Scotland's Economy

  • Support for Scotland’s musicians and music industry

    17th November 2020 by

    Culture Secretary Fiona Hyslop: Scotland has a well-deserved reputation for the strength of its music industry. From traditional music to the most modern music makers, such as Nova, the winner of this year’s Scottish Album of the Year, Scotland’s music is recognised throughout the world. It is a way for us to show who we...

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  • Freeports

    16th November 2020 by

    Statement from Trade, Investment and Innovation Minister Ivan McKee on freeports: “Freeports cannot and will not offset the damage caused by Brexit, which is taking Scotland and the UK out of the world’s biggest free trade area and single market. “Our ambition for Scotland’s economy is to continue to build a high productivity, high wage,...

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  • Support for Islands

    14th November 2020 by

    Islands Minister Paul Wheelhouse discusses support for the Islands

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  • Parliamentary Statement – BiFab update

    3rd November 2020 by

    Statement given by Economy Secretary Fiona Hyslop on Tuesday 3 November 2020:  I welcome the opportunity to address Parliament today on the current position facing BiFab. This Government has shown real commitment to BiFab, and we continue to explore all options to secure a future for the NnG contract in Scotland. I have been clear...

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  • New consumer network

    29th September 2020 by

        A network to ensure that consumer protection is at the core of Scotland’s economic recovery has been established. Stakeholders from organisations including Advice Direct Scotland, Trading Standards, Citizens Advice Scotland and the Scottish Government will work together to generate improved services, greater value for money and better buying choices for shoppers. The Consumer...

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  • Response to UK Government Summer Statement

    8th July 2020 by

    Responding the UK Chancellor’s Summer Statement today, Finance Secretary Kate Forbes said: “We called for an £80bn stimulus package to build a strong, green and inclusive economic recovery and while there are elements in this announcement to be welcomed, in particular the measures on VAT for tourism and hospitality, overall this package is a huge...

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  • Labour market statistics update – Business Minister Jamie Hepburn

    19th May 2020 by

    Between January and March 2020, Scotland’s employment rate estimate fell over the quarter to 74.7% and the unemployment rate estimate rose over the quarter to 4.1%. While these rates compare well against historical records, they do not reflect fully the unprecedented impact of the pandemic and how it will change over time. The Job Retention...

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  • Foundation Apprenticeships receive further recognition – Skills Minister Jamie Hepburn

    13th January 2020 by

      To meet the future skills needs of Scotland’s economy it is vital industry and educational institutions work together. Foundation Apprenticeships are an important part of building strong links between the two and, crucially, equipping young people with the skills they need to progress onto a successful career or further education. I am delighted that...

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  • Chair of the Scottish National Investment Bank

    15th November 2019 by

    Economy Secretary Derek Mackay has welcomed the appointment of Willie Watt as the first Chair of the Board of the Scottish National Investment Bank. Mr Mackay said:  “I’m delighted to appoint Willie Watt as the first Chair of the Board of the Scottish National Investment Bank. “The Bank has the opportunity to transform and grow...

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  • Selling Scotland on the global stage

    12th November 2019 by

    Scotland is to be one of 192 countries represented at a global event aimed at driving innovation and collaboration across the world. World Expo Dubai 2020 will showcase Scotland as a global trading nation and world-leading destination for business, education and tourism. The World Expo is one of the world’s longest-running and largest international events....

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