Scottish Business Briefing - Tuesday 12 June, 2012
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 & INVESTMENT
Braveheart wins East Midlands universities contract
Braveheart, the Perth-based investment management firm, has won a contract to run a £10.25 million seed fund for spin out companies from eight universities in the East Midlands (Scotsman).
ECONOMICS
Scottish job prospects ‘bleaker’
Employers in Scotland are growing increasingly pessimistic about job prospects, according to a survey by the recruitment company, Manpower (BBC).
ENERGY & UTILITIES
‘Wind of change could help to wipe out UK’s trade deficit’
THE economic payback from the offshore wind industry could see it wipe out most of the UK’s current trade gap by 2030, a report today claims. The Centre for Economics & Business Research argues that a more-aggressive approach to investing in the sector could reap rewards (Scotsman).
Energy sector ‘to drive rise’ in deal-making
The north-east energy industry will drive a rise in mergers and acquisitions (M&A) activity throughout Scotland over the coming year, according to a new survey (P&J).
FOOD, DRINK & AGRICULTURE
Drambuie expecting growth
THE chief executive of Drambuie is still expecting to post growth in the company’s current financial year even although sales to Greece have continued to fall (Herald).
TECHNOLOGY
EU’s £6.7m is last piece of jigsaw in university’s technology tower
Strathclyde University has secured European funding for its flagship Technology & Innovation Centre and appointed a developer to build the £89 million facility (Scotsman).