Scottish Business Briefing - Tuesday 12 July, 2011

TRANSPORT

Edinburgh airport growth pushes Glasgow toward sale

Edinburgh airport has racked up its fourth consecutive month of record passenger traffic making it a near certainty that owner BAA will raise the "for sale" sign on Glasgow (Scotsman).

Read all today's transport news from scotsman.com

ECONOMY

Thirty-fold rise in level of fraud for Scots business

SCOTTISH businesses and Government agencies saw the level of fraud rise 30-fold to 94.1 million in the first six months of 2011, compared with 2.8m for the same period last year (Herald).

Read all today's economics news from scotsman.com

FOOD, DRINK & AGRICULTURE

Potato price rise chips in to lift sales

PRODUCE Investments, the Scottish farming group, yesterday reported strong growth in sales on the back of high potato prices and a number of customer wins (Scotsman).

Glengoyne shows wildlife spirit

Glengoyne distillery, nestled at the foot of the Campsie Hills about 13 miles north of Glasgow, has invested 170,000 into the creation of a wildlife sanctuary across the road that will also help process the waste from its spirit stills (Herald).

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

RETAIL

Consumers are failing to loosen the purse strings

Retail sales failed to rebound last month as the consumer spending squeeze maintained its grip, figures today suggest. The British Retail Consortium's (BRC) latest snapshot of the UK high street shows sales values were 0.6 per cent lower on a like-for-like basis in June, compared with a year ago (Scotsman).

Read all today's retail news from scotsman.com

TECHNOLOGY

Licensing deal with US cash machine giant boosts i-design

SHARES in Scottish advertising software firm i-design soared yesterday after it signed a licensing deal with one of its customers (Scotsman).

Read all today's technology news from scotsman.com