Venture capital investments in Scotland up 36% in one year!

From Insider yesterday:

More than £32 million of Venture Capital (VC) was invested into Scottish start-ups in the third quarter of 2019, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that though deal volume has dipped slightly, from 16 deals in the previous quarter, to 13 in Q3, deal value has increased, from £23.8 million in the second quarter of 2019, to £32.42 million in quarter three. The start-ups that benefited from funding included businesses in life sciences, agri-tech and manufacturing. Of these nine are based in Edinburgh and the Borders, three in Glasgow and West Central Scotland, and one in Dundee.

https://www.insider.co.uk/news/number-deals-dips-venture-capital-20715644

Recent reports on business:

35% reduction in Scottish business insolvencies to much lower level than in rUK

Ludo Thierry Good economic news on business insolvency front. It refers to a single quarter’s figures so doesn’t tell us too much. However, the guy from KPMG explains he interprets the figures as demonstrating some resilience operating within the Scottish economy. Lord knows we’ll need it if Johnson and Co. aren’t thwarted pretty sharpish and […]Posted byjohnrobertson834October 23, 2019Posted inUncategorizedLeave a commenton 35% reduction in Scottish business insolvencies to much lower level than in rUKEdit35% reduction in Scottish business insolvencies to much lower level than in rUK

Confidence in BBC Scotland business reporting further ‘evaporates’ as they misrepresent an already unrepresentative study

True to their useful (awful) form, BBC Scotland has misrepresented and already dodgy piece of reporting by a single partisan source. First, the actual report by the Federation of Small Businesses does not use the word ‘evaporate.’ In August they told us that it had been ‘battered.’ This is BBC Scotland hyperbole from a dark […]Posted byjohnrobertson834October 4, 2019Posted inUncategorized1 Commenton Confidence in BBC Scotland business reporting further ‘evaporates’ as they misrepresent an already unrepresentative studyEditConfidence in BBC Scotland business reporting further ‘evaporates’ as they misrepresent an already unrepresentative study

Scottish Government business rates relief saves employers more than £5 billion

In a Freedom of Information question on Wednesday, Emma Harper (South Scotland) (Scottish National Party) asked the Scottish Government how much businesses had saved in total from business rates relief since 2007, broken down by local authority area. Kate Forbes replied: The following table shows how much non-domestic rates relief has saved businesses cumulatively from […]Posted byjohnrobertson834September 27, 2019Posted inUncategorized4 Commentson Scottish Government business rates relief saves employers more than £5 billionEditScottish Government business rates relief saves employers more than £5 billion

Millionaire Tory MSP standing up for his own businesses again?

On Friday, Alexander Burnett (SCAUP), asked the Scottish Government what efforts it was making or can make to ensure that electric-only supplied houses are provided a broad choice of suppliers and what steps it is taking or can take to increase the number of suppliers available to homes that are electric only. Seems innocent enough […]Posted byjohnrobertson834September 22, 2019Posted inUncategorized2 Commentson Millionaire Tory MSP standing up for his own businesses again?EditMillionaire Tory MSP standing up for his own businesses again?

MoneyWeek allows Tory PROPAGANDA based on LIES about Scotland’s taxation

Here’s what Lynn, regular in those Conservative and Unionist organs, the Telegraph and the Spectator, had to say today, under a patronising and puzzling picture of a Highland Coo: You will be taxed more than anywhere else for parking your car at work. You will have to pay an extra levy if you spend the […]Posted byjohnrobertson834October 22, 2019Posted inUncategorized1 Commenton MoneyWeek allows Tory PROPAGANDA based on LIES about Scotland’s taxationEditMoneyWeek allows Tory PROPAGANDA based on LIES about Scotland’s taxation

Scots company suggests dropping 12 000 tonne weights down a mine shaft to generate and store electricity

Research by RSU/TUS ‘truffle hound’ Brian McGowan In the Guardian yesterday: Britain’s cheapest “virtual battery” could be created by hoisting and dropping 12,000-tonne weights – half the weight of the Statue of Liberty – down disused mine shafts, according to Imperial College London. The surprising new source of “gravity energy” is being developed by Gravitricity, […]Posted byjohnrobertson834October 22, 2019Posted inUncategorized1 Commenton Scots company suggests dropping 12 000 tonne weights down a mine shaft to generate and store electricityEditScots company suggests dropping 12 000 tonne weights down a mine shaft to generate and store electricity

Herald and Royal Academy misleading the public on doctor training

In the Herald today: ‘MEDICAL schools in Scotland must increase their overall intakes and ensure a much greater share of places go to Scottish students, doctors’ leaders have said. A report by the Academy of Medical Royal Colleges and Faculties in Scotland (AMRCFS) said it was vital to stem a growing workforce crisis and limit a post-graduate brain drain.’ […]Posted byjohnrobertson834October 22, 2019Posted inUncategorized1 Commenton Herald and Royal Academy misleading the public on doctor trainingEditHerald and Royal Academy misleading the public on doctor training

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Why is a major gas discovery ‘off the coast of Shetland’ but in Yorkshire?

Tolmount Main, named after a Scottish mountain, has delighted its owners, Premium, who describe it as: Located 64km off the coast of Shetland in Yorkshire, Tolmount Main is the biggest gas field in the Greater Tolmount Area in the Southern Gas Basin. A 47km-long and 20in diameter subsea pipeline will be laid to export the […]Posted byjohnrobertson834October 17, 2019Posted inUncategorized4 Commentson Why is a major gas discovery ‘off the coast of Shetland’ but in Yorkshire?EditWhy is a major gas discovery ‘off the coast of Shetland’ but in Yorkshire?

Reporting Scotland Down, down, deeper and down

Seconds after hearing from the SNP conference, of confidence in the Scottish economy, those guardians of the status quo (get it?) were talking Scotland down, down, deeper and down as they found what they wanted you to hear in the Royal Bank of Scotland PMI for September, released today: Off they went with: ‘Manufacturing firms […]

Published by johnrobertson834

Retired Professor of Media Politics Not-for-profit independent political analysis

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