Scottish Business Briefing - Monday 20 February, 2012

A business hub is planned for the old Fountainbridge brewery site
A business hub is planned for the old Fountainbridge brewery site
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WELCOME to’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.


Taxpayer-backed banks braced for hits after PPI mis-selling pay-outs

PAY-outs for the mis-selling of payment protection insurance (PPI) are set to push Royal Bank of Scotland and Lloyds deep into the red this week, as the City seeks assurances that the worst of the financial crisis is over (|Scotsman|Scotsman}).

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‘Business hub’ plan on site of old Fountainbridge brewery

A MASSIVE expansion to Edinburgh’s financial district is set to be built on the site of Edinburgh’s historic Fountain Brewery – despite it being snapped up for a new school last year (Scotsman).

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Clansman Dynamics to unveil expansion strategy

Robotic handling equipment maker Clansman Dynamics is set to announce plans for further expansion after reporting soaring turnover since becoming employee-owned two years ago (BBC).

Construction sector fears another hard as nails year in prospect

Industry confidence in the embattled construction sector took a further hit today as a major survey of employers flagged low expectations for jobs and profits (Scotsman).

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Setting the Scottish skills standard for 2014 events

A SKILLS organisation is hoping to award charter marks for areas providing the best customer service in Scotland ahead of the 2014 Ryder Cup and Commonwealth Games (Herald).

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‘Troubled times’ for shops as customers fall

THE number of customers in Scottish stores plummeted compared to the rest of the UK, where shops enjoyed an unexpected rise, according to a new report that warns of “troubled times” ahead for Scotland (Scotsman).

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