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Rugby chief tackles new role at Scottish Friendly

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Hello and welcome to our daily digest of business, financial and economic news from around Scotland.

John McGuigan has held a number of senior roles and is also the chairman at Scottish Financial Enterprise

DAVID GIBSON/FOTOSPORT/SHUTTERSTOCK/REX

1. The chairman of Scottish Rugby is to head the board at Scottish Friendly, the mutual.

John McGuigan joins the financial services provider as its new chairman, taking over from David Huntley.

McGuigan, 63, previously held senior roles at Phoenix Group, Telefónica and NHS24. Along with his role at Scottish Rugby he is also the chairman at Scottish Financial Enterprise, the trade body.

McGuigan said: “Scottish Friendly has a bright future ahead and I am excited to be part of that.”

2. Scotland’s economy has contracted as output from the services sector declined sharply, official data has shown. Onshore gross domestic product was down 0.3 per cent in February,

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