Scottish Business Briefing - Tuesday 8 October

Cineworld will sell the Belmont in Aberdeen after a competition ruling. Picture: Comp
Cineworld will sell the Belmont in Aberdeen after a competition ruling. Picture: Comp
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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.


GVA buys rival to boost turnaround

Property agency GVA has bought rival James Barr in a move it says makes it the third largest firm in the Scottish commercial sector. (Scotsman)

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Grassmarket business plea rejected by government

The Scottish Government has dealt a blow to campaigners seeking to overturn a vote on a business improvement district (Bid) they claim was flawed. (Scotsman)

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Cala plans to double in size as profit soars

Housebuilder Cala, which recently changed hands in a £214 million deal, today unveiled record profits and said it is seeking to double in size in the next four years. (Scotsman)

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Albion making progress despite tough market

ALBION Automotive, the US owned axle-maker which is based in Glasgow, said it has been making progress amid challenging conditions and highlighted its Scottish engineering heritage. (Herald)

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Cineworld to sell Belmont cinema in Aberdeen

Cinema operator Cineworld today said it was “reluctantly” selling its Belmont venue in Aberdeen, along with another art-house site in Bury St Edmunds, following a ruling by the competition watchdog. (Scotsman)

Pubs and clubs group G1 hails year of success

GLASGOW leisure magnate Stefan King’s G1 Group lifted operating profits by 19% last year as acquisitions and new developments kicked in. (Herald)

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