New figures released by the Scottish Government has revealed a small 2019-20 underspend is helping the country fight back against the coronavirus outbreak.
Scottish Government
The Scottish Government has launched a £230 million return to work package which will see £51m allocated for business support. The package has been unveiled to help stimulate Scotland’s economy following the coronavirus pandemic.
Scotland’s GDP fell by 2.5% during the first quarter of this year, according to statistics announced today by Scotland's Chief Statistician.
A multi-million-pound fund has been set up by the Scottish Government to help the energy sector recover from the dual economic impacts of coronavirus and the oil and gas price crash. The £62 million Energy Transition Fund will support businesses in the oil, gas and energy sectors over the next
The Scottish Government has announced a £2 million funding package to support town centres and aid the recovery of local communities as coronavirus measures are gradually and carefully eased. The Towns and Business Improvement Districts (BIDs) Resilience and Recovery Fund is open to local
The UK's GDP fell by 20.4% in April marking the largest decline since monthly records began in 1997, according to the latest data from the Office for National Statistics (ONS).
The Scottish Government has published the results of the consultation on the replacement for European Structural and Investment Funds (ESIF). Scotland has been a major beneficiary of the ESIF since 1975 with an estimated investment of £4 billion between 1975 and 2006, and a further £820
An expert panel commissioned First Minister Nicola Sturgeon has recommended that Scots of working age are paid £11,000 a year as part of a new £186 million experiment in adopting a universal basic income. The report compiled by local authorities has insisted that a pilot of the radi
The Scottish Government has set a provisional date for tourism businesses to resume operations. The resumption of tourism businesses on July 15 is dependent on public health advice and progression to Phase 3 of the Scottish Government lockdown route-map.
Small businesses which share properties but do not pay business rates are now eligible to apply for grants to help with the impact of COVID-19, the Scottish Government has announced. The extension to the Small Business Grant Fund will apply to firms occupying shared office spaces, business inc
The funding being given to support communities across Scotland affected by coronavirus is to be displayed on a new collection of digital maps.
A parliamentary inquiry into the impact of coronavirus on the Scottish Government’s Budget for 2021/22 has been announced by Holyrood’s finance and constitution committee.
Scotland’s economy faces a gradual recovery from the coronavirus crisis, according to updated modelling published by the Scottish Government today.
The UK employment rate had reached a joint-record high of 76.6% before the coronavirus crisis hit the UK according to the latest Labour Market Statistics update published by the Office for National Statistics (ONS). The employment rate was 0.6 percentage points higher than a year earlier
Businesses across the country have now been awarded more than £100 million through the Scottish Government Business Support Fund. The scheme, announced by cabinet secretary Fiona Hyslop at the end of April, has to date helped more than 2,500 businesses and 4,160 self-employed people.