CURRYS – the go-to store for many for TVs, laptops, computers, mobile phones, air fryers and more – saw underlying pre-tax profits rise by 10% to £118 million in the year to April 27 although it reported a 2% drop in UK like-for-like sales.
Tech and electrical retailer ‘planning prudently’ but confident about the year ahead
EDGE Solutions, a Scottish wind energy specialist. has signed an exclusive 10-year exclusive supply agreement with global materials company Ineos Styrolution, a German-headquartered subsidiary of UK chemicals conglomerate Ineos.
HIGH street lender NatWest has swooped for Sainsbury’s Bank in a deal worth £2.5 billion, adding one million customer accounts as it moves to accelerate the growth of its retail banking business.
ANOTHER week, another wave of consolidation in the banking sector – this time the high street lender NatWest Group in a strategic £2.5 billion deal for Sainsbury’s Bank that secures it an extra one million customer accounts.
“THIS is good old-fashioned word-of-mouth marketing, but amplified for the digital age and scalable through our innovative technology.” That’s how beer tycoon James Watt describes his new business venture Social Tip, an app platform “designed to help make anyone an influencer”.
SCOTS beer entrepreneur James Watt’s announcement last month that he was relinquishing his role as chief executive of beer giant BrewDog to concentrate on other projects might have signalled that the business world might be hearing less from the self-assured businessman who has been both controversial and provocative as a leader.
HIGH street bank Virgin Money yesterday warned of “headwinds” from interest rate cuts and pointed to cost pressures as it temporarily pauses restructuring efforts during its £2.9 billion acquisition by Nationwide Building Society.
New hotels payment initiative from Glasgow software firm
IT’S always a stressful time for customers when a bank decides to close a local branch or, as is the case with Virgin Money, merge with a competitor. For customers of the Clydesdale and Yorkshire banks, it must seem like déjà vu as it wasn’t that long ago that Virgin agreed to a £1.7 billion takeover by the owner of the two institutions that led to the loss of more than 1,500 jobs.
