Scottish Business Briefing - Monday July 20, 2012
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.
ENERGY & UTILITIES
Barclays backs Aberdeen’s prime business park aiming to create 1,200 jobs
FUNDING will be unveiled today for what is believed to be Scotland’s largest property deal of the year so far, in the latest sign that Scotland’s oil and gas industry remains in rude health (Scotsman).
Tax break ‘would bring massive investment to North Sea oil fields’
THE Treasury must set the right decommissioning tax breaks if the North Sea is going to successfully compete with East Africa and North America for foreign investment, oil and gas industry experts have warned (Scotsman).
Developer announces Scotland’s second-largest windfarm off coast of Fife
SCOTLAND’S second-largest offshore wind farm could be up and running by 2016 after the developer submitted a £1.4 billion application to build up to 125 wind turbines off the east coast of Scotland (Scotsman).
FOOD, DRINK & AGRICULTURE
D-Day looms for threatened Halls of Broxburn factory
Bosses at the closure-threatened Halls of Broxburn will today be urged to set out where they stand during a crucial task-force meeting aimed at saving the food factory and its 1,700 jobs (Scotsman).
Only seven top 30 firms have a female executive
JUST seven of Scotland’s top 30 listed companies has a female executive although the number of non-executive directors has soared in the past year. In all, eight Scottish companies added to their cadre of female directors (Herald).
Ryanair profits hit by higher fuel costs
Low-frills airline Ryanair has reported a sharp drop in profits due to “significantly higher fuel costs”. Net profit for the three months to the end of June was 99m euros ($122m; £77m), down 29% on the 139m euros the company made a year earlier (BBC).
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Weather for Edinburgh
Tuesday 18 June 2013
Temperature: 10 C to 21 C
Wind Speed: 9 mph
Wind direction: North
Temperature: 9 C to 18 C
Wind Speed: 16 mph
Wind direction: West