Scottish Business Briefing - Monday 16 January, 2012

Cairn has signed a key deal with Norway's StatOil
Cairn has signed a key deal with Norway's StatOil
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WELCOME to’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.


Scottish jobs market hits lowest level in 14 months – but still outperforms UK

The slowdown in Scottish economic growth finally began to catch up with the country’s jobs market last month, according to data released today (Scotsman).

UK ‘already in recession’, as eurozone crisis hits exports

BRITAIN’S economy is most likely already in recession as the country’s recovery is hampered by the growing eurozone crisis, experts have warned (Scotsman).

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Cairn Energy looks south to Falklands for new oil find

Oil explorer Cairn Energy is looking at what would be a controversial foray into the Falkland Islands, where a recent major oil find has stoked renewed tensions between Britain and Argentina (Scotsman).

Read all today’s energy and utilities news from


Wiseman agrees to Muller takeover

Britain’s biggest fresh milk company, Robert Wiseman, has agreed to be taken over by Muller Dairy in a deal worth almost £280m (BBC).

Read all today’s food, drink and agriculture news from


Hospitality industry faces staff shortages

UPMARKET hospitality businesses in the Highlands and Islands are warning that a lack of interest from young Scots and a diminishing immigrant workforce is leading to serious staff shortages ({


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English airports fear damage from lower Scots levy if APD is devolved

Scotland’s campaign to gain control of air passenger duty (APD) has been undermined by fierce lobbying from regional airports in the north-east of England, including Newcastle, which fear it would damage their competitiveness (Scotsman).

Read all today’s transport news from