A gas leak at the Elgin platform, 150 miles off the coast of Aberdeen has been ongoing since Sunday. 238 workers have been evacuated from the platform and the nearby Rowan Viking drilling rig as well as Shell have moved personnel. A three mile safety zone had been put in place but it has been [...]
Scottish Water International has just announced that they are going into a partnership with Polish engineering firm ECM Group Polska. The partneship agreement is going to be announced today, 30 March, during a conference of polish water companies in Brzeg. Scottish Water and ECM Group Polska will be combining their expertise in water industry asset [...]
GAME, Britain’s biggest video game retailer, has gone into administration today. The retailer counts around 1.300 stores distributed between the UK and mainland Europe, 5.100 employees in the UK and Ireland, of which 385 are employed at its headquarters in Basingstoke, Hampshire. In Edinburgh, Gamestation on Princes Street, the flagship store of the company, had already [...]
The company that makes Irn Bru have reported a steady increase in profits. AG Barr’s profits have increased by 16.4% to £35.4 million for the year ending January 2012. Turnover for the same period was £237 million. Sales of Irn Bru itself rose by 2.7% with the company planning to open a new site in [...]
The UK’s largest union is balloting its members to determine whether strike action will be used in the dispute over working conditions of delivery drivers in the oil sector. Unite’s national officer Matt Draper said: “The professionalism of tanker drivers is at stake. We should not accept a lowering of standards so that the oil [...]
According to a new report Scotland’s capital contributes more to the country’s economy than any other city in the UK. The study was released by London based accountancy firm UHY Hacker Young. Their calculations are based on Gross Value Added (GVA). It basically means the measure of a region’s contribution to the UK economy according [...]
£150m will be removed every year from the Scottish economy as a result of the UK Government’s new Housing Benefit law. More than 95,000 households in the social rented sector will be affected by the reform and this will mean an average monthly loss of up to £65 for claimant tenants. Great concern has been [...]
Soaring oil prices have led to petrol prices hitting record highs in the UK. Motorists must now shell out 140.20p for a litre of petrol. This is on the back of a slew of increases in fuel prices. Diesel was priced at 143.05p just last month. No respite awaits car owners across the country experts [...]
Edinburgh Napier News speaks exclusively to two of Edinburgh’s newest cafes. Sarah Turnbull reports. Listen here:
By: Anna Redman Spanish wind turbine manufacturer, Gamesa, has announced their plan to create around 800 jobs at a new Edinburgh plant, which will be located in Leith. The investment in this project will be about £125m.
By: Anna Redman Lloyds TSB is set to create 500 new jobs across the UK. The banking company will create the new jobs as part of its plans to sell several of its branches to the Co-op. Project Verde will see the sale of 632 Lloyds bank branches. The new jobs will be created in support centres in Sunderland, [...]
MPs have declared that control of Scotland’s seabeds and coasts should be transferred from the Crown Estate to local authorities. The Scottish Affairs Committee criticised previous management of the areas, citing a lack of transparency and public consultation. Whilst the Queen currently owns Crown Estate rights, surplus revenues from leasing of it’s land to operations [...]
Computer game retailer Game is in danger of collapse after several suppliers refused to provide it with hotly anticipated new titles. The failure to secure eagerly awaited games such as Mass Effect 3 and Street Fighter X Tekken have added to the speculation that the company’s future in the UK is under threat. The group, [...]
An investigation by Scotland’s water watchdog Consumer Focus has raised concerns about Scottish Water’s relationship with private insurance firm Homeserve. The watchdog looked into the issue of sales letters from the private firm being sent to thousands of households in Scotland in ‘Scottish Water’ branded envelopes. The letters contained information on “water supply pipe responsibilities” but [...]
£1.3 billion will be invested in “transforming” the Post Office, it has been announced. Longer opening hours will be a priority of the changes. Modernisation of around 6,000 post offices aims to be a “once in a generation” opportunity to breath new life into the postal service. None of the 11,800 post office branches will [...]
Disturbing figures reveal that a quarter of UK families with children under 16 have no savings at all, compared to a national average of 19%. People in their late thirties and those who are divorced are also among the ones left most financially vulnerable as they bear the brunt of family responsibilities. The numbers show [...]
Sony music confirmed today that a number of Michael Jackson tracks were stolen when their website was hacked. The security breach occurred in April last year, and Sony announced that as many as 70 million PlayStation Network users’ details may have been stolen. The theft of the Michael Jackson tracks came shortly afterwards, but was [...]
An agriculture subsidies scam, which is reported to be costing UK tax payers millions, has been exposed in a new investigation. Under the current system farmers receive subsidies for each hectare of land they own, this money is intended as a stimulus to aid the production of crops. However an investigation into the process has [...]
After recent criticism over presumed employee exploitation in Tesco, the supermarket giant published some good news, announcing plans to create 20,000 new jobs in the next 2 years. Prime Minister David Cameron has welcomed the plan, which he hopes will provide a boost for Britain’s struggling economy. In a statement he complimented Tesco on their [...]
An Edinburgh based distillery has been granted £27 million by RBS as part of a flexible funding package. Founded in 1898, the BenRiach distillery currently employ 80 people over their 2 sites. In 2008 the company bought over the GlenDronach distillery in Aberdeenshire. This latest investment could expand the company even further. New acquisitions as [...]
With 57 coffee shops within a one mile radius in the Morningside area, the local community are angered by the news of Costa trying to open a branch making it the 58th coffee shop in the area. Costa Coffee wishes to move into the current bathroom store at 14 Morningside Road – only a 10 [...]
Free Wi-Fi for “smart device” users could cover parts of Central Edinburgh, Newtown and the Meadows by 2015. The Urban Broadband Fund will be allocate £100m between ten UK cities to help create a number of super-connected cities in the UK. Four capital cities, including Edinburgh, London, Belfast and Cardiff, have already been guaranteed a [...]
Before leaving Scotland a friend handed over some old Finnish markka, challenging me to see if I could “still use them.” In truth the Finnish markka ceased to be legal tender in 2002. Finland adopted the euro when entering the Eurozone in 1999, and is still the only Scandinavian country to have embraced the single [...]
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