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Scotland

Response to Higgins

Ministers accused of failing to provide early fix for firms

Andrew McRae
Andrew McRae: ‘businesses are quickly running out of road’ The Scottish Government has been accused of producing long term plans to help the economy recover from the coronavirus pandemic whenRead More

New lockdown

More help ‘should be on offer’ to Aberdeen business

Aberdeen
Aberdeen is facing a ‘devastating blow’ Business leaders called for government at all levels to help smaller businesses and the self-employed affected by the new lockdown in Aberdeen. Andrew McRae,Read More

Brexit trade initiative

Port of Cromarty plans Brexit freeport trade zone

Port of Cromarty Firth
Port plan: ‘ideal location’ An ambitious initiative is being launched to create Scotland’s first Free Trade Zone, or freeport, which aims to secure a Brexit pipeline of work and jobs.Read More

Rescue deal for retailer

M&Co confirms closure of 47 stores in pre-pack deal

M&Co
The company will keep more than 200 stores open Scottish fashion retailer M&Co has confirmed that 47 stores will close and 380 jobs will be axed in a pre-pack administrationRead More

Station masterplan

Revamp plan for Waverley to help meet footfall forecast

Edinburgh Waverley plan
There are plans to open up the station concourse Scottish Transport Secretary Michael Matheson unveiled plans for redevelopment of Edinburgh Waverley station which is predicted to double its annual footfallRead More

Business Secretary backs research

Valneva hires 75 scientists at Livingston for Covid vaccine

Alok Sharma
Alok Sharma: visiting the Livingston plant A laboratory in Livingston will create a further 75 jobs for scientists producing a new coronavirus vaccine. It follows a multi-million-pound joint investment byRead More

Relocating from North Berwick

CleanTEC expands with new base in Edinburgh

John Ross of Cleantec
Strategy: John Ross Cleaning specialist CleanTEC is celebrating its 10th anniversary with the opening of a new headquarters in Edinburgh. The company has outgrown its base in North Berwick andRead More

Textile workers cut

Cashmere firm Johnston’s of Elgin reveals 88 job cuts

Johnston's of Elgin
Union reps are attempting to save jobs Johnstons of Elgin is expected to shed 88 jobs – 65 in Elgin and 23 in Hawick because of the impact of theRead More

Dividend held

Johnnie Walker giant Diageo sees profits fall by half

Diageo CEO Ivan Menezes
Ivan Menezes: ‘we are well-positioned to emerge dstronger’ (pic: Terry Murden) Drinks giant Diageo said operating profit plummeted almost by half as bars and restaurants closed around the world. ReportedRead More

Oil giant shifts focus

BP reinvents itself as dividend cut following loss

BP
BP aims to reduce oil reliance Oil giant BP unveiled plans to reinvent itself as an integrated energy company as it reported a loss and cut its dividend for theRead More