The Scottish economy grew by 0.2% during the third quarter of last year, according to the latest figures released by the Scottish Government.
An increase in gross domestic product (GDP) is the main indicator of economic growth in Scotland.
The latest GDP figures covering the period July to September 2017, show that the Scottish economy grew by 0.2% in real terms compared to the previous three months. Compared to the same period in 2016, the Scottish economy grew by 0.6%
Between July and September 2017, output in the Services sector grew by 0.2%, while output in Production (manufacturing, utilities and mining) was up by 1.2%. However, Construction was down for a seventh quarter in a row, with a 2.9% fall.
GDP per person in Scotland was flat in real terms (0.0%) during the third quarter of 2017, compared to an increase of 0.1% in the UK a a whole.
A detailed analysis of the figures can be found on the Scottish Government website.
The 2018 Living Wage Champion Awards are now open for applications.
The Awards celebrate the businesses and individuals who have made a contribution to the Living Wage movement.
All accredited Living Wage Employers, Recognised Service Providers and individuals who have gone above and beyond to promote the real Living Wage are invited to apply.
The deadline for entries is 20 February 2018 – click to see the award categories and submit your entry.
A small or medium sized enterprise? Don’t miss out on the grants available for the implementation of waste prevention measures from Zero Waste Scotland.
A whole range of waste prevention projects are eligible for funding from Zero Waste Scotland’s Waste Prevention Implementation Fund – from the purchase of new recycling bins to the procurement of more efficient manufacturing equipment.
Click for more information about the grants and how to apply.
Phase 3 Connectors in Glenrothes has secured a £1 million contract to provide power connectors to one of the largest electricity and water authorities in the United Arab Emirates.
The company, which produces industrial connectors for power generation, cable assembly and events, is hoping that winning this new contract will lead to further interest in its products in the Middle East.
The firm was bought out from administration by its current owners in 2015 and last year saw sales increase from £2 million to £3.3 million.
“Previously Phase 3 had focused solely on supplying the entertainment industry but we’ve consciously widened our reach, as any sector that requires power generation will need the connectors we produce – from hospitals to power stations, sports ground to the military,” company director Andy Glachan explained.
“When we first looked at buying the company we approached Business Gateway Fife to tap into its local knowledge and find out what support was available to us. Our adviser opened a lot of doors for us. He helped us secure 50% funding from the Fife Investment Fund to build a new website which was an instant success, providing us with a professional shop window.
“His input also helped us successfully apply for a £180,000 Regional Selective Assistance grant.”
Click to read the full story.
For information on the support available from Business Gateway Fife, visit www.businessgatewayfife.com or call 01592 858333.
Fife Council is preparing a new 10 year waste strategy and action plan for Fife.
To reflect the move towards a circular economy and waste being viewed as a resource rather than something to throw away, the new documents will be called the ‘Resource Strategy and Action Plan for Fife.’
The less waste is produced, the fewer carbon emissions are emitted and more money is saved that can be better used for jobs, services and investing in communities.
Your comments and ideas on how to best reduce waste and repair, recycle and reuse items are invited.
Click to take part in the online survey.
A planning application has been submitted to Fife Council on behalf of Dumbarnie Golf Links Limited by planning consultancy PPCA Ltd for an 18-hole course at Dumbarnie Links overlooking Largo Bay.
The £11 million golf course would have a clubhouse, restaurant, bar and professional shop, with the potential to create 30 full-time jobs and 10 seasonal part-time jobs, as well as work for 90 caddies.
Read the full article here.
eCom were delighted to host a round table discussion ‘Building a workforce for the future’ supported by the Bank of England’s Agent for Scotland, William Dowson at our HQ recently.
There was some interesting debate amongst key Scottish business leaders, guided by chair, Douglas Mundie, Managing Director, Saltire Business Solutions Ltd. The event was structured around the following three key themes:
- Businesses mood pre and post Brexit, how the current geopolitics impact and influence current day thinking on local national and international businesses and economies. Can Brexit offer the possibility for Scotland and the UK to seek a new role as a world pioneer for innovation?
- How can Learning Technologies impact on productivity gain?
- Learning Technologies as positive disruptor –disrupting the workforce of the future through technology – that puts the “human” back in human capital
A key theme was to use technology not only to help manage change through efficiency but seeking to revolutionise business processes too. Attendees also considered the use of Learning Technologies to develop and retain skills, including effective knowledge transfer from experienced staff and aligning that with succession planning.
William Dowson, Bank of England’s Agent for Scotland, said, “It was a pleasure to be at the eCom round table and to be involved in the discussion of issues that are front of mind for business leaders today. It’s important for companies to maximise opportunities for productivity gains and the use of learning technologies certainly can help achieve this.”
Linda Steedman, eCom CEO said, “It was great to host this round table and to hear business leaders discuss how they use learning technology to increase efficiency and facilitate knowledge transfer. We are very grateful to William Dowson and Douglas Mundie for their support and we look forward to future round table events at eCom.
KINGSBARNS DISTILLERY WELCOMES NEW VISITOR CENTRE DEVELOPMENT MANAGER
Kingsbarns Distillery is delighted to welcome Scott Robertson into the position of Visitor Centre Development Manager.
Scott joined his local Distillery at the end of last year and is enjoying the getting to know his new team and making plans for the coming months. Scott has previously worked at Blair Castle and Atholl Estates, VisitScotland and the Fairmont Hotel, so is well placed to take on this exciting role.
William Wemyss, Managing Director at Kingsbarns Distillery: “We are delighted to welcome Scott to the Visitor Centre team. We have been open for just over two years and I am sure that we will benefit from Scott’s hospitality and tourism experience for the new season and beyond.”
The first Single Malt from Kingsbarns Distillery will be exclusively available to members of its Founders’ Club in mid 2018, with a more widely available release expected to follow later in 2018.