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Scottish Business Briefing - Tuesday 14 August, 2012

. There has been speculation that The Dandy, which features Desperate Dan, was under threat of closure because of circulation decline

. There has been speculation that The Dandy, which features Desperate Dan, was under threat of closure because of circulation decline

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

Braveheart ‘on course’ as it focuses on fund management

BRAVEHEART yesterday hailed its transformation from investor to fund manager and said it was looking to gain work with more government-backed funds. The Perth-based group is looking forward to a surge in fee income after taking charge of two government-backed funds worth nearly £100 million earlier this year (Scotsman)

Read all today’s banking news from scotsman.com

ENERGY & UTILITIES

Shares dip as Petrofac deals delayed but profits soar

OIL services firm Petrofac yesterday reported a better-than-expected 32 per cent hike in first-half profits but its shares fell more than 5 per cent after warning that a number of contracts had been delayed into next year (Scotsman).

Helix Well Ops crewing up after fleet expansion

Aberdeen-based Helix Well Ops said yesterday it would recruit 60 people after adding a third vessel to its fleet. The subsea well-intervention specialist said it needed to take on 50 offshore workers and 10 staff onshore in the coming months after signing a three-year charter for the Skandi Constructor (P&J)

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

MANAGEMENT

Scottish firms in line for top UK business awards

A NUMBER of Scottish firms have been named as finalists for this year’s National Business Awards. Edinburgh-based video conferencing firm NAC Networkz and Johnstone-based Jenier Teas are contenders for the start-up business of the year (Scotsman).

Read all today’s management news from scotsman.com

MEDIA & LEISURE

‘No decision’ on Dandy’s future

The publisher of Britain’s longest running comic has said no decision has been taken on whether it will cease publication. There has been speculation that The Dandy was under threat of closure because of circulation decline. DC Thomson said it was carrying out a review of its magazine business (BBC).

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

TECHNOLOGY

Motorola closures could hit jobs in Scotland

AROUND 250 UK staff at Google’s Motorola Mobility arm, which has a site in Livingston, are facing an uncertain future as the company plans to shut nearly a third of its 94 global offices (Herald).

Read all today’s technology news from scotsman.com

 

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