Scottish Government

The Scottish Government has announced that the retail, hospitality and leisure sectors along with aviation industries will be aided by rates relief to support them during the coronavirus outbreak.

The Scottish Government has launched a £1 billion business support fund meaning businesses can now apply for grants to help them deal with the impact of the coronavirus outbreak. The one-off grants are designed to help protect jobs, prevent business closures and promote economic recovery, and

Scotland's insolvency service Accountant in Bankruptcy (AiB) has suspended sales and evictions from property in ongoing bankruptcy administrations until further notice in response to the current coronavirus pandemic. New measures and greater flexibility are also being introduced by AiB - Scotla

Yesterday, economy secretary Fiona Hyslop announced a series of measures to mitigate the economic impact of the coronavirus on businesses in Scotland, including a £2.2 billion for businesses. In her statement, Ms Hyslop warned that as a result of coronavirus, the Scottish economy is facing an

The number of young people ages 16-24 years in employment in Scotland from January 2019 to December 2019 has increased from 57.2% to 57.9%, according to the Annual Population Survey.

The Scottish Chambers of Commerce (SCC) has said that the additional support measures announced by Chancellor Rishi Sunak are essential if businesses are to survive the COVID-19 outbreak.

Scotland's economy grew by 0.2% during the fourth quarter of 2019, covering the period October to December. Change in gross domestic product (GDP) is the main indicator of economic growth. Over the year, compared to the fourth quarter of 2018, the economy has grown by 0.7%. In 2019 the economy

SELECT, the campaigning body for the electrotechnical industry in Scotland, has added its influential voice to the Scottish Government’s consultation on the use of cash retentions in construction. In a detailed response on the practice, the respected trade association has firmly stated its lon

New measures to limit the impact of COVID-19 on the business community in Scotland, which includes a £320 million support fund, have been announced by Kate Forbes, finance secretary.

Fourteen social entrepreneurs from across Scotland have secured a share of £67,000 from social enterprise start-up agency Firstport. Start It awards are part of the Scottish Government’s Social Entrepreneurs Fund, supporting individuals who are focussed on piloting new ideas th

Finance secretary Kate Forbes has said that rapid joint engagement is needed on funding for the COVID-19 response in Scotland following the UK Government's budget. Responding to the UK budget announcement, Ms Forbes said: "While I’m pleased to see the UK Government’s economic response to

Finance Secretary Kate Forbes has written to Chancellor of the Exchequer Rishi Sunak ahead of the UK Budget, highlighting the key issues the Scottish Government wishes to raise, including: • Income tax• Barnett consequentials• EU funding and the economic impact of Brexit• Police

Yesterday, MSPs formally signed off on the Scottish Government's £40 billion budget for 2020/21 by 63 votes to 55.

Scotland’s spending on research and development is growing at a faster rate than the rest of the UK, according to the latest Business Enterprise Research and Development (BERD) statistics. In real terms, Scotland's increase in BERD spending between 2017 and 2018 exceeded the growth in the UK,

Award-winning Glaswegian lager maker Genius Brewing (Gen!us) will ramp up production in 2020 with a £60,000 loan from UMi Debt Finance Scotland, a £12 million fund that forms part of the Scottish Government’s Scottish Growth Scheme. Genius Brewing was established in 2016 with a mis