Scottish Government

Spending cuts of £615 million were announced by the Scottish Government in its emergency budget alongside measures help to those most impacted by the cost of living crisis. The Emergency Budget Review (EBR) for 2022-23 identifies funding of around £35m for a range of initiatives to suppo

Scotland’s onshore GDP fell by 0.3% in August, after remaining flat (0.0% growth) in July, according to statistics announced yesterday by Scotland's Chief Statistician. In the three months to August, GDP is estimated to have fallen by 0.8% compared to the previous three-month period.

A business survey by the Scottish Chambers of Commerce (SCC), has shown the Scottish economy struggling against a growing whirlwind of pressures including increased input costs, inflationary hikes, mis-judged economic policy choices by the UK government and increased pessimism over the global econom

A critical milestone has been reached in a £7.4m project to rebuild Shetland's world-renowned bird observatory on Fair Isle with the arrival of the first of the building's modules. The project, which is led by Fair Isle Bird Observatory Trust (FIBOT), will create seven new green jobs, hel

The Scottish Government has set its focus on nurturing economic ties with the US and Canada as currently trade minister Ivan McKee is on a trade visit to the two countries in a bid to strengthen economic connections, attract investment into Scotland and boost exports. It comes the same week as the S

An independent Scotland will adopt a new currency "as soon as practicable" under economic plans unveiled by First Minister Nicola Sturgeon today. A new paper, titled "Building a New Scotland: A stronger economy with independence", sets out the Scottish Government's economic prospectus for independen

Plans for the refurbishment of Brookwood Villa in Bearsden have taken a significant step forward with financial close achieved on the £2 million project. A landmark agreement has been reached between East Dunbartonshire Council, development partner hub West Scotland and main contractor Linear

Projects across the North East and Moray will receive a share of over £50 million to accelerate the energy transition and secure future jobs in the region. A total of 22 projects will receive funding, including investments in: research and innovation; new green skills training facilities; pilo

Eilidh Mactaggart, the former chief executive of Scotland's state-backed investment bank, The Scottish National Investment Bank (SNIB), was paid more than twice as much as First Minister Nicola Sturgeon. The SNIB's first year results have revealed that Ms MacTaggart received almost £350,000, d

The Scottish Government has confirmed the members of an expert panel providing advice as part of its emergency budget review (EBR). Sir Anton Muscatelli, Professor Frances Ruane and Professor Mike Brewer will assess the impact on Scotland of the UK Chancellor’s fiscal approach and held their f

BBC Studioworks has officially launched its new 10,500 sq. ft purpose-built studio, set in the heart of Glasgow’s West End in the iconic Kelvin Hall. Co-funded by the Scottish Government, through Screen Scotland and Glasgow City Council, the facility is a major boost to Scotland’s capaci

The Scottish Government has asked Scotland's Auditor General to launch an investigation into the awarding of the £97m Scottish ferries contract. The request comes after suggestions from a documentary arose that the process of awarding the contract have been rigged as successful bidder Fer

The Chartered Institute of Taxation (CIOT) has responded to the Chancellor’s announcement last week, that the UK basic rate of income tax will be reduced to 19p and the UK additional rate of income tax abolished from April 2023. These changes will not apply to Scotland, where the power to set

Ten companies have been awarded a total of £9.4 million to help Scottish industries reduce carbon emissions through decarbonisation and energy efficiency projects. The recipients from the second round of the Scottish Industrial Energy Transformation Fund (SIETF) are predominantly involved in t

Strategies to attract foreign investment and open up international trade for Scottish companies have reported successful results. Business minister Ivan McKee told the Scottish Parliament that the export growth strategy, A Trading Nation, has delivered an additional £3 billion of planned inter