Scottish Business Briefing – Monday October 13, 2008
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Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.
Categories: National news
Sir Philip set to buy Princes Street stores
MANY of Princes Street's biggest stores are set to be bought over by billionaire retail tycoon Sir Philip Green.
Categories: National news
Businesses 'bury bad news'
THREE quarters of business people think companies are reluctant to expose the full extent of the financial downturn they are facing, new research has found.
Categories: National news
Mall to be Centre of attention
A NEW shopping centre in the Lothians is set to be unveiled this week.
Categories: National news
Britannia in merger talks
BRITANNIA today confirmed it is in talks with Co-Operative Financial Services over a possible future merger.
Categories: National news
Premier looks to cut crippling debt
HOVIS owner Premier Foods has confirmed it is looking at ways of cutting its debt. A number of private equity groups have approached the company to discuss deals which would
Categories: National news
Scots activity figures boost
BUSINESS activity across Scotland is continuing to fall, but the rate of decline is slowing.
Categories: National news
LaSalle wins Euro honours
PROPERTY firm Jones Lang LaSalle has been named as the top office agency team in Europe.
Categories: National news
Scotland forecast to lose 38,000 jobs
SCOTTISH companies are shedding jobs at the fastest rate in more than a decade, casting an even greater shadow over the economy north of the Border.
Categories: National news
Hester set to land top RBS role as Goodwin pays price for slump
STEPHEN Hester, head of property giant British Land, is set to emerge as the new chief executive of Royal Bank of Scotland in a regime change forced by the dramatic collapse
Categories: National news
Britannia and CFS moot merger idea
MOVES to create a "super- mutual" from the merger of the Co-op's financial services arm and the Britannia building society were revealed yesterday.
Categories: National news
Monday interview: Leon Walker
IT'S the romantic notion most readily associated with retirement. But for Leon Walker, the 55-year-old head of oil technology firm PGS EM, sailing off into the sunset is l
Categories: National news
Friends Provident 'eyeing up' stake in St James's Place Capital
FRIENDS Provident chief executive Trevor Matthews is considering buying up HBOS's majority stake in wealth manager St James's Place Capital, weekend reports claimed.
Categories: National news
Caledus well primed to cash in on Middle East
CALEDUS, the Aberdeen-headquartered well construction firm, has opened its first Middle East base as it reveals it expects double-digit growth over the coming year.
Categories: National news
Venturehaus trains its sights on capital
A TRAINING and consultancy firm that specialises in financial services is bucking the credit crisis by opening a new base in Scotland.
Categories: National news
EC refuses to break away from the flock
TRAVELLING to Brussels and back in one day is not to be recommended, but that is what a group of journalists and several farmers did last Monday. The purpose of the trip from
Categories: National news
Between the lines: Struggling companies risk ignoring employment law at their peril
NO-ONE can underestimate the scale and devastating impact that the meltdown in the financial markets and systems has had, and will have, on the UK and world economies. But ev
Categories: National news
The week ahead
AGGREKO shares have plunged in recent weeks, but analysts believe the company could announce more profit upgrades when it updates the market on third-quarter trading on Thursd
Categories: National news
Goodwin in £10bn fight for survival
SIR Fred Goodwin, the chief executive of Royal Bank of Scotland, will put his future on the line this week in a bid to rescue the bank from a crisis that has seen £30bn wiped
Categories: National news


