THE chief executive of the Scottish National Investment Bank abruptly quit the role this week.
Eilidh Mactaggart has stepped down from the post with immediate effect, less than two years after being appointed the first head of the new institution in April 2020.
Ms Mactaggart has been replaced on an interim basis by chief financial officer Sarah Roughead, formerly of Scottish Equity Partners.
Hotelier says ‘xenophobic’ Brexit has created ‘impossible’ situation
SCOTTISH hotelier Paddy Crerar says the UK has “been placed in an impossible situation by what seemed to be a xenophobic drive” to take the country out of the European Union and “deny access to a much-needed labour force”.
The industry veteran, who founded and chairs Crerar Hotels, told The Herald: “I find myself more furious by the day on how predictably short-sighted it was for those who chose to ignore simple obvious facts and the inescapable consequences of the ‘get Brexit done’ decision to halt migration."
Energy giant could invest £500m in expanding hydro plant
DRAX chief executive Will Gardiner, has said the energy giant could invest around £500 million in expanding the Cruachan ‘hollow mountain’ hydro power plant in Argyll in a development that would provide work for around 1,000 people.
Mr Gardiner underlined Drax’s belief in the potential value of the Cruachan two development maintaining it could play a key role in the energy transition with relatively limited impact on the landscape.
New drug company looks to raise cash for trials
A NEW Scottish pharmaceutical firm is looking to raise its first round of investment as it prepares to start pre-clinical trials of its controlled drug release technology.
Based on the work of co-founder Alex Mullen, whose research group at the University of Strathclyde developed the technology, Fitabeo’s stamp-sized soluble film provides slow-release medicines to those who have difficulty swallowing traditional pills and capsules.
Family 'sad to see' Loch Ness boat tour firm go after 54 years
THE owners of a family business started 54 years ago have said they will be “sad to see it go” as the firm is put up for sale.
Husband and wife team Ronald and Debi MacKenzie are seeking a new challenge after taking Cruise Loch Ness to five-star status and their youngest children are too young for succession.
Insight, opinion, analysis
Kristy Dorsey: Drive for data accelerates in 'step-change' for businesses
Mark Williamson: Scottish firm that plans to generate energy from gravity in disused mines wins backing
Ian McConnell on Wednesday: Oblivious Rees-Mogg is living in Brexit fantasy land
Scott Wright: Big bonuses aren’t a good look for state-backed bank
Ian McConnell on Friday: Major moves to ease holidays abroad from Scotland’s airports
Brian Donnelly: Sturgeon sanctions call amid Putin whisky threat
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel