Sponsored by
Scottish Business Briefing - Wednesday 11 May, 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.
ENERGY & UTILITIES
Nothing to Xcite as shares fall on report
OIL explorer Xcite Energy, one of Scotland's most hotly followed companies, yesterday lost a quarter of its market value as the market reacted badly to lower than expected estimates of reserves in its North Sea field (Scotsman).
Energy firm guilty over sales tactics
One of the UK's big six energy companies has been found guilty of using misleading sales tactics when doorstep sales representatives convinced potential customers to change suppliers. Scottish and Southern Energy reps used a script and a print-out to make customers believe they were paying too much with their current supplier (Scotsman).
Read all today's energy and utilities news from scotsman.com
BANKING & INSURANCE
Mandate boost for Maven Capital
MAVEN Capital Partners, the Glasgow-based private equity house, has doubled funds under management or advice from 140m when it started out in summer 2009 to about 280m (Herald).
Read all today's banking news from scotsman.com
INDUSTRY
Haughey targets 700m turnover in three years
GLASGOW entrepreneur Willie Haughey yesterday claimed he was on target to double turnover at his City Refrigeration business to more than 700 million in three years, driven by a recently-signed lucrative facilities management contract with Asda as well as UK and US opportunities (Herald).
Read all today's industry news from scotsman.com
PERSONAL FINANCE
How you can get your hands on your hidden cash out there
THROWING money away is no-one's idea of dealing with hard financial times, but an astonishing number of people are failing to claim cash they're entitled to (Scotsman)
Read all today's personal finance news from scotsman.com
RETAIL
Sainsbury's annual profits rise by 12.8%
Supermarket group Sainsbury's has reported a 12.8% rise in annual pre-tax profits to 827m and says that it has taken market share from rivals. The retailer also said that total revenues for the year to 19 March had risen by 5.7% to 21bn (BBC).
Read all today's retail news from scotsman.com
Email to a friend
Print this page- Rangers takeover: Duff & Phelps threaten legal action against BBC
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Family mourn death of Glasgow ‘fight’ schoolboy
- Rangers administration: Fans fear Duff & Phelps claims could scare off Green
- Rangers takeover: triple penalty punishment enough, says Johnston
- 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
- Scottish independence: ‘People here are best qualified to run Scotland’
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
