Scottish Business Briefing - Wednesday 16 October

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.
Ann Gloag has agreed a deal to buy Manston Airport. Picture: TSPLAnn Gloag has agreed a deal to buy Manston Airport. Picture: TSPL
Ann Gloag has agreed a deal to buy Manston Airport. Picture: TSPL

MANAGEMENT

Stagecoach founder buys airport for £1

STAGECOACH co-founder Ann Gloag has agreed to pay £1 to buy Manston Airport in Kent from Infratil, its New Zealand owners who have also been trying to sell Prestwick Airport. (Herald)

ECONOMY

High streets see dip in sales in September

SCOTTISH retail sales were “subdued” in September after a strong summer, with like-for-like sales down 0.8% compared with the same month last year. (Herald)

ENERGY

Grangemouth oil refinery strike called off

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A PLANNED strike at the Grangemouth oil refinery has been called off even though peace talks failed to resolve a bitter row over a union convenor.

FOOD, DRINK & AGRICULTURE

Tennent’s to make craft beer in Glasgow

TENNENT’S lager-maker C&C Group yesterday unveiled a joint venture with Alloa-based craft brewer Williams Bros, marking its entry into Scotland’s thriving real ale market. (Scotsman)

RETAIL

Landlord anger at Optical Express restructuring

SCOTTISH opticians chain Optical Express has been rapped by a band of major landlords over a controversial restructuring move that they claim will cost them money. (Scotsman)

TRANSPORT & INDUSTRY

Galliford Try wins Scottish schools work

Galliford Try has been chosen to build two schools in Scotland in a contract worth almost £50 million. (Scotsman)

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