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Business in Full

Friday market close: FTSE remains downbeat on weak oil price

The London market was rooted in the red as blue-chip stocks continued to suffer in response to the weak oil price.

Business 6
A fishing boat lies idle in Ullapool. Michael Gove has said Brexit will offer the fishing industry an opportunity for expansion. Picture: Jon Savage/TSPL

Michael Gove: Brexit could boost Scots fishing industry

Leaving the European Union will create a “sea of opportunity” for the fishing industry, the new Environment Secretary Michael Gove has said.

General Election 16
Lews Castle in Stornoway has been recently refurbished for weddings and corporate events.

Themed years benefit business tourism

Scotland’s themed years are important dates for the events industry.

Management
Premier Punt is also revamping its website for the new football season. Picture: Scott Louden

Fantasy sports firm Premier Punt secures casino licence

Premier Punt, the Edinburgh-based fantasy sports operator, has been awarded a remote casino licence from the Gambling Commission.

Media & Leisure
Mark Donald is chairman of the New Generation Committee at NFU Scotland.

Scotland’s economy: agricultural innovation key to secure farming future

Innovation will be key as tomorrow’s farmers take on the challenges of the land.

Management
Perth-based Stagecoach releases its annual results on Wednesday. Picture: Stagecoach/PA Wire

Stagecoach battles against headwinds at bus operation

Perth-based transport giant Stagecoach is set to reveal that UK bus revenues remain under pressure amid economic headwinds and rising inflation when it reports final results next week.

Transport 1
Ireland's government hailed  a 'significant milestone' as it sold shares in Allied Irish Banks. Picture: Peter Muhly/AFP/Getty Images

Bailed-out Allied Irish Banks returns to stock market

Ireland has returned Allied Irish Banks (AIB) to the stock market in a landmark moment that underscores the lender’s recovery after it was saved from collapse during the financial crisis.

Financial 1
SFE chief executive Graeme Jones, left, with Burness Paull partner Callum Sinclair. Picture: TSPL

Scottish fintech body to be established to drive growth

A new body is to be created with the aim of promoting growth in Scotland’s burgeoning financial technology (fintech) sector.

Financial 1
Peter Hillier is portfolio director at Cazenove Capital.

Peter Hillier: Tweets rock the market

Treat the Twittersphere with a pinch of salt, says Peter Hillier.

Promoted content
76 workers have been flown off a North Sea oil platform. Picture; PA

BP’s North Sea platform evacuated with 76 workers flown off

More than 70 people have been flown off a North Sea platform after it suffered a loss of power.

Energy
'We could witness levels of activity not seen on the LSE for the last five years,' says Rosalie Chadwick, head of corporate finance at Pinsent Masons. Picture: Contributed

Rosalie Chadwick: More Scots flotations on the horizon

Glasgow-based fashion retailer Quiz recently confirmed it is considering a £200 million ­flotation on the London Stock Exchange (LSE) and if it goes public will become the first sizeable initial public offering (IPO) that Scotland has seen for some time.

Companies
Women's Enterprise Scotland ambassador Lynn Mann says support is needed. Picture: Malcolm Cochrane

Growing efforts to encourage more women into agriculture

There has been a call for more women to consider a career in the farming sector.

Farming
The Oil & Gas Technology Centre is led by chief executive Colette Cohen. Picture: Ross Johnston/Newsline Scotland

Oil & Gas Technology Centre pumps £1.6m into projects

Aberdeen’s Oil & Gas Technology Centre has approved investment of more than £1.6 million in new projects, just four months after opening for business.

News
George Lyon asked whether farmers were prepared for the challenges raised by Brexit. Picture: Contributed

Post-Brexit farming industry ‘could look very different’

Scottish farming will survive the rigours and threats posed by Brexit – but a very different industry might emerge on the other side.

Farming 12
Forestry Commission Scotland said new woodland can offer flexibility to sheep farmers. Picture: Stuart Cobley

Grant scheme aims to bridge gap between trees and sheep

A new funding package under the Forestry Grant Scheme will help farmers integrate new woodlands between ten and 50 hectares into their farms, it was claimed yesterday.

Farming
'It is questionable whether real EU clarity lies in Philip Hammond's gift,' writes Martin Flanagan. Picture: Neil Hanna

Martin Flanagan: Chancellor tries to ease Brexit concerns

Chancellor Philip Hammond wants to reassure business that Brexit is not going to be quite as bad as the worst off-the-cliff, “no deal is better than a bad deal” fears.

Markets Economy 3
John Glass, malt master at Glengoyne Distillery, which lies on the edge of the national park. Picture: Contributed

Foodies give £60m boost to Loch Lomond national park

Food and drink in Loch Lomond & The Trossachs National Park has grown to be worth £60 million in the past two years, new figures reveal.

Retail

Stephen Boyle: One year on from the Brexit referendum

Germany invaded Poland on 1 September 1939. Two days later Britain and France declared war on Germany. Military engagements soon ensued and lives were lost but the next eight months became what we know as the Phoney War.

Markets Economy 5
The Brexit-battered pound helped export orders hit a 22-year high. Picture: David Davies/PA Wire

Weaker pound gives shot in arm to British factories

Manufacturers are enjoying their strongest pipeline of orders in three decades as the Brexit-battered pound helps boost demand for “Made in Britain” products.

Markets Economy 1
Housing minister Kevin Stewart said small-scale developers are 'essential'. Picture: Jon Savage

LendInvest launches academy for budding property tycoons

Online mortgage specialist LendInvest has kicked off a non-profit initiative in Scotland aimed at helping budding housebuilders and property developers to secure finance for their plans.

Financial
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