'Multi-decade' future of nuclear base in Scotland secured
The commitment of the UK Government is long term. (Image: PA) An initial £250 million of funding will be made over three years which will help support 'jobs, skills and growth' at Faslane, the Royal Navy's main presence in Scotland.
Westminster said that the "Clyde 2070 programme represents one of the most significant and sustained UK Government investments in Scotland over the coming decades".
Read the full story here
Scottish economy tops the UK table on one key measure
Scotland was top of the table on one key measure. (Image: Gordon Terris) Scotland's private sector economy bounced back into expansion territory last month, a key survey revealed this week.
Scotland was the only one of the 12 UK nations and regions to record a rise in private sector employment in May in Royal Bank of Scotland's growth tracker survey.
The business activity index for Scotland, a seasonally adjusted measure of the month-on-month change in the combined output of the manufacturing and services sectors – rose from 47.4 in April to 50.5 in May on a seasonally adjusted basis to indicate a renewed rise in business activity. This marked the first increase in output on this measure for six months.
With May's reading of 50.5 only slightly above the no-change mark of 50, Royal Bank of Scotland observed the rate of expansion last month was 'marginal and similar to that seen across the UK as a whole'.
Read Ian McConnell's story here Famous Scottish retailer appoints ex-Rangers chief as loss reported
Stewart Robertson, chief executive. (Image: Sterling) Former Rangers managing director Stewart Robertson has been appointed chief executive of Sterling Furniture Group on a permanent basis as the venerable Scottish retailer looks to get back on track after a challenging period.
Sterling confirmed the appointment as new accounts show the Tillicoultry-based company tumbled to a loss of nearly £4 million for the year ended August 31, following a profit of £43,870 the year prior. Turnover dipped to £50.55m from £83.6m.
The loss coincided with a downturn in the broader UK retail sector, as consumers grappled with high inflation and interest rates, while businesses dealt with increased operating costs.
Mr Robertson, who spent eight years at the Ibrox club, initially joined Sterling as interim chief executive in December, with his arrival following the appointment of Bernard Dunn, a former head of insurance broker TL Dallas in Scotland, as chairman in October.
Read Scott Wright's story here
AROUND THE GREENS ⛳
'We can't get more people into St Andrews to play golf'
The Old Course attracts tens of thousands of overseas golfers every year, and the boss of St Andrews Links Trust has said he would like to spread the benefits of this more widely throughout Scotland. (Image: VisitScotland/Peter Dibdin) This article appears as part of Kristy Dorsey's Around the Greens series
Created in 1974 as a way to maintain local public ownership of its golf courses when town councils were being abolished in accordance with Lord Wheatley's report on local governance in Scotland, St Andrews Links Trust is the charity in charge of the most important parcel of land in all of golf.
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