Scottish Business Briefing – July 19th 2011
BANKING & INSURANCE
Bostock quits RBS as banks warned sale could be delayed
ROYAL Bank of Scotland was left reeling last night by the resignation of one of its senior executives, Nathan Bostock, who has quit to join Lloyds Banking Group. (Scotsman)
Thorburn is keeping his powder dry over Lloyds branch sell-off
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Hide AdCLYDESDALE chief executive David Thorburn yesterday side-stepped questions over the sale of Lloyds assets and insisted the bank was able to grow organically. (Scotsman)
Read all today's banking news from scotsman.com
INDUSTRY
Fresh moves to save 249 Southern Cross homes
Southern Cross' biggest landlord yesterday announced plans to rescue 249 care homes with a new company led by a former boss of the Priory clinics. (Scotsman)
Read all today's industry news from scotsman.com
TECHNOLOGY
Ex-Simclar director in court row over house
THE former finance director of Simclar Group is being prevented from selling the home he has put on the market for almost 1 million amid the fallout from the legal battle with liquidators of its Ayrshire business. (Herald)
Angel confident despite share fall on training costs
SHARES in Edinburgh-based Angel Biotechnology fell 5 per cent yesterday after the cost of training staff for a new manufacturing facility near Newcastle pushed the Aim-quoted life sciences firm back into the red. (Scotsman)
Read all today's technology news from scotsman.com
TRANSPORT
BAA loses final Competition Commission sell-off ruling
Airport operator BAA must sell Stansted and either Glasgow or Edinburgh airports, the Competition Commission has said in its final ruling. (BBC)
Read all today's transport news from scotsman.com