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Scottish Business Briefing - Thursday 7 July, 2011
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.
ECONOMY
Edinburgh house prices drop 3.6% - with more falls forecast
HOUSE prices in Edinburgh and Glasgow have slumped in the past three months and are set to fall further as buyers continue to spurn the market, new reports have claimed (Scotsman).
Read all today's economics news from scotsman.com
FOOD, DRINK & AGRICULTURE
Wiseman Dairies warns of milk price rise due to higher costs
ROBERT Wiseman Dairies yesterday warned that the price of milk could be heading up because of rising cost pressures (Scotsman).
Read all today's food, drink and agriculture news from scotsman.com
INDUSTRY
Profits driven on as rental rivals fall by the wayside
TOM Vehicle Rental, Scotland's largest vehicle fleet and service management firm, has almost doubled its profits following the demise of two major competitors and the growing trend toward outsourcing across corporations and the public sector (Herald).
Read all today's industry news from scotsman.com
RETAIL
Hunter in 7m fashion deal with Mike Ashley
SIR Tom Hunter has offloaded a majority stake in his USC and Cruise clothing businesses to fellow retail entrepreneur Mike Ashley for 7 million (Scotsman).
Read all today's retail news from scotsman.com
TECHNOLOGY
Axis-Shield soars 49% as US offer sparks talk of bid war
RIVAL bids are expected to emerge for Axis-Shield after the Dundee-based medical testing kit maker yesterday revealed it had rejected an offer from New York-listed Alere, valuing the firm at 230 million (Scotsman).
Read all today's technology news from scotsman.com
TRANSPORT
Call for return of airline subsidies to help drive on Scottish exports
TRADE bodies have called on the Scottish Government to invest in air transport links to ensure manufacturers can continue to "rebalance" the economy and to drive growth (Scotsman).
Read all today's transport news from scotsman.com
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- Scottish independence: ‘People here are best qualified to run Scotland’
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Weather for Edinburgh
Friday 25 May 2012
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Temperature: 10 C to 21 C
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Wind direction: North east
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Sunny
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