Scottish Business Briefing - Monday 12 March, 2012
ECONOMICS
Growth eases fears of double-dip recession
THE threat of a double-dip recession hitting Scotland is diminishing, the Bank of Scotland’s chief economist said today, as a business survey suggested a “slow recovery” for the economy (Scotsman).
FOOD, DRINK & AGRICULTURE
Pesto owner eyes private equity expansion recipe
AN entrepreneur is eyeing further expansion of his latest restaurant group in Scotland, once investors start feeling more confident about consumer- facing businesses (Herald).
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Hodgson to invest £1m in caravan portfolio
AN East Lothian-based entrepreneur who aims to make a second fortune in the leisure business plans to invest £1 million this year in developing the portfolio of caravan parks that he has amassed (Herald)
RETAIL
Discounter Aldi plays tartan card with £2m ad campaign targeting Scotland
DISCOUNT supermarket chain Aldi is shelling out £2 million on a dedicated Scottish television marketing campaign – its first ever – as it attempts to grab share from its big-name rivals (Scotsman)
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TECHNOLOGY
Sciencesoft to build training centre after record sales
A software firm is planning to build a new training centre after reporting record sales and profits. Sciencesoft, which provides reservoir modelling products for the oil and gas industry, intends to spend around £120,000 expanding its Glasgow headquarters (Herald).
Scientists translate sign language to text in pioneering phone software
PIONEERING technology which translates sign language into text is being developed by Scottish scientists in a major boost for people suffering from speech and hearing difficulties (Scotsman).