Jess Christman wants to expand his timber business in the Scottish Highlands but is worried that rising interest rates will hinder his investment plans.
The 64-year-old is looking to capitalise on sanctions imposed by the UK on Russia, which has stopped the export of timber to Britain, at the same time as he pays down the debt he had to take on during the Covid pandemic.
“There is a market here for Scottish larch to replace the wood that used to come from Siberia,” he said, explaining there is an opportunity to move from his traditional wood chip operation into making eco lodges using the tree, which grows abundantly in the area.
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