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Monday, 12 October, 2026
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  • GE Aerospace

    GE Aerospace unveils £63m Prestwick expansion

  • Anatomy theatre Summerhall

    Plea to ‘repair not demolish’ Summerhall spaces

  • New centre for brewing and distilling at Heriot Watt

    Brewing & distilling research at risk without new centre

  • The Macallan 1926 (Sotheby's)

    Holy grail of whiskies sells for £2.1 million

  • Ian Ritchie

    Benefits flow from a joined up nation

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    Interview: Mary Ann Smith, coach and CEO

  • Terry Murden

    Time for PM to be pragmatic on North Sea

  • Liam Hirt of Circumstance

    Call for single malt review from English distillery

  • Chris Clark of John Clark Motor Group

    John Clark profits fall for third year in a row

  • RBS purple exterior

    RBS unveils latest lounge-style branch banking



Energy

More wells scheduled

Oil and gas activity rises amid slow recovery

'Hot topic' at renewables conference

Sturgeon’s energy plans fuel debate at green event

The Scottish Government is teaming up with the CBI to boost Scotland’s exports, the First Minister has announced. CBI Scotland will mobilise its membership to help deliver 300 business peer-to-peer mentorships over the next three years to increase awareness of the benefit of exporting and help ramp-up overseas activity. These measures are part of a package backed by £20 million investment announced as part of the Programme for Government, unveiled this week by the First Minister, and come as the latest statistics show Scottish exports of goods increased 7% to £28.8 billion over the past year to June 2018 – the fastest rate of growth of any country in the UK. CBI Scotland and the Scottish Government will also host a major business conference on exporting at the end of November to encourage companies to enter international markets. Speaking at the CBI Scotland annual dinner, First Minister Nicola Sturgeon said: “Over the past year, our goods exports increased by 7% – the fastest rate of growth of any country in the UK. We are determined to work with business and business organisations to unlock more opportunities to increase exports. “CBI Scotland is an important voice for businesses across the country, and an important critical friend and partner to the Scottish Government – so its help is vital. “Together with our other partner organisations, we will work with CBI, whose membership includes some of Scotland’s most successful exporters, to play a key role in identifying export champions to work with our ambitious small and medium enterprises who are at the start of their export journey. “We hope to create 100 new business to business mentorships each year - helping new exporters learn from experienced ones.” Tracy Black, CBI Scotland director said: “By making this commitment to help those who already export but want to do more, we’re sending a clear signal about reviving Scotland’s historic reputation for global trade and staking our claim in the global economy. “In last year’s Pursuing Prosperity report, we identified improving exporting as one of the key drivers for boosting productivity across Scotland. Business can’t achieve that alone – we need real partnership with government to achieve our ambitions and today’s announcement marks an important first step in that journey.” Welcoming the increase in exports, Cabinet Secretary for Finance, Economy and Fair Work Derek Mackay said: "Today's figures are again positive for Scotland, clearly showing strong export growth across a range of areas. "The value of Scotland's annual goods exports increased by 7% (£1.9 billion) to £28.8 billion. This was a higher growth rate than the overall UK figure of 5% and the highest percentage increase of any UK country. "This increase in Scottish goods exports was driven by increased exports of goods to the EU, up 18% (£2.3 billion) to £14.9 billion, and more specifically exports of oil and gas, up 29% (£1.6 billion) from £5.4 billion to £7.0 billion. Total UK exports to the EU increased by 7%. "The Scottish Government continues to do everything in our power to support the Scottish economy and grow exports further, in spite of the uncertainty caused by Brexit. An Export Growth Plan will see £20 million invested in a range of measures, including support for 150 businesses to increase overseas activity."

Blow to Scottish renewables

Failed turbine manufacturer blames subsidy cuts

£2.5m awarded

Ecosse Subsea Systems ready for take-off

Michael Cowie

New milestone for oil firm

Plexus seals £1.4m wellhead sale to Russian partner

Ben Van Bilderbeck

Group sees 'real momentum'

Surge in profits as BP hits exploration high

Bob Dudley

Boost for north east economy

BP reveals oil and gas discoveries in North Sea

BP rig pic from company

Sector defies fall in investment

Record growth for renewable energy

Turbines project puts £15.6m into community

Guide to new commitments

How Clean Growth Strategy affects business

Queens Quay energy centre
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