Economy

PROFESSOR LEITCH HINTS AT TOUGHER COVID MEASURES

Senior officials have suggested Scotland could face tougher Covid-19 restrictions around the new year. Prof Jason Leitch said it was better to “act harder” and “early” while Scotland Office minister Iain Stewart said “big decisions” may need to be made. However, the first minister said she had no plans to recall Holyrood to discuss further […]

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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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TECH ROLES TOP LIST OF 2021 SALARY INCREASES

Hays Technology has formed a strategic partnership with FinTech Scotland, the cluster management organisation which enables collaborative innovation in the financial services sector. The move is aimed at ensuring a healthy pipeline of tech talent. New research shows that nine of the top 20 salary increases in Scotland for 2021 are related to the fintech

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FUNDING ASSISTS HEAVY DUTY VEHICLES TO REACH ZERO EMISSION TARGET

Businesses across Scotland will receive a share of £720,000 to support the decarbonisation of heavy duty vehicles. Successful projects include Alexander Dennis, and Logan Energy. Head of Low Carbon Transition for Scottish Enterprise Andy McDonald said: “The zero emission heavy duty vehicles projects will provide support for businesses to innovate in this transport space whilst

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REPORT HIGHLIGHTS ANXIETIES OVER DATA-LED SUCCESS

Technology company AND Digital, yesterday launched its Fuelling Growth in an Age of Data report which explores the changing attitudes among business leaders to data driven growth.  Part of the report’s research was conducted with business decision makers from Glasgow.  It found that nearly three quarters (74%) of business leaders in the city have experienced anxiety over challenges

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SCOTS UNIVERSITIES FEATURE IN BUSINESS LEAGUE TABLES

New research, published by one of the UK’s leading business financial platforms Tide, has revealed which universities have produced the most graduate start-up businesses, including sole traders, since 2014/15. The highest ranked Scottish university in the top 50 is Edinburgh Napier at number 21 with 300 graduate start-ups.  The only other Scottish university in the

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SCOTLAND TO BENEFIT FROM CARBON CAPTURE

A report has set out the potential economic benefits of adopting Carbon Capture, Utilisation and Storage (CCUS) in Scotland and highlights how the technology, infrastructure, and skills available could make a significant contribution to the Scottish economy. Scottish Enterprise and the Scottish Government commissioned Element Energy to lead the ‘CCUS economics impacts study – delivering

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