Scottish Business Briefing - Friday, October 18

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.
Sir Tom Hinter his award. Picture: submittedSir Tom Hinter his award. Picture: submitted
Sir Tom Hinter his award. Picture: submitted

MANAGEMENT

Sir Tom Hunter sell shares in Sigma

Sir Tom Hunter has sold half of his stake in property developer Sigma Capital.

ENERGY

Fuel discount bid for rural town

A fuel discount scheme in place in the Scottish islands and the Isles of Scilly could be extended to 10 rural towns in mainland Scotland and England.

FOOD, DRINK & AGRICULTURE

Diageo and SABMiller toasting African growth

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GROWTH in emerging markets including Africa helped both Johnnie Walker-maker Diageo and Peroni-brewer SABMiller to yesterday shrug off tepid demand in Europe.

Arran seals deal to fund Loch Earn micro-brewery

REAL ale maker Arran Brewery has bought the Drummond Hotel on the banks of Loch Earn and unveiled plans to turn it into a lager brewery.

RETAIL

Tough trading for Mothercare

Mothercare said trading conditions had been tougher than expected after UK like-for-like sales fell 1.9% in the 13 weeks to October 12.

MEDIA, TECH & LEISURE

Profits hike on cards at Omega Diagnostics

OMEGA Diagnostics is on course to report a 10% hike in half-year profits and hopes to give an update on its heavily anticipated HIV test kit before the end of the month.

Independence White Paper: A business plan for Scotland? - 3rd December - Edinburgh

Will the forthcoming SNP blueprint for independence help provide the answers for undecided Scots ahead of next year’s referendum?

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Join us to hear keynote speakers such as Chris van der Kuyl among others from the world of politics and business to debate the merits of the white paper and then you will get the opportunity to ask the questions that matter to you. Visit the Scotsman Conferences website for more details

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