News / Scotland by Press Association June 6, 2019, 4:03 pm Send us a story Sign up to our Daily newsletter Exported goods from Scotland to the European Union have increased in value by 18.6% in the last financial year, according to Treasury figures. New HMRC data shows Scottish exports grew at a quicker rate than any other UK nation or English region, with a total increase of 12.9% – £3.8 billion. Total Scottish exports now account for a record-high £32.8 billion, with more businesses exporting goods than ever before. In the first quarter of 2019, 4,950 Scottish businesses exported abroad, 229 more than the same period in the previous year. The increase in the value of goods sold to the EU – £2.7 billion of the new £17.4 billion total – shows “the importance of having free trade” according to Trade Minister Ivan McKee. Mr McKee said: “These latest figures demonstrate the significance of the EU to … [Read more...] about Scottish exports to EU growing faster than rest of UK
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Is now still a good time to move to Germany, despite (or maybe because of) Brexit? Yes. As there is a labour shortage in Germany, experts see it as as good time to relocate there. With the unemployment rate at around 3.3 percent, a record low since the country's 1990 reunification, companies in Germany have been long saying that a chronic shortage of workers is threatening growth. So they are looking for people to fill vacancies. SEE ALSO: Prepare for Brexit: The ultimate checklist for Brits in Germany SEE ALSO: Where in Germany do all the Brits live? In the areas of mathematics, computing, natural sciences and technology, a record 338,200 jobs went unfilled in September last year, according to data from the Cologne-based German Economic Institute. Germany is also currently in the process of easing immigration rules so that it can attract foreign skilled workers. Business owner Rob Harrison of the group British in Germany, which is campaigning for the rights of citizens … [Read more...] about Brexit: Is it a good time to move to Germany?
0 Have your say As the prospect comes closer of leaving the European Union without the UK having agreements for a transition period (mistakenly called a “deal”) we are likely to hear more prophecies of economic catastrophe and scares about what might go wrong. One reason that uncertainty about Brexit has been allowed to build up must be the false sense of how important the EU has been to the relative success of the UK economy. Last week the latest figures for GDP growth in EU member states were released and they underlined how distressed in particular the Eurozone is. They also helped to demonstrate how the UK’s economic future lies outside the EU and why we should be confident of economic success after our departure. The year-on-year comparison for Quarter 4 of 2018 against 2017 showed France at 0.9 per cent; Germany at 0.6 per cent; Italy at 0.1 per cent – and the UK at 1.3 per cent. For 2019 Germany’s Q3 performance was … [Read more...] about Brian Monteith: Eurozone stats should underline advantages of leaving EU
The freight industry has warned of the potential for a fresh Brexit ferry fiasco after it emerged all British truckers will be required to have counter-terrorism safety security certificates to enter the European Union in the event of no deal. The EU rule was introduced after the 9/11 attack on New York’s twin towers but only applies to third country freight entering the EU. But if the UK crashes out of the bloc it will be classified as a third country like Ukraine or China and all freight operators will be required to fill out a 38-point safety and security form. Irish drivers using the UK as a land bridge to the continent would also have to comply, sources said. Not only would this be necessary for every consignment, but it would be required hours before transit, fuelling fears that trucks could face delays not just because of customs and public health checks but also safety. James Hookham, the deputy chief executive of the Freight Transport Association, said it was a serious … [Read more...] about Anti-terror checks deliver fresh Brexit threat for UK hauliers
With many startups seeking finance, innovative entrepreneurs seem fortunate: if they convince individual investors to inject money into their idea, they win an angel – a business angel. With just 50 business angels active in 2017, Romania still lags behind its European peers, but there are signals on the market that local business investors are willing to put their money into valuable and innovative ideas this year too. Business Review presents five of the most active local business angels to go into 2019. By Anda Sebesi, Ioana Erdei, Aurel Dragan Related: 7 things all entrepreneurs should know about angel investors According to the European Business Angels Network (EBAN) Statistical Compendium, the size of the visible and invisible business angel market in Europe increased to EUR 7.3 billion in 2017, up by 9 percent from 2016, keeping it the main equity market for early stage SMEs and European startups. By comparison, angel investment in the US has reached an estimated USD … [Read more...] about BR SPECIAL. Five business angels poised to fly in 2019