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Scottish Business Briefing - Wednesday 25 January, 2012

Bill Gammell

Bill Gammell

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.

ECONOMICS

GDP figures set to foreshadow new recession

FEARS of a second recession are likely to heighten today as economists expect GDP figures to show the UK economy went into reverse during the final three months of last year. (The Scotsman)

Read all today’s economics news from scotsman.com

ENERGY & UTILITIES

Cairn warned Gammell’s £1.4m will be flash point

CAIRN Energy has been warned by corporate governance watchdog Manifest that a £1.4 million payment to founder Sir Bill Gammell could be a “flash point” at its next annual investor meeting even after the Edinburgh oil explorer yesterday backed down on a separate £2.5m share award.

(The Herald)

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

FOOD, DRINK & AGRICULTURE

Edinburgh start-up to make whisky biofuel

A new company has been formed to commercialise a process for producing biofuel made from whisky by-products. (BBC)

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

INDUSTRY

Scottish construction growth ‘to return’ in 2013

The Scottish construction industry will continue to contract this year but is expected to return to growth in 2013, according to a new report (BBC)

Read all today’s industry news from scotsman.com

TECHNOLOGY

Pinnacle Telecom wins Olympic contract

A SCOTS telecoms firm yesterday unveiled its highest-profile contract to date after being chosen by the BBC to provide a voice and data network for broadcasters at this summer’s Olympic Games in London. (The Scotsman)

Read all today’s technology news from scotsman.com

Facebook: We can help small firms morph into big business

Social networking giant Facebook has claimed it is supporting more than 35,000 jobs in the UK as small businesses use its site to market themselves to a wider audience. (The Scotsman)

 

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