Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Business

Posted By Jessica Weisman-Pitts

Posted on December 2, 2024

Scottish Power invites Grangemouth, ISG workers to apply

LONDON (Reuters) – Iberdrola’s Scottish Power said it is seeking 1,000 recruits next year and has urged workers facing redundancy at the Scottish Grangemouth oil refinery and British construction firm ISG to apply for roles.

Britain increased the ambition of its climate targets at last month’s annual U.N. climate talks and said it is aiming to create thousands of green jobs through investments in technology to curb emissions.

Glasgow headquartered Scottish Power is investing 24 billion pounds ($30.50 billion) between 2024 and 2028 in power infrastructure needed to help Britain meet its climate goals.

“Workers at both Ineos (Grangemouth) and ISG will have the sought after skills we are looking for and we have the jobs to match,” Sarah McNulty, people and organisation director at Scottish Power, said in a statement.

The Grangemouth oil refinery, owned by Petroineos a joint venture between PetroChina International London and INEOS Group, is set to close in the second quarter of next year under plans to turn the 100-year old site into a fuels import terminal leading to the loss of around 400 jobs.

ISG, owned by the U.S. firm Cathexis, collapsed last year leading to more than 2,000 redundancies.

($1 = 0.7868 pounds)

(Reporting by Susanna Twidale; editing by Jason Neely)

Recommended for you

  • Alaamry Global Capital’s Annual Letter: Saudi Investor Khalid Alaamry on Strategic Thinking for International Markets.

  • Enhancing Guest Loyalty in Hospitality: The Impact of Personalized Services on Customer Satisfaction

  • Building Brand Equity in Luxury Goods: The Role of Heritage and Craftsmanship