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FIFE SET FOR TRADE WINDFALL AS UK GOVERNMENT UNVEILS NEW INTERNATIONAL TRADE STRATEGY

InvestFife news

June 26, 2025

Businesses in Fife are set for a trade windfall as the UK Government publishes its new International Trade Strategy today [Thursday 26 June 2025]. Scottish Secretary Ian Murray will visit St Andrews in Fife to discuss the new opportunities with local businesses.

The publication of the International Trade Strategy comes days after the UK Government published its Industrial Strategy and weeks after agreeing a trio of trade deals with the US, EU and India.

On his visit to St Andrews, Mr Murray will:

  • Meet senior staff at the University of St Andrews to hear about the cutting-edge work being done at their Eden Campus.
  • Meet the owners of Eden Mill St Andrews to learn about their ongoing construction of a new, bigger distillery at the University of St Andrews Eden Campus. Scottish distillers will benefit from the UK Government’s international trade deals.
  • Meet The R&A and the St Andrews Links Trust to discuss the role of golf in Scotland’s economy.

Speaking ahead of his visit, Mr Murray said:

“Businesses in Fife, and right across Scotland, are set to get a trade windfall thanks to the UK Government’s new International Trade Strategy. The UK Government’s number one mission is growth, and our new trade and industrial strategies put Scotland right at the heart of this growth. This is all part of Our Plan for Change, which will grow our economy and put more money in people’s pockets.

“I’m really looking forward to visiting St Andrews today to hear more about the University’s Eden Campus, Eden Mill’s expansion plans, and the work of The R&A and the St Andrews Links Trust to drive the growth of golf as a key pillar of Scotland’s tourism and events sector.”

The University of St Andrews’ Eden Campus aims to create a global research and innovation hub focused on sustainability and low-carbon solutions. It received a £24.5 million investment from the UK Government as part of the Tay Cities Region Deal.

Eden Mill’s new distillery at the University of St Andrews’ Eden Campus became operational in April this year and is now producing both single malt whisky and gin on-site. Their visitor centre will open its doors to the public in August.

Research on behalf of the St Andrews Links Trust shows that golf visitors support 1,686 fulltime jobs in St Andrews, and 4,345 across Scotland. For every £1 that is spent on golf, an additional £3.43 is generated for other businesses in St Andrews. More than 100,000 visitors a year play on St Andrews Links, 91% from outside Scotland, with 78% visiting specifically for golf.

*Image and press article provided by the UK Government Scotland.

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