Scottish Business Briefing - Friday 23 March, 2012
ENERGY & UTILITIES
Two North Sea oil firms reporting results yesterday hailed the tax breaks announced in the Budget, saying they make exploration more attractive and finds more profitable. (Scotsman)
FOOD, DRINK & AGRICULTURE
Fining salmon farmers ‘to cost 1,000 jobs’
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Hide AdCONTROVERSIAL plans to impose heavy on-the-spot fines on Scotland’s salmon farmers for minor breaches of rules could lead to nearly 1,000 job losses and lose the sector £100 million, industry leaders have warned. (Scotsman)
e-BUSINESS
Review of contract law prompted by online shopping rise
The rapid rise in shopping online - and the use of electronic media - has prompted a major review of contract law in Scotland. (BBC)
MEDIA & LEISURE
Nevis Range bosses plan busy summer programme
Bosses at Nevis Range are looking to a busy summer programme to lift the gloom after a disappointing ski season. (Press and Journal)
RETAIL
Shops’ record worst performance in nine months
THE embattled retail sector has taken a further hit, with official data revealing its worst performance in nine months in February – coupled with a late downgrade of January’s unexpectedly positive figures. (Scotsman)
TECHNOLOGY
Drug giant Glaxo creates 100 jobs with £100m Scottish investment
THE decision by drugs giant GlaxoSmithKline (GSK) to pump £100 million into its Scottish facilities and create a further 100 high-quality jobs could attract other pharmaceuticals makers to Scotland, experts yesterday. (Scotsman)