Young people struggling to access employment will be supported by an additional £4 million through the Scottish Government's Young Person’s Guarantee. The funding will help young people impacted most by the pandemic, including those who are care-experienced and those experiencing mental
Scottish Government
Applications are now invited for a fund to support Scottish food and drink suppliers and producers to invest in future growth. The annual Food Processing, Marketing and Cooperation Grant Scheme (FPMC) enables investment across a range of projects including buildings and equipment, feasibility studie
Cabinet secretary for finance and the economy Kate Forbes yesterday addressed the second meeting of a new task force, set up to transition Scotland to become a global leader for Green and Sustainable Financial Services. Set up at the end of February, the task force brings together the Scottish finan
Scotland’s onshore GDP is now estimated to have grown by 1.6% during 2021 Quarter 4 (October to December), according to updated statistics announced yesterday by the Chief Statistician.
Willie Watt, the chair of the Scottish Government-owned Scottish National Investment Bank (SNIB) has refused to answer questions from MSPs on why Eilidh Mactaggart, the former chief executive of the bank, quit with a £117,500 exit payment. Mr Watt said he was unable “to provide any furth
Employment minister Richard Lochhead has said Scotland is losing out following the launch of the UK Government’s Shared Prosperity Fund which replaces previous EU structural funds. Speaking ahead of a Parliamentary debate today, Mr Lochhead said the UK Government had reneged on its promise to
Scotland’s onshore GDP grew by 0.4% in February, according to statistics announced by the Chief Statistician. Output remains above the pre-pandemic level of February 2020, by 1.3%.
Business minister Ivan McKee has said the UK Government’s Shared Prosperity Fund fails to deliver promised funding for Scotland following the UK’s exit from the European Union. New arrangements published today will see £32 million allocated to Scotland for 2022-2023 - £151 mi
Plans to introduce a new levy dubbed the “Amazon tax” on digital retailers and block the construction of new retail parks have been revealed as part of a programme to boost Scotland’s town centres.
Minister for business, tourism, trade and enterprise Ivan McKee yesterday took part in a series of engagements and visits in Inverness, including a roundtable with business leaders, to discuss how businesses can be supported and how best to deliver on the aims of the National Strategy for Economic T
The latest round of awards from the first year of the Marine Fund Scotland (MFS) has provided fishing businesses and marine organisations in coastal communities with £7.4 million in funding. Overall, around £14 million has been awarded to date in 2021/22 across a range of projects, inclu
Public bodies are being given advice on how to handle contract bids from companies linked to Russia. To help strengthen economic sanctions imposed on Russia following the illegal invasion of Ukraine, guidance has been published on how to reject bids to procure a contract for goods or services from f
Employability services to help those most at risk of long-term unemployment will receive up to £113 million of funding from the Scottish Government. To deliver the ambitions set out in the National Strategy for Economic Transformation and the Child Poverty Delivery Plan, tailored service
Economy secretary Kate Forbes met with leading entrepreneurs and innovators in Glasgow to discuss working together to deliver the entrepreneurial ambitions of the National Strategy for Economic Transformation. In the first of a series of industry roundtables, discussions focused on the entrepreneuri
Future private investment in Scotland’s natural capital – such as peatlands and woodlands - will be subject to a set of principles to help ensure it delivers social, environmental and economic benefit. During COP26, the Scottish Government committed to develop a values-led and high-integ