interview: Stephen Kelly, chief executive of Sage

Nobody would doubt that heading up a blue-chip company is an all-consuming task.

Graham Birse: Getting down to business over Brexit

In all of the political shenanigans surrounding the Brexit referendum, the voice of business was strangely muted. There were a number of reasons for this.


Bill Jamieson: Who is the victim in Barclays court action?

When former Barclays boss John Varley and three other former directors face criminal charges at Westminster magistrates court a week today, they will be the first British bankers to face criminal charges for actions taken during the…

Fintech set for further surge after leap in take-up

Levels of financial technology adoption among the general public have surged globally over the past 18 months, with the UK leading the way among developed nations, according to a new study.

Sunday, Jun 25


Jeremy Corbyn pledges to return railways to public ownership

The next Labour government will legislate for public ownership of the railways, Jeremy Corbyn has pledged.


Scotland’s economy: agricultural innovation key to secure farming future


Innovation will be key as tomorrow’s farmers take on the challenges of the land. With an ageing workforce where just 9 per cent of farm occupiers in Scotland are under 40, it’s encouraging to hear there is significant interest from the…

Saturday, Jun 24


Passengers face delays on one in four Scottish flights

Flights at Edinburgh suffered the most delays in the year to March, according to analysis of official Civil Aviation Authority figures. Picture: Ian Rutherford. ALASTAIR DALTON. 06:00 Saturday 24 June 2017. Share this article. 0. Have your…

Farmers ‘fed up’ with Scottish Government over CAP payments

The Scotsman

Scottish farmers yesterday said they are fed up with Scottish Government apologies for late CAP payments as they demanded action to ensure they receive their money on time.

Friday, Jun 23


Michael Gove: Brexit could boost Scots fishing industry

Leaving the European Union will create a “sea of opportunity” for the fishing industry, the new Environment Secretary Michael Gove has said.


Bailed-out Allied Irish Banks returns to stock market

Ireland has returned Allied Irish Banks (AIB) to the stock market in a landmark moment that underscores the lender’s recovery after it was saved from collapse during the financial crisis.


Post-Brexit farming industry ‘could look very different’

Scottish farming will survive the rigours and threats posed by Brexit – but a very different industry might emerge on the other side.


Martin Flanagan: Chancellor tries to ease Brexit concerns

Chancellor Philip Hammond wants to reassure business that Brexit is not going to be quite as bad as the worst off-the-cliff, “no deal is better than a bad deal” fears.

Weaker pound gives shot in arm to British factories

Manufacturers are enjoying their strongest pipeline of orders in three decades as the Brexit-battered pound helps boost demand for “Made in Britain” products.

Stephen Boyle: One year on from the Brexit referendum

Germany invaded Poland on 1 September 1939. Two days later Britain and France declared war on Germany. Military engagements soon ensued and lives were lost but the next eight months became what we know as the Phoney War.


Passwords of senior UK figures ‘traded by Russian hackers’

The Scotsman

Passwords belonging to British politicians, diplomats and senior police officers have been traded by Russian hackers, it has been reported.

Scotland’s economy: enterprise agency for southern Scotland

A new enterprise agency is being set up to meet the “distinctive economic needs” of the south of Scotland.

Thursday, Jun 22


Model trains firm Hornby rebuffs £27.4m takeover bid

Model train maker Hornby has said that a takeover bid launched by Phoenix Asset Management “significantly undervalues” the company.


Business collaboration is key, say educators


Businesses are increasingly taking steps to embrace innovation – indeed some came on board right when the term first started gaining momentum and are already leading the way – but for that trend to continue, collaboration is key. Until…


FirstGroup and Stagecoach shortlisted to run HS2 railway

Aberdeen-based FirstGroup and Perth rival Stagecoach are among three bids to have been shortlisted to operate the HS2 high-speed railway, the UK government announced today. The companies are competing for the West Coast Partnership…

Conflict warning over farm plans in Queen’s Speech

While perhaps not immediately obvious, yesterday’s Queen’s Speech contained some important issues for the farming world.


Highland Show prepares to open under shadow of Brexit

As the gates of Scotland’s biggest farming event are thrown open today, the fog of uncertainty – which has hung over the agricultural industry since the momentous news that the UK had voted to leave the EU became evident during last year’s…

Martin Flanagan: Whitbread wakes up and smells the headwinds


You might think people would forgo their daily transfusion at the coffee shop and businesses would cut back on travel and hotel bills in these more straitened times.


Whitbread reverses sales decline at coffee arm Costa

The latest results from coffee shops-to-budget hotels group Whitbread highlight that it is not the stellar story of recent years, but remains resilient even in tougher times for consumers.

Under-pressure Uber chief executive Travis Kalanick quits

Travis Kalanick has resigned as chief executive of taxi-hailing firm Uber following a series of scandals.


BoE chief economist may support interest rate hike

The Bank of England’s chief economist has poured cold water on the prospect of an immediate interest rate hike, but said he could vote for a rise later this year.