Scotland's Economy

  • This week: 14/6/19

    14th June 2019 by

    Labour Market Statistics Scotland’s unemployment rate fell again, to 3.3%, lower than the UK for the ninth month in a row. Statistics out this week also showed that Scotland’s employment rate rose to 75.9%, the highest on record. Read more about Scotland’s labour market statistics Modern Apprentices The number of apprentices benefitting from work-based learning has...

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  • Scottish Annual Business Statistics 2017

    12th June 2019 by

    The latest figures from the Scottish Annual Business Statistics show that tourism, food and drink and the creative industries are among the sectors to have grown over 2016-2017. The statistics show an improved performance for the majority of growth sectors within Scotland’s non-financial business economy. Increased approximate Gross Value Added (aGVA) was shown in the...

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  • Employment rate in Scotland highest on record

    11th June 2019 by

    Commenting on this month’s labour market statistics update, released by the ONS for February to April 2019, Employment Minister Jamie Hepburn said: “Yet again we’re seeing records broken in Scotland’s labour market.  “Scotland’s employment rate rose to 75.9%, the highest on record. The unemployment rate fell again, to 3.3%, lower than the UK for the...

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  • This week: 7/6/19

    7th June 2019 by

    Movin’ On Summit This week, Economy Secretary Derek Mackay visited Canada where he attended the international Michelin’s Movin’ On Summit in Montreal. Meeting with new innovators and potential investors in Scotland, Mr Mackay promoted the Scottish Government’s commitment to a low carbon economy and highlighted the strong partnership between Michelin and Scottish Enterpirse to create...

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  • Consumer Scotland Bill

    7th June 2019 by

    Like everyone else, I spend money on buying things and I get frustrated when I feel the service or quality falls below the standard I expected. As the Minister responsible for consumer policy, I recognise this can have consequences for whole groups of people and negatively impact individual lives in serious and long-lasting ways. The...

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  • EU continues to be key for Scottish exports

    6th June 2019 by

    The value of Scottish goods exported to the EU has increased by 18.6% in the last financial year, according to new statistics. The publication of HMRC’s latest Regional Trade Statistics shows the importance of the EU market to Scotland. Commenting on the statistics, Trade Minister Ivan McKee said: “These are very positive figures and show...

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  • This week: 31/5/19

    31st May 2019 by

    Advancing Manufacturing Challenge Fund Manufacturing businesses will be able to improve their productivity and upskill their workforce with support from a £14 million fund. The Advancing Manufacturing Challenge Fund will support businesses develop their manufacturing capabilities by inviteing public bodies, academic organisations and charities to enhance their existing equipment and training services. To launch the...

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  • Infrastructure Commission for Scotland

    29th May 2019 by

    Infrastructure investment plays a critical role in creating an inclusive, sustainable economy. In December, I established the Infrastructure Commission for Scotland (ICS) to provide independent advice on the right vision, ambition and priorities for a 30-year strategy for infrastructure in Scotland to meet our future economic growth and societal needs. Over the course of 2018-19,...

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  • First year of employment service attracts over 10,000 participants

    29th May 2019 by

    Scotland’s first fully devolved employment support service has been accessed by more than 10,000 people in its first year. Fair Start Scotland (FSS), which launched in April 2018, encourages people to access employment support on a voluntary basis. The service has published its latest set of statistics to 29 March 2019 which show that: 10,063...

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  • Scotland and the Netherlands: European partners

    24th May 2019 by

    Despite the ongoing uncertainty over EU exit, the EU remains incredibly important to Scotland’s trading potential. And as our second largest export market, one country which is of particular significance is the Netherlands. Scottish exports to the Netherlands were estimated to be worth £2.5 billion in 2017 – 7.6% of all international exports – and...

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