Daily Business

2 days ago | dailybusinessgroup.co.uk | Paul Kiddie

Future secure The future is looking brighter for Inverness Caledonian Thistle with the club set to exit administration within the next month. Agreements have been reached with its creditors with joint administrators BDO, who were appointed eight months ago, saying the deals will allow the exit by early July.

5 days ago | dailybusinessgroup.co.uk | Paul Kiddie

Dens Park surprise Dundee have sprung a surprise by naming former Falkirk and Coventry City boss Steven Pressley as the club’s new head coach. The 51-year-old has not managed a team since leaving Carlisle United in 2019, and just last week left English Premier League side Brentford after four years as their head of individual player development.

5 days ago | dailybusinessgroup.co.uk | Terry Murden

Nigel Farage today took aim at the “net zero madness” and accused the UK and Scottish governments of overseeing the unnecessary and serious decline of the oil and gas industry. Speaking in Aberdeen, the Reform UK leader said the “super tax” of 75% imposed energy companies by the Conservative government was a “disaster” for the industry and Labour had only added to it by pushing it to 78% and stopping applications for new licences.

6 days ago | dailybusinessgroup.co.uk | Terry Murden

Heriot-Watt University is raising £35 million to build a research centre for brewing and distilling. The Centre for Sustainable Brewing and Distilling (CSBD) will upgrade its current facilities which have gained a global reputation for teaching and development since opening in 1989.

6 days ago | dailybusinessgroup.co.uk | Terry Murden

Vodafone is investing £11 billion over the next decade, including £1.3bn in capital expenditure in the first year, after completing its merger with rival operator Three. The FTSE 100 telecoms group said the expenditure will accelerate the roll-out of the 5G network. Following the tie-up with Chinese conglomerate CK Hutchison, Vodafone will control 51% of the new business called VodafoneThree which will become Britain’s biggest mobile operator.