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Business Scotland
Business, finance and the economy in Scotland
Curated by Peter A Bell
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Weir Group report: iScotland could work, but would create business costs, uncertainties

Weir Group report: iScotland could work, but would create business costs, uncertainties | Business Scotland | Scoop.it
Leaving the UK would create "a number of costs and uncertainties" for business with "fewer, more uncertain benefits", a report has concluded.
Peter A Bell's insight:

The suggestion from some quarters that the convenience of business operators should take precedence over the fundamental issue of constitutional justice is something that I find both insulting and ludicrous. We are talking about the status of a nation here. The idea that this should be conditional on satisfying the self-serving demands of profit-takers is utterly nonsensical.

Having said that, business people are obviously entitled to offer their opinion. It is a question of whose opinion we should afford most weight. In this regard, there are some notable differences between those business people who support independence and those who see their interests best served by keeping Scotland bound to the union.

While those opposing independence talk only of the supposed costs to their businesses, pro-independence business people tend to talk in terms of the benefits of independence to the country as a whole.

While the anti-independence faction in the business community obsesses about "uncertainty" in a way tat suggests they doubt their ability to cope with change, people such as Ivan McKee and the hundreds of other business people who have joined Business for Scotland convey enthusiasm and optimism and an eagerness to embrace change. One side talks of problems and pitfalls while the other talks of opportunities and potential.

I know which ones I want as Scotland's "business leaders".

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Peter A Bell's curator insight, April 3, 10:58 AM

The suggestion from some quarters that the convenience of business operators should take precedence over the fundamental issue of constitutional justice is something that I find both insulting and ludicrous. We are talking about the status of a nation here. The idea that this should be conditional on satisfying the self-serving demands of profit-takers is utterly nonsensical.

Having said that, business people are obviously entitled to offer their opinion. It is a question of whose opinion we should afford most weight. In this regard, there are some notable differences between those business people who support independence and those who see their interests best served by keeping Scotland bound to the union.

While those opposing independence talk only of the supposed costs to their businesses, pro-independence business people tend to talk in terms of the benefits of independence to the country as a whole.

While the anti-independence faction in the business community obsesses about "uncertainty" in a way tat suggests they doubt their ability to cope with change, people such as Ivan McKee and the hundreds of other business people who have joined Business for Scotland convey enthusiasm and optimism and an eagerness to embrace change. One side talks of problems and pitfalls while the other talks of opportunities and potential.

I know which ones I want as Scotland's "business leaders".

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ScottishPower rejects post-indy break-up claim by Spanish paper

ScottishPower rejects post-indy break-up claim by Spanish paper | Business Scotland | Scoop.it
SCOTTISHPower has dismissed warnings it may have to sell off part of the company in the event of Scottish independence.
Peter A Bell's insight:

Few will doubt that lurking somewhere in the background to this Expansión article lies the conspiratorial relationship between the Tories and Mariano Rajoy's right-wing Partidad Popular. And once again the UK government finds itself caught between the rock of its anti-independence propaganda and the hard place of its loyalty to vested interests.

This is going to be an increasingly difficult path to tread as the rhetoric is ramped up in the final months and weeks of the referendum campaign. British nationalists appear not to have taken account of the fact that, in seeking to scare the people of Scotland into voting against their own sovereignty, they also ran the risk of putting the frighteners on the British state's corporate clients.

The likelihood is that more and more business leaders will feel it necessary to speak out as Scottish Power has done in order to allay the concerns caused by the UK government's reckless fear-mongering. This will be good news for the Yes campaign, of course, as droves of "business leaders" come forward to contradict and condemn the ever wilder assertions denigrating Scotland and talking down the nation's economic prospects.

British nationalists obviously care nothing for the people of Scotland and will happily sacrifice their interests in the name of preserving the structures of power and privilege which define the British state. But irresponsible anti-independence propaganda runs the risk of alienating big business. And that would never do.

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Peter A Bell's curator insight, January 29, 6:39 AM

Few will doubt that lurking somewhere in the background to this Expansión article lies the conspiratorial relationship between the Tories and Mariano Rajoy's right-wing Partidad Popular. And once again the UK government finds itself caught between the rock of its anti-independence propaganda and the hard place of its loyalty to vested interests.

This is going to be an increasingly difficult path to tread as the rhetoric is ramped up in the final months and weeks of the referendum campaign. British nationalists appear not to have taken account of the fact that, in seeking to scare the people of Scotland into voting against their own sovereignty, they also ran the risk of putting the frighteners on the British state's corporate clients.

The likelihood is that more and more business leaders will feel it necessary to speak out as Scottish Power has done in order to allay the concerns caused by the UK government's reckless fear-mongering. This will be good news for the Yes campaign, of course, as droves of "business leaders" come forward to contradict and condemn the ever wilder assertions denigrating Scotland and talking down the nation's economic prospects.

British nationalists obviously care nothing for the people of Scotland and will happily sacrifice their interests in the name of preserving the structures of power and privilege which define the British state. But irresponsible anti-independence propaganda runs the risk of alienating big business. And that would never do.

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The real reason businesspeople don't back the No Campaign.

The real reason businesspeople don't back the No Campaign. | Business Scotland | Scoop.it
69 business people attended the Glasgow launch event of Business for Scotland. We now have over 1,100 members. The No Campaign is panicking because businesspeople are not willing to publicly back its ridiculous scare stories.
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Losing the Heid

Losing the Heid | Business Scotland | Scoop.it
Starting his work Bella George Rosie looks at the loss of strategic control of the Scottish economy.While the big guns of the Scottish and UK media were trained (quite rightly) on the axe hanging o...
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Scottish independence: Business unfazed by debate

Scottish independence: Business unfazed by debate | Business Scotland | Scoop.it
MOST UK businesses have been left unfazed and unaffected by the referendum issue, a business survey shows today.
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Real Business - Scottish SMEs are divided on independence

Real Business - Scottish SMEs are divided on independence | Business Scotland | Scoop.it
While 52 per cent of SMEs in Scotland favour Scottish independence, SMEs in the rest of the country are less enthusiastic.
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Peter A Bell's curator insight, July 2, 2013 11:43 AM

Note the misleading Scotsman-style headline.

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The Independence Dividend: Opportunities for the Property Sector

The Independence Dividend: Opportunities for the Property Sector | Business Scotland | Scoop.it

Scanning the economic horizon to target effective business development is a necessity in any sector. We in the business community will routinely use various tools e.g. a SWOT analysis (Strengths, Weaknesses, Opportunities and Threats), business plans and visioning etc. Many of us have had to develop a capacity for critical thinking and to question populist statements that are presented as ‘facts’ (which are often not really at all, and quickly dissolve under the most basic scrutiny). Most importantly, we have to take a step back and look at the big picture.


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£20 million drive for business innovation and grow | Scottish National Party

£20 million drive for business innovation and grow | Scottish National Party | Business Scotland | Scoop.it

A new £20 million Business Innovation & Growth programme to help drive forward economic recovery has been announced by First Minister Alex Salmond.

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Charles Patrick O'Brien's comment, June 20, 2013 4:58 AM
Another thing not made public by the media.
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2012 A&B Scotland Awards shortlist

2012 A&B Scotland Awards shortlist | Business Scotland | Scoop.it

Congratulations to all the shortlisted partnerships.

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Independence brings opportunities, not complication, for business

Independence brings opportunities, not complication, for business | Business Scotland | Scoop.it
The UK Ireland border: not a border post in sight. As a qualified Lawyer in Scotland as well as in England & Wales, I can understand how two complex systems of law can operate successfully and independently, yet retain influence over and working respect for each other. I also know which system
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Companies playing into SNP hands by refusing to oppose Scottish independence - Telegraph

Companies playing into SNP hands by refusing to oppose Scottish independence - Telegraph | Business Scotland | Scoop.it
Insiders at the Better Together campaign say many business leaders have privately indicated their opposition to independence but few wish to speak out publicly
Peter A Bell's insight:

The idea that businesses are afraid to speak out against government policy is, of course, a nonsense. Companies defend what they perceive to be their interests at all times and in all circumstances. They would not survive otherwise. One can easily think of many instances where individual companies or whole business sectors have mounted vociferous public campaigns against measures which they oppose. The social responsibility levy and minimum alcohol pricing being just two recent examples.

It is easy to understand Alistair Darling's frustration, however. He thought his was going to be an easy task. He assumed that big business would back the British state en masse. That is just one of many things that the anti-independence campaign got badly wrong.

Unsurprisingly, Better Together has the CBI in its pocket. If the Church of England is the Tory party at prayer, the CBI is the Tory party in the boardroom. But Iain McMillan speaks for only a tiny section of Scotland's business community. And, according to insiders, CBI Scotland members have not been consulted on the matter of independence. So it is questionable whether he even speaks for the organisation as a whole.

Meanwhile, the vastly more representative Federation of Small Businesses has taken a neutral stance on the constitutional issue - presumably because they realise that their membership is, at the very least, divided on the issue. And the explicitly pro-independence group Business for Scotland has grown rapidly to become one of the largest representative organisations for businesses in Scotland and an important player in the campaign to restore Scotland's rightful constitutional status.

The propaganda spin about business leaders being intimidated into silence by mysterious Scottish Government agents is an insult both to the dignity of the business people concerned and to the intelligence of Scotland's people. The more obvious explanation for any reticence in publicly supporting Better Together is that businesses simply don't want to be associated with either its questionable aims or its deplorable methods. Who can possibly blame them for that?

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Good Morning Scotland - Wake up to the opportunities of independence

Good Morning Scotland - Wake up to the opportunities of independence | Business Scotland | Scoop.it
Business for Scotland is now being regularly asked to represent the opinion of the pro-independence business community by the mainstream media or in organised debates  This is useful for two main reasons: First, our business spokespeople can...
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Scottish independence: Who cares? Not English business - Wiltshire Business

Scottish independence: Who cares? Not English business - Wiltshire Business | Business Scotland | Scoop.it
Scottish independence: Who cares? Not English business Wiltshire Business “The government has yet to respond formally to the Silk Commission, but we at Business West are working with some of our key members to better to understand the threats and...
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Home - business.scotland.gov.uk

The place where businesses in Scotland can find support and information
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Fact check: UK claims on trade after independence | Scottish National Party

Fact check: UK claims on trade after independence | Scottish National Party | Business Scotland | Scoop.it

The UK government scaremongers on trade between an independent Scotland and the rest of the UK, but the fact is that the majority of OECD countries’ biggest trading partners are their neighbours. Why would Scotland be any different?

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Businesses demand clearer information on independence

Businesses demand clearer information on independence | Business Scotland | Scoop.it

BOTH sides in the independence debate have admitted they must do more to get their arguments across to the business community after a survey showed 60% of the sector said they did not have the information to form a view.

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Olympic 'tourism-bounce' claims challenged by businesses

Olympic 'tourism-bounce' claims challenged by businesses | Business Scotland | Scoop.it
Small business owners are incensed with UK culture secretary, Jeremy Hunt, who has claimed that the London Olympics were “a very good period” for tourism.
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