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.
McGrigors confirms talks on possible cross-Border merger
MCGRIGORS, Scotland’s largest law firm by turnover, yesterday confirmed it was in merger talks with London-based practice Pinsent Masons (Scotsman).
FNZ wants more Scottish graduates for its world HQ
Financial services company FNZ said yesterday it would recruit more graduates to staff its new Scottish headquarters. The firm, which supplies IT and administration services to wealth managers, will take on 20 graduates in the first three months of this year, after hiring more than 200 in Edinburgh in the past two years (Scotsman).
Panton McLeod lands US deal for cleaning products
A WATER quality engineering company has sealed a distribution deal in the United States which could be worth $150,000 (£97,150) in the first year. Panton McLeod struck the agreement for its Pantonite cleaning products with Massachusetts-based Maher Services (Herald).
SEP expected to walk away from IndigoVision bid
SCOTTISH Equity Partners is expected to reveal today that it has decided not to launch a takeover bid for Edinburgh-based technology group IndigoVision (Herald).
ENERGY & UTILITIES
Cairn defends £4m pay-out to Gammell after Vedanta deal
THE head of the remuneration committee at oil explorer Cairn Energy yesterday mounted a defence of the firm’s decision to award a £4 million bonus package to chairman Sir Bill Gammell (Scotsman).
Glasgow Taxis in £1.85m overhaul of technology
Scotland’s largest taxi company has invested £1.85m in new technology in a bid to improve customer service and safety. Glasgow Taxis Ltd has installed new IT despatch and telephone systems and developed a new online booking system with live vehicle tracking (BBC).
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Weather for Edinburgh
Friday 24 May 2013
Temperature: 3 C to 12 C
Wind Speed: 18 mph
Wind direction: North east
Temperature: 7 C to 17 C
Wind Speed: 13 mph
Wind direction: West