Scottish Business Briefing – Friday, April 26
BANKING
RBS ‘customer first’ plan to rebuild reputation
ROYAL Bank of Scotland is to appoint a managing director for its Scottish retail business in a move aimed at rebuilding the brand’s damaged image with its customers
ENERGY & UTILITIES
£15m fund to help develop foundations
A £15million fund has been set up to help develop foundations for deepwater wind turbines in Scotland.
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Scotch whisky sales in China see decline
FRENCH drinks giant Pernod Ricard has stuck with its full-year profits forecast despite posting a weaker-than-expected third-quarter update.
INDUSTRY
Housebuilder says Scottish scheme yet to make mark
Builder Taylor Wimpey has claimed UK government schemes to help homebuyers south of the Border are driving a pick up in activity, but Scotland is lagging behind.
MANAGEMENT
Kames secures £85m fund
KAMES Capital has been awarded an £85 million indirect property mandate by the £1 billion Kelda group pension plan, advised by Hymans Robertson.
RETAIL
Menzies cargo workers threaten strike action over pay
STRIKE action has been threatened by the union representing cargo staff employed by John Menzies at Heathrow Airport, raising the prospect of disruption to the Edinburgh-based company’s international freight activities out of London.
SCOTSMAN CONFERENCE
Defence Policy: Protecting Scotland and Preserving Jobs – 14 June, Edinburgh Book today and secure 20% early bird discount at this unmissable event. Ends 30 April. Top
speakers including Angus Robertson MP; Jim Murphy MP and Prof Hew Strachan of Oxford University will debate the big issues facing the defence industry today.