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Scottish Business Briefing - Monday, November 19

RBS has a hefty fine to pay as a result of the interbank lending rate scandal. Picture: Getty

RBS has a hefty fine to pay as a result of the interbank lending rate scandal. Picture: Getty

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

State-backed bank idea for RBS branches

The UK government is eyeing possible plans to turn 316 branches owned by Royal Bank of Scotland into a state-backed business lender.

Read all today’s banking news from scotsman.com

ECONOMICS

Scottish independence: IFS study warns of long-term fiscal challenge

An independent Scotland would face long-term fiscal challenges, a new report has claimed.

Read all today’s economics news from scotsman.com

FOOD, DRINK & AGRICULTURE

Perthshire seafood firm triples orders to Japan after visit

Lobsters and langoustines from Scotland will soon be found on the plates of 20 Michelin-starred restaurants in Tokyo after a Perthshire seafood supplier tripled its orders from Japan.

Laing toasts success as whisky demand grows

DOUGLAS Laing & Co, one of Scotland’s oldest whisky bottlers, is doubling capacity and increasing its stocks to help meet strong global demand for Scotch.

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

RETAIL

Fewer shops lying empty in Scotland, but squeeze on consumers continues

The proportion of shops lying empty across Scotland has fallen over the past three months, but the continued squeeze on household incomes has also seen a drop in the number of shoppers venturing onto the high street

Read all today’s retail news from scotsman.com

TECHNOLOGY

Absoft steps up growth plans with appointment of its first chairman

Software consultancy Absoft has bolstered its management team with the appointment of Ernst & Young director Peter Drury as its first chairman

Read all today’s technology news from scotsman.com

 

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