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Scotland facing further A 200m a year cut to help Chancellor balance the books, warns think-tank

2016-03-16 10:24:32| Oil & Gas - Topix.net

Red box: IPPR think-tank warns that Scotland could face further A 200m a year cut to help Chancellor balance Britain's books GEORGE Osborne's new spending cuts could cost Scotland A 200 million a year, a think-tank has warned, as Labour urged the Chancellor to "stop his race to cut to the bone" and the Scottish Government demanded immediate help for the beleaguered North Sea oil and gas industry. But the Treasury pointed out how Mr Osborne will use his eighth Budget today to unveil a A 1.5 billion package of additional funding for education in England, which will mean extra money for Edinburgh; estimated to be A 150m on this one issue alone.

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Rising consumer confidence produces rise in new car purchases by private buyers in Scotland

2016-03-04 21:11:25| Auto Dealers - Topix.net

THE Scottish motor trade believe consumer confidence is returning after it emerged the number of private buyers of new cars has risen by 12.7 per cent with 5,848 vehicles registered in February. It means that 64 per cent of new car sales in is now attributed to ordinary consumers - the highest it has been for many years.

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UK GIB and Equitix to invest in district heating scheme expansion in Scotland

2016-03-03 01:00:00| Power Technology

The UK Green Investment Bank (GIB) and Equitix have committed to investing 10m for the expansion of a 3.5MW combined heat and power (CHP) plant and associated district heating scheme in Scotland.

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Royal Bank of Scotland posts 2bn loss

2016-02-26 08:30:36| BBC News | Business | UK Edition

Royal Bank of Scotland reports a loss of 1.98bn for 2015, its eighth year of annual losses.

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GSK underlines commitment to manufacturing in Scotland in 'near and distant future'

2016-02-23 13:57:36| Biotech - Topix.net

PHARMACEUTICALS giant GlaxoSmithKline is creating 55 jobs through a A 70 million extension of its antibiotics plant at Irvine in North Ayrshire. GSK employs 399 people at the Irvine plant.

Tags: future manufacturing commitment scotland

 

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