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By a Newsnet reporter

Alyn Smith, SNP MEP and Member of the European Parliament’s Energy Committee, and Edinburgh resident, has yesterday welcomed Edinburgh’s formal bid to host the new Green Investment Bank (GIB). 

Edinburgh is one of 19 cities in the running to site the headquarters of the bank.  The GIB is being set up with £3bn of public money to help firms finance early-stage renewable energy schemes.

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By a Newsnet reporter

Christina McKelvie MSP is pressing the UK Department of Work and Pensions to publish the results so far of its Work Programme, after a National Audit Office (NAO) report suggested the private companies who were handed the contracts to run the programme are falling well short of their job creation targets.

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By a Newsnet reporter

SNP MEP Alyn Smith has welcomed a £50 million loan from the European Investment Bank to the University of Edinburgh.

The funds will help support projects including the newly created Edinburgh Centre for Carbon Innovation, refurbishment of the main library, the installation of an energy efficiency network and improvements at the School of Languages, Literature and Cultures.

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By a Newsnet reporter

SNP Business and Enterprise spokesperson Mike Weir has warned that small businesses could be hard hit by proposed post pricing changes after Ofcom, the regulator, confirmed in a letter to the MP that its proposals could mean that the universal service obligation will be limited to second class services only.  The changes could prove expensive for companies who rely upon the Royal Mail to send products to customers.  

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By a Newsnet reporter

Following the comments of the CBI yesterday and UK Government ministers in recent days, members of Scotland’s business community have refuted questions over the timing of an independence referendum and called for an end to scaremongering and a proper discussion on the merits of taking all decisions about Scotland within Scotland.

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By a Newsnet reporter

Over one third of Scots are worried that they will not be able to afford their next fuel bill, according to research published by Citizens Advice Scotland (CAB). 

This week sees the start of CAB Big Energy Week (16-21 January 2012) which will see CAB advisers across the country help people spend less on heating and powering their home.  The SNP’s Westminster Energy spokesman Mike Weir MP says that the CAB research confirms that Westminster’s energy policy is not working and is failing consumers.

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By G.A.Ponsonby
 
A fundamental plank of Unionist attacks on the Scottish Government’s referendum plans has been undermined this week after a group of respected business leaders claimed there was “no evidence” to support claims by a Citigroup analyst that companies were afraid to invest in Scotland.
 
Trade bodies and leading business representatives from the world’s largest companies have questioned claims by Tory Chancellor George Osborne and others that the date of the independence referendum would harm the Scottish economy.

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