TELECOMS business Thus last night said it had recommended that shareholders accept Cable & Wireless’ 180p-a-share takeover offer, knocking its share price down a penny to 179p.
London-based C&W confirmed earlier this week that it owned or had acceptances fromthe owners of 78.5 per cent of Thus stock. The Glasgow-based firm yesterday said in response that [...]
Archive for the ‘Announcements’ Category
Thus confirms recommendation to accept C&W’s takeover offer
Posted in Announcements, Business news, Scottish business, tagged Cable & Wireless, Thus on August 31, 2008 | Leave a Comment »
Scotia’s Laundry Business effected by Smoking Ban
Posted in Announcements, Business news, tagged Laundry Serive in Scotland, Scotia Laundry Services on August 30, 2008 | Leave a Comment »
PEOPLE dry cleaning their clothes less frequently because of a lack of smoke in pubs and restaurants has contributed to the downfall of one of Scotland’s leading independent dry cleaning and laundry firms, with the loss of 17 jobs.
Scotia Laundry Services has fallen into administration following a downturn in trading in the wake of the [...]
John Lewis says No to Job Cuts!
Posted in Announcements, Business news, Scottish business, tagged Department Stores in Scotland, John Lewis, John Lewis Paartnership on August 29, 2008 | Leave a Comment »
The chairman of the John Lewis Partnership today ruled out job cuts at the group this year to weather the current squeeze on the high street.
John Lewis, which owns the department store chain and supermarket Waitrose, is owned by its 69,000 staff or “partners”.
Last week it emerged that bitter rival Marks & Spencer is slashing [...]
Hoy is the Pride of Scotland with a home coming welcome
Posted in Announcements, Scotland, tagged Chris Hoy, Scot Gold Medal, Scottish Cyclist on August 28, 2008 | Leave a Comment »
TENS of thousands of well- wishers thronged the streets of Edinburgh yesterday as Scotland’s Olympic heroes returned home in triumph. Waving from an open-topped bus, the four Scots medallists – Chris Hoy, David Florence, Katherine Grainger and Ross Edgar – appeared shocked by the scale of the celebrations.
With the Royal Mile taken over by a [...]