Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
BT today confirmed it would be running fibre broadband to a further 163 exchanges as part of its roll-out scheme across the UK. The Openreach division of the company has committed £2.5bn to fund the deployment, which BT claims will ...
Tags: BT, fibre broadband, 163 Broadband Exchanges, fibre-based broadband
The IT failure that struck Royal Bank of Scotland (RBS) will cost the bank more than expected as £50m is paid to customers in compensation. The IT problems that struck in June meant customers of the bank and subsidiary NatWest had ...
Tags: Royal Bank of Scotland, IT Failure, computer problems, online services
A UK steelwork fabricator’s contract to build part of the GBP 790 million Forth Replacement Crossing will bring construction work to Scotland, it was claimed last night. Cleveland Bridge has been awarded the order for supporting ...
Tags: UK, steelwork fabricator, contract, construction work
Major high street banks are planning to impose new terms and conditions on customers that would make them squarely responsible for credit and debit card fraud. Further reading Seven-year glitch earns Bank of Scotland 4.2m fine Banks' IT ...
Tags: high street banks, finance, software, computing
The Financial Services Authority (FSA) has demanded details of how major banks plan to prevent a repeat of the Royal Bank of Scotland's (RBS) software glitch in June 2012. The glitch in the CA7 batch process scheduler meant 12 million ...
Tags: Financial Services Authority, computer problems, Stephen Hester
FreeAgent has revealed its revamped online accounting system with key areas of the system having been upgraded. EDINBURGH, SCOTLAND, August 19, 2012 /24-7PressRelease/ -- FreeAgent has dramatically overhauled its award-winning online ...
Tags: Cloud Accounting System, online accounting system, FreeAgent
Black Light was the sponsor of this year's Arts & Business Scotland Small Business Award. Tangent Graphic and the Edinburgh International Book Festival jointly won the Award, which was announced at a prestigious ceremony at the Assembly ...
Tags: Black Light, sponsor, Small Business Award, Light
Raytheon Company of Waltham, MA, USA says that its technology facility in Glenrothes, Scotland, UK has successfully tested silicon carbide (SiC) mixed-signal devices at temperatures up to 400°C. “Raytheon UK’s aim is to ...
Tags: Raytheon, SiC, silicon carbide, company news
Royal Bank of Scotland (RBS) will pay 125m in costs related to computer problems in June that meant customers could not access any funds credited to their account. The glitch in the CA7 batch process scheduler ended with 12 million ...
Tags: Royal Bank of Scotland, computer problems, computing, IT service
UK-Rachel Bottomley of Liverpool Institute of Performing Arts(LIPA)has won this year's Michael Northen Bursary(MNB),picking up a GBP500 cash award. The Bursary is awarded annually to a student or recent graduate who has demonstrated ...
Tags: Northen Bursary, Cash Award, Lighting Designers, Michael
Network Rail announced the award of a GBP 220 million contract for detailed design and construction of the Borders Railway to BAM Nuttall on December 13. Construction is scheduled to get underway in early 2013, for commissioning 'by the ...
Tags: Network Rail, Borders Railway, detailed design and construction
Czech Republic-"Showlight 2009 was a superbly organised event which inspired me from the first minute until the very last.To hear so many diverse approaches to solving innumerable problems reminded me of why I first entered this ...
Tags: Showlight, Czech Republic, networking events
Four BRIC countries (India, China, Brazil and Russia) and a few other Latin American countries like Mexico have proved to be the 'Knight in Shining Armour' for embattled luxury home textile producers and brands across the world following ...
Tags: BRIC countries, Shining Armour, luxury home textile, developed economies
Dutch food company Vion has agreed for a management-buyout of its UK pork business, securing nearly 4000 jobs. The deal is being led by Seamus Carr, managing director of Vion's pork business unit, and is supported by UK private equity ...
Tags: Dutch food company, UK pork business, management-buyout