Scottish Business Briefing – Friday 19 April, 2013

Weir Group has sealed a number of deals to boost its presence in the mining and minerals equipment markets. Picture: Robert Perry
Weir Group has sealed a number of deals to boost its presence in the mining and minerals equipment markets. Picture: Robert Perry
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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

Scottish Widows Investment Partnership sale mooted

LLOYDS Banking Group, near-40 per cent owned by the taxpayer, is understood to be weighing up the sale of its iconic Edinburgh fund manager, Scottish Widows Investment Partnership (Swip) (Scotsman).

Read all today’s banking news from scotsman.com

FOOD, DRINK & AGRICULTURE

Diageo and SABMiller celebrate global success

DIAGEO and SABMiller, two of the world’s biggest drinks companies, have underlined the strengths of their geographical reach with resilient trading updates in the face of localised headwinds (Scotsman).

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

INDUSTRY

Global deals cement Weir’s presence in mining market

WEIR Group has sealed a number of deals to boost its presence in the mining and minerals equipment markets (Herald).

Read all today’s industry news from scotsman.com

MANAGEMENT

Glaxo accused of ‘pay-to-delay’ deal

Drugs giant GlaxoSmithKline was today accused by the competition watchdog of paying off firms to delay the launch of cheap versions of its antidepressant treatment (Scotsman).

Read all today’s management news from scotsman.com

RETAIL

Balmoral moving ahead with business park plan

Balmoral Group is moving ahead with development of its multimillion-pound business park on the south side of Aberdeen (P&J).

Read all today’s retail news from scotsman.com

TRANSPORT

Stagecoach launches Anglo-Scots sleeper coaches

TRANSPORT group Stagecoach yesterday unveiled an extensive network of overnight sleeper coach routes between Scotland and London, using a fleet of ten specially-designed vehicles costing £500,000 each (Scotsman).

Read all today’s transport news from scotsman.com