Scottish Business Briefing - Monday July 11, 2011
BANKING & INSURANCE
Buyers wait in wings for RBS, Lloyds assets sell-off
Britain's bailed-out banks could both be on course to sell assets in the months ahead after a top financier indicated he was preparing a bid for Royal Bank of Scotland's aircraft leasing arm (Scotsman).
Read all today's banking news from scotsman.com
ECONOMY
BCC director-general: Firms 'need more support' to maintain fragile recovery
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Hide AdBRITISH Chambers of Commerce director-general David Frost has demanded that the UK government gives more help to exporters as a report out today warns that Britain's economic recovery remains "fragile" (Scotsman).
Read all today's economics news from scotsman.com
FOOD, DRINK & AGRICULTURE
Scottish super-strong beer-makers brewing up second share issue
INVESTORS from throughout Europe are to be given the chance to buy a stake in controversial beer company BrewDog, in a share issue that is expected to be announced later this week (Scotsman).
Read all today's food, drink and agriculture news from scotsman.com
INDUSTRY
Southern Cross set to shut down and stop running homes
Landlords owning all 752 care homes in the Southern Cross Group have said they want to leave the group. "It is currently envisaged that the existing group will cease to be an operator of homes," an update on the restructuring process said (BBC).
Read all today's industry news from scotsman.com
RETAIL
Retailers set to show resilience despite economic headwinds
Strong performers such as Marks & Spencer, SuperGroup and Sports Direct are expected to bring some cheer to the retail sector when they update the market this week. However, inflation is expected to have remained at more than twice the Bank of England's target (Scotsman).
Read all today's retail news from scotsman.com
TECHNOLOGY
IT company Amor Group snaps up rival
AMOR Group, the Glasgow-based IT firm, has signalled its confidence in the global economic outlook by acquiring an English rival in a multi-million pound deal (Herald).
Read all today's technology news from scotsman.com