Scottish Business Briefing - Friday 27 April, 2012
BANKING
HSBC to cut 130 jobs in Scottish call centres
BANKING giant HSBC yesterday confirmed it was cutting 130 jobs in Scotland as part of a sweeping move to slash costs and “eliminate unnecessary bureaucracy” (Scotsman).
ENERGY & UTILITIES
Maersk backs city as 200 oil jobs created
ABERDEEN’S oil sector has been handed a major jobs boost with the announcement yesterday of 200 new posts. The oil arm of shipping giant Maersk aims to double its production from the North Sea in the next five to six years (P&J).
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Hide AdFOOD, DRINK & AGRICULTURE
Barr boardroom pay takes a surprise cut
Executive pay at soft drinks maker AG Barr has taken a surprise downturn as the value of boardroom bonuses and salary fell last year (Scotsman)
Lees shareholder group launches online campaign to stop buy-out
SHAREHOLDER group ShareSoc has formally launched on online campaign aimed at rallying together small investors opposed to the management buy-out of Lanarkshire-based confectionery specialist Lees Foods (Scotsman).
PERSONAL FINANCE
Rules relaxed for 300 pension schemes
The Pensions Regulator is to relax the rules governing 300 UK company pensions to help deal with funding shortfalls (BBC).
TRANSPORT
Investment cuts into figures but Edinburgh still flying
HEAVY investment in tighter security measures and snow-clearing equipment at Edinburgh airport took their toll on profits despite turnover reaching record levels (Scotsman).