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.
RBS in fresh talks over disposal of Indian retail arm
Royal Bank of Scotland (RBS) is in talks over the sale of its retail and commercial banking operations in India, after a previous deal to sell the business to HSBC collapsed last year (Scotsman).
ENERGY & UTILITIES
Revenues rising at Energy Assets following Gazprom deal
GAS METER specialist Energy Assets has insisted that the outlook for the year ahead remains “positive” after reporting an uplift in revenues since the start of the second half (Scotsman).
Montgomery Litho print firm saved by MBO
All the trade and assets of the firm were acquired by the newly formed McAllister Litho Glasgow, which was able to seal an agreement with administrators from KPMG. The deal includes the trading companies MLG Glasgow, The Print People and MLG Marketing Solutions (Herald).
New AstraZeneca chief ‘clears the decks’ at medicine maker
AstraZeneca’s new chief executive stamped his authority on the drug maker yesterday by removing the heads of research and commercial operations in a management revamp designed to speed decision-making
Harris Tweed and TK Maxx settle labelling row out of court
The Harris Tweed Authority (HTA) said yesterday it had settled a dispute with popular high street chain TK Maxx after claims the retailer mislabelled products containing the material (P&J).
Adams lands chief executive’s job at Loganair while Harrison pilots board
SCOTTISH carrier Loganair will today name former BMI Regional managing director Stewart Adams as its next chief executive after a boardroom reshuffle (Scotsman).
Reducing Energy Demand Towards 2020
The Scottish Government is committed to building a renewable energy industry that will meet challenging 2020 carbon emission targets. This Scotsman Conference, in association with Energy Action Scotland, will look at ways that householders, businesses and the public sector can reduce the amount of energy they use, saving money and to helping tackle climate change. It will consider the UK government’s Green Deal and will ask whether energy reduction is the key to tackling fuel poverty. (The Scotsman Conferences)