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Scottish Business Briefing - Wednesday 29 February, 2012

Costa coffee are set to expand

Costa coffee are set to expand

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.

FOOD, DRINK & AGRICULTURE

Tycoon Mallya mulls sale of Whyte & Mackay

WHISKY distiller Whyte & Mackay may be put up for sale by Indian billionaire Vijay Mallya to help clear his debts. Mallya’s United Spirits told the Bombay stock exchange that the sale of its 49 per cent stake in the Glasgow-based firm was one of several options being considered by the company (Scotsman).

Profits at Glenrath tumble 40% as costs rise

THE largest free range egg producer in Europe has reported a near-40% dip in profits due to rising costs and over supply in the market ({http://www.heraldscotland.com/business/company-news/profits-at-glenrath-tumble-40-as-costs-rise.16884857

|Herald|Herald}).

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

INDUSTRY

Emanuel property interests collapse

A GROUP of property companies involving one of the country’s best-known entrepreneurs has collapsed amid the downturn in the market. Receivers have been appointed to six companies in the Real Corporation stable, which is part-owned by Richard Emanuel, the mobile phone tycoon (Herald).

Read all today’s industry news from scotsman.com

MEDIA & LEISURE

Cappuccino to go and rooms to stay will create 350 jobs

HUNDREDS of jobs are to be created in Scotland as part of a rapid expansion by budget hotel chain Premier Inn and Costa coffee, it has been announced (Scotsman).

Modular design kicks off new era for buoyant Goals Soccer Centres

GOALS Soccer Centres, the Scots five-a-side pitch operator, hailed its new modular build strategy as “transformational” yesterday as investors cheered solid full-time results ({http://www.scotsman.com/business/modular_design_kicks_off_new_era_for_buoyant_goals_soccer_centres_1_2143006

|Scotsman|Scotsman}).

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

TECHNOLOGY

Craneware shares soar on major US contract win

Shares in software firm Craneware jumped by nearly a third yesterday as the Edinburgh-based company hailed its most significant contract to date, sparking talk of it becoming a takeover target ({http://www.scotsman.com/business/technology/craneware_shares_soar_on_major_us_contract_win_1_2143020

|Scotsman|Scotsman}).

Read all today’s technology news from scotsman.com

 

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