Scottish Business Briefing - Wednesday 20 February, 2013

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

EU gender rule change drives insurance sales

A DEADLINE for an EU directive banning gender discrimination by insurers caused a “huge” 23 per cent boost in sales for two Scottish protection specialists (Scotsman).

ENERGY & UTILITIES

Aberdeen oil and gas firm PD&MS secures BP contract

An Aberdeen oil and gas engineering firm has secured a contract with industry giant BP thought to potentially be worth millions of pounds (BBC).

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MANAGEMENT

Jim McColl wades into North Sea after buying US oil services outfit

Engineering tycoon Jim McColl will mark his return to the North Sea’s oil and gas industry today when he unveils the takeover of an American energy services firm along with his ambitious expansion plans (Scotsman).

MEDIA & LEISURE

STV trims debt pile as profits rise 3%

Broadcaster STV today said it remained focused on reducing its debt pile as it reported a 3 per cent rise in annual profits (Scotsman).

TECHNOLOGY

Call centre boss hails new French owner

SCOTTISH call centre company HEROtsc, which employs about 3000 people north of the Border, has been sold by its Indian owner to Paris-headquartered Webhelp Group in a deal expected to create more jobs (Herald).

TRANSPORT

Pendragon shareholders to get first dividend for five years

Britain’s largest car dealer has vowed to resume dividend payments for the first time since 2008 after unveiling an 18 per cent rise in annual profits (Scotsman).

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