Publication: Business 7

First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

Bank of Scotland pledges £1bn increase in lending to small businesses

Bank is increasing lending to help firms "harness growth opportunities" as the economy recoversBank of Scotland said it will increase lending to small and medium-sized business by £1 billion this year to help firms harness growth opportunities as the ... [Published Business 7 - Mar 17 2014]
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

Motherwell Bridge sold to Cape Plc in $37.6m deal

Cape chief executive Joe Oatley said the acquisition was in line with its strategy to broaden its portfolio of critical industrial servicesSpecialist storage tank maker Motherwell Bridge has been sold to Cape plc in a deal worth £37.65 million.Cape, an ... [Published Business 7 - Mar 17 2014]
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

Business View & Comment: Pre-Budget comment: Chancellor must resist pruning green shoots

It is highly likely that corporate finance measures will not feature prominently in this week?s Budget and I suspect the Scottish and UK business community will be hopeful of that.This is partly in recognition of the fact there has been a significant ... [Published Business 7 - Mar 17 2014]
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

Company Results & Forecasts: Smart Metering Systems reports 42% hike in annual profits

Smart Metering Systems (SMS) has reported another year of double-digit revenue and profit growth on 38 per cent growth in its installed meter estate.The group reports pre-tax profits rose 42 per cent to $7.4 million (2012; $5.2 million) in the 2013 year ... [Published Business 7 - Mar 17 2014]
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

Scottish retailers report 4.1% dip in February footfall

Scotland's high street hardest hit, with footfall down 7.7% year on yearScottish retailers have reported a 4.1 per cent year on year fall in footfall for February.The Scottish figures, from the British Retail Consortium/Springboard retail footfall monitor, ... [Published Business 7 - Mar 17 2014]
Entities: Retailer, Scotland, Src
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

New report suggests 'sharp rise' in starting salaries

Bank of Scotland February report on jobs suggests "record increase" in wages for new recruitsStarting salaries for permanent jobs rose at their fastest pace in more than a decade in February, according to new figures from Bank of Scotland.Its February ... [Published Business 7 - Mar 17 2014]
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

Premier Hytemp to add 100 new jobs on new orders worth £25m

Edinburgh-based precision engineering firm planning "significant expansion" to meet market demandEngineering firm Premier Hytemp is planning “significant expansion” of its manufacturing capabilities in Scotland and Singapore after securing new contracts ... [Published Business 7 - Mar 17 2014]
First reported Mar 14 2014 - Updated Mar 15 2014 - 1 reports

First-half losses narrow for Scotgold

Metals miner believes “Cononish could be producing gold and silver within 18 months of obtaining financing”Gold mining firm Scotgold Resources has reported a narrowing of losses for the first half to December.The UK and Australian-listed metals miner, ... [Published Business 7 - Mar 14 2014]
First reported Mar 14 2014 - Updated Mar 15 2014 - 1 reports

Food and Drink: UK sales of Scotch whisky down 3% in 2013

Sales of Scotch whisky in the UK dipped three per cent last year according to new official figures.The number of 70cl bottles of whisky sold in the UK dipped to 87.5 million against 90.1 million the previous year, official government figures show.Trade ... [Published Business 7 - Mar 14 2014]
First reported Mar 14 2014 - Updated Mar 14 2014 - 1 reports

Independent Living Services to create 40 new jobs

Care provider said new jobs being added after securing enhanced contract extension with East Lothian CouncilCare provider Independent Living Services (ILS) is to create up to 40 new jobs in East Lothian.ILS, part of Mears Group, said the new jobs are ... [Published Business 7 - Mar 14 2014]
First reported Mar 12 2014 - Updated Mar 12 2014 - 1 reports

Scottish Business News: Scottish salmon exports to USA up 30% last year to 'almost £200m'

Scottish farmed salmon exports to the United States are expected to exceed $200 million for the first time this year, an industry body reports.The Scottish Salmon Producers' Organisation (SSPO) said sales to the US last year ?hit nearly $200 million for ... [Published Business 7 - Mar 12 2014]
First reported Mar 12 2014 - Updated Mar 12 2014 - 1 reports

Scottish Business News: Public support for Tesco/Dobbies joint development in East Kilbride

A public consultation into plans for a new Tesco and Dobbies development in East Kilbride has won widespread support.Supermarket giant Tesco said a local consultation event held last December suggests 93 per cent of locals who participated in the consultation ... [Published Business 7 - Mar 12 2014]

Quotes

"Since November 2012, we have completed significant investment in Singapore with our fourth heat treatment furnace and second set of quench tanks, put inin place new systems and procedures to deliver enhanced operational efficiency, and developed a comprehensive strategy for the future direction of the business."
Helen Dickinson, director general of the BRC, said: "Retailers created an exceptional and successful promotional period this January, but having taken advantage of those deals, some consumers have taken a little bit of a pause in their shopping in February."
Commenting on the latest Bank of Scotland survey figures, Scottish Government Finance Secretary, John Swinney, said: "These figures are welcome and signal continued improvement in Scottish job market conditions."
"We are now seeing the recovery gathering pace and there are more reasons for small and medium-sized enterprises (SMEs) to be optimistic and to start investing for growth."

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Motherwell Bridge sold to Cape Plc in $37.6m deal [Published Business 7 - Mar 17 2014]
Company Results & Forecasts: Smart Metering Sys... [Published Business 7 - Mar 17 2014]
Business View & Comment: Pre-Budget comment: Ch... [Published Business 7 - Mar 17 2014]
Premier Hytemp to add 100 new jobs on new order... [Published Business 7 - Mar 17 2014]
Scottish retailers report 4.1% dip in February ... [Published Business 7 - Mar 17 2014]
New report suggests 'sharp rise' in starting sa... [Published Business 7 - Mar 17 2014]
Bank of Scotland pledges £1bn increase in lendi... [Published Business 7 - Mar 17 2014]
First-half losses narrow for Scotgold [Published Business 7 - Mar 14 2014]
Food and Drink: UK sales of Scotch whisky down ... [Published Business 7 - Mar 14 2014]
Independent Living Services to create 40 new jobs [Published Business 7 - Mar 14 2014]
Scottish Business News: Committee calls for bre... [Published Business 7 - Mar 12 2014]
Scottish Business News: Public support for Tesc... [Published Business 7 - Mar 12 2014]
Scottish Business News: Scottish salmon exports... [Published Business 7 - Mar 12 2014]
TC BioPharm Ltd secures £500,000 grant funding [Published Business 7 - Mar 12 2014]
Stewart Milne Group strengthens east of Scotlan... [Published Business 7 - Mar 12 2014]
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