A SCOTTISH shipyard has won major contracts to supply warships to Europe.
Babcock International, which has also started building the first of five Royal Navy frigates at Rosyth under Britain’s Type 31 programme, is supporting the construction of three ships marketed as Arrowhead 140 frigates in Polish shipyards.
David Lockwood, Managing Director of Babcock, said: “Driven by innovation and backed by heritage, the Arrowhead 140 frigate is built on British ingenuity and engineering.
“But above all, we look forward to working with Poland as it develops and increases its shipbuilding capability, creating real social and economic benefits for the country.
“As well as delivering a first-class frigate that will make a significant contribution to Poland’s sovereign defense capability, this is a demonstrable commitment to a long-term industrial relationship between the UK and Poland. ”
ALDI has entered the UK food industry’s top four for the first time, underscoring consumers’ appetite for more competitive prices as the cost of living crisis deepens.
The German discounter increased its share of the UK grocery market to 9.3% in the 12 weeks to September 4, helping it replace Wm Morrison as the country’s fourth largest supermarket.
THE CEO of struggling healthcare company Omega Diagnostics has paid tribute to his predecessor Colin King for his “honourable” stewardship during a tumultuous year that forced a leadership change at the company.
Jag Grewal’s comments came as Omega confirmed discussions were continuing on returning initial payments of £2.5million to the Department of Health and Social Care (DHSC) as part of a ill-fated contract to supply the UK government with Covid tests. kits.
SCOTLAND’s private sector economy contracted in August for the first time in 18 months, according to a key survey.
The Royal Bank of Scotland’s Business Activity Index for Scotland, which measures manufacturing and services output, fell from 50.2 in July to 47.8 in August on a seasonally adjusted basis, dropping below 50 unchanged for the first time since February last year.
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