Scottish Business Briefing - Friday 15 March, 2013
ECONOMICS
Skeoch urges policymakers to ‘take risk on inflation’
KEITH SKEOCH, chief executive of Standard Life Investments (SLI), said yesterday that it was “worth taking a risk” on inflation in order to get more growth into the economy (Scotsman).
ENERGY & UTILITIES
Aggreko secures $200m deal in southern Africa
Temporary energy supplier Aggreko is stepping up its presence in Africa after signing a $200 million (£133m) contract to provide power to the national utilities in Mozambique and Namibia for the next two years (Scotsman).
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Bread maker Genius Foods picks director
GENIUS Foods, the fast-growing Edinburgh-based gluten-free bakery, has appointed former Warburtons and Unilever executive Liam McHugh as its manufacturing director (Scotsman).
INDUSTRY
Miller Group returns to black with record order book
Miller Group announced today that it had returned to profit amid signs of improvement in the outlook for all its divisions (Scotsman).
MANAGEMENT
Baillie Gifford cuts fees for investment trust boards
Baillie Gifford, the Edinburgh fund management partnership, is reducing the management fees it charges the boards of four investment trusts in order to keep them competitive (Herald).
RETAIL
Grocer still has much to do
Morrisons said yesterday a below-par performance in the year to February 3 resulted in a 7% drop in pre-tax profits to £879million (P&J).
SCOTSMAN CONFERENCE
The Economics of Independence 2013
This conference tackles the crucial issues facing business and industry in the Scottish
independence debate. Join expert speakers Alistair Darling MP, Jim McColl (Clyde Blowers) and Rupert Soames (Aggreko). Book your place today.