Scottish Business Briefing - Wednesday 29 February, 2012
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}).
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Weather for Edinburgh
Tuesday 18 June 2013
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