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Scottish Business Briefing - Wednesday 28 November, 2012
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John Swinney’s decision to delay a rates revaluation until 2017, warning he has left current ratings “dangerously out of date” (Scotsman).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).
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Weather for Edinburgh
Thursday 23 May 2013
Today
Light showers
Temperature: 5 C to 10 C
Wind Speed: 23 mph
Wind direction: North west
Tomorrow
Sunny spells
Temperature: 4 C to 13 C
Wind Speed: 17 mph
Wind direction: North east
