Needing to catch up on this past week's Scottish business news? Look no further...

A 120-seater restaurant will open this week in Silverburn shopping centre at Pollok in Glasgow next week.

Erina’s Kitchen will be opened on September 16 by Usman Qureshi and wife Shafea Qureshi.

They are also the owners of the Fun Street children’s entertainment complex, within which Erina’s Kitchen will be located. Fun Street is due to open in coming weeks.

The restaurant’s all-day menu has been developed by head chef Stephen Pohler, who has held senior roles in hotel kitchens in Glasgow including those at the Radisson Red and Hilton Garden Inn.

HeraldScotland:

AN Aberdeen subsea engineering firm has been acquired by its management in a deal that signals confidence in the long term prospects for the North Sea.

A team led by Matt Blair acquired the J&S Subsea operation from the Cohort defence technology business, for an undisclosed sum.

J&S supplies and maintains control systems and related equipment used by oil and gas firms in the North Sea. Clients include Total and CNR.

The management buyout has been completed amid challenging times in the North Sea oil services market. However, the company said it expects to increase its engineering and employee numbers in the coming months.

HeraldScotland:

SCOTLAND’S biggest local authority has revealed plans to introduce fees for pre-application planning advice for the first time.

Glasgow City Council (GCC) said the proposals to charge for the advice, which until now has been given free by its planning officials to developers and agents to help them prepare planning applications, will bring it into line with a growing number of local authorities across Scotland.

It is understood that 12 of Scotland’s 32 local authorities now charge for the advice, some of which have been doing so since 2005, with Edinburgh and Stirling among the most recent additions.

The Glasgow authority’s city administration committee is scheduled to consider a report on the proposal on September 17.

HeraldScotland:

Fast fashion retailer Quiz is set to close a further fifth of its bricks-and-mortar stores for good after sales during the five months to the end of August crashed by 77 per cent amid the coronavirus pandemic.

Following a pre-pack administration in June that resulted in the closure of 11 stores and more than 90 job losses, AIM-listed Quiz said last week that it intends to close around 15 more outlets. It has confirmed the sites of 11 of the new store closures, one of which is in Scotland.

A spokesman for the company said Quiz averages about six employees per shop, implying a further 90 job losses if the full lot of 15 closures takes place.

Contractor AC Whyte will deliver a £5 million roof and render works programme to upgrade more than 490 homes in East Ayrshire by September next year.

Family-owned AC Whyte, based at Barrhead in East Renfrewshire, was awarded the contract by East Ayrshire Council with a view to beginning the work on the homes in Kilmaurs, Logan and Dalrymple in March.

LLOYDS Banking Group (LBG) has announced plans for 865 job cuts which look likely to take a toll on its Scottish Widows operation.

The group, which also owns Bank of Scotland, said the cuts mainly related to existing plans to simplify its business that were put on pause as a result of the coronavirus crisis.

Lloyds did not provide details of how the job cuts will affect different geographic areas. However, it is understood that the main business areas impacted will be insurance and wealth.

Ian McConnell: Opinion: How on earth does overseas travel take off amid pandemic? Does TUI refunds and quarantine stance point to answers?

Scott Wright: Opinion: Why winter is looking increasingly bleak for the Scottish licensed trade

Mark Williamson: Opinion: Are energy firms doing their bit to fuel green recovery?

SME Focus: Craft brewery sees online sales soar amid coronavirus lockdown

Monday Interview: Scotch beef firm aims to be big in Japan as Brexit looms

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