Scottish Business Briefing - Friday 6 December

EasyJet founder Sir Stelios Haji-Ioannou. Picture: PA
EasyJet founder Sir Stelios Haji-Ioannou. Picture: PA
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WELCOME to’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.


RBS: More legal woes as investors launch $250m suit

Royal Bank of Scotland, which was fined £325 million this week for its part in the rate-rigging scandal, is facing a fresh legal challenge over the sale of complex financial products. (Scotsman)

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Stelios on course for row over EasyJet pay plans

EasyJet founder Sir Stelios Haji-Ioannou is expected to continue his opposition to the airline’s pay plans, after it revealed a 75 per cent jump in chief executive Caroline McCall’s pay package. (Scotsman)

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Forum Energy profits double to £21m thanks to boom in North Sea activity

FORUM Energy Technologies doubled underlying profits in the UK in the last financial year as it capitalised on increased activity in the North Sea. (Herald)

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FirstGroup picks Aviva’s McFarlane as new chairman

Transport giant FirstGroup today said it has chosen John McFarlane, who chairs insurer Aviva, as its new chairman. (Scotsman)

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Pinnacle founder Bonner to stand down

Alan Bonner, the founder of Pinnacle Technology, has decided to step down as chief executive of the Stirlingshire-based firm, which today warned of a “significant deterioration” in its annual results. (Scotsman)

Glasgow 2014: Selex appointed official security provider

An Italian-owned electronics and IT firm has been selected to provide security measures for the Glasgow 2014 Commonwealth Games. (BBC)

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The Fracking Question - 11th December - Edinburgh

Join us as we hear how fracking challenges the basic premise of the UK energy story – resources are declining and prices are rising. The conference will look at the current and potential impacts of fracking on a local and global scale. Visit the Scotsman Conferences website for more details.

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