Subscribe to our Construction Newsfeed
Scotland Construction Directory
Search our 14,711 companies....

Construction News

15/01/2009

Scottish Exports Fall In Third Quarter

The latest statistics for manufactured exports from Scotland has emphasised the importance of the Scottish Government's budget and economic recovery plan to protect the Scottish economy during difficult times, Finance Secretary John Swinney said.

Yesterday he commented on statistics that show sales decreased by 1% in the third quarter of 2008 compared to the second quarter.

Comparing manufactured exports in the third quarter of 2008 to the third quarter of 2007, however, sales have increased by 1.2 %.

On a visit to life sciences company Lab901 ahead of a Parliamentary debate on the Budget Bill 2009-10, Mr Swinney underlined the importance of supporting businesses in the current climate - and the Government's budget plans.
-- Advertisement --
NorthernAsbestosServicesLtd



Lab901 have benefited from advice from the Scottish Manufacturing Advisory Service (SMAS) - which is set to double its capacity as part of the Government's economic recovery programme.

He said:"What these statistics underline is the importance of the Scottish Government's budget and economic recovery plan - focussed on supporting jobs and businesses in Scotland - and working with all partners to maximise our economic opportunities during these difficult times.

"That is why our Budget Bill includes a substantial programme of accelerated infrastructure investment across Scotland, providing a strong economic stimulus to boost investment, with accelerated capital spending supporting 4,700 jobs to keep our economy moving."

Mr Swinney said spending decisions are designed to support increasing sustainable economic growth and helping business, as shown by our actions such as boosting the Scottish Manufacturing Advisory Service.

Joel Fearnley, Co-founder and CEO of Lab901, said: "We have come a long way since the technology was first developed and our main product is being manufactured here in Scotland, with support from Scottish Enterprise and SMAS. We could not have achieved this without the dedication of our highly skilled team and the support of our investors including Archangel, Alliance, Foresight and Scottish Enterprise."

(GK/JM)

Latest Construction News

29/04/2025
Albyn Housing Society, a major social housing provider operating across the Highlands, is expanding its portfolio to the Isle of Skye for the first time. The society, which manages almost 3,900 properties across 80 rural communities on the mainland, will soon hand over seven new affordable homes i
29/04/2025
As SP Energy Networks progresses with its ambitious £10.6 billion investment plan (RIIO-T3) to upgrade Central and Southern Scotland's electricity transmission network between 2026 and 2031, a new independent report has shed light on the costs and characteristics of various transmission technologies
29/04/2025
Casey Gardner, a 19-year-old apprentice painter and decorator from Fife, is set to represent Scotland in the national final of the prestigious 2025 PDA Premier Trophy Awards – Apprentice of the Year Competition. Ms Gardner secured her place after a successful performance in the Regional Heat held
29/04/2025
Keith Anderson, Chief Executive of ScottishPower, has been named Business Leader of the Year at an awards ceremony held at the EICC in Edinburgh. Mr Anderson was chosen from a shortlist of eight company leaders, including representatives from The Ivy Collection, Greggs, Cazenove Capital, and the Mur
29/04/2025
Significant progress has been made this week on major development plans for the strategically important Hunterston site in North Ayrshire. Members of the council's Planning Committee approved proposals for the creation of a salmon rearing facility at the location. The applicants, Bakkafrost Scotl
29/04/2025
The local community in Innerleithen, including pupils from St Ronan's Primary School and local councillors have celebrated the official reopening of the village's play park following significant improvement works. The much-anticipated upgrades to the facility include extensive drainage work and the
29/04/2025
Craigtoun Country Park, a popular destination near St Andrews, is poised to see a significant upgrade to its beloved Dutch Village situated on the boating lake. The structure is set to undergo essential repairs, including new rendering and roof tiles, thanks to newly secured funding. Fife Council h
29/04/2025
Residents of the Kirkton area of Dundee are a step closer to a new community centre following the allocation of £1.5 million in funding. The money has been awarded to local charity Kirkton Community Centre SCIO through the UK Government's Community Regeneration Partnership (CRP). The funding will e
29/04/2025
Gas network operator SGN has been lauded for its exceptional commitment to customer service, securing four prestigious gold awards at the CCA Global Excellence Awards 2025 ceremony held in Glasgow last night. The accolades affirm SGN's position as industry leaders in customer care and innovation. T
29/04/2025
A collaborative effort involving public, private, and academic organisations has culminated in the launch of a ten-year strategy aimed at fostering sustainable economic growth across the Highlands and Islands. The Highlands and Islands Regional Economic Partnership (HIREP) has unveiled its Regional
RBT Underfloor LimitedMorris & Spottiswood LtdMorris & Spottiswood LtdCharlie Cowie LTDBabbity EnvironmentalJRF Chimney Specialists and Heating DistributorsKattrak International LtdEco SIPs Homes LimitedRethync LtdE & P Bricklaying