Big businesses have been told to pay small suppliers within 30 days as the Government strengthened the Prompt Payment Code.
Hydro Group has hailed growth thanks to work in the defence sector but said the subsea industry it operates in still has a “long, hard slog” ahead.
A fighter jet engineer told the offshore industry yesterday of the need to standardise its processes to improve costs and safety.
Scottish oil and gas explorer Cairn Energy has appointed a former executive of National Grid and aerospace firm BAE Systems to its board.
Norges Bank announced today that it has taken the decision to exclude nine companies from the $1.07 trillion Government Pension Fund, also putting one firm “under observation”.
London’s top flight index stumbled back into the red as it struggled to build on recent gains despite a strong boost from Centrica and BAE Systems.