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Problems continue to build in the Scottish construction sector

Category: Construction Finance — Mark on February 28, 2012

Tough economic conditions are still causing severe difficulties in the Scottish construction sector, according to the latest figures from the Bank of Scotland. (more…)

Employee ownership key to robot success

Category: Scotland Success Stories — Paul Morgan on February 26, 2012

An East-Kilbride firm is set to continue its ambitious plans for growth, having reported a huge increase in its turnover since employees took control of the running of the company. (more…)

Toffee workers helped through sticky patch with compensation win

Category: Scotland Business News — Gary Cain on February 24, 2012

The 103 former staff of McCowan’s, the toffee maker that collapsed in the autumn of last year, have been awarded more than £200,000 in compensation. (more…)

Scotland in bid for space tourism HQ

Category: Scottish Economy — Mark on February 22, 2012

In 2013, the first ‘space tourists’ are scheduled to take off from a Virgin Galactic spaceport in New Mexico in the US. Though the venture headed by Richard Branson is yet to fully launch, it seems that expansion plans are already being explored. (more…)

Scottish retail sales down as UK sales rise

Category: Scotland Finance News — Paul Morgan on February 20, 2012

The news earlier last week that Scottish retail sales had suffered their worst ever monthly performance in over ten years was put into sharp perspective on Friday with the news that UK sales had risen.

The figures released by the Office for National Statistics show that across the UK (more…)

Scottish unemployment continues to rise

Category: Scottish Economy — Gary Cain on February 18, 2012

Official figures announced on Thursday 15th February showed that Scottish unemployment had risen again, this time by 16,000 over the period of October to December 2011.

The data released by the Office for National Statistics shows (more…)

Rangers FC goes into administration

Category: Scotland Business News — Mark on February 16, 2012

Glasgow Rangers Football Club filed legal papers on Monday February 13 2012 making clear its intention to move into administration.

The papers were lodged by the club at the Court of Session in the capital, Edinburgh, notifying the authorities of (more…)

Engineering firm continues robust growth plans

Category: Scotland Business News — Paul Morgan on February 14, 2012

Scottish company Weir Group has continued its ambitious acquisition process, following a £200 million bid for an Australian mining company.

At present, it is only an indicative bid, with the Glasgow-based engineering company advising that their bid for Ludowici was subject to (more…)

Glasgow named as renewable energy HQ

Category: Scotland Business News — Gary Cain on February 12, 2012

Vince Cable, the Business Secretary, has officially launched the Offshore Renewable Energy (ORE) Catapult centre in Glasgow. (more…)

High number of companies in Scotland go to the wall

Category: Scotland Business News — Gary Cain on February 10, 2012

It is possible to claim Working Tax Credits, Child Tax Credits or both, as long as you fulfil specified criteria. The claim will be based on the number of paid hours you work each week, the number of children and your total household income. (more…)

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