Scottish Business Briefing - Monday 26 August, 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.
Losses deepened at the company behind the famous Old Course Hotel. Picture: Jane BarlowLosses deepened at the company behind the famous Old Course Hotel. Picture: Jane Barlow
Losses deepened at the company behind the famous Old Course Hotel. Picture: Jane Barlow

FINANCE

Church of England team mulls RBS branch cash offer

CONSORTIUM backed by the Church of England is mulling a cash bid for more than 300 Royal Bank of Scotland branches if the lender decides not to float the assets on the stock market (http://www.scotsman.com/business/finance/church-of-england-team-mulls-rbs-branch-cash-offer-1-3062101|Scotsman|Scotsman}).

MANAGEMENT

Webhelp TSC to create 70 jobs in Glasgow

Call centre firm Webhelp TSC is to create 70 jobs in Glasgow under a new pre-employment training initiative (BBC).

ECONOMY

Firms urged to expand as recovery takes hold

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SMALL businesses should be gearing up to capitalise on the economic upturn, according to two of Scotland’s biggest trade bodies, as a raft of indicators point to a return to growth (Scotsman).

ENERGY

Peterson picks Witton to lead further overseas push

LOGISTICS firm Peterson has appointed former Royal Navy lieutenant Eric Witton to lead a further push into overseas markets as the company launches a marine technical department (Scotsman).

TRANSPORT & INDUSTRY

Etihad Airways may take stake in Italy’s Alitalia

Alitalia is in talks with Etihad Airways over a deal that could lead to the Abu Dhabi-based carrier taking a stake in its loss-making Italian peer, according to a report in the Il Sole 24 Ore newspaper (Scotsman).

MEDIA, TECH & LEISURE

Occupancy boost can’t offset losses at Old Course

LOSSES deepened at the company behind the famous Old Course Hotel in St Andrews last year - in spite of an increase in room occupancy and guest numbers, new accounts show (Herald).

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