Scotland

Scottish truck specialist saves 120 jobs with main acquisition – NewsEverything Scotland

Scottish firm MV Industrial has made the biggest acquisition in its 20-year historical past, shopping for Lincolnshire tipping-trailer and truck-body producer Fruehauf out of administration in a multi-million-pound transaction which can save 120 jobs.

Founding father of Edinburgh fintech star to depart enterprise following £145m takeover

 

HeraldScotland:

Nucleus Monetary founder David Ferguson has determined to depart the funding expertise agency following the £145m takeover of the enterprise by a private-equity backed rival.

Edinburgh-based Nucleus was acquired by James Hay in a deal that gained robust backing from shareholders within the agency. Nonetheless, the deal was opposed by a Folks Consultant Group of Nucleus workers amid “vital anxiousness” in regards to the affect on jobs on the agency.

Parsley Field warns of value rises as provide chain shortages chunk

 

HeraldScotland:

Parsley Field has warned that it must carry costs on “chosen” product traces as provide chain challenges proceed to place strain on enter prices for the food and drinks {industry}.

The warning got here from the Scottish ready-meal firm, which delivers direct to the doorways of its Child Boomer goal demographic, because it reported a widening of first-half losses.

Morrisons warns of upper store costs amid provide disruptions

 

HeraldScotland:

Morrisons has warned that industry-wide value will increase are on the horizon as provide chain disruptions drive commodity and freight prices larger.

In what seems to be prone to be its final outcomes assertion as a publicly-listed firm, the UK’s fourth-largest grocery store group posted a 37 per cent decline in earnings to £105 million for the six months to August 1. The discount within the pre-tax determine was after absorbing £41m of direct Covid prices, whereas £80m of revenue was misplaced in cafe, gasoline and food-to-go gross sales.

 

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Kristy Dorsey: Scents of stagflation amid the shortages of employees

 

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From the Briefing: Haulage companies going bust as Brexit and driver shortages chunk

 

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