Sponsored by
Scottish Business Briefing – January 13th 2012
Tesco shares fell on the back of poor results over the Christamas period
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.
BANKING
NAB pumps further £400m into Clydesdale to raise capital ratios
CLYDESDALE Bank has received a further £400 million in capital from parent company National Australia Bank in a fresh sign that the group expects no easing of economic difficulties in the months to come. (Scotsman)
ECONOMICS
SCC chief calls for 0.5% rate to remain in 2012
SCOTTISH Chambers of Commerce declared that next month would provide an “ideal opportunity” for further loosening of monetary policy, and highlighted the “challenging” economic outlook, after the Bank of England stood pat yesterday. (Herald)
INDUSTRY
Scottish surge helps to drive Barratt’s sales
Housebuilder Barratt yesterday revealed a rise in revenues and a burgeoning order book, helped by a 25 per cent increase in Scottish sales. (Scotsman)
MEDIA & LEISURE
8% increase in visitors to Scotland
The number of people visiting Scotland has risen, according to new figures. While the number of visitors coming from overseas fell by 4% in the first nine months of 2011, there was a 10% increase in people from other parts of Britain travelling. (Scotsman)
RETAIL
Tesco stuns the City after sales slide leads to profit warning
TESCO, Britain’s biggest retailer, stunned the City with its first profits warning in living memory yesterday, wiping billions off its share price and starkly highlighting consumer pressures. (Scotsman)
Big names adding to woes on the UK’s troubled high street
ANALYSTS have warned of even tougher times ahead for Britain’s shops after weak trading figures from some of the high street’s best-known brands saw investors dump retail stocks yesterday. (Scotsman)
Email to a friend
Print this page- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers takeover: Duff & Phelps threaten legal action against BBC
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Friday 25 May 2012
Today
Sunny
Temperature: 10 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 9 C to 20 C
Wind Speed: 15 mph
Wind direction: North east
Your view
Please sign in to be able to comment on this story.