Scottish Business Briefing - Tuesday February 14, 2012

Scottish house sales edged up in January

Scottish house sales edged up in January

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WELCOME to’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.


Business calls for new approach after banks miss lending targets

BUSINESS leaders yesterday called for a “different approach” on lending practices after official figures confirmed that Britain’s biggest banks fell more than £1 billion short of their SME loan targets ({


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Norwegian field fails to deliver

Faroe Petroleum, the Aberdeen-based oil and gas firm, yesterday provided a disappointing update from one of its prospects in the Norwegian sector of the North Sea ({


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McColl sells another business in multi-million pound deal

Scottish tycoon Jim McColl has sold another of his businesses, Swiss pumps business Maag Group, in a deal likely to be worth hundreds of millions of pounds (Scotsman).

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Lawyers cut costs to maximise profits as firms face pressure

PROFITS at Scotland’s law firms have risen for the first time since the financial crisis – but the headline figure masks tough times for the smallest and largest practices (Scotsdman).

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House sales up as stamp duty holiday set to end

Scottish house sales edged up in January as first-time buyers looked to beat the stamp duty holiday which is set to expire, according to surveyors ({


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Holiday firm woes ‘won’t damage Glasgow Airport’

THE head of Glasgow Airport is confident the recent troubles at package holiday operators won’t affect the fortunes of the transport hub, but warned greater support is needed in other areas ({


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