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.
RBS shareholders’ action group faces key hearing
THOUSANDS of small Royal Bank of Scotland shareholders will find out this week if they are financially able to take part in legal actions against the bank relating to its £12 billion rights issue in 2008.
Powerhouse firm behind Olympics gets ready to light up the big top
The Scottish company behind power systems used at Glastonbury, the 2010 Fifa World Cup and the 2012 Olympic Games in London will be lighting up circuses following its latest contract win.
Global Energy Group eyes Australian mining sector
Global Energy Group (GEG), the Inverness-based oil and gas services heavyweight, has made its fourth acquisition in Australia, cementing the country as its biggest market outside the UK.
FOOD, DRINK & AGRICULTURE
Greene King boosted by demand for Belhaven Best
BELHAVEN Best was a strong performer for Greene King in its first trading half, the pubs and brewing group revealed today as it claimed that a “voucher culture” for food was now taking hold in Britain.
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Scottish malls snapped up in £24m deal
Three shopping centres, including Leith’s Newkirkgate and the La Porte Precinct in Grangemouth, have been bought for £24 million, almost a year after they collapsed into administration.
TRANSPORT & INDUSTRY
Scottish builders missing out on UK upturn
THE UK construction industry has recorded its best performance in six years but the Scottish housebuilding sector has yet to see the results of the upturn, according to surveys.