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 ‘Scottish business’ 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 »
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 [...]
Connery Launches Memoirs in Edinburgh
Posted in Business news, Scottish business, tagged 007, Coonery Memoirs, James Bond, Sean Connery on August 27, 2008 | Leave a Comment »
Edinburgh: He’s recognized around the world as the iconic face of James Bond 007. Sean Connery is also well known as a proud Scot, and yesterday he returned to his home town to launch his autobiography.
Being a Scot looks at Connery’s early life as a milkman in the city’s Fountainbridge neighbourhood, then delces into a [...]
Venturehaus to open Scotland branch in Edinburgh
Posted in Business news, Employment News, Scottish business, tagged Operational Excellent for financial services, Scottish business, Venture Scottish office, Venturehaus on August 26, 2008 | Leave a Comment »
FOR IMMEDIATE RELEASE
Venturehaus is delighted to announce the opening of its new office in St Andrew Square in Edinburgh. With the burgeoning Scottish financial marketplace and the growth of Operational Excellence in many Scottish institutions, Venturehaus is responding to the call to provide local support and knowledge to its clients north of the border.
Since 2002, [...]
Business in Space Race to Beat Credit Crunch
Posted in Scottish business, tagged Corporate Interior Design, Space Solutions on August 25, 2008 | Leave a Comment »
Workplace experts have revealed how the credit crunch is forcing thousands of Scottish businesses to consider how they can make more efficient use of their business space.
Space Solutions is Scotland’s biggest independent expert in managing workplace change and its fortunes have shown a dramatic upswing in the first half of 2008.
Director Derek Binnie says the [...]
Menzies in bad shape over airline slowdown
Posted in Business news, Scottish business, tagged Menzies Aviation, Scottish business on August 21, 2008 | Leave a Comment »
PROFITS at John Menzies plummeted by more than a fifth this year as the slowing world economy took its toll on the company’s core business.
Falling cargo and passenger volumes in the US and Europe led to a drop in half-year profits from £15.3 million to £11.4m, a fall of nearly 22 per cent.
But yesterday the [...]
Murray pulls out of Rangers deal at the last minute
Posted in Business news, Scottish business, tagged Rangers, Sale of Rangers, Sir David Murray on August 17, 2008 | Leave a Comment »
RANGERS chairman Sir David Murray has revealed that he came within hours of selling the club, but pulled out of the deal at the last minute because he doubted the buyers’ long-term ambitions.
The Ayrshire entrepreneur has told Scotland on Sunday that details of the deal had been finalised after two months of secret negotiations, but [...]
Connect Scotland plans to re open in 2009
Posted in Business news, Scottish business, tagged Capital Raising in Scotland, Connect Scotland, Fundraising in Scotland on August 16, 2008 | Leave a Comment »
THE relaunched Connect Scotland does not expect to have a director at the helm until early next year when it is also likely to resume its fundraising events for early-stage companies.
The funding body folded last month under a growing debt pile, but Glasgow Opportunities (GO) has combined with two English business networking agencies – Connect [...]
YouGov deal falls and effects downturn in revenue
Posted in Scottish business, tagged YouGOV on August 12, 2008 | Leave a Comment »
MARKET research group YouGov yesterday warned that its full-year earnings would be less than expected after a mysterious failed takeover deal cost it £1.2 million.
The firm, which conducts high-profile political polls, also blamed increased investment as it said underlying operating profits would come in at about £8.5m – £1.8m lower than expected by its house [...]
Edinburgh Leisure’s numbers shapeing up well in Scotland
Posted in Scottish business, tagged Edinburgh Leisure, Health & Fitness in Scotland, Scottish Leisure on August 11, 2008 | Leave a Comment »
The Edinburgh Leisure trust, which took over the running of the city’s sports facilities ten years ago, has seen its income rise by an average of 15 per cent a year since its launch – despite a static sports and fitness market UK-wide.
The number of customer visits to Edinburgh Leisure’s facilities rose to 4.13 million [...]
