The UK Government must not introduce legislation which breaks international law, but instead find sustainable solutions to help ease trade between the UK and EU countries, according to economy secretary Kate Forbes. In a letter to the Chancellor of the Exchequer, Ms Forbes outlines concerns that the
Scottish Government
The Scottish Marine Environmental Enhancement Fund (SMEEF) has received £500,000 from the Scottish Government’s Nature Restoration Fund to transform the health of Scotland’s coasts and seas. Now, NatureScot and partners are asking marine businesses and the larger industry to contri
The Scottish National Investment Bank (SNIB) has committed £9 million to fund the development of Circularity Scotland Limited, to help people recycle billions of single-use drinks containers every year. The Bank’s investment was key to securing an additional £9m capital from Bank o
The Scottish National Investment Bank (SNIB) has a key strategic part to play in helping to deliver Scotland’s low carbon heating systems. A new insight paper, ‘Scotland’s transition to net zero heat’ released today sets out the bank’s role in tackling the issue and bui
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
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