Business

The iconic British fashion brand Ted Baker faces an uncertain future as its US owner, Authentic Brands Group, has filed for administration. This move could potentially affect hundreds of jobs and the fate of 86 stores worldwide. The Announcement The fashion world was rocked by the news that Ted Baker’s parent company had filed a notice of intention to appoint administrators. This decision comes after a tumultuous period marked by financial struggles and management upheavals. The brand, once celebrated for its quirky and high-quality designs, has seen its fortunes wane in recent years. The first signs of trouble appeared when…

A corner shop in Coatbridge has made a splash on the national television as it featured in the latest advert by Cadbury. The shop, which has been in business for over 200 years, was chosen by the chocolate giant to showcase its new campaign. This is the second time the shop has appeared in a Cadbury advert, making it a local celebrity. The Corner Shop with a History The shop, located on Quarry Street, is owned by the McKeown family, who have been running it since 1978. The shop was originally opened in 1819 by a man named John McEwan,…

Six vessels bring in 135 boxes of seafood Buckie Harbour, a fishing port in Moray, Scotland, has witnessed a stable week of fish landings despite the challenges posed by the Covid-19 pandemic. According to the harbour master, six vessels brought in some 135 boxes of fish, prawns, and squid last week. This is comparable to the previous week, when 142 boxes and 31 bags of clams were landed. The harbour master said that the demand for seafood has been affected by the lockdown restrictions and the closure of restaurants and hotels. However, he added that the local market has been…

The business community in the Inner Moray Firth area has called for the Highland Council to review its proposed local development plan, which they claim is outdated and does not reflect the current and future needs of the region. Plan submitted to Scottish Ministers The Highland Council submitted the Inner Moray Firth Proposed Local Development Plan 2 to Scottish Ministers on 24 March 2023. The plan sets out the policies and land allocations to guide development in the Inner Moray Firth area over the next 20 years. The plan was based on a public consultation that closed on 17 June…

A fire and flood restoration specialist expands its operations to Scotland’s largest city INSUREPAIR®, an Edinburgh-based fire and flood restoration specialist, has announced the opening of its new office in Glasgow, marking a strategic move to cater to the increasing demand for its services in Scotland’s largest city. The expansion, expected to create up to 15 jobs in the coming year, highlights the company’s commitment to meeting the needs of its clients along the M8 corridor. INSUREPAIR®: A Trusted Partner for Insurance Reinstatement INSUREPAIR®, known for its expertise in insurance reinstatement, has been a key player in Scotland’s construction and…

Kinross-shire, a rural county in Scotland, is set to become a hub for net-zero rural workspaces, thanks to a new project funded by the Scottish Government. The project aims to create a network of low-carbon, flexible and affordable workspaces for rural businesses and entrepreneurs, while also supporting the local economy and community. A vision for rural regeneration The project is led by the Kinross-shire Partnership, a local development trust that works to promote the social, economic and environmental well-being of Kinross-shire. The partnership has secured £1.5 million from the Rural Communities Net Zero Fund, a £25 million fund launched by…

A group of Glasgow-based businesses has raised £45,000 for a Scottish charity that supports people affected by homelessness, addiction, and mental health issues. The donation was made by the Glasgow Business Network (GBN), a collective of 25 companies that work together to generate leads and referrals for each other. GBN’s Fundraising Efforts The GBN members decided to support the Simon Community Scotland, a charity that provides outreach, accommodation, and prevention services to people who are homeless or at risk of homelessness in Glasgow and across Scotland. The GBN members were inspired by the charity’s work and wanted to make a…

More than 100 employees at a plastics manufacturing plant in Scotland are facing the risk of losing their jobs as the company plans to shut down its operations by the end of the year. The decision was announced by Berry Global, a US-based multinational corporation that produces plastic packaging and products for various industries. Reasons for the closure According to the company, the closure of the plant in Livingston, West Lothian, is due to the declining demand for some of the products that are made there, such as plastic cups and lids. The company also cited the impact of the Covid-19 pandemic on its business,…

India is one of the world’s largest producers and exporters of seafood, but it faces several challenges in maintaining its reputation and competitiveness in the global market. The seafood sector needs to improve its quality standards, environmental practices, and social responsibility to meet the growing demand and expectations of consumers and regulators. Quality issues affect India’s seafood exports One of the major challenges for India’s seafood sector is to ensure the quality and safety of its products, especially in the wake of the Covid-19 pandemic. India has faced several instances of rejections and bans from importing countries due to the presence…

The Scottish whisky industry has achieved a remarkable feat in 2023, as it recorded the highest ever value and volume of exports in its history. According to the latest figures from the Scotch Whisky Association (SWA), the total value of Scotch whisky exports reached £5.6 billion, an increase of 12% from 2022. The total volume of exports also rose by 8% to 1.4 billion bottles, equivalent to 41 bottles per second. Strong demand from emerging markets One of the main drivers of the growth in Scotch whisky exports was the rising demand from emerging markets, especially in Asia and Africa.…