Scottish Business Briefing - Thursday 31 May, 2012

editorial image
Share this article
Have your say

WELCOME to’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.


RBS fends off flak as Sir Philip Hampton vows to restore dividend ‘soon’

Royal Bank of Scotland chairman Sir Philip Hampton today vowed to restore dividend payments “as soon as possible” but warned it will take many years before the group’s share value returns to the levels seen before the financial crisis (Scotsman).

Read all today’s banking news from


Shell to boost Schiehallion stake

Oil giant Shell has agreed a deal that could see it increase its stake in the BP-operated Schiehallion field to nearly 50% (P&J).

Read all today’s energy and utilities news from


£40m splashed out on raising Pernod whisky production

DRINKS giant Pernod Ricard yesterday unveiled a £40 million investment programme for its Scotch whisky distilleries that will see production expanded at four sites to cope with growing demand from emerging markets (Scotsman).

Read all today’s food, drink and agriculture news from


Texas plant at Greenock enjoys steady growth

TEXAS Instruments’ Greenock electronics plant, which for decades traded under the National Semiconductor banner, achieved solid growth in turnover during the 31 weeks to December 31 last year, accounts filed with Companies House reveal (Herald).

Read all today’s industry news from


Gillies claims SE has helped deliver £59m investment in infrastructure

Scottish Enterprise yesterday said it had helped secure nearly £59 million of investment in infrastructure and machinery over the past year, creating hundreds of jobs (Scotsman).

Read all today’s management news from


Thomas Cook sees losses widen as it struggles with debt

Thomas Cook has seen its half-year losses increase sharply after a “difficult” six months, but says it is taking “decisive action” to improve its position (|bbc|bbc}).

Read all today’s media and leisure news from