Scottish Business Briefing – Friday, April 26

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.
Picture: GettyPicture: Getty
Picture: Getty

BANKING

RBS ‘customer first’ plan to rebuild reputation

ROYAL Bank of Scotland is to appoint a managing director for its Scottish retail business in a move aimed at rebuilding the brand’s damaged image with its customers

ENERGY & UTILITIES

£15m fund to help develop foundations

A £15million fund has been set up to help develop foundations for deepwater wind turbines in Scotland.

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FOOD, DRINK & AGRICULTURE

Scotch whisky sales in China see decline

FRENCH drinks giant Pernod Ricard has stuck with its full-year profits forecast despite posting a weaker-than-expected third-quarter update.

INDUSTRY

Housebuilder says Scottish scheme yet to make mark

Builder Taylor Wimpey has claimed UK government schemes to help homebuyers south of the Border are driving a pick up in activity, but Scotland is lagging behind.

MANAGEMENT

Kames secures £85m fund

KAMES Capital has been awarded an £85 million indirect property mandate by the £1 billion Kelda group pension plan, advised by Hymans Robertson.

RETAIL

Menzies cargo workers threaten strike action over pay

STRIKE action has been threatened by the union representing cargo staff employed by John Menzies at Heathrow Airport, raising the prospect of disruption to the Edinburgh-based company’s international freight activities out of London.

SCOTSMAN CONFERENCE

Defence Policy: Protecting Scotland and Preserving Jobs – 14 June, Edinburgh Book today and secure 20% early bird discount at this unmissable event. Ends 30 April. Top

speakers including Angus Robertson MP; Jim Murphy MP and Prof Hew Strachan of Oxford University will debate the big issues facing the defence industry today.