Scottish Business Briefing - Thursday 12 April, 2012
ECONOMICS
Scottish confidence on a high as recession concerns begin to ease
CONFIDENCE is growing among Scottish companies amid further evidence that a recession can be avoided, according to figures published today (Scotsman).
FOOD, DRINK & AGRICULTURE
ShareSoc hopes to derail Lees Foods buyout move
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Hide AdSMALL investor group ShareSoc is poised to launch a campaign against the attempted management buy-out of macaroon house Lees Foods for £5.6 million (Herald).
Highland bakery wants to boost jobs on back of biscuit boom
A Highland bakery wants more than double its workforce after it expands into new premises later this year. Thurso-based Reids of Caithness has taken on a unit at the Ormlie Industrial Estate so it can increase production of its biscuits and other products (P&J).
MEDIA & LEISURE
Scots duo use New York relaunch of Kiltr app to target a big bite of social networks
KILTR, the social network aimed at people with Scottish connections, is launching its updated website to an estimated 40 million potential American customers on Thursday as part of Scotland Week celebrations in New York (SCotsman).
TECHNOLOGY
EnStratus opts for Edinburgh as European HQ
A UNITED States start-up firm specialising in cloud computing has received £240,000 of Scottish Government money to establish its European headquarters in Edinburgh (Scotsman).
TRANSPORT
Ryanair slashes more capital routes
BUDGET airline Ryanair is to axe up to ten flight routes from Edinburgh with a loss of up to 300,000 passengers this winter as part of the firm’s ongoing dispute with airport operator BAA (Scotsman).