Scotland's Economy

  • This week 05/07/19

    5th July 2019 by

    Borderlands Growth Deal Infrastructure Secretary Michael Matheson joined Borderlands partners to sign the Heads of Terms for the Borderlands Growth Deal, confirming the Scottish Government will invest up to £85 million to deliver inclusive growth across the region. Find out more about the Borderlands Growth Deal Research and Development Business Minister Jamie Hepburn announced a...

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  • Trade and Investment Minister visits China – Day Two

    3rd July 2019 by

    Trade and Investment Minister Ivan McKee is visiting China this week to promote the growing economic, cultural and educational links between Scotland and the world’s second largest economy. On the second day of his visit, Mr McKee undertook a series of engagements meeting with China National Petroleum Corporation (CNPC), the China National Offshore Oil Corporation...

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  • 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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  • 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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  • 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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