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Business IN BRIEF.

HOMEWARE chain Dunelm yesterday said they were in "very robust" shape to ride out the current retail storm as rivals fell by the wayside.

The retailers reported a 5.6 per cent fall in like-for-like sales during the six months to December 29.

Chief executive Will Adderley said Dunelm had put in a solid performance without the need to "buy sales" through price-slashing tactics.

Shares in Dunelm rose almost four per cent following the update.

CARBON fibre manufacturers Calcarb are to create jobs after moving into the Eurocentral business park in Lanarkshire

Their relocation from headquarters in Bellshill has resulted in the creation of 30 jobs, taking the workforce to 110.

Managing director Hugh McLeod said it was a significant move for the company and part of their longer-term expansion plan.

He added: "We have more than doubled our production since moving as the new facility enabled us to invest in additional equipment."

SEA technology firm Triton Group yesterday completed their ninth acquisition since forming two years ago.

The deal for US firm Equipment & Technical Services cements Triton's position as a global subsea technologies and services company.

The Aberdeen group now employ 600 people, including 200 in Scotland, and have an annual turnover of pounds 188million.

Triton Group comprise 11 companies providing technology and services to the subsea oil and gas sector.

THE number of people placed in jobs by recruitment agencies has fallen sharply, a new report has found.

The Recruitment and Employment Confederation yesterday revealed that there was a "considerable decline" in demand for permanent and temporary staff.

The report also said job vacancies fell in all sectors, apart from nursing, medical and care, leading to downward pressures on salaries.

The confederation added that demand for staff has fallen at its fastest rate in a decade.

LOWER interest rates look set to boost the equity release market as OAPs turn to their home to fund their retirement, a study has found.

Nine out of 10 equity release providers expect new business to increase during the year.

The market is expected to grow by pounds 200million during the year to be worth pounds 1.4billion at the end of 2009, rising to pounds 1.7billion in 2010.

Falls in the returns paid on savings are also likely to have an impact, as retired people are no longer able to use the interest paid on their deposits to boost retirement income.
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Title Annotation:Business
Publication:Daily Record (Glasgow, Scotland)
Date:Jan 7, 2009
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