The Channel logo

News

By | John Oates 5th November 2010 12:32

HP pockets half of all Scottish development cash

£7m to create 721 jobs

Figures from Scotland's Regional Selective Assistance fund show that ink giant HP snaffled almost half the total cash given out in the last quarter.

Between July and September, Scottish Enterprise via RSA gave out £14.8m. HP Enterprise Services UK Ltd got £7m of this to create 721 jobs in Erskine.

In total, the £14.8m grants will create 1,447 jobs and keep another 470 posts safe.

Scottish manufacturing firms, 16 of them, collected £2.5m to create or safeguard 368 jobs.

The Scottish government has been criticised for handing money to HP, and other "footloose overseas corporations".

In May last year HP cut 850 people making storage devices and servers when it shifted production to the Czech Republic.

After HP, the next biggest payout of £1.7m which went to Vertex, which promised to create 368 back-office jobs in Glasgow, the Herald reports. ®

comment icon Read 12 comments on this article alert Send corrections

Opinion

Trevor Pott

Why aren't you, personally, stopping the moronocalypse?
Star Trek Into Darkness

Chris Mellor

Federation fissiparousness to form co-ordinated divisions
iot_internet_of_things

Chris Mellor

EMC is ahead overall with HDS mounting an IoT catch-up

Features

Lego gandalf by https://www.flickr.com/photos/isherwoodchris/  CC 2.0 https://creativecommons.org/licenses/by-sa/2.0/ attribution sharealike
Why interconnectivity in the cloud is tougher than just stacking bricks
Handing over dollars picture via Shutterstock
Steve Ballmer. Pic:  Aanjhan Ranganathan
Nokia is the biggest write-off yet, but it wasn't the first
Confused computer keyboard
Last Christmas, I gave you my Cloud, the very next day you gave it away