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Friday’s breaking business and political headlines

Today’s breaking news on the Daily Business website includes a potential merger of a logistics business… a new plan to cut broadband prices… a key boardroom hire for a Fife firm…and we were at the Scottish Legal Awards last night… see photos, report and list of winners

The best read item on the Daily Business website yesterday was our comment on the taxpayer subsidy for a Bermuda-based company (see below)

Stay ahead with updates throughout the day on PC, laptop, tablet and mobile

+ Merger: Edinburgh-based Menzies Distribution has today unveiled details of a proposed merger of its operations

+ Telecoms: The regulator has issued a new order on BT that should result in lower prices

+ Cloudy outlook: Iomart, the cloud computing firm has issued a pre-close statement. Here’s what it expects from its annual figures

+ Fitter hires: Fife shop and office fitter Havelock Europa has hired a CFO

+ U-turn: Economy Secretary Keith Brown has been accused of a humiliating u-turn over plans for the enterprise agencies.

+ Law / Awards: Lord McCluskey was last night recognised for his long career in the legal sector. We have photos and the full list of winners from the Scottish Legal Awards

Great Repeal Bill: David Davis offered assurances on Britain’s exit from the EU and refutes claims by Nicola Sturgeon about a ‘power grab‘ …but big questions remain

Chairman quits: An under pressure chairman has capitulated in the face of shareholder unrest

Law: A series of promotions, including two partners, at a Scottish law firm

Board hire: Bank veteran joins board of Business Stream

Sport – golf: A double tour winner is helping raise investment for Scottish golf

Sport / football sponsorship: A big national sponsor has pulled out 

Comment: More jobs for Glasgow – but why are Scottish taxpayers subsidising a Bermuda-based company valued at $4.8bn?
News announcement here: A financial services company is creating 300 jobs in Glasgow 

Latest appointments: Business Stream + Gillespie Macandrew + Anderson Strathern + Morton Fraser + Balfour & Manson + DM Hall + other latest hires and promotions

Pensions call: Royal London boss Phil Loney is urging government to make a key change to pensions provision + another strong set of results for the group

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