Rolls-Royce workers in Scotland have been told operations are “under review” as the company said this week it planned further cost-saving action when it unveiled a record half-year loss.
The plant at Inchinnan in Renfrewshire, which is the company’s second-largest civil aerospace facility in the UK behind its Derby base, will lose 450 of its 1,300 workers by the end of August with a further 165 job cuts expected by the end of the year.
A Scottish hotel group, which committed to fund its own furlough scheme before the Government version was unveiled in March, said this week it will continue the Eat Out to Help Out offer beyond its official expiry date, declaring the move will help it retain jobs.
Business leaders have called for a dedicated Eat Out to Help Out scheme for Aberdeen as the city strives to recover from the country’s first major local lockdown.
An underwear firm based in rural Perthshire has rebounded from lockdown with a surge in orders, a new product launch, and plans for bigger facilities and more staff to keep up with demand.
NEW: Existing building on landmark Portcullis House Glasgow city centre site to be demolished under buyer's plans | @ianmcconnellHT https://t.co/vITUzELDmh pic.twitter.com/V5ijvXPg98
— Herald Business (@_HeraldBusiness) August 28, 2020
The existing building on a landmark site in Glasgow which has been sold to build-to-rent developer Watkin Jones will be demolished as part of the buyer's plans to construct around 750 residential units.
Developers have hailed a “major milestone” in a groundbreaking windfarm project off the coast of Scotland. https://t.co/ZNAN2RGAZu
— HeraldScotland (@heraldscotland) August 29, 2020
Developers have hailed a “major milestone” in a groundbreaking windfarm project off the coast of Scotland.
North Sea-focused Ithaca Energy has rung the changes at the top, with industry veteran Bill Dunnett drafted in to succeed Les Thomas as chief executive.
Ian McConnell: Tory view of coronavirus aid evokes image of Oliver Twist
Scott Wright: Rising star Castore having to grow up in public at Rangers
Alison McRae: Balance of trust must be reached to restore custom to city businesses
Monday Interview: Travel boss happy to go back to his roots as staycations offer hope
SME Focus: Dundee refill shop helps chartered accountant reduce waste
And finally ... from the bulletin: Scottish brewing giant to plant one million trees at Loch Lomond | Tesco to create 16,000 jobs | £6m fund to help events sector
📊Business Bulletin:
— Herald Business (@_HeraldBusiness) August 24, 2020
📊Scottish brewing giant to plant one million trees at Loch Lomond
📊Tesco to create 16,000 jobs
📊£6m fund to help events sector
➡https://t.co/atIjxEcDQK pic.twitter.com/fLy8I6pj65
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