An additional £11.8 million is being made available to help Scottish businesses take advantage of digital technologies to improve their productivity, increase their resilience and create new market opportunities. As part of the Scottish Government’s support for economic recovery, the fun
Scottish Government
The Scottish Hospitality Group is calling for the Scottish Government to unequivocally promise that pubs, bars and restaurants won’t be faced with an unfair festive hangover due to the relaxation in lockdown rules.
Scotland’s GDP increased by 1.6% in September, according to statistics announced today by the Chief Statistician.
The Scottish National Investment Bank (SNIB) has officially opened for business with the completion of its first major investment. It is the UK’s first mission-led development bank and it is being capitalised by the Scottish Government with £2 billion over ten years.
A new petition calling for the Scottish Government to ‘tweak the tiers’ is already gaining momentum after it was launched last week by the Scottish Hospitality Group (SHG).
Finance secretary Kate Forbes has called on the UK Government to prioritise public services and economic recovery through a fresh fiscal stimulus package of £98 billion, ahead of the Spending Review on Wednesday. This support, which is at least 5% of GDP, would be on par with the economic reco
The Scottish Government has launched a survey to gather views on designated economic zones such as Enterprise Areas and the freeport model. Businesses, stakeholders and public sector organisations are being consulted on the use of place-based zoning incentives to boost economic recovery and growth i
The Scottish Government’s budget will be published on 28 January 2021, finance secretary Kate Forbes has announced. It follows the UK Government’s decision to postpone its Autumn Budget until an unspecified date in the new year.
For July to September 2020, Scotland’s employment rate estimate rose over the quarter to 74.0%, according to the latest official labour market statistics published by the Office for National Statistics (ONS) today.
Ivan McKee, minister for trade, investment and innovation, has said that the lack of information, and the absence of ministerial engagement on the scheme intended to replace EU Structural and Investment Funds is "unacceptable". Mr McKee has said he is seeking an urgent meeting with the UK
Finance secretary Kate Forbes has welcomed Chancellor Rishi Sunak's 'long overdue' announcement that the Job Retention Scheme will be extended until March 2021. The Coronavirus Job Retention Scheme (CJRS) will now run until the end of March with employees receiving 80% of their current salary for ho
MIME Technologies, a med-tech spin-out from the University of Aberdeen, has received £248,000 in funding from the Scottish Government to help deliver technology that will support the heavily impacted aviation industry during its recovery from the pandemic. The funding will also help drive
Grant and investment funding of almost £25 million has been committed to 90 innovative, early-stage businesses in Scotland whose growth ambitions were impacted by the onset of the COVID-19 pandemic. The awards have been made via the Early Stage Growth Challenge Fund, part of a £38m packa
Economy secretary Fiona Hyslop has called on Chancellor Rishi Sunak to ensure the lowest paid furloughed workers are properly supported through its new Job Support Scheme (JSS). The JSS will replace the existing Job Retention Scheme from Sunday. Ms Hyslop has warned that the change will cut the inco
A report outlining a new targeted inward investment plan focusing on nine key sectors to further internationalise Scotland’s economy has been published by the Scottish Government. Announced yesterday by trade, investment and innovation minister Ivan McKee, Shaping Scotland’s Ec