Scottish Business Briefing - Friday 17 June, 2011

ECONOMY

Scots economy at its best for three years

THE Scottish economy may finally be turning a corner after the downturn, according to a survey which revealed the best results for businesses north of the Border since the banking collapse.

Read all today's economics news from scotsman.com

ENERGY & UTILITIES

Boardroom shake-up at Cairn sees Gammell take the chair

SCOTTISH oil and gas firm Cairn Energy yesterday unveiled a boardroom reshuffle in the run-up to finalising a transformational but long-awaited deal to sell a majority stake in its Indian operations.

Read all today's energy and utilities news from scotsman.com

INDUSTRY

Profits return to Tullis as sales rise

TULLIS Russell, one of the last survivors of Scotland's battered paper-making industry, has shot back into the black thanks to increased sales volumes.

Read all today's industry news from scotsman.com

PERSONAL FINANCE

Planned public sector pension changes set out

The government is detailing for the first time plans to link the public sector retirement age to the state pension age, which is rising to 66.

http://www.bbc.co.uk/news/uk-politics-13800573

Read all today's personal finance news from scotsman.com

RETAIL

High street in a slump but luxury names buck trend

THE continued squeeze on household spending coupled with rising prices led to worse than expected high street sales figures last month and strengthened calls from business leaders for interest rate rises to be delayed.

Read all today's retail news from scotsman.com

TRANSPORT

Borders rail link in doubt as bidder No2 walks away

MINISTERS are to review the future of the troubled Borders Railway project after one of the two remaining bidders signalled it would abandon the race for the 230 million contract.

Read all today's transport news from scotsman.com