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Scottish Business Briefing - Friday 15 March, 2013
Morrisons said yesterday a below-par performance in the year to February 3 resulted in a 7% drop in pre-tax profits to �879million. Picture: Danny Lawson
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
Skeoch urges policymakers to ‘take risk on inflation’
KEITH SKEOCH, chief executive of Standard Life Investments (SLI), said yesterday that it was “worth taking a risk” on inflation in order to get more growth into the economy (Scotsman).
Read all today’s economics news from scotsman.com
ENERGY & UTILITIES
Aggreko secures $200m deal in southern Africa
Temporary energy supplier Aggreko is stepping up its presence in Africa after signing a $200 million (£133m) contract to provide power to the national utilities in Mozambique and Namibia for the next two years (Scotsman).
Read all today’s energy and utilities news from scotsman.com
FOOD, DRINK & AGRICULTURE
Bread maker Genius Foods picks director
GENIUS Foods, the fast-growing Edinburgh-based gluten-free bakery, has appointed former Warburtons and Unilever executive Liam McHugh as its manufacturing director (Scotsman).
Read all today’s food, drink and agriculture news from scotsman.com
INDUSTRY
Miller Group returns to black with record order book
Miller Group announced today that it had returned to profit amid signs of improvement in the outlook for all its divisions (Scotsman).
Read all today’s industry news from scotsman.com
MANAGEMENT
Baillie Gifford cuts fees for investment trust boards
Baillie Gifford, the Edinburgh fund management partnership, is reducing the management fees it charges the boards of four investment trusts in order to keep them competitive (Herald).
Read all today’s management news from scotsman.com
RETAIL
Grocer still has much to do
Morrisons said yesterday a below-par performance in the year to February 3 resulted in a 7% drop in pre-tax profits to £879million (P&J).
Read all today’s retail news from scotsman.com
SCOTSMAN CONFERENCE
The Economics of Independence 2013
This conference tackles the crucial issues facing business and industry in the Scottish
independence debate. Join expert speakers Alistair Darling MP, Jim McColl (Clyde Blowers) and Rupert Soames (Aggreko). Book your place today.
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Sunday 19 May 2013
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