Scottish

Scottish Enterprise funding guarantees to produce or safeguard 9,000 careers

Scottish Company is to approve funding for up to 160 company initiatives that need to develop or safeguard extra than 9,000 jobs.



a person posing for the camera


© Linda Hanna, interim chief govt at Scottish Organization. Photo: Paul Devlin


Collectively, the initiatives currently being backed just before the close of the fiscal 12 months have the prospective to unlock up to £500 million of financial investment by corporations into Scotland’s economic system.

The economic advancement agency mentioned it would lead up to £140m to the tasks more than the next two-to-three many years. The bulk of the awards will be made to domestic organizations, with the relaxation securing new inward financial commitment.

The organisation has now authorised substantial grant aid for some 90 tasks this monetary calendar year. Significant grant expenditure is envisioned to top rated £60m by the finish of March.

Tasks will be contracted involving December and March, with a entire checklist of

Scottish blow as Jaeger closes 13 merchants and axes more than 100 careers

Vogue chain and Edinburgh Woollen Mill sister business Jaeger is cutting 103 positions and shutting 13 retailers, a 7 days following falling into administration.



a store front at day


© Retailer Jaeger said it has minimize 47 in-keep positions and 56 head office environment and distribution roles as p…


The retailer explained it has minimize 47 in-retail store positions and 56 head business office and distribution roles as part of a restructuring. The 13 afflicted outlets incorporate one particular in Scotland – at the Sterling Mills outside buying centre in Tillicoultry.

The chain was put into administration last week by owner, the retail billionaire Philip Day.

Administrators have said they will go on to lookup for a buyer for the small business but made the cuts as Jaeger was “unable to maintain its recent structure”.

Jaeger has decreased its merchants estate to 63 stores and concessions, and now employs 244 employees as a end result.