Scottish Business Briefing - Wednesday 23 January, 2013
ECONOMICS
Scottish surveys show recovery losing steam
SCOTTISH businesses are not expecting their prospects to improve any time soon, according to a raft of surveys pointing to sluggish activity (Scotsman).
ENERGY & UTILITIES
Cairn to drill off coast of Morocco
CAIRN Energy has said it plans to start exploration drilling off Morocco this year, in spite of the attack on an oil and gas installation in neighbouring Algeria in which six Britons are thought to have died (Herald).
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Scottish brewery lands Burns Night contract
A SCOTTISH brewery is raising a glass to the national bard after landing a deal to supply a national supermarket chain with two of its beers for Burns Night (Scotsman).
INDUSTRY
One in three builders say workers face axe this year
ONE in three small to medium-sized builders may be forced to axe more staff this year, according to a study that predicts a “bleak” outlook for the industry (Scotsman).
MANAGEMENT
Almost £1.5bn of deals in Aberdeen for Simmons
Simmons and Company International said yesterday its Aberdeen office completed nearly £1.5billion of deals in 2012, more than doubling the previous year’s total (P&J).
MEDIA & LEISURE
Travelodge targets Stirling with its latest budget hotel
TRAVELODGE has sealed a deal to build a 60-room hotel in Stirling as part of a larger city centre development that will include restaurant, shops and student accommodation (Scotsman).