
From Insider today:
‘Venture Capital investment in Scottish scale-ups almost doubled in 2019, according to new research. The Global Venture Pulse Survey reveals the amount invested in Scottish fast-growth companies in 2019 reached £19.7 million, up from £10 million in 2018. The increase was partly driven by a busy fourth quarter which included a £66 million investment in Well-Safe Solutions to fund its next stage of growth as a well-decommissioning company.’
https://www.insider.co.uk/news/venture-capital-investment-scottish-scale-21394246
Earlier reports on the Scottish economy:
More evidence that Scottish industry is strong under SNP administration
BBC Scotland expert misses positive economic trend as commercial property sales DOUBLE to exceed most of England
Number of Scottish businesses at record high.
Scotland’s labour productivity has increased
8% of the population far more of lots of other things but Scottish Government still not satisfied
Venture capital investments in Scotland up 36% in one year!
35% reduction in Scottish business insolvencies to much lower level than in rUK
Scotland strong without the oil as Treasury ‘spaffs revenues up wall’
Confidence in BBC Scotland business reporting further ‘evaporates’ as they misrepresent an already unrepresentative study
8% of the population 29% of food and drink exports: Scotland ‘dominant force behind UK international trade in agriculture and food products’
How Scotland Thrives – September 2019
Why does Fraser of Allander Institute lazily wrongly lump Scotland in with England’s tourism recession?
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Aye, looks like rUK is just unable to bring in investment. Long may their incompetence continue.
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