A weekly Scottish Business Podcast featuring Scotland’s most inspirational entrepreneurs, Sir Tom Hunter and Lord Willie Haughey. They offer insight, advice and chat to Scotland’s leading CEOs, Founders and Entrepreneurs about how they built their businesses. Guests share their insights, challenges, defeats and successes as Hunter and Haughey spread knowledge across the Scottish business community. THE Business Podcast for Scotland - a Scottish Business Podcast, made in Glasgow.
Episodes
4 hours ago
4 hours ago
Go Radio Business Show: Most Downloaded
Interview with Marie Owen, CEO of LS Productions
[00:01:17]
Marie Owen's Career Journey
Marie Owen shares her background, starting LS Productions as a hobby and balancing work with family life.
[00:02:24]
Transition to Entrepreneurship
Marie Owen discusses her transition from cabin crew to entrepreneurship, highlighting the challenges and learning experiences.
[00:03:20]
Starting LS Productions
Marie explains how she started LS Productions with limited experience and support from her husband.
[00:04:57]
Early Business Challenges
Marie talks about the initial challenges in funding and partnerships, and how she secured her first project.
[00:06:12]
Winning Business
Marie emphasises the importance of sales and marketing in winning business and building customer relationships.
[00:08:09]
High-Profile Projects
Marie shares stories of working on high-profile projects with Ronaldo and Harry Styles, detailing the process and challenges.
[00:10:05]
Harry Styles Music Video
Marie recounts the experience of shooting a music video with Harry Styles in St. Abbs, discussing the logistics and local impact.
[00:16:06]
Educational and Support Networks
Marie talks about the support networks and educational programs that helped her grow LS Productions.
[00:19:38]
Interview: Kevin Dorren, CEO of Parsley Box
[00:21:01]
Background: Kevin Doran's journey from a non-entrepreneurial family to founding multiple businesses.
[00:23:57]
Orbital: Founded a tech company, moved to Silicon Valley, and took the company public.
[00:32:27]
Diet Chef: Started an online diet business inspired by Nutrisystem, later sold to a French competitor.
[00:35:09]
Parsley Box: Founded a meal delivery service for the elderly, experienced rapid growth during COVID-19.
[00:37:43]
Challenges: Scaling up quickly during the pandemic, working with local authorities and the NHS.
[00:40:57]
Insights: Shared lessons on public markets, the importance of innovation, and the entrepreneurial landscape in Scotland.
Interview: Alan Cannon, CEO of Krucial
[00:42:06]
Background: Alan Cannon's interest in physics and problem-solving led him to the defence industry and later to Clyde Space.
[00:46:58]
Clyde Space: Worked on small satellites, contributing to the growth of the space industry in Scotland.
[00:51:04]
Entrepreneurial Journey: Inspired by Silicon Valley start-ups, founded Krucial in 2018.
[00:52:56]
Krucial: A cloud infrastructure company helping organizations leverage satellite data. Grew significantly during the pandemic.
[00:53:56]
Support: Participated in the Creative Destruction Lab program, which encouraged thinking big and building massive.
[00:55:28]
Future Plans: Aiming to expand globally and work with various industries to improve sustainability and profitability.
Keywords: Sir Tom Hunter, Lord Willie Haughey, Kevin Dorren, Silicon Valley, Parsley Box, Alan Cannon, Krucial, Digital Transformation, Space Scale-Up, Marie Owen, LS Productions, Film and TV Commercials, Ronaldo, Harry Styles, Entrepreneurship, Cabin Crew, Customer Service, Business Challenges, Sales and Marketing, High-Profile Projects, Music Video, Scottish Enterprise, Entrepreneurial Scotland
Sunday Apr 20, 2025
Sunday Apr 20, 2025
Go Radio Business Show: Most Downloaded Interviews
Interview with Sir Alex Ferguson
00:01:12]
Early Leadership: Sir Alex discusses his early leadership experiences, starting from his apprenticeship and union involvement.
[00:03:33]
Football Career Beginnings: Transition from apprenticeship to full-time football, and the realisation of his leadership potential
[00:06:26]
Entrepreneurial Ventures::Sir Alex talks about balancing his football career with entrepreneurial ventures like opening a pub.
[00:09:03]
Coaching and Management:Insights into his coaching philosophy and the importance of building a football club, not just a team.
[00:11:56]
Managing Big Clubs:Challenges and strategies in managing big clubs like Manchester United, including changing the club culture.
[00:14:22]
Winning Mentality: The importance of instilling a winning mentality in players and the role of captains in carrying the manager's message.
[00:18:05]
Assistant Managers: The crucial role of assistant managers in his career and the qualities that made them effective.
[00:22:10]
Modern Challenges: Challenges of managing young players today, especially with the influence of money and agents.
[00:23:54]
Proudest Achievements:
Reflecting on his proudest achievements, including winning the European Cup.
Interview with Billy Lyle from Illuminate AI
[00:24:53]
AI in Business: Billy discusses the accessibility and benefits of AI for businesses, emphasising prompt engineering.
[00:27:07]
AI Providers: Overview of major AI providers like OpenAI and Google, and their investments in AI.
[00:28:39]
Impact on Professional Services: Potential disruptions and opportunities AI brings to professional services like law and accounting.
[00:29:53]
AI's Future and Risks: Discussion on the future of AI, potential risks, and ethical considerations.
[00:31:39]
Adapting to AI: Tips for small business owners on how to adapt and leverage AI to stay competitive.
[00:33:37]
Real-World AI Application:Lord Haughey shares a real-world example of using AI to enhance energy efficiency in housing projects.
[00:35:32]
AI and Job Market:The impact of AI on the job market and the importance of human involvement in AI processes.
Interview with Poonam Gupta OBE
[00:39:23]
Entrepreneurial Journey: Poonam shares her journey from India to Scotland, starting her business with no initial capital.
[00:43:35]
Cash Flow Management: Strategies for managing cash flow in the early stages of business without external funding.
[00:45:12]
Business Growth: Growth of PG Paper and future targets, aiming for £250 million in revenue.
[/00:46:36]
Balancing Family and Business: Challenges and strategies for balancing family responsibilities with business growth.
[00:48:09]
Recognition and Awards:Receiving the OBE and the importance of giving back to the community.
Keywords:
Early Leadership, Football Career Beginnings, Entrepreneurial Ventures, Coaching Philosophy,Managing Big Clubs, Winning Mentality, Role of Assistant Managers, Modern Challenges, Proudest Achievements,AI in Business, AI Providers, Impact on Professional Services, AI's Future and Risks, Adapting to AI, Real-World AI Application, AI and Job Market, Entrepreneurial Journey, Cash Flow Management, Business Growth, Balancing Family and Business, Recognition and Awards
Sunday Apr 13, 2025
Sunday Apr 13, 2025
Go Radio Business Show: Season 10, Episode 13
Episode Highlights
[00:01:15]
President Trump and China Tariffs
Sir Tom and Lord Haughey discuss the latest news, including China's retaliation to US tariffs and the potential global recession.
The impact of President Trump's economic policies and tariffs, leading to inflation and recession.
[00:02:09]
Tariffs and Economic Impact
Detailed discussion on the economic impact of tariffs imposed by the US, including potential global recession and inflation.
Jamie Dimon and Larry Summers' perspectives on the likelihood of a US recession due to tariffs.
The effect of tariffs on major companies like Nike and Adidas, leading to higher consumer prices.
[00:08:25]
Scottish Government Rent Cap
Sir Tom and Lord Haughey discuss the potential introduction of a rent cap by the Scottish government and its implications for investment.
Concerns about the rent cap being a barrier to investment and the impact on the housing crisis.
[00:16:32]
Orbex Rocket Launch
Announcement of Orbex launching its first rocket from Scotland, highlighting the significance of space technology and regional development.
Discussion on the contributions of Gary Clark, a guest from the previous episode, to the space industry in Scotland.
[00:17:30]
Attracting Talent to Scotland
Discussion on the importance of attracting and retaining talent in Scotland, and the impact of higher income tax rates.
Concerns about the SNP's income tax policies and Labour's inheritance tax plans driving away millionaires and affecting tax revenue.
Main Guest: Interview with Tony Quinn
Tony Quinn, CEO of Silver Cloud and Acumen, shares his entrepreneurial journey, starting from a young age with various small businesses.
His experience at NCS and the transition to founding Silver Cloud and Acumen.
Challenges faced during the early stages, including cash flow issues and the importance of building a strong management team.
The development of Acumen as a cybersecurity business and its growth trajectory.
[00:41:30]
Board You Can’t Afford:
Gary Crawford, founder of Owendale Advisory, discusses AI and its impact on business strategy.
The importance of understanding AI as a business challenge rather than just a technology and data issue.
Strategies for creating a new market and helping businesses realise the potential of AI.
Gary also has a question for Sir Tom and Lord Haughey.
Keywords:
Sir Tom Hunter, Lord Willie Haughey, Scottish Whisky, US Tariffs, Global Recession, Scottish Government Rent Cap, Orbix Rocket Launch, Attracting Talent to Scotland, Cybersecurity Innovations, AI in Business Strategy, Entrepreneurial Journey, Silver Cloud, Acumen.
Sunday Apr 06, 2025
Sunday Apr 06, 2025
Go Radio Business Show, Season 10, Episode 12.
In this episode of the Go Radio Business Show, Hunter and Haughey discuss on global trade tariffs, their potential impact on Scotland, and the future of Scotland's economy. The also talk business with Craig Clark MBE, founder of Clyde Space Limited, about his journey in the space industry and the growth of Scotland’s space sector.
[00:00:33]
Glasgow's rise in the global financial index is discussed, highlighting the contributions of companies like JP Morgan and Virgin Money.
[00:02:04]
Discussion on the impact of tariffs imposed by the US President on global trade.
[00:02:22]
Hunter and Haughey reflect on America's economic history and the potential consequences of tariffs on manufacturing.
[00:04:07]
The unique status of Scottish whisky as a major export is highlighted in the context of potential tariffs.
[00:05:35]
An explanation of tariffs and their negative effects on the global economy.
[00:07:17]
The discussion shifts to the impact of outsourcing on American manufacturing and potential political motivations behind tariffs.
[00:08:17]
Sir Tom and Lord Haughey discuss the challenges of negotiating with political figures and the potential impact of policies on major tech companies.
[00:09:53]
Concerns are raised about the pressure on American institutions to invest domestically and the potential consequences for European markets.
[00:10:03]
The struggles of Tesla in Europe and competition from Chinese electric car company BYD are discussed.
[00:12:16]
The Wood Group's accounting issues and potential acquisition are discussed.
[00:14:14]
The European investment event in Edinburgh is highlighted as a positive development for Scotland's tech sector.
[00:14:59]
Discussion about the potential for a major investment conference in Scotland, possibly at Gleneagles, to attract European and international investors.
[00:16:31]
The idea of a "Future of Scotland" event is proposed to address economic and social challenges facing the country.
[00:17:47]
Concerns are raised about companies and individuals leaving Scotland due to a perceived decline in opportunities.
[00:19:39]
Sir Tom discusses the need for big ideas to revitalise Scotland and uses the example of Aldi’s “Taps aff” water as a symbol of Scottish resilience.
[00:21:11]
Stuart Patrick CBE, Chief Executive of the Glasgow Chamber of Commerce, joins the show for his monthly update.
[00:21:47]
Stuart Patrick discusses the Chamber's support for free trade and its historical opposition to trade barriers.
[00:23:42]
The discussion returns to the US President's claims about countries taking advantage of the United States, which the Chamber of Commerce denies.
[00:24:05]
The long-term benefits of international trade and the importance of trade for the UK economy are emphasised.
[00:26:04]
The Chamber of Commerce highlights its initiatives to promote international trade and support businesses.
[00:26:12]
The impact of increased employer's national insurance contributions on businesses is discussed.
[00:26:15]
Glasgow's hospitality sector is promoted through the "Taste the Place" initiative.
[00:27:23]
The Chamber of Commerce's circular economy leadership programme and international learning trips are highlighted.
[00:28:28]
Positive developments regarding Glasgow Airport's new owners and potential investments are discussed.
[00:30:48]
The idea of creating a major annual event to attract tech investors to Scotland is explored.
[00:32:56]
Introduction of the special guest, Craig Clark MBE, founder of Clyde Space Limited.
[00:34:24]
Craig Clark shares his background and how he entered the space industry.
[00:35:58]
The importance of finding the right work environment (big vs. small company) is discussed.
[00:36:16]
Craig Clark talks about his experience at a growing company and the lessons he learned.
[00:36:43]
The decision to start his own business, Clyde Space, is discussed.
[00:37:34]
Craig mentions the books that inspired him to start his business.
[00:38:15]
The initial reluctance and eventual decision to start Clyde Space are recounted.
[00:38:46]
The early days of Clyde Space and the financial investment are described.
[00:39:19]
Craig Clark explains the concept of CubeSats and how they revolutionised the satellite industry.
[00:40:33]
The support received from Scottish Enterprise and the early success in international markets are acknowledged.
[00:41:22]
Craig Clark is credited with starting Glasgow's now thriving space sector.
[00:42:39]
Craig emphasises the importance of teamwork and acknowledges the contributions of his colleagues.
[00:43:40]
The growth of Clyde Space and its acquisition by a Swedish company are detailed.
[00:44:09]
Craig discusses Clyde Space's innovative online sales model and its impact.
[00:44:46]
The impact of Clyde Space on the market, particularly in terms of value and attracting other companies to Scotland, is highlighted.
[00:45:37]
An explanation of how satellites are used for various purposes, including forestry management and ocean monitoring.
[00:46:19]
Sir Tom and Lord Haughey discuss Elon Musk and his impact on the space industry.
[00:47:45]
The issue of orbital debris and the potential dangers it poses are explained.
[00:48:59]
Craig Clark recounts selling to NASA and the significance of those early sales.
[00:50:27]
Craig also discusses the sale of his company and the challenges of being an entrepreneur.
[00:51:47]
Craig talks about his current work with Strathclyde University on major projects and infrastructure development.
[00:53:25]
Craig discusses what is needed for Scotland to take a world position in the space sector.
[00:54:35]
The potential for using space technology to support clean energy initiatives is explored.
Watch the full episode on YouTube, hit subscribe and never miss an episode. Subscribe for more episodes of the Go Radio Business Show!
Keywords
Go Radio Business Show, Scotland, Scottish Business, Economy, Global Trade, Tariffs, International Trade, Investment, Economic Development, Space Industry, Space Technology, Entrepreneurship, Innovation, Glasgow, Craig Clark MBE, Clyde Space Limited, UK Business, Business Podcast.
Sunday Mar 30, 2025
Sunday Mar 23, 2025
Sunday Mar 23, 2025
Go Radio Business Show: Season 10, Episode 10
[00:01:23]
Football Talk: Casual conversation about football, including a humorous anecdote about a Rangers player.
[00:04:16]
Gold Investment: Debate on the value and process of investing in gold, with personal anecdotes and market insights.
[00:04:30]
Government and Business: Critique of government involvement in businesses, specifically shipyards and ferry contracts, and the inefficiencies observed.
[00:09:06]
Political and Economic Issues: Discussion on the financial training needed for Scottish politicians, the inefficiencies in the civil service, and the need for better management and higher pay for politicians to attract talent.
[00:15:08]
Benefits and Employment: Analysis of the high number of people on benefits in Scotland and the UK, the need to encourage employment, and the political implications of benefit cuts.
[00:23:42]
Special Guest: Brie Read
Background: Brie Read, CEO of Snag, shares her journey from living in various countries to starting her business.
Business Growth: Discussion on Snag's growth, product range, and future plans to become a billion-pound business.
Entrepreneurial Insights: Brie emphasises the importance of taking risks, being brave, and the value of learning from experience.
Positive News: Brief mention of positive developments in the north of Scotland related to offshore wind projects.
[00:45:30]
Board You Can't Afford
Karen McFadden, founder of Money Insights, has a question for Hunter and Haughey and discusses financial opportunities for businesses.
Keywords:
Gold Investment debate, Government involvement in business, Shipyards and ferry contracts, Political and economic issues, Financial training for politicians, Civil service inefficiencies, Higher pay for politicians, Benefits and employment analysis,Scottish benefits system, Encouraging employment, Benefit cuts implications, Brie Read, CEO of Snag, Snag tights,Business growth,Entrepreneurial journey, Taking risks in business,Learning from experience, Offshore wind projects,North of Scotland developments, Karen McFadden, Money Insights, Financial opportunities for businesses, Go Radio Business Show, Podcast highlights, Business podcast, Entrepreneurial insights
Sunday Mar 16, 2025
Sunday Mar 16, 2025
Go Radio Business Show - Season 10, Episode 9
[00:00:33]
Discussion on Labour Party's Workers' Rights Bill
Sir Tom Hunter expresses concerns about the Labour Party's workers' rights bill, discussing its potential impact on businesses. Highlighting the bill's possible negative effects on business costs.
[00:01:17]:
Nicola Sturgeon's Political Legacy
Discussion on Nicola Sturgeon's decision not to stand for re-election and her impact on Scotland.
Reflection on Sturgeon's approval ratings and her handling of COVID-19.
Critique of Sturgeon's record on education, noting a decline in Scotland's educational standards.
[00:04:28]:
Business Engagement with Government
Discussion about the improved engagement between businesses and the new First Minister and Deputy First Minister. Emphasising the importance of government engagement with business leaders.
[00:06:17]
Dundee University Redundancies
Discussion on the potential redundancies at Dundee University due to financial mismanagement. Speculation on the underlying issues and the impact on the university's life sciences department.
[00:08:24]:
Scottish Government's Net Zero Bill
Criticism of the bill aimed at achieving net zero, arguing it would make people poorer. Detailed discussion on the bill's requirements and its financial implications for homeowners.
[00:13:07]
Electric Cars and Clean Energy
Lord Haughey advocates for a scientific approach to achieving net zero and discusses the potential of clean energy in Scotland. Mention of a Glasgow-based fintech business receiving significant investment.
[00:16:38]
Elon Musk and the American Economy
Discussion on Elon Musk's recent controversies and the impact on Tesla's market value.
Highlighting corruption allegations against the current U.S. administration.
[00:25:25]
Interview with Samantha Smith, Co-Founder of Super Scalers
Samantha Smith, who shares her entrepreneurial journey and the founding of Super Scalers.
[00:32:17]
Sam discusses the importance of supporting underrepresented founders and promoting inclusive business cultures.
[00:45:59]
Board You Can’t Afford
Ralston Contracts - Landscaping Business
Natalie Anderson from Ralston Contracts, discusses the challenges and successes of her landscaping business.
Natalie shares her business goals and the importance of quality and customer satisfaction and has a question for Sir Tom and Lord Haughey.
A link to Senator Chris Murphy's speech that Lord Haughey mentions in this episode below.
U.S. Senator Chris Murphy spoke on the U.S. Senate floor to talk about the Trump administration’s first six weeks in office.
https://youtu.be/hycoCYenXls?feature=shared
Keywords: Business podcast, Go Radio Business Show, Entrepreneurship podcast, Business insights, Business news, Business strategies, Business growth, Business advice, Labour Party workers' rights bill, Nicola Sturgeon political legacy, Scottish politics, Dundee University redundancies, Net zero bill Scotland, Clean energy Scotland, Electric cars transition, Elon Musk, American economy impact, Super Scalers interview, Samantha Smith entrepreneur, Underrepresented founders, Inclusive business culture, Ralston Contracts landscaping, Landscaping business growth
Sunday Mar 09, 2025
Sunday Mar 09, 2025
Go Radio Business Show - Season 10, Episode 8
Business News Highlights
[00:01:21]
Politics and Business
Intertwining of Politics and Business: Discussion on how politics and business have been closely linked over the past six weeks.
US Political Turmoil: Republicans and Democrats clashing, with dramatic scenes involving fire bombs and smoke bombs.
Impact of Tariffs: Tariffs imposed by the US president are raising prices, slowing economic growth, cutting profits, increasing unemployment, diminishing productivity, and increasing global tensions.
[00:05:00]
US and Global Relations
US Isolationism: The US is becoming more insulated, with significant influence from China in the Panama Canal.
Ukraine Conflict: Misrepresentation of financial contributions to the Ukraine conflict by the US and Europe.
Trump's Approach to Ukraine: Trump's focus on economic interests in Ukraine, suggesting access to Ukraine's resources in exchange for support.
[00:10:00]
UK Business and Politics
Rachel Reeves' Spring Statement: Anticipation of the statement with no headroom due to increased borrowing costs.
Workers Rights Bill: Concerns about the bill giving equal protections to new and long-term employees, potentially increasing business costs and inflation.
[00:15:00]
Apprenticeships and Education
Russell Findlay's Proposal: Suggestion that kids should be allowed to leave school at 14 if they have an apprenticeship.
Tax Deductible Apprenticeships: Proposal for making apprenticeship costs tax-deductible to encourage businesses to take on apprentices.
[00:20:00]
Scottish Politics and Business
Inheritance Tax for Businesses: Discussion on the unfairness of the Business Property Relief (BPR) and efforts to address it.
Scottish Elections: Proposal to invite Scotlands leading politicians to discuss their business policies for the upcoming elections.
[00:25:00]
Economic Outlook
Hope for Economic Growth: Despite global turmoil, there is optimism for economic growth.
Scottish National Investment Bank: Investment in high-growth companies and the impact on the economy.
[00:30:00]
Glasgow Business News
Weir Group Acquisition: Glasgow-based Weir Group's acquisition of an Australian software company for $657 million.
Ferry Construction Delays: Three-month delay in ferry construction by a Turkish company due to marine engineering issues.
[00:35:00]
Drinking at Football Matches
Proposal to Allow Drinking: Discussion on the potential lifting of the ban on drinking at football matches, comparing it to rugby matches where drinking is allowed.
[00:21:46]
Interview with Tony Rodgers
Tony Rodgers' background and journey to becoming CEO of Emtelle Group
Insights into the manufacturing industry and the importance of innovation
Challenges and successes in expanding the business globally
[00:45:08]
Board You Can't Afford: Annabelle Beckwith of Yara Journey's Ltd.
Leadership and Talent Development
Importance of growing talent within the company
Strategies for identifying and nurturing future leaders
Question: At what point does a leader need to step back and delegate?
Keywords: business news, leadership, Tony Rogers, Amatil Group, manufacturing, innovation, tariffs, Workers Rights Bill, data centers, Scotland, electric cars, talent development
Sunday Mar 02, 2025
Sunday Mar 02, 2025
Go Radio Business Show Highlights:
[00:01:18]
Labour Party Conference:
Keir Starmer's announcement of £200 million for Grangemouth.
Analysis of the announcement and its implications.
Discussion on the joint venture between Jim Ratcliffe and PetroChina.
Potential for new businesses and investments in Grangemouth.
[00:04:28]
Quangos and Public Authority Bingo:
Russell Findlay and David Hamilton's comments on quangos.
Discussion on the inefficiency of quangos and the need for better management.
[00:08:08]
Tax Rises and Public Services:
Criticism of recent tax rises and the perceived lack of value for money.
Warren Buffett's shareholder letter and lessons on business leadership.
[00:11:51]
Housing and Homelessness:
Discussion on local authorities' spending on temporary accommodation.
Anas Sarwar's plans for housing and rebuilding the country.
[00:15:24]
Regulations and Red Tape:
The impact of regulations on housing and business development.
[00:16:33]
US Investments and Global Politics:
Discussion on Donald Trump's policies and their impact on global business.
German elections and their potential impact on Europe.
[00:35:08]
Glasgow Chamber of Commerce Update: Stuart Patrick
[00:21:00]
£200 million from the UK government's National Rail Fund for Grangemouth.
Potential investments and projects in Glasgow.
Defence spending and its impact on the Clyde.
Glasgow's debt and potential solutions.
[00:35:30]
Special Guest: Colin Rowley, Executive Chair at Dron & Dickson
Dron & Dickson are specialists in supply, installation, and maintenance of electrical equipment in harsh and hazardous environments. With a team of highly trained sales professionals who are CompEx certified, providing exceptional service and support.
Founded in 1927 by Mr Alan Dron & Robert Dickson originally selling explosives to the mining industry, in 1972 Norman & Alan Jr, sons of Alan Dron, begin selling flameproof lighting, cable and equipment to the distillery and shipbuilding sectors.
[00:56:00]
Board You Can’t Afford
Stephen Halpin, Founder Portfolio XD
PortfolioXD provide flexible and affordable, fractional (part-time), highly experienced senior executives for ambitious SME's and scaling businesses.
Question for Hunter and Haughey
When you were scaling your own businesses, was there ever a time when you knew you needed to bring more experienced, top-level C-suite leadership into your business, but hesitated for those or similar reasons?
Sunday Feb 23, 2025
Sunday Feb 23, 2025
Go Radio Business Show - Season 10, Episode 6
Entrepreneurial Spirit and Economic Growth:
[00:02:37]
Mention of Oxford Economics' report on what Scotland could learn from Singapore's model, including necessary legal and policy changes.
[00:04:04]
Emphasis on releasing entrepreneurial spirit in Scotland, with a focus on improving GDP per capita and overall economic growth.
[00:04:31]
Comparison of Singapore's GDP growth from 1965 ($1,200 per capita) to present ($86,000 per capita), highlighting the dramatic economic transformation.
Public Sector and Economic Policies:
[00:06:12]
Discussion on the need for bold economic policies and the role of the public sector in Scotland. Discussion about current policies and calls for radical changes to improve education, healthcare, and the economy.
[00:07:23]
Mixed messages on economic indicators, including interest rates and wage growth, and their implications for the economy.
Interest Rates and Employment:
[00:08:12]
Predictions on unemployment rates and economic adjustments due to new employer contributions and wage growth. Concerns about potential increases in unemployment rates.
Public Sector Efficiency:
[00:09:27]
Debate on public sector efficiency and the influence of business on government policies. Discussion on the need for transparency and accountability in public sector spending.
James Watt
[00:10:00]
James Watt is fast becoming the UK version of Elon Musk. He’s setup what he’s calling a shadow DOGE in an attempt to mirror the influence of business on government that Musk is bringing to the states. Whilst in no way an official body, Watt is launching a hotline for public sector employees to report inefficiencies and promises to release monthly reports highlighting where savings can be made.
[00:12:27]
Skyrora
Whilst Scotland has produced more than a few rockets, most of them MSPs in the green party, the country will see its first proper rocket launched into orbit later this year. Scottish company Skyrora is constructing a 23m rocket called XL to deliver small satellites to space.
Special Guest: Ryan Clark, Security and Technology in Business:
[00:21:12]
Introduction of Ryan Clark, CEO of Safer Group, who shares his background and journey into the security industry.
[00:21:42]
Ryan Clark discusses his initial entry into the security industry as a temporary job, his promotion within the company, and his eventual decision to start his own business focusing on technology-driven security solutions.
Retail and Construction Security:
[00:25:17]
Discussion on the effectiveness of technology in reducing theft and improving security in construction sites. Ryan explains how technology can provide constant monitoring and transparency, reducing the need for physical security guards.
[00:32:47]
Surge in shoplifting and its impact on business. Ryan mentions the deployment of security systems in retail stores to reduce theft and provide reassurance to the public.
[00:33:40]
Comparison of theft in retail and construction industries, with construction experiencing higher losses due to the value of assets on-site.
Insurance and Security Systems:
[00:35:28]
Potential for insurance companies to recommend security systems to builders. Discussion on the challenges of getting insurance companies to recognise and recommend these systems.
Board You Can’t Afford
Fiona McKee is the founder of The HR Practice a HR Consultancy business based in Hillington. Providing HR services to SME and Entrepreneurial businesses.
Prior to launching The HR Practice Fiona was a Global HR Director for SD Worx a payroll business. Fiona is a Non-Executive Board Member at Kilbryde Hospice, Diversity & Inclusion Ambassador for Institute of Directors and Member of the Scottish Economic Advisory Board.
Questions:
Fiona set the business up to focus specifically on M&A due diligence and post acquisition integration however, at the beginning of 2023 M&A market slowed down significantly.
At the same time an accountant approached Fiona to go into a joint venture providing HR services to SME’s. Fiona decided not to do that but instead go after the work independently.
Keywords:
Electric cars, Business transition,Labour growth policies, Singapore economic model, Oxford Economics report, Entrepreneurial spirit, Scotland GDP, Public sector efficiency, Economic policies, Interest rates, Unemployment predictions, Public sector influence, Security technology, Retail theft, Construction security, Insurance recommendations, Business personal life balance