Supply chain jobs at the country’s biggest offshore wind farm project are being lost to China. Skilled work on Seagreen in the Firth of Forth will be carried out overseas, fuelling criticism of the so-called “green jobs revolution” in Scotland.
Daily Record 18th Dec 2019 read more »
A Scottish manufacturing company slumped to a loss in the year that it was bought by a Canadian group. The latest annual accounts filed by Burntisland Fabrications (Bifab) show a pre-tax loss of £4.6 million, compared with a £48.6 million profit the previous year. The sharp fall was due to a large wind turbine contract that came to an end and new work not being secured. Turnover for 2018 was £18.6 million, compared with £101 million previously. Bifab makes structures for the oil and gas and renewable energy sectors and has yards in Burntisland and Methil in Fife as well as Arnish on the Isle of Lewis. It ran out of cash while making parts for the Beatrice wind farm in the Moray Firth, with hundreds of workers marching to Holyrood to highlight their plight in November 2017. The Scottish government decided to intervene and more than £37 million of loans from the public purse were provided to help the business. The loans have since been converted into equity and it emerged this year that the government holding has been written down in value to just £2 million.
Times 19th Dec 2019 read more »