September update from Sales Director, Gavin Mochan

According to national statistics, unemployment in Scotland increased by 3,000 reaching 155,000 between April and June.  This takes the working population of Scotland to 2.6 million, up 1%, or 29,000 in real terms, from the same period last year.

The Scottish unemployment rate is now 5.6%, on par with England.  Interestingly the split is not even across genders.  It appears that women are performing better in the jobs market than men – with unemployment for women in Scotland at 4.9%, compared to 6.3% for men.

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Movers and Shakers in Corporate Scotland

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Scottish Equity Partners (SEP) has expanded its infrastructure team by appointing Adam Delaney as director of finance and Romain Keyen as associate.

Mr Delaney, who is based in SEP’s new Edinburgh office, is responsible for infrastructure fund accounting and assume the role of finance director for its utility infrastructure business, Indigo Pipelines.

He previously worked with both Grant Thornton and Baker Tilly before moving into finance management across infrastructure projects in the healthcare, education and defence sectors.

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