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[BUSINESS] · United Kingdom · 2 sources

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Argyll and Bute reports strong economic growth and business support

economic growth business start-ups employment rates UK Shared Prosperity Fund economic strategy

Argyll and Bute Council has reported strong economic performance for the 2025/26 period, highlighted by the support of 147 new business start-ups. These new businesses are projected to generate a turnover of £7.2 million and have contributed to the creation of 188 jobs.

According to a report presented to the Environment, Development and Infrastructure Committee, the council’s employability programmes assisted 418 individuals in seeking employment. The region achieved a job-start rate of 43%, which exceeds the Scottish average of 32%.

Investment efforts included £1.47 million from the UK Shared Prosperity Fund and £470,000 through Community Led Local Development funding, supporting 20 local projects. Building on these results, the council has introduced a refreshed Economic Strategy Action Plan for 2026-2029 to drive further regional opportunities.

Entities

Argyll and Bute Council

Sources

Notice of Election – Bridport Town Council – Bradpole Ward - Bridport Town Council [www.bridport-tc.gov.uk]
Strong economic results pave the way for new opportunities across Argyll and Bute [www.argyll-bute.gov.uk]