Bifab hits back at Scottish government’s investment claims

The contract in dispute, which is now expected to go elsewhere, would be to build eight platforms or jackets for a 54-turbine wind farm off the coast of Fife, being developed by EDF and Saipem at a cost of nearly £2bn.

Public spending figures show benefits of Scotland being in union, say Tories – Evening Express

The Scottish Conservatives have claimed figures showing per capita public spending in Scotland is almost £1,700 higher than the UK average show the “tremendous” benefits of the Treasury’s support. Data on public spending levels in Scotland, Wales, Northern Ireland and the nine English regions was released by the Treasury on Wednesday, covering the 2019-20 year.

Nicola Sturgeon launches new SNP Scottish Bank to help ‘rebuild’ country after COVID-19

Sign up for FREE now and never miss the top politics stories again. We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Nicola Sturgeon will launch Scotland’s National Investment Bank which will use £2billion of Scottish Government funding over its first decade to invest in businesses and projects.

Scotland would be ‘impoverished’ by independence claims UK Trade Minister

Scottish independence poses a greater threat to businesses in Scotland than “any friction” caused by Brexit, a Tory trade minister claimed. Conservative frontbencher Graham Stuart told MPs Scotttish workers would be “impoverished” without the United Kingdom. Stuart said that independence would result in a “loss of opportunity” and that Scottish companies complain to him about the “relentless pursuit of Scottish independence”.

Brown: SNP must ‘come clean’ about independence economics as Blackford vows poll next year

FORMER Prime Minister Gordon Brown has said the country needs “time to heal” rather than rushing in to another “divisive” referendum. Speaking on the Andrew Marr show this morning, Mr Brown added that the SNP must “come clean” about what the impact of the economic crisis from the pandemic would mean if Scotland was independent, and said that the debate over the constitution is now not just a “Scottish problem” but is spreading across the UK.

Scottish nationalists’ love of North Sea oil sours

Press play to listen to this article GLASGOW – The Scottish National Party (SNP) burst onto the British political scene in the early 1970s campaigning under the punchy separatist slogan of ” It’s Scotland’s Oil” – a reference to the vast reservoirs of oil and gas recently discovered beneath the North Sea waters around Aberdeenshire.

Would you really put yourself ‘in for a penny….’?

IF ONE THING has bedevilled the SNP’s Scexit campaign, it is the currency issue. Losing the pound Sterling was one of the greatest concerns in 2014 among those who voted No to leaving the UK. Since then, various groups or individuals in the SNP have been trying to navigate round this obstacle to the credibility of the secessionist cause.

SNP accused of ‘betrayal of workers’ amid stuttering Scottish Growth Scheme

THE SCOTTISH Government has been accused of “a betrayal of workers” amid claims a business growth scheme has only handed out around half of the promised amount to traders. In 2016, ministers launched the Scottish Growth Scheme worth £500 million to businesses – but new data has revealed only £273 million has been unlocked so far.

Scottish economy suffers renewed downturn

By Ian McConnell THE Scottish private sector economy recorded a renewed downturn in October, with output falling sharply, and the pace of job-shedding accelerated to its fastest since July, a key survey shows.

At least one in five Scots not working as fears grow over mass unemployment as furlough scheme ends

AT LEAST one in five Scots is currently either jobless or on furlough, leading to fears that Scotland is on the brink of mass unemployment and extreme poverty as the job retention scheme ends today. New figures reveal that the number of company insolvencies during lockdown has dramatically dropped – with firm propped up by government schemes.

Aberdeen hardest-hit city in UK as new figures show job vacancies down 75% – Evening Express

Aberdeen has seen the biggest fall in job vacancies in the whole of the UK in the past 12 months, according to a new study. Research by Centre for Cities and global job site Indeed analysed the economic impact that coronavirus restrictions have had in all cities and large towns across Scotland and England to date.

Opinion: Struan Stevenson: The SNP is bad for business

THE SNP Government is clueless when it comes to business. Their leftist ‘public sector good/private sector bad’ agenda and obsession with independence is undermining Scotland’s economy and costing jobs at a time when we desperately need to stimulate growth. The problem is easily uncovered; there is hardly a member of the SNP cabinet that has ever had any real business experience.

Hospitality crisis: Lord Haughey takes aim at government ministers over pub closure stance

EXCLUSIVE By Scott Wright LORD Willie Haughey, the high-profile Glasgow entrepreneur, has questioned why central belt pubs have been told to shut their doors while Scottish universities, which have seen major outbreaks of coronavirus, remain open. The Labour peer and owner of City Facilities Management Holdings acknowledged that dealing with Covid-19 is a “no-win situation” for Nicola Sturgeon and Boris Johnson.

Covid rules cripple country sports businesses

COUNTRY sports tourism businesses have hit out at the Scottish Government’s decision to impose a single household restriction on self-catering accommodation, as tens of thousands of pounds worth of cancellations have hit businesses.

Business leaders at pandemic breaking point with politicians

It would be easy and not entirely inaccurate to cast attempts so far to control the Covid-19 pandemic in the terms of a zero-sum game in which any gains made by saving people from the virus have been offset by losses to other health ills, as well as the cost to the economy, civil liberties and our collective sanity.

Scotland’s economy facing ‘winter of risk’ – Scottish Chambers of Commerce warning

Publishing its latest quarterly economic indicator, the Scottish Chambers of Commerce (SCC) said the outlook was looking “grim in all sectors”, particularly for businesses in retail and tourism. The bleak forecast comes despite signs of fragile confidence emerging in some areas of business over the summer.

Scottish Water bills set to soar to pay for £1bn improvements and climate pledge

SCOTS are set to see water bills soar above inflation for the next six years to pay for £1 billion of extra improvements to creaky Victorian infrastructure. The Water Industry Commission for Scotland (WICS) has admitted that “bills have to go up” by two per cent above inflation each year up to 2027in order to improve water systems across Scotland and meet climate change targets,.

‘ unreal’ – Scots celebrity chef considers the future while hitting out over Central Belt hospitality shutdown

SCOTS TV chef Nick Nairn has lashed out over the shutdown of large parts of the nation’s hospitality sector after revealing the coronavirus lockdown had already left his business on “life support”.

Scotland facing £309m finance blackhole despite rise in tax receipts

The latest report by HMRC on how much Scotland raised in income tax in the financial year 2018-19, found that revenues totalled £11,556m – rather than the £12,177 forecast by the Scottish Fiscal Commission. However, the fiscal framework agreed between the Scottish and UK government, has seen the deficit reduced to £309m.

Protest set for Glasgow today as fears mount over huge Scots council tax rises to fill ‘£1bn funding black hole’

UNION representatives are to mount a protest over cuts to jobs and services in Glasgow – as fears mount over huge council tax rises to fill Scotland’s funding black hole. The union Unite say the demonstration raises concerns over cuts of around £500m over the past decade that have meant job losses and service cuts while there are fears more are on the cards due to the Covid-19 pandemic.

Nicola Sturgeon humiliated: SNP’s currency plan ridiculed by top economist

var brightcoveBrandsafety = ‘2 Distressing news – passed for ad targeting’;Ahead of Scotland’s 2014 independence referendum, the Scottish National Party (SNP) tried to reassure voters by citing a resurgent economy, a relatively modest budget deficit and the prospect of free trade with both the UK and the EU.

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