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Scottish Business Briefing - Wednesday 28 November, 2012

Hotels across Scotland have been hit by continued falls in occupancy and revenues

Hotels across Scotland have been hit by continued falls in occupancy and revenues

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

Businesses condemn Swinney’s rates revaluation delay to 2017

Business groups today attacked finance secretary John Swinney’s decision to delay a rates revaluation until 2017, warning he has left current ratings “dangerously out of date” (Scotsman).

Read all today’s economics news from scotsman.com

ENERGY & UTILITIES

Falkland oil firm’s shares slump as well abandoned

Shares in Falkland Oil & Gas almost halved in value yesterday after telling investors it would abandon a well in the South Atlantic following disappointing results (Scotsman).

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

FOOD, DRINK & AGRICULTURE

Profits slump at JW Galloway

FAMILY owned meat producer JW Galloway has seen its profits slump, in spite of a 2% rise in turnover Herald)

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

INDUSTRY

Process ‘could become new GM’

Public opinion is the biggest hurdle to the controversial fracking method of gas production being used in the UK, a business gathering heard in Aberdeen yesterday (P&J).

Read all today’s industry news from scotsman.com

MANAGEMENT

John Menzies in £20m deal for marketing firm

Logistics group John Menzies has agreed to buy Orbital Marketing Services in a deal that could be worth almost £20 million (Scotsman).

Read all today’s management news from scotsman.com

MEDIA & LEISURE

Scots hotels facing threat of failure after occupancy rates slide

Hotels across Scotland have been hit by continued falls in occupancy and revenues, according to a report warning that more operators may suffer the same fate as the parent company of the Malmaison chain by falling into administration (Scotsman).

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

 

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