Shortages Scotland: Parsley Box shares plunge

SHARES in Parsley Box took a significant blow this week as the Scottish provider of ready meals warned that staffing issues throughout its supply chain have cut its available stock by half.

In an unscheduled trading update, the Edinburgh-based company said it has taken the “difficult decision” to reduce spending on marketing until the supply chain constraints ease.

READ MORE: A spokesman said Parsley Box has stopped actively recruiting new customers in a bid to ensure it can meet demand from existing patrons.

Shares slumped further in the firm chaired by high-profile entrepreneur Chris van der Kuyl and debuted at 200p when it joined the Alternative Investment Market in March.

READ MORE: The business, which targets the “baby boomer” generation with its direct-delivery service, saw its shares plunge by 44 per cent to 34p.

Historic private bank Coutts launches new drive in Scottish market

HeraldScotland: Coutts CEO Peter FlavelCoutts CEO Peter Flavel

A PRIVATE bank and wealth manager which once counted Sir Walter Scott and Andrew Carnegie as clients has launched a new team and enhanced offer to drive its growth in Scotland.

READ MORE: Coutts, which is ultimately part of Royal Bank of Scotland owner NatWest Group, has Scottish roots that stretch back to 1692, and came to prominence through the endeavours of three founding families: the Campbells, Middletons and Coutts.

Scottish freight firm doubles number of haulage drivers

HeraldScotland: The move has also allowed Streamline to increase its team of full-time yard operatives by 30 per cent.The move has also allowed Streamline to increase its team of full-time yard operatives by 30 per cent.

A SCOTTISH freight and logistics firm is moving to a multi-million-pound new depot at Aberdeen Harbour and taking on twice as many drivers.

READ MORE: Streamline Shipping Group has almost doubled warehouse capacity at its Aberdeen headquarters with a new 7,800 m2 harbourside facility on Palmerston Quay, formerly Aberdeen Harbour’s historic fishmarket, as it celebrates its 40th year in business.

High-street bank slammed as ‘shameful’ over latest branch cuts

HeraldScotland: Virgin said the decision follows a shift in sales volumes and communications to digital and mobile channels during the pandemic.Virgin said the decision follows a shift in sales volumes and communications to digital and mobile channels during the pandemic.

THE owner of the former Clydesdale Bank has slashed its branch network again in a move branded as “shameful” by trade union Unite Scotland.

READ MORE: Virgin Money said it will close a further 12 branches in Scotland, reducing its total to 43, in a move expected to result in around 70 redundancies north of the Border.

Scottish energy giant makes big move into offshore wind market in Japan

HeraldScotland: The creation of the joint ownership company involves the acquisition by SSE Renewables of an 80 per cent interest in an offshore wind development platform from Pacifico Energy and its affiliates for $208m.The creation of the joint ownership company involves the acquisition by SSE Renewables of an 80 per cent interest in an offshore wind development platform from Pacifico Energy and its affiliates for $208m.

PERTH-based energy giant SSE is entering the Japanese offshore wind market through a $208 million acquisition and the formation of a joint ownership company to drive development activity.

READ MORE: The group’s SSE Renewables business has signed an agreement with Pacifico Energy, described by the Scottish company as “one of Japan’s largest developers of renewable energy”, to create a joint ownership company which will “pursue offshore wind energy development projects” in the east Asian country.

Insight, opinion, analysis

Kristy Dorsey: Distiller moves to better blend office and home-based work

Ian McConnell on Wednesday: Tale of two cities lays bare scale of challenges facing Glasgow

Scott Wright: Will James Bond have the Midas touch for our struggling high streets?​

Ian McConnell on Friday: Privatisation spectre must be banished from Scottish national treasure

Brian Donnelly: Boris Johnson ‘on stand-by’ amid fuel fiasco 

Features

Monday Interview: Bank chief hails Scots’ firms response to Covid fall-out​

SME Focus: Ayrshire hoteliers see bookings and employee numbers rise after investing in growth amid pandemic

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The Herald Scotland

The Herald Scotland

The Herald is a Scottish broadsheet newspaper founded in 1783. The Herald is the longest running national newspaper in the world and is the eighth oldest daily paper in the world. The title was simplified from The Glasgow Herald in 1992