Scottish Business Briefing – Monday 6 February, 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.

BANKING

Opt-out may not protect financial firms from an EU transaction tax

BRITAIN’S financial services firms could pay up to 60 per cent of the proposed European transaction tax even if the UK opts out, a report will warn today. (Scotsman)

ECONOMICS

Hundreds of millions ‘leaking out’ of Scotland

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HUNDREDS of millions of pounds are “leaking out” of the Scottish economy, with contracts for major building and infrastructure projects being handed to firms outside Scotland, a new report has claimed. (Scotsman)

ENERGY & UTILITIES

Heat firm pumps up the volume

Scottish biomass heat specialist HWEnergy has predicted a jump in turnover this year thanks to the rising price of oil and a government subsidy scheme. (Press & Journal}

Craig Group adds to fleet as Talisman deal is unveiled

CRAIG Group, the Aberdeen-based energy services firm, will today unveil a five-year contract from Talisman Energy that will spark a “major investment” in its shipping fleet. (Scotsman)

FOOD, DRINK & AGRICULTURE

Scottish Salmon Company to cast net wider with £40m expansion plan

A FISH producer will make a splash today when it announces plans to open ten farms along Scotland’s west coast, creating 100 jobs and pumping in £40 million worth of investment. (Scotsman)

INDUSTRY

Firm’s £5m contract for hospital super generator

A GENERATOR firm backed by the Pirrie brothers has won a contract to provide the biggest stand-by power system ever to be installed in Scotland for the giant New South Glasgow Hospital. (Herald)

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