Rent Caps, Rockets & Recession: The Forces Reshaping Scottish Business
Go Radio Business Show: Season 10, Episode 13 Episode Highlights [00:01:15] President Trump and China Tariffs Sir Tom and Lord Haughey discuss the latest news, including China's retaliation to US tariffs and the potential global recession. The impact of President Trump's economic policies and tariffs, leading to inflation and recession. [00:02:09] Tariffs and Economic Impact Detailed discussion on the economic impact of tariffs imposed by the US, including potential global recession and inflation. Jamie Dimon and Larry Summers' perspectives on the likelihood of a US recession due to tariffs. The effect of tariffs on major companies like Nike and Adidas, leading to higher consumer prices. [00:08:25] Scottish Government Rent Cap Sir Tom and Lord Haughey discuss the potential introduction of a rent cap by the Scottish government and its implications for investment. Concerns about the rent cap being a barrier to investment and the impact on the housing crisis. [00:16:32] Orbex Rocket Launch Announcement of Orbex launching its first rocket from Scotland, highlighting the significance of space technology and regional development. Discussion on the contributions of Gary Clark, a guest from the previous episode, to the space industry in Scotland. [00:17:30] Attracting Talent to Scotland Discussion on the importance of attracting and retaining talent in Scotland, and the impact of higher income tax rates. Concerns about the SNP's income tax policies and Labour's inheritance tax plans driving away millionaires and affecting tax revenue. Main Guest: Interview with Tony Quinn Tony Quinn, CEO of Silver Cloud and Acumen, shares his entrepreneurial journey, starting from a young age with various small businesses. His experience at NCS and the transition to founding Silver Cloud and Acumen. Challenges faced during the early stages, including cash flow issues and the importance of building a strong management team. The development of Acumen as a cybersecurity business and its growth trajectory. [00:41:30] Board You Can’t Afford: Gary Crawford, founder of Owendale Advisory, discusses AI and its impact on business strategy. The importance of understanding AI as a business challenge rather than just a technology and data issue. Strategies for creating a new market and helping businesses realise the potential of AI. Gary also has a question for Sir Tom and Lord Haughey. Keywords: Sir Tom Hunter, Lord Willie Haughey, Scottish Whisky, US Tariffs, Global Recession, Scottish Government Rent Cap, Orbix Rocket Launch, Attracting Talent to Scotland, Cybersecurity Innovations, AI in Business Strategy, Entrepreneurial Journey, Silver Cloud, Acumen.