Scottish Business Briefing - Monday 23 April, 2012

Salmon fishing on the River Tay - sales overseas have set new records. Picture: Neil Hanna

Published on 23/04/2012 08:48

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.

ECONOMICS

Youth unemployment in Scotland at a five-year high

THE number of young people in Scotland who have been out of work and claiming job seekers allowance for more than 12 months has increased by more than 1,100 per cent in the last five years, according to new figures. (Scotsman)

Read all today’s economics news from scotsman.com

ENERGY & UTILITIES

Leith port regeneration projects ditched as focus switches to renewables

AN £84 million scheme to revive one of Scotland’s biggest regeneration projects has been all but scrapped after the major landowner decided to concentrate on the renewables industry. (Scotsman)

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

FOOD, DRINK & AGRICULTURE

Fish rising: Scotland’s salmon sales overseas set new records

Sales of salmon to overseas customers have set new records, industry figures today reveal, providing a further boost to Scotland’s flourishing food and drink sector. (Scotsman)

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

INDUSTRY

Home repair firm looks to challenge the big players

A SCOTTISH home repair company is hoping to take on the big boys and garner £3 million in revenues in the next 12 months. First Call Home Assist is launching a range of policies covering areas like central heating, boilers and emergency repairs. (Herald)

Read all today’s industry news from scotsman.com

BANKING

Former Bank of Scotland official in the spotlight after damning FSA report

Peter Cummings, the former head of Bank of Scotland’s corporate division, is thought to have been issued with a “seven-figure” fine by the Financial Services Authority (FSA). (Scotsman)

Read all today’s banking news from scotsman.com

RETAIL

Black and Lizars boss eyeing up acquisitions

THE chief executive of Black and Lizars is on the hunt for acquisitions after leading the business back into profit. Mark Ross revealed the independent optician is in talks with 10 practices across the UK about potential takeovers. (Herald)

Read all today’s retail news from scotsman.com

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Scottish Business Briefing - Monday 23 April, 2012

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