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Ian Mcconnell

Ian Mcconnell

Herald Scotland

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Ian McConnell: Scottish players focus as Trump makes first big moves on tariffs

Ian McConnell: Scottish players focus as Trump makes first big moves on tariffs

Much has been made of the unpredictability of a Donald Trump administration in the US - probably for good reason given his previous term as President....

previous day 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Scottish hotel highlights array of challenges of island life The Scottish island hotel has faced an array of challenges

Ian McConnell: Scottish hotel highlights array of challenges of island life The Scottish island hotel has faced an array of challenges

Speaking to Auchrannie Resort’s finance director this week, one thing which came across very clearly was the array of challenges facing a Scottish...

23.01.2025 3

Herald Scotland

Ian Mcconnell

Ian McConnell: A huge moment, one way or the other, for crucial Scottish sector

Ian McConnell: A huge moment, one way or the other, for crucial Scottish sector

It would be difficult to overstate the degree to which Boaz Weinstein’s salvo at seven investment trusts, three of them run from Edinburgh by...

21.01.2025 3

Herald Scotland

Ian Mcconnell

Ian McConnell: £12bn Scottish fund manager reveals views on Musk’s Trump push The manager of the £12 billion Scottish Mortgage Investment Trust revealed his views on Elon Musk’s Trump push

Ian McConnell: £12bn Scottish fund manager reveals views on Musk’s Trump push The manager of the £12 billion Scottish Mortgage Investment Trust revealed his views on Elon Musk’s Trump push

Donald Trump and Elon Musk were very much in focus in Edinburgh on Wednesday as the managers of the £12 billion Scottish Mortgage Investment Trust...

18.01.2025 3

Herald Scotland

Ian Mcconnell

Ian McConnell: Scotland hotels group wins from oft-overlooked but very valuable thing The Scottish hotels group highlighted the benefits of an often-overlooked thing

Ian McConnell: Scotland hotels group wins from oft-overlooked but very valuable thing The Scottish hotels group highlighted the benefits of an often-overlooked thing

Too often in the business world, especially these days, short-termism is the order of the day. This should perhaps be no great surprise. Executive...

16.01.2025 10

Herald Scotland

Ian Mcconnell

Ian McConnell: Compelling case for reversing Brexit but is it over-optimistic? The paper focuses on the idea of the UK Government reversing Brexit

Ian McConnell: Compelling case for reversing Brexit but is it over-optimistic? The paper focuses on the idea of the UK Government reversing Brexit

Former Member of the European Parliament Andrew Duff’s analysis on the idea of reversing Brexit, published last week, makes a coherent and indeed...

14.01.2025 6

Herald Scotland

Ian Mcconnell

Ian McConnell: Sorry Mr Musk but numbers show Scotland is great place to invest Elon Musk looks to have hit a bum note with his musings

Ian McConnell: Sorry Mr Musk but numbers show Scotland is great place to invest Elon Musk looks to have hit a bum note with his musings

From a Scottish perspective, Tesla and SpaceX leader Elon Musk looks to have hit a bum note with his musings about the propensity of companies to...

11.01.2025 3

Herald Scotland

Ian Mcconnell

Ian McConnell: Post-apocalyptic vibe on Glasgow street but city has much to celebrate 'There has at times been a distinct post-apocalyptic feel'

Ian McConnell: Post-apocalyptic vibe on Glasgow street but city has much to celebrate 'There has at times been a distinct post-apocalyptic feel'

There was much food for thought provided by Glasgow Chamber of Commerce’s chief executive when I interviewed him recently. Among the most...

09.01.2025 8

Herald Scotland

Ian Mcconnell

Ian McConnell: Scottish economy prospects daunting. Here's why. The Scottish economy's prospects look daunting - here is why

Ian McConnell: Scottish economy prospects daunting. Here's why. The Scottish economy's prospects look daunting - here is why

Much is uncertain as we proceed - perhaps warily given the somewhat miserable economic backdrop that has dominated for the best part of two decades...

07.01.2025 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Brexit squad surrendering to what? Reason? This might surprise some, given the fervour with which the cause was promoted by the Brexit camp

As another year dawns, Brexit remains the issue that will just not go away for the UK. Of course, so many Brexiters appear to have for so long now...

02.01.2025 30

Herald Scotland

Ian Mcconnell

Ian McConnell: Scotland question as many hundreds of jobs shed by household names Many hundreds of jobs are being lost from the combined workforce of the two companies, both of which are major employers in Scotland

It might have been the week of Christmas but that did not stop two household names in insurance, both with major Scottish connections, unveiling a...

31.12.2024 3

Herald Scotland

Ian Mcconnell

Ian McConnell: A tumultuous year and a big challenge for SNP in 2025 The relationship between the Scottish Government and business has once again been to the fore

During what has been a somewhat tumultuous year on the political front, the relationship between the Scottish Government and business has once...

28.12.2024 30

Herald Scotland

Ian Mcconnell

Ian McConnell: Antidote to jeering and sneering over Ferguson Marine shipyard 'It is difficult not to see parallels between Ferguson Marine and Prestwick Airport

Clyde shipbuilder Ferguson Marine, under the ownership of the Scottish Government since falling into administration in 2019 and lamentably but not...

24.12.2024 6

Herald Scotland

Ian Mcconnell

Ian McConnell: The right person in the right place at the right time amid fears Brexit-loving government of Boris Johnson, for all its ideological wooing of Mr Trump, did not translate this pandering into any major gains

Lord Peter Mandelson becoming UK ambassador to the US would put a heavyweight political veteran with deep trade experience on the front line of...

21.12.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: This 'disaster' surely makes grim reading for an open-minded Brexiter It must surely make miserable reading for any Leavers with open minds

If Sir Keir Starmer or anyone in his Cabinet have not yet read the London School of Economics and Political Science’s paper on the effect of Brexit...

21.12.2024 40

Herald Scotland

Ian Mcconnell

Ian McConnell: What kind of person would want Ferguson Marine to fail? Who would not want the shipbuilding capacity we have at this yard to continue for decades to come?

Given all the political mudslinging that has gone on over Ferguson Marine, the thoughts of a Scottish engineering industry leader on the Port...

19.12.2024 20

Herald Scotland

Ian Mcconnell

Ian McConnell: Finally a point of light on Brexit front from Labour? The trip never looked likely to fuel any kind of hopes of meaningful mitigation of the Brexit damage but there was one point of light later in the week

Brexit has been back in the spotlight in the last week, in large part because of Rachel Reeves becoming the first UK Chancellor to attend a meeting...

17.12.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: A crucial ray of sunshine amid great British gloom Airlines and holiday companies are providing crucial cheer amid great British gloom

The mood in Britain seems far from merry as we head towards Christmas. Households continue to carry the enormous burden of the cost of living...

14.12.2024 10

Herald Scotland

Ian Mcconnell

Package holiday and airline giant reveals results and price moves

Package holiday giant and airline TUI has revealed record profits from its hotels and resorts, and cruises divisions, while reporting a 33% surge...

13.12.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Please can Labour stop kidding itself on Brexit It is imperative to strip away the gloss and consider the substance of the matter

When it comes to politicians, it is imperative to strip away the gloss and consider the substance of the matter. Chancellor Rachel Reeves’s trip...

12.12.2024 10

Herald Scotland

Ian Mcconnell

Ian McConnell: Huge gulf between prospects for different parts of Scotland

The gulf between the projected economic performance of Glasgow and Edinburgh on the one hand - and rural and island areas of Scotland and Aberdeen...

09.12.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Bad news for Prestwick Airport's detractors and rattled Brexiters Prestwick Airport has revealed some good news, and two of Scotland's airports are changing hands in a major deal

Scotland’s airports have been very much in focus in the last month, with Prestwick recording a fifth consecutive annual profit under Scottish...

06.12.2024 5

Herald Scotland

Ian Mcconnell

Ian McConnell: Amid whingeing and griping, has SNP been getting things right? There are plenty of people happy to pan the Scottish Government at every opportunity

There are plenty of people, within and outwith the business world, who are happy to pan the Scottish Government at every opportunity. Most of the...

04.12.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Does the SNP face an impossible task? This might feel at times like an impossible task for the SNP

Consumers’ continuing voracious appetite for overseas holidays has been thrown into stark relief again in recent days. easyJet last Wednesday...

02.12.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Will SNP government ever be able to please business community?

As the Scottish Budget looms, large segments of the business community appear to be oozing discontent. It is fair to say relations between the...

29.11.2024 3

Herald Scotland

Ian Mcconnell

Ian McConnell: What did Jet2 tell us about what's going on with package holidays? The package holiday giant and airline’s latest results made for fascinating reading

Package holiday giant and airline Jet2’s latest results made for fascinating reading. The general tone around the economy, notably including from...

27.11.2024 3

Herald Scotland

Ian Mcconnell

Ian McConnell: Time to face up to the Brexit consequences It is time to face up to the Brexit consequences, as those who dare to point them out draw flak

Brexit has been sharply in focus again in the aftermath of Bank of England Governor Andrew Bailey having offered his tuppence worth on something...

25.11.2024 3

Herald Scotland

Ian Mcconnell

Ian McConnell: Why free university tuition is crucial to Scotland Those listening to critics of free university tuition might be forgiven for thinking Scottish universities were in danger of being sent back to the Stone Age

The topic of free university tuition for people in Scotland has been back in the headlines in recent days. It is never that far from the headlines...

22.11.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Home truths infuriate in-denial Brexiters It says much about the in-denial Brexiters that a simple statement of fact has set the cat among the pigeons

It says much about the in-denial Brexiters that a simple statement of fact from the Bank of England Governor, made in the most cautious of ways,...

20.11.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Huge developments for Scottish airports

It has been a big week for Scottish airports. Last Monday, Prestwick Airport revealed that it had made a fifth consecutive annual profit. This is...

18.11.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: What will major change mean for Glasgow and Aberdeen airports?

News that the owner of Glasgow and Aberdeen airports is being acquired by one of Canada’s largest pension investors came somewhat out of the blue...

15.11.2024 6

Herald Scotland

Ian Mcconnell

Ian McConnell: Hopefully Prestwick Airport’s corrosive detractors are happy now? Hopefully the corrosive carpers over Prestwick Airport are happy now?

It was extremely heartening to learn on Monday that Prestwick Airport had achieved a fifth consecutive year of profit. You would imagine this news...

13.11.2024 5

Herald Scotland

Ian Mcconnell

Ian McConnell: Center Parcs and Oban hotelier give us something to cheer

Tourism has been very much in focus in Scotland in the last week, in a positive way. Donald Trump’s presidential election victory naturally...

11.11.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Would first Center Parcs Scottish village be good for Borders? Center Parcs has revealed plans to build a huge holiday village in the Scottish Borders

It would be difficult to overstate the scale of the employment and economic boost to the Scottish Borders promised by Center Parcs. The holiday...

08.11.2024 3

Herald Scotland

Ian Mcconnell

Ian McConnell: Scottish seaside hotel manager's observations grab attention The observations of the hotel manager in the seaside town grabbed the attention

The rallying call from an Oban hotel manager, hammering home the importance of driving winter tourism at seaside towns such as the one in which he...

06.11.2024 4

Herald Scotland

Ian Mcconnell

Hotelier in Scotland's Town of the Year urges year-round seaside tourism drive 'In fact, we do get guests staying looking for a true Scottish experience - including the weather'

It is “vital” hoteliers play their part in ensuring tourism in some of Scotland’s “most iconic locations” can be sustained year-round, a...

04.11.2024 2

Herald Scotland

Ian Mcconnell

Ian McConnell: Not a happy situation for UK, which does not have its troubles to seek For the avoidance of doubt, that is a very big effect. And it is not a happy one for a UK economy that does not have its troubles to seek

It has been quite a week, with Rachel Reeves delivering a seismic Budget. Given the number of Budgets and other fiscal events during years of...

04.11.2024 2

Herald Scotland

Ian Mcconnell

Ian McConnell: ‘Their Brexit deal’? But Labour has opted for 'scandalous destruction' 'It was good to hear the Chancellor acknowledge the truth of the Brexit situation'

Rachel Reeves mentioned Brexit briefly in her Budget speech. Referring to the Conservatives, she declared: “Their Brexit deal harmed British...

01.11.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Amid a flurry of Budgets, this was a very big one We have had a flurry of Budgets and other fiscal events in recent years amid much political volatility and upheaval but this one stood out

Rachel Reeves’ Budget felt like a very big one indeed, with a major call in hiking employers’ national insurance contributions by £25 billion a...

30.10.2024 2

Herald Scotland

Ian Mcconnell

Ian McConnell: Grim numbers for SNP Government but it has right to be aggrieved

The latest survey of the attitude of businesses to the Scottish Government surely makes for miserable reading for the SNP. The findings are stark....

30.10.2024 3

Herald Scotland

Ian Mcconnell

Ian McConnell: Labour embraces colossal damage, rejects solutions The elephant in the room has been looming large but Keir Starmer has continued to studiously ignore it

The elephant in the room has been looming large but Sir Keir Starmer has continued to studiously ignore it. That elephant, for anyone who has...

28.10.2024 3

Herald Scotland

Ian Mcconnell

Ian McConnell: Beware – surge in house prices is double-edged sword The surge in Scottish and UK house prices is a double-edged sword

While the overall mood has been more than gloomy amid some grim signals from the new Labour Government on what the October 30 Budget might hold,...

25.10.2024 3

Herald Scotland

Ian Mcconnell

Ian McConnell: Wakey, wakey Sir Keir - you should see this

What business most wants to see from the new Labour Government, revealed in a survey published this week, should provide much food for thought for...

23.10.2024 2

Herald Scotland

Ian Mcconnell

Ian McConnell: Trepidation over UK Budget grows

As we await the new Labour Government’s Budget on October 30, there seems like a lot more gloom and trepidation than hope when it comes to the...

14.10.2024 2

Herald Scotland

Ian Mcconnell

Ian McConnell: Nauseating and excruciating in equal measure

It has been nauseating and excruciating in broadly equal measure to observe Boris Johnson trying to claim Brexit has somehow been positive as he...

11.10.2024 1

Herald Scotland

Ian Mcconnell

Ian McConnell: He makes Rev. I.M. Jolly look upbeat

To say that Sir Keir Starmer has made Rikki Fulton’s Reverend I.M. Jolly character look upbeat would not be too much of a stretch. And at least...

09.10.2024 2

Herald Scotland

Ian Mcconnell

Ian McConnell: Storm over Scottish rail fares has missed the point Peak rail fares have been the subject of some very heated debate

The return of peak rail fares has been the subject of some very heated debate in the last week. It is, as noted in my column in The Herald on...

07.10.2024 5

Herald Scotland

Ian Mcconnell

Ian McConnell: The sad story of Grangemouth The effect of job losses on this scale must not be underestimated

Even though it was an eventuality well trailed by Petroineos back in November, confirmation last month Grangemouth oil refinery would be closing...

05.10.2024 4

Herald Scotland

Ian Mcconnell

Ian McConnell: Laughable Labour should put money where mouth is on ScotRail fares It has been difficult not to be aghast at Scottish Labour’s bellyaching about the decision by the SNP Government to reintroduce peak fares at ScotRail

It has been difficult this week not to be aghast at Scottish Labour’s criticism of the decision by the SNP Government to reintroduce peak fares at...

04.10.2024 8

Herald Scotland

Ian Mcconnell

Ian McConnell: Whisky giant not shouting from rooftops. So what’s going on? The Scotch whisky giant appeared to adopt an understated approach

Scotch whisky distiller William Grant & Sons unveiled its latest financial results in a somewhat understated manner this week. In a press release,...

02.10.2024 5

Herald Scotland

Ian Mcconnell