Without a massive u-turn on energy policy, there is no requirement for the oil refinery, writes TERRY MURDEN Just like the closure of the last coal mine, the end of crude oil refining at Grangemouth was felt like a death in the family. A century of industrial endeavour is over and the facilities that literally […]
Terry Murden
Wood Group appears destined for Dubai
Scotland looks like losing another listed company to foreign control amid an ongoing governance crisis, writes TERRY MURDEN Whichever way you look at it, there is no way of putting a gloss on problems that have been mounting for Wood Group in recent years. A one-time star of Scotland’s listed companies is rapidly coming unstuck, […]
Trump’s tariffs torpedo market gains
The president’s flip-flopping policy has seen a Trump bump turn into a Trump slump, writes TERRY MURDEN The early market optimism that greeted Donald Trump’s return to the White House, pushing up share prices by more than 4% soon after his election, has evaporated, leaving the stock market lower now than when he was sworn in as […]
Southern comfort, but no help for Scotland
The Chancellor’s Oxfordshire address succeeded in dividing the nation and causing more frustration for business, says TERRY MURDEN Rachel Reeves is said to enjoy ruffling feathers, even among her own backbenchers, like the naughty schoolgirl who likes to get attention by breaking the rules. This non-conformist Chancellor, however, is dividing the business community, the nation […]
London seeking ways to stock up
Quiz Clothing is expected to leave the stock market by the end of January Further action will be necessary to halt the exodus of companies from the London Stock Exchange, says TERRY MURDEN The year ended with yet another company announcing it was leaving the London Stock Exchange, sending another warning to the City that, […]