Scottish Business Briefing - Tuesday 8 October
MANAGEMENT
GVA buys rival to boost turnaround
Property agency GVA has bought rival James Barr in a move it says makes it the third largest firm in the Scottish commercial sector. (Scotsman)
RETAIL
Grassmarket business plea rejected by government
The Scottish Government has dealt a blow to campaigners seeking to overturn a vote on a business improvement district (Bid) they claim was flawed. (Scotsman)
TRANSPORT & INDUSTRY
Cala plans to double in size as profit soars
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Hide AdHousebuilder Cala, which recently changed hands in a £214 million deal, today unveiled record profits and said it is seeking to double in size in the next four years. (Scotsman)
Albion making progress despite tough market
ALBION Automotive, the US owned axle-maker which is based in Glasgow, said it has been making progress amid challenging conditions and highlighted its Scottish engineering heritage. (Herald)
MEDIA, TECH & LEISURE
Cineworld to sell Belmont cinema in Aberdeen
Cinema operator Cineworld today said it was “reluctantly” selling its Belmont venue in Aberdeen, along with another art-house site in Bury St Edmunds, following a ruling by the competition watchdog. (Scotsman)
Pubs and clubs group G1 hails year of success
GLASGOW leisure magnate Stefan King’s G1 Group lifted operating profits by 19% last year as acquisitions and new developments kicked in. (Herald)
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