As damning indictments go, the government-supported, Fife-based BiFab withdrawing its bid to build jackets for the government-licensed NnG wind farm project off the coast of Fife is right up there. If there is a more obvious example of a failing industrial policy, I can’t think of one.  Let’s remind ourselves of the back-story. In December […]

The Bifab failure is a fiasco


First Minister Nicola Sturgeon will announce a “national mission” to “create new, green jobs across Scotland with fair pay and good conditions” when she sets out her Programme for Government today. The proposals will include a “youth guarantee” scheme as proposed by her economic advisory group report, a programme to re-train people to work in low-carbon industries, […]

‘New, green jobs’? Here’s what to keep an eye out for in the Programme for Govt



There’s few clearer signs of the carnage in the global economy than US oil trading as low as -$40 a barrel, the first time in history it has ever traded negative. There’s simply too much supply in the US due to demand crashing, and therefore there’s nowhere to store them. The main delivery point in Cushing, […]

‘Won’t someone take my oil!?’