Scottish Business Briefing - Thursday 17 October
FINANCE
RBS add £150m to tourism companies’ loan pot
ROYAL Bank of Scotland has doubled its loan fund aimed at small firms in the leisure sector to £300 million after it attracted “incredible interest”. (Scotsman
MANAGEMENT
Cleaning specialist CSG expands with PM deal
OFFICE cleaning specialist CSG has bought fellow Aberdeen-based company PM Property Maintenance for an undisclosed sum. (Herald)
ECONOMY
Chambers calls Holyrood’s business support review
Advertisement
Hide AdAdvertisement
Hide AdSCOTLAND’S economic recovery remains “fragile” and ministers should launch a “comprehensive review” of all the public sector support offered to companies to make sure it is effective, according to the Scottish Chambers’ of Commerce (SCC).
(Scotsman)
ENERGY
Cairn poised for major drilling drive
Cairn Energy is about to start a year-long exploration drilling programme as it searches for oil along the Atlantic margin.
RETAIL
Profits race ahead at Vertu Motors
Car dealer Vertu Motors is poised to expand its Scottish business after the strengthening economy helped profits jump by two thirds over the summer.
(Scotsman)
MEDIA, TECH & LEISURE
Digital publisher eyes dividend
Digital publisher Future said it was on course to deliver a dividend for the first time since 2011, as it announced that results to the end of September will meet market expectations. (Herald)