Scotland's Economy

  • Campbeltown Economic Summit

    18th November 2019 by

    An economic forum is being held in Campbeltown to explore development opportunities following the announcement of possible redundancies at two of the town’s biggest employers. Ministers will meet with local councillors, enterprise agencies, trades unions and local employers to identify opportunities to regenerate the local economy. Rural Economy Secretary Fergus Ewing said: “The devastating news...

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  • Chair of the Scottish National Investment Bank

    15th November 2019 by

    Economy Secretary Derek Mackay has welcomed the appointment of Willie Watt as the first Chair of the Board of the Scottish National Investment Bank. Mr Mackay said:  “I’m delighted to appoint Willie Watt as the first Chair of the Board of the Scottish National Investment Bank. “The Bank has the opportunity to transform and grow...

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  • Selling Scotland on the global stage

    12th November 2019 by

    Scotland is to be one of 192 countries represented at a global event aimed at driving innovation and collaboration across the world. World Expo Dubai 2020 will showcase Scotland as a global trading nation and world-leading destination for business, education and tourism. The World Expo is one of the world’s longest-running and largest international events....

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  • Ferguson Marine apprentices

    8th November 2019 by

    Economy Secretary Derek Mackay has attended a special ceremony to congratulate sixteen young men and women for completing their apprenticeships at Ferguson Marine shipyard. The special event in Greenock recognised and celebrated the apprentices’ contribution to work at the yard. The contract to take Ferguson Marine into public ownership was signed by the Scottish Government...

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  • Scottish Government response to Scottish Chambers of Commerce Quarterly Economic Indicator: Q3 2019

    11th October 2019 by

    Commenting on the latest Scottish Chambers of Commerce Quarterly Economic Indicator, Economy Secretary Derek Mackay said: “It’s clear from this latest report that Brexit uncertainty, and in particular the threat of ‘no deal’, is having an increasingly negative impact on business confidence. “As a responsible government, our enterprise and skills agencies continue to work with...

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  • Scottish Business Pledge – Good for Business. Good for Scotland.

    10th October 2019 by

    The refreshed Scottish Business Pledge has been launched today following a review in 2018. Making a commitment to the Business Pledge promotes fairness, equality, opportunity and innovation in Scotland, which in turn creates greater economic success and sustainable, inclusive growth. The reinvigorated Business Pledge has been restructured to better support businesses seeking to make a...

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  • Update on Ferguson Marine

    2nd October 2019 by

    The Scottish Government has begun legal discussion with administrators to conclude the process of taking the Ferguson Marine shipyard into public ownership. Following a sale of business process, administrators have concluded that three indicative offers for the business received from commercial parties are either not capable of being executed or do not represent a better...

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  • Scottish Government response to Argyll & Bute Growth Deal funding

    2nd October 2019 by

    Infrastructure Secretary Michael Matheson said: “The UK Government is simply re-announcing money that has already been committed. “The Scottish Government has made clear our commitment to invest in the Argyll & Bute Growth Deal, and we have been ready to do so for some considerable time. “On the basis of our 50:50 approach to funding...

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  • Redefining Prosperity – speech delivered by Trade and Innovation Minister Ivan McKee on 26.09.19

    26th September 2019 by

    Ladies and gentlemen.   Ministers.   Colleagues.   Friends. I am delighted to be in Brussels today to speak about our policy approach to redefine prosperity, in practical terms. I really appreciate the invitation for Scotland to be an active part of the R&I days. And before I move onto the topic of sustainable, inclusive economic growth, let...

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  • Scottish National Investment Bank progress

    26th September 2019 by

    Today marks another important step forward for the Scottish National Investment Bank as the legislation to support its establishment and capitalisation reaches its first stage in Parliament. The Bill being considered today lays the foundation for an institution that will be a cornerstone in Scotland’s economic architecture. One with the capability and commitment to reshape...

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