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Scottish Business Briefing - Tuesday 2 October, 2012

JJB Sports went into administration

JJB Sports went into administration

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.

FOOD, DRINK & AGRICULTURE

Innis & Gunn brewing up a storm in US markets

BEER company Innis & Gunn yesterday posted a 62 per cent surge in sales after breaking into the lucrative United States craft brewing market. The Edinburgh-based firm’s products have gone on sale in 20 states during the past year and gained listings at restaurant’s including Gordon Ramsay’s outlet on the Las Vegas strip (Scotsman).

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

INDUSTRY

New legal firm base will create 21 jobs in Glasgow

Scotland’s first centre for legal process outsourcing (LPO) will bring 21 new jobs to Glasgow and could blaze a trail for professional services outsourcing in Scotland. NewGalexy Services has chosen Scotland as the base for its European operations after a successful campaign by Scottish Enterprise (Scotsman)

US motor parts firm creates 80 Scots jobs

A US vehicle parts company is to invest in a centre of excellence based in Scotland’s largest city. The expansion of AAM Europe’s Albion Automotive site will support around 80 jobs in Scotstoun, Glasgow (Scotsman).

Read all today’s industry news from scotsman.com

MEDIA & LEISURE

Edinburgh’s tourist tax is scrapped after 10 years of wrangling

EDINBURGH has scrapped controversial plans for a tourist or hotel tax in the city – almost a decade after the idea was first floated. The city council planned to reduce its spending on festivals, events and promotional initiatives by setting up a “transient visitor levy”, aimed at raising more than £3 million a year (Scotsman).

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

RETAIL

Collapse of sports chain JJB costs 350 Scottish jobs

MORE than 350 Scottish jobs were lost yesterday when administrators for JJB Sports admitted defeat in their attempts to find a buyer for the retailer. Rival Sports Direct has agreed to pay £23.8 million for 20 stores, along with the JJB website and brand. But that only secured just 550 jobs in the UK, meaning 2,200 were made redundant with immediate effect (Scotsman)

Read all today’s retail news from scotsman.com

 

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