Scottish Business Briefing – August 28th 2012

Published on 28/08/2012 09:36

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.

ECONOMICS

CBI calls for budget to invest in infrastructure and freeze taxes

FINANCE Secretary John Swinney will face calls today from CBI Scotland director Iain McMillan to freeze taxes and trim Scottish Government spending to free up cash for infrastructure projects.

Read all today’s economics news from scotsman.com

FOOD, DRINK & AGRICULTURE

Brewhaha cracks China

A SCOTTISH tea company has just shipped its first batch of products to China and is on course to treble its annual sales through other export deals. The Brewhaha teas will go on display at a major trade show in Beijing which the company hopes will lead to orders from department stores and supermarkets.

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

INDUSTRY

China will suit Kinloch Anderson

A SCOTTISH fashion company that supplies kilts and other Highland apparel to the Royal Family is preparing to open its first shop in China. Edinburgh-based Kinloch Anderson already sells its clothing in Japan, Korea and North America.

Troubled construction sector faces new blow

THE troubled Scottish construction sector has suffered a double blow as two more firms are involved in insolvency proceedings. Building and civil engineering firm Ritchie Brothers (Scotland) is in liquidation while the partnership of James Scott Builders & Company has been declared bankrupt.

Read all today’s industry news from scotsman.com

TECHNOLOGY

Letts pencils a date in his diary as he makes plans for Blur flotation

A TECHNOLOGY entrepreneur who cut his teeth at his family’s printing business in Scotland is seeking to float his own firm as it expands operations on a global scale.Philip Letts, whose family owned the eponymous diary publisher in Dalkeith for two centuries, has hired Singer Capital Markets to advise on the flotation on the Alternative Investment Market of his Blur Group.

Read all today’s technology news from scotsman.com

TRANSPORT

FirstGroup hits back at Branson’s claims over west coast rail route

TRANSPORT Secretary Justine Greening is expected to sign a deal in the early hours of tomorrow morning to hand FirstGroup control of the west coast rail franchise, brushing aside complaints from incumbent operator Sir Richard Branson.

Read all today’s transport news from scotsman.com

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Scottish Business Briefing – August 28th 2012

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