Scottish Business Briefing - Monday 17 September 2012 - Management

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Scottish Business Briefing - Monday 17 September 2012

JJB: Subject to takeover bid from Sports Direct International

Published on 17/09/2012 09:12

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.

BANKING

String of new contract wins helps PwC to increase both revenues and growth

Revenues at accounting giant PwC accelerated last year as the firm picked up work on a range of high-profile mergers and acquisitions and won new audit contracts, though the profits paid to each partner fell by 4 per cent. (Scotsman)

Read all today’s banking news from scotsman.com

ECONOMICS

Mixed jobs news, but BoS says Scotland is showing ‘resilience’

Scotland’s economy is displaying “resilience” in the face of the global slowdown despite fresh downbeat news on the employment front. (Scotsman)

Read all today’s economics news from scotsman.com

ENERGY & UTILITIES

Oil price near four-month high after Fed move

Oil prices rose for the eighth session in a row, with Brent crude trading near a four-month high, boosted by the Federal Reserve’s move last week to stimulate the US economy. (BBC)

Read all today’s energy and utilities news from scotsman.com

INDUSTRY

Silver outshining gold over decade

Silver has revealed to be the best-performing commodity over the past decade. (Aberdeen P&J)

Read all today’s industry news from scotsman.com

RETAIL

Glasgow wholesale firm Sher Brothers sees turnover drop hit profits

Sher Brothers, the Glasgow-based wholesaler, has dipped into the red following a 7 per cent drop in turnover, which it blamed on a downturn in hardware sales. (Scotsman)

Sports Direct may swoop for JJB, but hundreds of jobs still at risk

Struggling retailer JJB Sports looks set to be snapped up by rival Sports Direct International, although fears have been raised that a deal might see at least half of its stores closed and hundreds of jobs put at risk. (Scotsman)

Read all today’s retail news from scotsman.com

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Scottish Business Briefing - Monday 17 September 2012

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