Scottish Business Briefing – Monday 20 May, 2013

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.
Simon Howie is building an extension at his meat processing facility. Picture: Robert PerrySimon Howie is building an extension at his meat processing facility. Picture: Robert Perry
Simon Howie is building an extension at his meat processing facility. Picture: Robert Perry

ECONOMICS

Jobs and wage growth gain pace in Scotland

Scotland’s economic recovery strengthened last month as firms created permanent jobs at their fastest rate for a year (Scotsman).

ENERGY & UTILITIES

Northern Lights shine as Granite City buzzes

THE pace of development in Aberdeen has quickened as projects aimed at the region’s buoyant oil and gas industry come on stream (Scotsman).

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FOOD, DRINK & AGRICULTURE

Howie preparing for growth at meat plant

ENTREPRENEUR Simon Howie is building an extension at his meat processing facility to cope with growing demand caused by the horsemeat scandal and the demise of Vion’s operations in Scotland (Herald).

MANAGEMENT

Consensus Capital looks south of Border

Consensus Capital Property, the private equity-backed investment firm, has launched plans to build 1,500 social housing units in England as newly-relaxed planning rules go into force south of the Border this month (Scotsman).

RETAIL

‘Optimism’ as shopper numbers rise

Retailers are cautiously optimistic after an increase in shopper numbers in April (BBC).

TRANSPORT

FirstGroup launches £615m fundraising, Gilbert to step down as chairman

Transport giant FirstGroup has launched £615m rights issue to shore up its balance sheet and said Martin Gilbert is to step down as chairman once his successor is found (Scotsman).