Transport operator FirstGroup is launching a £615m rights issue following an 86% fall in pre-tax profits to £37.2m. The proceeds of the fundraising will be used to pay down some of the groups £2bn debt. Underlying pre-tax profits fell £99m to £172.4m, while revenue increased by 3.3% to £6.9bn.
23 May 2013
New co-heads of global M&A Appointed - £1.4bn Turnover - view original
JP Morgan Plc | Reg No. 00248609 | SIC Code 6512 | HQ London | Tel 020 7742 4000 | Turnover £1,411.0m | Employees 770 | Locations 3 | 106 Company Alerts | 4 Subsidiary Alerts
JP Morgan has named Hernan Cristerna and Chris Ventresca as the new co-heads of global mergers and acquisitions. The company has an annual turnover of £1.4bn and employs 800 Staff.
23 May 2013
£150m leisure fund - Banks act on survey results - view original
Royal Bank of Scotland Group PLC | Reg No. SC045551 | SIC Code 7415 | HQ Scotland | Tel 0131 556 8555 | Turnover £39,128.0m | Employees 142600 | Locations 2400 | 726 Company Alerts | 162 Subsidiary Alerts
Natwest Bank and Royal Bank of Scotland has launched a 150m fund to support investment for the leisure industry. Lending under the fund comes with two six-month capital repayment holidays allowing breathing space for investment and contingency planning. The funding was set up after the results of a survey showed that 30% of respondents don't feel they invested sufficiently in 2012 to remain competitive, while 55% feel investment in refurbishment or new equipment would make a positive impact on their business.
Infinis PLC | Reg No. 05719060 | SIC Code 4011 | Tel 01604 662400 | Turnover £143.3m | Employees 294 | Locations 80 | 5 Company Alerts
An application has been lodged by Infinis for a six-turbine extension to the Glenkerie wind farm near Tweedsmuir. Eleven turbines were approved in 2008 and became operational in 2012. The company has an annual turnover of £143.4m and employs 300 members of staff.
23 May 2013
Former Yorkshire Water depot site snapped up for housing
23 May 2013
New food processing factory - creating 30 jobs
23 May 2013
Opens Glasgow store - business expansion - potential new jobs
23 May 2013
100s of jobs at risk - division loses £3.1m - profits up 5% to £11m
23 May 2013
Property division expands into England - potential new jobs - 50m fund launched in Scotland
22 May 2013
Mitie Group, which employs thousands of North of England workers, sees mechanical and electrical sid...
22 May 2013
Revenues 1.98bn - Contract Wins - Enara Acquired
22 May 2013
CFO Appointed - £373.8m Turnover
22 May 2013
Sales at 80m - 500 New Jobs - 50 New Stores
22 May 2013
Turnover up to £4m - £1m Investment - New Jobs
22 May 2013
Turnover up to £128.1m - Profits down to £4.9m - new Staff
22 May 2013
£8m contracts secured - 20 new jobs
22 May 2013
Atos opens centre in Moray
22 May 2013
Costs Cut - 1400 Jobs Lost - Edinburgh Worst Hit
21 May 2013
Acquires Scottish dealership - 8.75m investment - property sale planned
21 May 2013
Acquired by Lookers - integrations phase
21 May 2013
£30m wind farm development - opportunities for local firms
21 May 2013
£8m investment - school development proposals
21 May 2013
15% growth expected - performance improving at GTS division
20 May 2013
Four new routes from Birmingham - creating jobs
20 May 2013
£7.25m Barclays funding secured - anaerobic plant expansion - potential new jobs
17 May 2013
Acquired by Volvere - 150 Staff - £10m Revenue
17 May 2013
Oliver Valves opens new 750k distribution hub
17 May 2013
NEL Fund Managers investment - office expansion - investing in IT - creating jobs
17 May 2013
£750,000 Investment - New distribution centre - £65.5m Sales
17 May 2013
£3m Contract Wins - Profit £800K - Turnover £5.3m - New Jobs
17 May 2013
In administration - Buyer Sought - 26 Jobs at Risk
More than four million people live in Scotland, a region rich in both heritage and cultural diversity. And one that embraces change and challenge. The Scottish Regional Assembly will become the region’s foremost voice; creating a strategic partnership to boost the economic, social and environmental quality of life – for us all. Key Sectors; life sciences, biotechnology, healthcare, medical devices; electronics, microelectronics, optoelectronics, system-on-chip, telecommunications; software and e-business, digital media and creative industries; R&D, financial and business services, contact centres; forestry industries, food and drink, engineering, manufacturing, aerospace, oil and gas, renewable energy.
23 May 2013
23 May 2013
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