155 Aberdeen jobs saved with sale of Jablite Limited and Styropak Limited
Paul Dounis and Matthew Haw of RSM Restructuring Advisory LLP, the joint administrators of Jablite Limited and Styropack (UK) Limited have saved 155 jobs in Aberdeen after completing a prepack sale of the business and assets of both companies.
Published 1 July 2020
Symbiosis Pharmaceutical Services secures £1m funding from Allied Irish Bank
Stirling-based Symbiosis Pharmaceutical Services has secured a £1 million funding package from Allied Irish Bank (GB) to support its 2020 growth strategy.
Published 1 July 2020
THFC provides New Gorbals Housing Association with £4.5m funding at record-low fixed rate
The Housing Finance Corporation (THFC) has priced a £4.5 million cut of its 25-year Funding No.3 bond at a record-low fixed rate of 1.998%, with funds to be on-lent to New Gorbals Housing Association.
Published 1 July 2020
Smart Metering Systems returns furlough money to UK Government
Smart Metering Systems (SMS), the Glasgow-based energy tech firm, is returning its furlough cash received from the UK Government.
Published 1 July 2020
CMA imposes £1.2m in fines for price-fixing in private eyecare
The Competition and Markets Authority (CMA) has found that a private hospital group and seven consultant ophthalmologists broke competition law by taking part in illegal price-fixing.
Published 1 July 2020
Brexit had little effect on UK M&A deal volumes, report finds
Brexit had little effect on UK Mergers and Acquisitions (M&A) in the UK after the 2016 vote, according to a report published by Rooney Nimmo and investment company 24Haymarket.
Published 1 July 2020
Payment freeze for credit card and personal loans to continue
The Financial Conduct Authority (FCA) has confirmed that payments on credit card, personal loans and other revolving credit products will remain frozen for a further three months for those who are still experiencing temporary payment difficulties due to coronavirus.
Published 1 July 2020
BCC: 'Swift, substantial and immediate action' must be taken to bolster UK economy
The British Chambers of Commerce (BCC) has called for “swift, substantial and immediate action” to bolster the economy, as its Quarterly Economic Survey (QES) found that UK economic conditions deteriorated at an unprecedented rate in the second quarter of 2020.
Published 1 July 2020
And finally... tyred out
A German man has accidentally purchased 27 Teslas when trying to buy a new car.
Published 1 July 2020
Bank of Scotland: Business confidence falls even further in Scotland
Business confidence in Scotland fell by a further eight points during June to -41%, marking the lowest level of confidence across all UK regions and nations, according to the latest Business Barometer from of Bank of Scotland Commercial Banking.
Published 30 June 2020
