Scottish Business Briefing - Monday 20 June, 2011

ECONOMY

Mixed messages as pay rises but jobs growth slows down

PAY rose at its fastest for three years during May but growth in the number of candidates finding jobs slowed again, sending out mixed messages about Scotland's labour market.

http://business.scotsman.com/business/Mixed-messages-as-pay-rises.6787766.jp

'Devolution has not aided Scots growth'

ALEX Salmond's call for new economic powers has been questioned by a leading Scottish think-tank after a study raised doubts over whether devolved government policy in Scotland had had an impact on growth.

http://news.scotsman.com/news/39Devolution-has-not-aided-Scots.6787875.jp

Read all today's economics news from scotsman.com

ENERGY & UTILITIES

US private equity fund to pump 17m in Scotland

SCOTLAND'S energy sector stands to benefit from a 17 million investment after an American private equity firm revealed that it was still looking to pump funds into the industry.

http://business.scotsman.com/energyutilities/US-private-equity-fund-to.6787769.jp

Read all today's energy and utilities news from scotsman.com

INDUSTRYJobs boost for city

A MULTI-MILLION pound business investment is set to create 700 jobs in and around Glasgow. Two leading British property firms are expected to sign a 14 million deal in the coming days to take half a proposed business park within the Clyde Gateway regeneration scheme, and work is earmarked to begin in August.

http://www.heraldscotland.com/news/home-news/jobs-boost-for-city-1.1107547

Read all today's industry news from scotsman.com

TRANSPORT

Islanders fear for economy as faulty ferry causes disruptions and anger

ISLANDERS have expressed fears about the economic impact of new faults with a brand new 25 million ferry which have delayed passengers by up to nine hours.

http://news.scotsman.com/scotland/Islanders-fear-for-economy-as.6787827.jp

Read all today's transport news from scotsman.com