Yesterday it was announced that Havelock Europa, based in Kirkcaldy, lost £2 million off the value of its shares after it announced the loss of a contract worth up to £14 million to the company.

Understandably this has led to a fear of further job losses on top of the 50 announced earlier this year. I have spoken to senior management in the company who have assured me that they are doing all they can to mitigate the impact of yesterday’s announcement.

I will continue to keep in contact with the company to ensure that they have all the support they need in their plans to diversify and maintain as much of their workforce as possible.