Scotland's Economy

This week: 7/6/19

June 7, 2019 by No Comments | Category Economy, Finance

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 the Michelin Scotland Innovation Parc in Dundee.

Find out more about investment opportunities in Canada

Digital Start Fund

Digital Economy Minister Kate Forbes has launched the Digital Start Fund, a £1 million fund to help those seeking to train in digital skills. This could include people who are far away from the jobs market and face a number barriers to work, such as being an army veteran having a disability, living in an area with a high unemployment rate, being aged 54 or older, or being homeless.

Read more about the Digital Start Fund

Scottish exports

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 the importance of having free trade with the EU.”

Read more about the latest Scottish export statistics

Consumer Scotland Bill to Parliament

A new body to represent the interests of consumers is one step closer following the publication of legislation. The Consumer Scotland Bill is the first step in establishing a new organisation called Consumer Scotland which will work to generate improved service, greater value for money and better buying choices for shoppers.

Business Minister Jamie Hepburn said: “This is an important milestone in our work to make sure that a fairer Scotland means fairer outcomes for consumers. Consumer Scotland will be a dedicated champion for everyone across Scotland, focused on investigating consumer harm and developing solutions to tackle it.”

Read more about the Consumer Scotland Bill

Gore Space Centre of Excellence

Innovation Minister Ivan McKee spoke at the opening for Gore Space Centre of Excellence in Dundee to outline the Scottish Government’s ambitions to grow Scotland’s space sector to £4 billion by 2030.

Read more about Scotland’s space sector


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