Lloyds’ shareholder response to steep drop in HBOS shares now seriously...
Twelve days ago when the Lloyd’s TSB deal to take over HBOS was agreed, HBOS was valued at £9.8 billion. By close of business on Tuesday 30th September HBOS shares had fallen to a position valuing the...
View ArticleLighthouse Caledonia announces asset sales and refinancing
Lighthouse Caledonia has announced today (10th February) a series of actions designed to address what it describes as its ‘constrained liquidity situation’. It is:selling assets and biomassagreeing...
View ArticleDespite its £2.1 billion pre-tax profit, Diageo makes new cost cuts
Diageo recently posted healthy pre-tax profits of £2.1 billion but there have been a serious of curious indications of the apparent state of its finances.Save money – dump the old folksThe first...
View ArticleIslay business banking crisis: updates from Mather and McGrigor
Jim Mather, Argyll’s MSP and Minister for Enterprise, Energy and Tourism, is in touch with the Bank on this urgent matter and sees value in the suggestions For Argyll has made in a previous article on...
View ArticleMather & McGrigor engage with Bank: Islay not alone in service withdrawal
It has emerged that other areas on the west coast of Scotland – Skye and Lochaber are two – are having difficulties with the Bank of Scotland, not unlike Islay’s current experience.Gus Newman from...
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Peel Ports Consortium must not be allowed to buy Forth Ports
As we have been predicting, Clydeport’s owner, John Whittaker and Peel Ports, the holding company for the his significant portfolio of ports, are bidding to buy Forth Ports, They lead the Northstream...
View ArticleIslay’s Bruichladdich distillery sold to Remy Cointreau – what will Mark...
Mark Reynier, the inspired and inspirational managing director of the resurgent and massively successful Bruichladdich distillery on Islay, has seen the company sold against his will, advice and vote...
View ArticleRMT off target in ballotting west coast ferry workers on strike action
Scotland has already seen discordant change in contractual rearrangements for ferry service provision in the Northern Isles. A recent tender for these routes, operated by NorthLink Ferries, went to the...
View ArticleMarine Harvest buys Lewis Salmon – and boasts of fish health?
A week ago, on 4th February, the Stornoway Gazette announced that Marine Harvest Scotland, part of the world’s biggest aquaculture combine, had bought Western Isles based Lewis Salmon ‘as part of its...
View ArticleFish farm industry Scotland’s second dirtiest as two Loch Etive fish farms named
Second only to the waste industry, the fish farm industry -aka aquaculture – was the worst offender in Scotland for environmental pollution.The Scottish Environmental Protection Agency [SEPA] has...
View ArticleThe CBI reversal: silencing people changes neither their views nor their votes
The reverberations roll on from the stupendously ill-managed decision by the Confederation of British Industry [Scotland] to commit to formal support and funding of the pro-union campaign against...
View ArticleMull’s Garmony Hydro eligible for UK Government feed-in-tariff
In a visit to Mull yesterday, 27 June, Energy Secretary Ed Davey announced that the island’s Garmony Hydro project is eligible for the UK Government’s feed-in tariff scheme.Garmony Hydro is a private...
View ArticleNorth Sea oil & gas outlook
The North Sea oil and gas industry is facing job losses in the upstream side of operations, with Chevron and Shell having recently announced the cutting of 475 largely onshore jobs in Aberdeen, 250...
View Article#indyref: 36 answers in 39 steps
Charles Dixon-Spain, one of the three founding energies of For Argyll, the Director whose skills keep it online and whose inventiveness constantly develops its service, recently published an article on...
View ArticleWhy might major businesses move out and what would it mean for Scotland?
[07.05 update below on RBS] Yesterday, 10th September, three major companies indicated that they would be likely to move their headquarters and, in some cases, elements of their business, south of the...
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Why North Sea is crisis for UK
A big part of the economic landscape of 2015 – and onwards - is the sharp fall in the price of oil, threatening continuing production in the North Sea, employment and state revenues. This will be the...
View ArticleAndrew Argyle: Scottish energy policy – humbug galore
Ongoing ‘Yes’ campaigners are fond of blaming that diabolical triumvirate, Westminster, the banks and shareholders, for increasing levels of fuel poverty and use of food banks in Scotland, labelling...
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