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© 2025 a º£½ÇÊÓÆµ
Scotland
10:08, 6 JAN 2025
Beano publisher recovers from £161m loss after axing hundreds of jobs
By City AM
DC Thomson was founded in 1905 and also publishes The Sunday Post and The Dandy
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º£½ÇÊÓÆµ media giant including Yorkshire Post and The Scotsman to be bought in £65m deal
By City AM
National World, which has a range of newspapers and websites in its portfolio, has agreed to a takeover by Media Concierge, which already owns a stake in the business
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Spain's Navantia to save failing shipbuilder Harland & Wolff
Deals
Business secretary Jonathan Reynolds said the deal was a 'huge vote of confidence' in the º£½ÇÊÓÆµ
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Profit soars at luxury handbag firm loved by Princess of Wales and Meghan Markle
By City AM
Strathberry was founded by husband and wife team Guy and Leeanne Hundleby in 2013. It has grown its workforce to around 100 in recent years
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FirstGroup buys one of London's biggest bus operators in £90m deal
By City AM
The London-listed firm said on Tuesday it had signed a £90m deal to take RATP London off the hands off its owner, the French-state owned public transport provider RATP Group.
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TSB Bank names new boss as Robin Bulloch to retire after 45-year career
By City AM
TSB Bank said it has appointed Marc Armengol as its new CEO, with incumbent boss Robin Bulloch set to retire
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Scotland's Tunnock's saw profits quadruple despite chocolate crisis in Africa
By City AM
Tunnock's has reported a pre-tax profit of £4m for the 12 months to 24 February, 2024, according to newly-filed accounts with Companies House
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SSE profit rockets as boss prepares to stand down after more than 11 years at the helm
By City AM
In the six months to September, SSE's adjusted pretax profit rose 26 per cent, climbing to £714.5m up from £565.2m in the same period last year.
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Center Parcs announces plans for its first Scottish holiday village promising 1,200 jobs
By City AM
Center Parcs has announced plans to open its first holiday village in Scotland in an investment worth up to £400m which would create around 1,200 permanent jobs
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Weir Group secures major contracts in Pakistan and Morocco, eyes sustainable mining solutions
By City AM
The Scot firm's cost-cutting programme is progressing at pace, with £19m of cumulative savings brought in so far, it said in a quarterly trading update.
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Schuh boosts employment past pre-pandemic levels, creating nearly 400 jobs
By City AM
The Scotland-headquartered footwear retailer employed 4,369 people at the end of its latest financial year - up from its total of 3,975 in the prior 12 months
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Hawksmoor steakhouse chain eyes £100m valuation amid record sales and expansion
By City AM
The London-headquartered steakhouse chain has reported a turnover of £89.7m for 2023, up from the £73.9m it achieved in 2022. It comes after private equity firm Graphite Capital put the chain up for sale
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Vinyl to return to WH Smith stores for first time in more than 30 years
Retail & High Street
Sales of vinyl in the º£½ÇÊÓÆµ jumped 11.7% to nearly six million last year
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Swindon logistics firm acquired by Scottish shipping company
Deals
Wiltshire's Omni Channel Fulfilment will become part of the bigger Glasgow-based business following the deal
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Channel 4 reports record loss amid 'challenging year' for º£½ÇÊÓÆµ broadcaster
By City AM
The º£½ÇÊÓÆµ's Channel 4 has reported a record loss as it was hit by a "tough cyclical TV advertising downturn" but said it was starting to stabilise.
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Motorpoint rebounds with £2m profit, overcoming last year's losses amid improved market conditions
By City AM
The used car supermarket said that it expects to deliver a pretax profit of around £2m in the six months to September, compared to a pretax loss of £3.7m in the same period last year
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Greencore hails 'outstanding' performance as it gives meal deal profit update
By City AM
Greencore, which supplies all the º£½ÇÊÓÆµ's major supermarkets with salads, sushi, sandwiches, snacks, ready meals, and soups, said it now expects its full year profit to be "ahead of current market expectations"
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Unite Students reports strong growth with 97.5% occupancy amid º£½ÇÊÓÆµ student housing crunch
By City AM
The British student accommodation giant said it had seen nearly-full student accommodation blocks amid record demand from students and still-constrained supply in the º£½ÇÊÓÆµ
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JLL profits plummet as 'market uncertainty' hits earnings
By City AM
The London-headquartered division has reported a pre-tax profit of £21.9m for 2023, down from the £60.9m it achieved in 2022
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Glenfiddich and Hendricks Gin maker sees sales near £2bn as profit tops £500m
By City AM
William Grant & Sons, which is headquartered in Scotland, has reported a turnover of £1.96bn for its latest financial year, up from the £1.72bn it achieved in 2022
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Amazon to hire more than 15,000 staff during Christmas period
Retail
The jobs with the retail giant will be based across the º£½ÇÊÓÆµ
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Dishoom smashes £100m sales barrier and creates almost 300 jobs in record year
By City AM
The London-headquartered restaurant chain has posted a turnover of £116.8m for 2023, according to newly-filed accounts with Companies House
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Deltron on growth trail with five acquisitions
SMEs
Black Country lift specialist continues expansion after securing private equity backing during the summer
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TGI Fridays is selling all of its º£½ÇÊÓÆµ restaurants as administrators hover
Restaurants
A total of 87 restaurants have been placed on the market as the brand's owner sees its share price tumble
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