Figures

EDINBURGH NAMED BEST BUSINESS CITY OUTSIDE LONDON

Business magazine Management Today recognises Edinburgh in-depth data analysis to rank the largest cities and towns outside of London on how attractive they are for business. It assessed 63 urban areas across 15 criteria including the scale of the private sector ecosystem, the strength of innovation, the number of high-growth businesses, access to a skilled […]

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OVO CEO ASKED TO EXPLAIN £40 MILLION PAYMENTS FOLLOWING JOB CUTS

The chief executive at Ovo Energy has been asked by MPs and unions to explain £40m of loans and cash transfers, after cutting hundreds of Scots jobs. Stephen Fitzpatrick’s company was given £17m in furlough payments after taking over  SSE’s retail division in January 2020. The Perth-headquartered business employs around 700 people, with bases in

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SCOTLAND LOSING INVESTMENT TO ENGLISH FREEPORTS

At least three industrial investments have been lost to Scotland because ministers did not agree to a UK government tax policy, it has been claimed. Conservative mayor of Tees Valley, Ben Houchen, said companies abandoned plans to locate in Scotland as the two governments did not reach a freeports deal. These enterprise zones offer a

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OIL AND GAS POLICY ‘PUTS THOUSANDS OF JOBS AT RISK’

Business leaders have written a joint open letter to party leaders calling for a “reasoned debate” over the future of oil and gas in the UK. The letter says any statements calling for an end to new exploration have shaken investor confidence, placing tens of thousands of jobs at risk. It warns politicians against creating

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