Scottish Business Briefing - Monday 26 November, 2012

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.

FOOD, DRINK & AGRICULTURE

Arran Brewery entrepreneur to resurrect Rosebank distillery

THE entrepreneur behind the Arran Brewery plans to breathe new life into the historic Rosebank distillery in Falkirk under a multi-million pound scheme to turn the site into a brewery, bottling plant and “micro-distillery” (Scotsman).

Bakery boss sets sights on doubling turnover

A small Western Isles bakery wants to double its turnover within two years after investing around £2million in a new factory. Mull-based Island Bakery Organics said it also wanted to triple production at its new place and turn out 500,000 biscuits a week by the end of 2014 (P&J).

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ECONOMICS

Six more years of austerity, warns think-tank

SWINGEING cuts to public spending could last until 2018 with a further £11 billion sliced from budgets, a leading economic think-tank has warned. The warning came as Scottish finance secretary John Swinney launched a fresh call for George Osborne to reverse the cuts and pump hundreds of millions of pounds into large-scale building projects to revive Scotland’s flatlining economy (Scotsman)

INDUSTRY

BAE shipyards in Govan and Scotstoun could face closure by the end of the year

THOUSANDS of Scottish shipbuilding jobs have been thrown into doubt after defence giant BAE suggested it would close one of its three UK yards by the end of the year. With only one of the yards outside Scotland and BAE contractually tied to retaining a presence in the UK if it is to win British defence contracts, the announcement has raised fears the prospect of independence could seal the closure of one of its centres north of the Border (Scotsman).

Architects clinch deal for Clyde Blowers office

AN architectural practice is hoping for growth after being commissioned to work on an extension for the headquarters of Jim McColl’s Clyde Blowers Capital. Inkdesign has just secured the planning permission and building warrant to extend the main Clyde Blowers office building in East Kilbride as part of a £2.75 million project which is likely to start in the spring of 2014 (Herald).

Falkirk crane hire firm buys Scotland’s largest ‘cherry-picker’

A CRANE hire firm in Falkirk has bought what is believed to be the largest truck-mounted access platform, or “cherry-picker”, based in Scotland. Outreach has spent £1.25 million buying three access platforms, including one that is capable of working at heights of up to 70 metres (Scotsman).