Scotland's Economy

  • Two weeks of talking up Scotland in Europe

    19th October 2018 by

    Minister for Trade, Investment and Innovation, Ivan McKee, usually visits innovative businesses all over Scotland as part of his role. However, over the last couple of weeks he’s been talking up Scotland to other countries in Europe. Last week he started in London for a series of meetings including discussions with Nesta, a global innovation...

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  • Delivering world class infrastructure for Scotland

    19th October 2018 by

    When the First Minister announced a reshuffle of her Cabinet in the summer I was honoured to take on the role of Cabinet Secretary for Transport, Infrastructure and Connectivity. The creation of this portfolio highlights the importance we as a Government place on investment in infrastructure as a key driver of economic growth. As the...

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  • Strengthening economic links with Ireland

    18th October 2018 by

    Minister for the Digital Economy and Public Finances Kate Forbes will travel to Dublin this week to undertake a series of engagements to strengthen Scotland’s economic links with Ireland. The Scottish and Irish Governments have been working towards creating greater economic links for some time and the Minister’s visit highlights our ambition to collaborate with...

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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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  • This week – 28/09/18

    28th September 2018 by

    Digital Improvement Pilot Cupar will become a Digital Improvement District, a first for Scotland, fulfilling the Programme for Government commitment to fund a business improvement district dedicated to digital improvement. It will soon have town centre WiFi and act as a potential model for future small town designs. This innovative approach will trial and showcase...

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  • New action plan to boost Scotland’s cyber security industry

    26th September 2018 by

    A new action plan will encourage the growth of innovative Scottish cyber security research to deliver world-leading cyber security goods and services. The Scottish Government and Scottish Enterprise will work with key partners to ensure Scotland fully exploits the economic growth opportunities of the increasing demand for cyber security goods. Scottish Enterprise will receive just...

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  • This week – 21/09/18

    21st September 2018 by

    Scottish growth pulls ahead of the UK The Scottish economy grew by 0.5% during the second quarter of 2018, according to statistics announced this week by Scotland’s Chief Statistician. In the first half of this year, Scottish GDP grew by 0.8% compared to 0.6% in the UK. This growth in the first six months of 2018...

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  • This week – 14/09/18

    14th September 2018 by

    Labour Market Statistics Published on Tuesday, the labour market statistics released by the ONS for May to July 2018, showed that Scotland’s unemployment rate fell over the quarter to 4.1%. On employment for women and young people, Scotland continue to outperform the UK with an employment rate of 71.5% for women, higher than the UK rate...

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  • This week – 07/09/18

    6th September 2018 by

    Recess is over, Parliament is back for a new term and this week, we outlined our Programme for Government 2018/19.  Major investment in infrastructure, exports and legislation to underpin a Scottish National Investment Bank were at the forefront as the First Minister outlined our priorities for the year ahead. Read the highlights below: Infrastructure The PFG has a strong emphasis on boosting...

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  • Investing in Fintech

    5th September 2018 by

    Minister for Trade, Investment and Innovation, Ivan McKee, visited a Fintech company in Glasgow last week Scotland’s Fintech sector has attracted more than £37 million investment over the last 10 years with an emerging ‘ecosystem’ which brings start-ups, large firms, universities and the public sector together. Last week I visited a leading Fintech company, Previse....

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