Scottish Business Briefing – Tuesday 17th July, 2012 - Retail

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Scottish Business Briefing – Tuesday 17th July, 2012

Morrisons: reviewing milk-buying policy. Picture: PA

Published on 17/07/2012 09:18

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

One quarter of Scottish shops could fold within the next year

One in four shops and almost one in five hotels across Scotland could go bust over the next year, according to one of the bleakest forecasts yet on the impact of weak consumer confidence and changing shopping habits.

Read the full article.

Read all today’s economics news from scotsman.com

ENERGY & UTILITIES

UK North Sea outshines Norway for investment in drilling

CHANGES to the tax system are making Britain a more attractive drilling location for oil and gas companies than arch-rival Norway, according to a report published today.

Read the full article.

Asco buys Scrabster Port Services

ASCO, the Aberdeen-based logistics company, is gearing up for the development of oil fields to the west of Shetland after buying Scrabster Port Services (SPS) in what is believed to have been a six-figure deal

Read the full article.

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

FOOD, DRINK & AGRICULTURE

Morrisons to review milk buying policy

SUPERMARKET giant Morrisons has announced a review of its milk buying policy after criticism from farmers that it is not paying a fair price for its pints. The firm acted after it came under fire along with Asda and the Co-op from 2000 farmers – including many from Scotland – at a protest in London last week.

Read the full article.

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

INDUSTRY

Transport costs fuelling problems for ambitious Scots manufacturers

Scotland’s small manufacturers have “ambitious growth plans” but are being held back by rising fuel and transport costs as well as late-paying customers, research suggests.

Read the full article.

Read all today’s industry news from scotsman.com

TRANSPORT

John Menzies closes air cargo bases

DISTRIBUTION firm John Menzies yesterday unveiled plans to close its cargo operations at four airports, including Glasgow, although it is expected that jobs losses will be kept to a minimum.

Read the full article.

Read all today’s transport news from scotsman.com

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Scottish Business Briefing – Tuesday 17th July, 2012

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