Scotland's Economy

  • Response to UK Government Spring Statement

    13th March 2019 by

    Public Finance Minister Kate Forbes has responded to the UK Government’s Spring Statement today, saying: “Amid the continuing uncertainty around the UK’s EU exit, the Spring Statement failed to provide businesses with any reassurances about their future and offered no clarity on future funding for Scotland. “Years of austerity and continued uncertainty at the hands...

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  • This week: 25/01

    25th January 2019 by

    Labour Market Statistics Labour Market Statistics, published by ONS, show that: 2,641,000 people are now in work in Scotland Unemployment in Scotland fell to 3.6%, the lowest rate on record Scotland’s female employment rate is 71.5%, higher than the UK rate of 71.2% Scotland’s youth employment rate is 60.7%, higher than the UK rate of...

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  • This Week: 28/12/2018

    28th December 2018 by

    Priorities for 2019 Finance and Economy Secretary Derek Mackay has set out his priorities for 2019 in an article in The Herald. Read more Improving ferry access Further accessibility improvements will be made on Scotland’s ferries following the fourth round of awards from the Ferries Accessibility Fund. Almost £80,000 is being awarded to Serco NorthLink...

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  • This week: 21/12/2018

    21st December 2018 by

    £2m to assist Glasgow’s fire recovery Around £1.85 million of the Scottish Government’s Fire Recovery Fund is to be used by Glasgow City Council to provide business rates relief and support business recovery. Every business in the immediate fire cordon area and eligible businesses in the wider Sauchiehall Street area will receive 100% business rates...

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  • This week: 14/12/18

    14th December 2018 by

    Budget Economy Secretary Derek Mackay presented the Scottish Government’s 2019-20 spending plans to the Scottish Parliament. Mr Mackay said the budget will seek to strengthen Scotland’s economy and deliver long term investments to transform public services. Read more Labour Market stats Labour Market Statistics, published this week show that: 2,633,000 people are now in work...

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  • Ensuring the UK Budget delivers for Scotland

    10th October 2018 by

    Ahead of the UK Budget on the 29th of October, I have written to the  Chancellor of the Exchequer to outline the key issues that the Scottish Government wishes see included in the Budget. A full copy of my letter to the Chancellor is below. ___ Rt Hon Philip Hammond MP Chancellor of the Exchequer HM Treasury...

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  • Scotland's Spending Plans and Draft Budget 2016/17

    16th December 2015 by

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  • Chancellor’s statement ‘halfway to common sense’

    6th December 2012 by

    After two and a half years in office the Chancellor has finally heeded Scotland’s calls to boost capital spending and allocated £330 million of new spending to Scotland over the next two years. The Chancellor’s recognition that he needs to invest is welcome, but he has only come halfway to a common sense solution.

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  • A budget for Scotland’s economy

    20th September 2012 by

    Global economic conditions continue to impact on economic confidence. Business investment remains considerably below pre-recession levels, and household income remains under pressure. I am therefore focussed on enhancing confidence in order to encourage private sector investment and growth.

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  • Budget Roundtable

    16th August 2012 by

    Garry Clarke of the Scottish Chambers of Commerce comments on the Budget Rountable with Finance Secretary John Swinney in Ayr.

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