DCSIMG

Scottish Business Briefing - Tuesday 4 December 2012

Heriot-Watt University has published economic research claiming it generates �278m in annual output for the Scottish economy

Heriot-Watt University has published economic research claiming it generates �278m in annual output for the Scottish economy

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

George Osborne’s flagship is threatening to become a ‘huge white elephant’

THE coalition government’s flagship scheme to kick-start the economy by increasing lending to businesses and consumers has been dubbed a “white elephant” after figures showed less than £500 million in extra cash has been passed on by banks (Scotsman).

Read all today’s banking news from scotsman.com

ECONOMICS

Heriot-Watt University ‘generates £278m’ a year for Scottish economy

Heriot-Watt University has published economic research claiming it generates £278m in annual output for the Scottish economy (BBC).

Read all today’s economics news from scotsman.com

ENERGY & UTILITIES

David Murray sells part of metals arm in £34.5 management buy-out

FORMER Rangers Football Club owner Sir David Murray has sold part of his metals business in a £34.5 million management buy-out (MBO) that sees him part company with key lieutenant Donald Wilson (Scotsman)

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

INDUSTRY

Pace of decline slows in UK manufacturing output

MANUFACTURING output in the UK shrank again in November but the pace of decline is slowing, according to a closely watched survey (Herald).

Read all today’s industry news from scotsman.com

MEDIA & LEISURE

News Corp shake-up sees Thomson in key role in newspapers

RUPERT Murdoch has unveiled a shake up at his News Corporation empire, folding its digital newspaper and appointing leaders for the new publishing arm (Scotsman).

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

RETAIL

HMV offloads live venues in £7.3m bid to cut debt

HMV yesterday sold more of its live music venue business to cut its debt pile and said more disposals are to follow (Scotsman).

Read all today’s retail news from scotsman.com

 

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