A new £10 million business park at the site of a landmark former industrial giant has been given the green light.
It was described as a “significant milestone” in the push to bring back to life one of Scotland’s most famous industrial areas.
Fusion Assets received planning permission for a new employment hub at Ravenscraig, which was formerly home to one of the country’s biggest steel works until its closure in 1992.
The new site will include a mix of industrial buildings for small and larger businesses spanning a total of 62,000 square feet, with space for office, industrial, distribution, and storage activity. Three standalone buildings will accommodate larger businesses while a fourth structure will be divided into seven units for smaller enterprises.
The six-acre site is strategically located opposite the Ravenscraig Regional Sports Facility and is part of SevenFourEight, a new production and logistics hub at the heart of Ravenscraig.
Read Scott Wright's story here
Scottish bus company buys coach operator
Aberdeen-based FirstGroup has bought a coach operator, and highlighted its appetite for other purchases.
The bus and rail group has acquired Anderson Travel, which it described as a “highly experienced” coach operator providing contracted school, private-hire, mini-coach and tour services in and around London.
Anderson has around 40 coaches of varying sizes with bases in central London and Heathrow, FirstGroup noted.
Read Ian McConnell's story here
Royal Dornoch in six-figure acquisition to expand course
One of Scotland's premier golf clubs has taken a step towards long-held expansion plans with the six-figure acquisition of 50 acres of linksland.
Royal Dornoch has closed the deal more than a decade after one of its members, architect Tom Mackenzie, identified land beyond the 10th hole of the Struie Course as ideal for development. General manager Neil Hampton said the purchase is an "exciting milestone" for the club, which will be hosting the 2028 Curtis Cup.
“Tom said this parcel of land, which mirrors the landscape of holes seven to 14, would be ideal for any further development should it ever become available,” Mr Hampton said. Some sketches of the potential holes were incorporated into a 2013 master plan prepared by the firm Mackenzie and Ebert for Royal Dornoch.
Read Kristy Dorsey's story here
BUSINESS BRIEFING 📈
Hundreds take up share offer to save 'vital' village shop
A village community in Scotland has stepped up to raise funds to save its only store.
This article is from the daily Business Briefing.
Some 259 investors contributed to help reopen the village shop in a community with around 900 residents.
The venture, Gargunnock Community Shop Limited, has hailed the “successful completion of its community share offer, exceeding expectations”.
The 259 investors contributed a total of £65,415, and the firm said the achievement “highlights the strong support from the Gargunnock community for reviving a vital village amenity”. Located on the outskirts of Stirling, Gargunnock faced a setback three years ago when its local shop closed after a fire, leaving residents without easy access to essential goods.
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