Scotland’s Leading Business Podcast: Scottish Entrepreneurs Sir Tom Hunter & Lord Willie Haughey Discuss Business and Chat to Douglas Martin - Founder and Managing Director of Mialgae Ltd
The Go Radio Business Show with Hunter & Haughey. Scotland’s Business Podcast. - A podcast by Go Radio - Sundays
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Episode Summary and Highlights: Scotland’s Clean Energy Potential: Discussion on Scotland’s potential to be the first country fully supplied by clean energy. Announcement of Scottish Power’s £12 billion investment in clean energy. [1:26] Investment and International Interest: Information about Scottish Power’s ownership by Spanish company Iberdrola and the positive outlook on the UK as an investment destination. Government’s Role in Clean Energy: Praise for government efforts in reducing planning permission time and the impact on investment barriers. [3:03] Future of Planning and Investment: Debate on the need for quicker planning processes and the potential benefits of reducing planning time to 12 months. Battery Storage and Hydropower: Discussion on an article by Mark Wilson, CEO of Intelligent Land Investments, about the benefits of battery storage and hydropower. Consideration of inviting Mark Wilson to the show to discuss achieving net zero and 100% clean energy. [4:06] Heat Pumps and Job Concerns: Addressing concerns from the Institute for Public Policy about potential job losses due to a slowdown in heat pump installations. Emphasis on the importance of insulation as a cost-effective alternative to heat pumps. [5:08) Importance of Battery Storage: Highlighting the potential of battery storage in achieving clean energy goals. Pace of Change in Business: Discussion on the rapid pace of change in business and the need for quicker government processes like planning permission. [6:08] Ferry Construction Issues: Issues with the ferry being built in Greenock, including outdated technology and infrastructure problems. [6:51] Brewdog Contamination Incident: News about Brewdog having to destroy over a million pints due to contamination, and the impact on the company. [7:25] Elon Musk and Driverless Taxis: Debate on Elon Musk’s announcement of driverless taxis and the potential impact on the market. Discussion on the feasibility and timeline of Musk’s projects and their effect on Tesla’s share price. [11:27] American Election and Its Impact: Discussion on the potential impact of the American election on Scotland. Concerns about Donald Trump’s possible re-election and Elon Musk’s influence through his social media platform. Elon Musk’s Political Involvement: Analysis of Musk’s support for Trump and his potential role in the government. Discussion on Musk’s ambitions to improve government efficiency. [13:03] Meeting with Keir Starmer: Willie shares his recent one-on-one meeting with Keir Starmer. Discussion on the importance of supporting entrepreneurs and business people for economic growth. Emphasis on the need for the government to deliver on their promises. [15:00] Capital Gains Tax Concerns: Discussion on the potential changes to capital gains tax and its impact on wealth creators. Analysis of the behavioural changes in response to tax adjustments. [16:02] Tax Reduction for Creative Industries: Announcement of a 53% tax reduction for investments in films up to £15 million. Discussion on the positive impact on the film industry in Scotland. [17:02] Portugal’s Tax Haven for Young People: Discussion on Portugal’s new policy to retain young talent by offering zero income tax for the first year and reduced taxes for ten years. People around the world are thinking better than our current government. (18:50) And it's not good enough for us. (18:52) We're in a global competition for talent. [19:00] Dame Anne Glogg Cleared of Charges: Announcement that Dame Anne Glogg will face no charges and no further action regarding the long-standing investigation. Discussion on the waste of taxpayers’ money and police time, and the stress caused to Dame Anne and her family. Recognition of Dame Anne’s significant contributions to charity and business in Scotland. Hunter and Haughey's special guest this week is Douglas Martin - Founder and Managing Director of Mialgae Ltd. Douglas is a biotech en