Scottish Business Briefing - Wednesday 16 October

Ann Gloag has agreed a deal to buy Manston Airport. Picture: TSPL
Ann Gloag has agreed a deal to buy Manston Airport. Picture: TSPL
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WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

MANAGEMENT

Stagecoach founder buys airport for £1

STAGECOACH co-founder Ann Gloag has agreed to pay £1 to buy Manston Airport in Kent from Infratil, its New Zealand owners who have also been trying to sell Prestwick Airport. (Herald)

Read all today’s management news from scotsman.com

ECONOMY

High streets see dip in sales in September

SCOTTISH retail sales were “subdued” in September after a strong summer, with like-for-like sales down 0.8% compared with the same month last year. (Herald)

Read all today’s economics news from scotsman.com

ENERGY

Grangemouth oil refinery strike called off

A PLANNED strike at the Grangemouth oil refinery has been called off even though peace talks failed to resolve a bitter row over a union convenor.

(Scotsman)

Read all today’s energy news from scotsman.com

FOOD, DRINK & AGRICULTURE

Tennent’s to make craft beer in Glasgow

TENNENT’S lager-maker C&C Group yesterday unveiled a joint venture with Alloa-based craft brewer Williams Bros, marking its entry into Scotland’s thriving real ale market. (Scotsman)

Read all today’s food, drink and agriculture news from scotsman.com

RETAIL

Landlord anger at Optical Express restructuring

SCOTTISH opticians chain Optical Express has been rapped by a band of major landlords over a controversial restructuring move that they claim will cost them money. (Scotsman)

Read all today’s retail news from scotsman.com

TRANSPORT & INDUSTRY

Galliford Try wins Scottish schools work

Galliford Try has been chosen to build two schools in Scotland in a contract worth almost £50 million. (Scotsman)

Read all today’s transport and industry news from scotsman.com