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Scottish Business Briefing - Thursday 6 December, 2012

Edinburghs Cameo cinema and the Belmont in Aberdeen have changed hands as part of a �47.3 million deal with Cineworld

Edinburghs Cameo cinema and the Belmont in Aberdeen have changed hands as part of a �47.3 million deal with Cineworld

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

Luscombe’s dual role at Royal London

KERR Luscombe, group strategy director at life and pensions company Royal London, is to add the finance operations to his role after Stephen Shone decided to step down as finance director after 14 years (Scotsman)

Read all today’s banking news from scotsman.com

ENERGY & UTILITIES

ATH Resources slides into administration

COAL miner ATH Resources fell into administration on Wednesday night after its lender, Jon Moulton’s Better Capital, called in its loans (Scotsman).

Read all today’s energy and utilities news from scotsman.com

FOOD, DRINK & AGRICULTURE

Drinks giant Diageo hopes to sell vodka to new emerging markets

DRINKS giant Diageo is hoping to replicate its success with whisky by taking vodka into emerging markets and persuading consumers to upgrade to more expensive brands (Herald).

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

MEDIA & LEISURE

Cineworld buys Cameo owner Picturehouse for £47.3m

Edinburgh’s Cameo cinema and the Belmont in Aberdeen have changed hands as part of a £47.3 million deal with Cineworld (Scotsman).

Read all today’s media and leisure news from scotsman.com

PERSONAL FINANCE

‘Greater clarity needed’ over property tax charges

Greater clarity is needed from the Scottish Government on its planned property tax rates to safeguard investment vital to the future growth of the economy, delegates at an north-east seminar were told (P&J)

Read all today’s personal finance news from scotsman.com

TRANSPORT

Stagecoach eyes west coast line deal

INCOMING Stagecoach chief executive Martin Griffiths expects to unveil a deal on Thursday with the UK government to temporarily extend its west coast rail franchise with joint venture partner Virgin (Scotsman)

Read all today’s transport news from scotsman.com

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