CARLTON Clubs www.carltonclubs.com, the bingo club operator, has reported a surge in full-year profits as its wage bill fell.
Accounts newly filed at Companies House show that the Inverness-based firm, which runs 16 venues in Scotland and the north-east of England, generated a pre-tax profit of £2.49 million in the year to 30 December.
The result compares [...]
Archive for July, 2008
Carlton Clubs increases Leisure Revenue
Posted in Business news, Scottish business, tagged Carlton Clubs, Leisure Clubs, UK Bingo Operators on July 31, 2008 | Leave a Comment »
Thus wins £12m work for green data link in Iceland
Posted in Business news, Scottish business, tagged Scottish telecom, sscottish business, Thus Group on July 30, 2008 | Leave a Comment »
THUS Group, the Scottish telecommunications company which is set to be swallowed by a rival, continues to snap up lucrative contracts, winning a £12 million deal to link “green” data centres in Iceland with the rest of the world.
Glasgow-based Thus revealed yesterday that it was providing Farice, which operates the underwater cabling network that links [...]
Tesco’s strange move to diversify into retail banking
Posted in Business news, Scottish business, tagged banking, Royal Bank of Scotland, Tesco, Tesco's on July 29, 2008 | Leave a Comment »
TESCO www.tesco.com last night signalled an aggressive move into retail banking after concluding its long-awaited £950 million deal to buy out Royal Bank of Scotland from the two companies’ finance joint venture.
The UK’s largest retailer revealed ambitious plans to take on its former partner and other high street banks in the battle for consumer current [...]
HG Capital intrested to buy out Media firm Wilmington
Posted in Business news, tagged HG Capital, Wilmington on July 28, 2008 | Leave a Comment »
MEDIA firm Wilmington www.wilmington.co.uk is in talks with private equity group HgCapital about a possible takeover, according to a Sunday newspaper report.
It is said that HgCapital will decide in the next few weeks whether to make a formal offer for Wilmington, which organises events and publishes magazines such as Solicitors Journal and Press Gazette.
The firm’s shares, [...]
Solution 1 secures contract to Pelamis Wave
Posted in Business news, Scottish business, tagged Pelamis Wave, Scottish business, Solution 1 on July 27, 2008 | Leave a Comment »
SOLUTION 1, www.solution1.co.uk an Edinburgh-based internet and telephone provider, has won a contract to supply communication services to Pelamis Wave Power.
The three-year contract covers telephone services, e-mail, Blackberry services and software management.
Pelamis, which also has its headquarters in Edinburgh, has about 70 staff and runs wave power projects in Europe. Solution1 said the new system [...]
Yell’s got alot to shout about with strong growth
Posted in Business news, tagged Directory, Yell, Yellow Pages on July 26, 2008 | Leave a Comment »
STRONG internet growth helped Yell lift its underlying earnings by 8 per cent to £160.8 million in the three months to 30 June.
Yell, which publishes the Yellow Pages telephone directory, said its online operations, including Yell.com, now accounted for an “increasingly significant” share of group revenues, up to 16 per cent from 12 per cent [...]
Weber Shandwick win international PR Award
Posted in Business news, Scottish business, tagged Weber Shandwick on July 25, 2008 | Leave a Comment »
PUBLIC relations consultancy Weber Shandwick www.webershandwick.com has won an international award for Best Communications Organisation in the 2008 International Business Awards.
The company, which has offices in Edinburgh, Aberdeen, Glasgow and Inverness and employs 55 people in Scotland, also saw managing director Nora Senior named a finalist in the Best Communications Executive global award category.
The awards, nicknamed the [...]
Bank of Scotland lends £27.6 to Babcock & Brown
Posted in Business news, Scottish business, tagged Babcock & Brown, Bank of Scotland, Banks in Scotland on July 24, 2008 | Leave a Comment »
BANK of Scotland Corporate is to provide Babcock & Brown with a five-year 35 million (£27.6m) revolving asset financing facility.
The funds will be used to buy photo voltaic modules for use in southern Europe. The modules convert sunlight into electrical current.
Forth Wines confident of merry sales upturn
Posted in Scottish business, Uncategorized, tagged Forth Wines, Wine Distribution in UK, Wines in Scotland on July 23, 2008 | Leave a Comment »
FORTH Wines, which bills itself as Scotland’s largest specialist wine merchant, is forecasting a sales turnaround after turnover in the year to the end of February dipped 1.4 per cent.
Accounts newly filed at Companies House show that the Kinross-shire firm, which forms part of UK drinks wholesaler Matthew Clark through a joint venture between Constellation [...]
Detica targeted for takeover bid by BAE Systems
Posted in Business news, Scottish business, Uncategorized, tagged Detica, Detica.com, Intelligence systems on July 22, 2008 | Leave a Comment »
SPECULATION was rife last night over a possible takeover bid for Detica www.detica.com , which builds intelligence systems.
Shares in the technology company, which is involved in improving the UK’s border security, closed up 32.5 per cent at 401.5p.
Press reports linked BAE Systems with an informal offer for Detica, but analysts speculated Italy’s Finmeccanica, along with [...]
