FOR IMMEDIATE RELEASE 24/02/16

ATTN NEWS DESKS/ BUSINESS CORRESPONDENTS

SALMOND PRAISES SCOTS LEADING LIST OF '1,000 COMPANIES TO INSPIRE BRITAIN'

MP for Gordon, Alex Salmond, has commended the success of Scottish companies after the London Stock Exchange announced that Scots enterprises among their '1000 Companies to Inspire Britain' were the fastest growing in the UK. 

Among the companies, who achieved an average growth in annual turnover of 83%, sixteen are situated in the Aberdeen area. 

These companies grew their turnover by an average of 209%. 

The figures were announced as business advisory firm BDO LLP revealed that food and drinks firms in Scotland expected to grow by 20% next year. 

Mr Salmond said: 

"The news that Scottish businesses are leading the way is excellent. To hear of the widespread successes in Aberdeen is especially encouraging for me as MP for Gordon, but not overly surprising. I know only too well of the talent which exists in my constituency and in the surrounding areas. 

"The likes of brewers Brewdog and deep-sea robotics company Rovop have consistently shown their worth and are a credit to Scottish businesses across the land. 

"And whilst it is the self-belief, industry and talent of these companies which has seen them placed on this pedestal of success, let us not forget the support of the SNP, who are constantly exploring new ways to support Scottish businesses in reaching their fullest potential." 

ENDS

In a previous statement, SNP MSP for Aberdeen Donside Mark McDonald said:

“It is encouraging to see small and medium sized enterprises based in Scotland recognised for their inspirational growth and that food and drink sector, which is already worth £11 billion, is optimistic about future growth.
 
“I am also delighted that sixteen of the inspirational companies are based in Aberdeen and that on average these companies grew their turnover by an astonishing 209 per cent over the year.
 
“The SNP is committed to supporting small businesses in Scotland –spending on enterprise and economic development is more than double the UK average and almost 100,000 companies are supported through the Small Business Bonus Scheme.
 
“The SNP has a strong track record in government of supporting businesses and growing the economy – if re-elected we will work tirelessly to build on this record to deliver a fairer and more prosperous Scotland.”

 

 
The BDO LLP survey is reported here: http://www.bbc.co.uk/news/uk-scotland-scotland-business-35625944
 
The LSE report is reported here: http://www.scotsman.com/business/markets-economy/scots-firms-leading-the-way-in-study-of-inspirational-smes-1-4035419
 
Scottish Parliament Information Centre analysis shows that in 2013-14 spending in Scotland on supporting businesses and the economy was £196.90 per head compared to £82.30 in the UK as a whole. Almost 80% of this spending in Scotland came from the Scottish Government and its agencies.