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Scottish Business Briefing - Thursday February 9, 2012

Valt Vodka director Ricky Christie

Valt Vodka director Ricky Christie

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

Tesco rules out bid for Clydesdale’s branches

THE head of Tesco’s banking operation has effectively ruled out a bid for the Clydesdale Bank, as he insisted the business did not have any “acquisition aspirations” for the Glasgow-based institution amid speculation of a possible sell-off (Scotsman)

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Read all today’s banking news from scotsman.com

ENERGY & UTILITIES

Open cast coal firm creates more than 50 jobs in West Lothian

More than 50 jobs are being created in West Lothian as work presses ahead on an open cast coal mine.The Banks Group, a development company that runs mines as well as wind farms, is preparing to open the Rusha surface mine near the village of Breich. (Scotsman)

Shock software tax ‘may put firms out of business’

Scotland’s leading advisers on European energy standards in buildings are fighting a shock ‘software tax’ from a UK government department which they say will damage the fragile construction industry (Herald).

Read all today’s energy and utilities news from scotsman.com

FOOD, DRINK & AGRICULTURE

Diageo half-year profits rise 15% on emerging markets

Drinks group Diageo has reported a rise in half-year profits as demand for its global brands continues to grow in emerging markets (BBC).

Vodka company in good spirits as it branches out to produce its first gin

SCOTLAND’s only single malt vodka company is branching out and making its first gin. Valt Vodka recently made a six-figure investment in buying its own distilling equipment and premises near Dumbarton (Herald).

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

TECHNOLOGY

BioQuarter’s first tenant is data analysis spin-out Fios Genomics

SCOTTISH Enterprise will tonight announce it has signed up the first tenant for its “bio-incubator” building at Edinburgh’s BioQuarter, the £600 million science park next to the city’s Royal Infirmary (Scotsman).

Read all today’s technology news from scotsman.com


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Weather for Edinburgh

Friday 25 May 2012

5 day forecast

Today

Sunny

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Temperature: 10 C to 21 C

Wind Speed: 14 mph

Wind direction: North east

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Temperature: 9 C to 20 C

Wind Speed: 15 mph

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