Scottish Business Briefing - Tuesday 24 January, 2012 - Business

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Scottish Business Briefing - Tuesday 24 January, 2012

Malmaison is coming to Dundee

Published on 24/01/2012 08:53

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

Cairn signs £100m StatOil deal to confirm optimism in Greenland

CAIRN Energy, the Edinburgh-based oil explorer, is in talks to sell further stakes in its Greenland exploration fields after yesterday signing an estimated $160 million (£103m) deal with StatOil, Norway’s state energy firm (Scotsman).

Solar power boom helps energy firm to expand

A RENEWABLE energy company is opening several new offices and predicting a trebling of turnover despite uncertainty over cuts to feed-in-tariff (FiT) payments. Absolute Solar and Wind is seeing huge interest from people looking to install photovoltaic panels ({http://www.heraldscotland.com/business/company-news/solar-power-boom-helps-energy-firm-to-expand.16565831

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

FOOD, DRINK & AGRICULTURE

Whisky company eyes Easter Ross expansion

Scotch whisky firm Whyte and Mackay (W&M) confirmed yesterday it was considering investing in two of its distilleries. It is understood one of the sites earmarked for expansion is the distiller’s Invergordon plant in Easter Ross (P&J).

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

INDUSTRY

Tods Murray in takeover of rival Fyfe Ireland

MERGER activity in the Scottish legal sector continued yesterday with Edinburgh-based mid-tier practice Tods Murray taking over smaller rival Fyfe Ireland (Scotsaman).

Read all today’s industry news from scotsman.com

MEDIA & LEISURE

Boutique hotel chain moving into Dundee

BOUTIQUE HOTEL chain Malmaison has confirmed that it is to open a fourth site in Scotland in a move that forms a key part of the £1 billion transformation of Dundee’s waterfront (Scotsman).

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

TECHNOLOGY

Brightsolid plans fresh impetus for £25m Friends Reunited

INTERNET pioneer Chris van der Kuyl, chief executive of Brightsolid, is to build closer links between the company’s range of family history websites and social network Friends Reunited, bought from broadcaster ITV for £25 million (Scotsman)

Read all today’s technology news from scotsman.com

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Scottish Business Briefing - Tuesday 24 January, 2012

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