Scotland's Economy

  • This week: 19/07/19

    19th July 2019 by

    Flexible Workforce Development Fund Business, Fair Work and Skills Minister Jamie Hepburn launched the third year of the Flexible Workforce Development Fund. The Flexible Workforce Development Fund provides employers with an opportunity to access £15,000 worth of funding to create bespoke and tailored training opportunities to help address skills gaps within their organisation – delivered...

    Read more

  • Response to OBR ‘no deal’ warning

    18th July 2019 by

    Commenting on the warning from the Office of Budget Responsibility that a ‘no deal’ UK EU Exit could lead to a UK recession, Finance Secretary Derek Mackay said: “The Office of Budget Responsibility confirms what the Scottish Government have been warning for months that a no deal Brexit has the potential to push the economy...

    Read more

  • Scotland’s labour market continues to perform well

    16th July 2019 by

    Commenting on this month’s labour market statistics update, released by the ONS for March to May 2019, Business Minister Jamie Hepburn said: “Yet again we are seeing strong results for Scotland’s labour market. Scotland’s employment rate rose over the quarter and year to 75.8%, very close to the highest on record. The unemployment rate fell...

    Read more

  • This week: 12/07/19

    12th July 2019 by

    Regional Selective Assistance Business Minister Jamie Hepburn announced a £152,000 Regional Selective Assistance grant for Victor Pizza, creating 15.5 full time jobs and safeguarding 7 jobs over the next 3 years. He said: “I am pleased this £152,000 Scottish Enterprise grant will help create 15 full time jobs and safeguard seven jobs over the next...

    Read more

  • Trade and Investment Minister visits China – Day Five

    5th 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 final day of his visit on Friday 5 July, Mr McKee hosted a breakfast meeting with GlobalScot Alan Hepburn, CEO of The Hepburn Group to...

    Read more

  • Trade and Investment Minister visits China – Days Three and Four

    5th 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 third and fourth days of his visit, Mr McKee undertook a series of engagements in Beijing and Shanghai. He participated in a Social Enterprise Academy...

    Read more

  • 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...

    Read more

  • 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...

    Read more

  • 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...

    Read more

  • 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...

    Read more