Scotland's Economy
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Scotland’s economy outperforms recovery predictions
26th August 2021 by Kate Forbes MSP
I warmly welcome the Scottish Fiscal Commission’s latest official forecasts which suggest Scotland’s economy is recovering from COVID-19 much faster than anticipated. The predicted return of economic activity to pre-pandemic levels in the first half of 2022, almost two years of ahead of the SFC’s previous forecast, is a tribute to the innovation and adaptability...
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Working to deliver economic transformation
9th July 2021 by Kate Forbes MSP
It is impossible to overstate the devastating impact the Covid-19 pandemic has had on every aspect of our lives – the pandemic has shaken our society and economy to their core. And whilst our collective efforts, in tandem with the success of the vaccination programme, have been instrumental in suppressing the virus, our fight to...
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Investment in Moray
24th August 2020 by Michael Matheson
The signing of the Heads of Terms agreement for the Moray Growth Deal is an important milestone.
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Comment on creation of a train manufacturing plant in Longannet
19th December 2019 by kristenmcnicoll
Commenting on the decision to approve planning for the creation of a train manufacturing plant in Longannet, Transport and Infrastructure Secretary Michael Matheson said: “This positive planning decision is a significant milestone for Scotland’s partnership with Talgo. It both moves us closer to the creation of 1,000 high quality, highly skilled jobs and demonstrates what...
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Trade and Investment Minister visits China – Day Five
5th July 2019 by kristenmcnicoll
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...
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Heads of Terms signing for Borderlands
1st July 2019 by kristenmcnicoll
Infrastructure Secretary Michael Matheson has signed the Heads of Terms agreement for up to £85m Scottish Government investment in the Borderlands Inclusive Growth Deal. The signing of the agreement, which took place at the Mountain Bike Centre of Scotland at Glentress in the Scottish Borders, is a major step towards the funding of projects and...
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EU continues to be key for Scottish exports
6th June 2019 by paulobrien
The value of Scottish goods exported to the EU has increased by 18.6% in the last financial year, according to new statistics. The publication of HMRC’s latest Regional Trade Statistics shows the importance of the EU market to Scotland. Commenting on the statistics, Trade Minister Ivan McKee said: “These are very positive figures and show...
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This week: 24/5/19
23rd May 2019 by charlottebarbour
Business hubs Public Finance and Digital Economy Minister Kate Forbes launched a new network of business hubs in public libraries to support entrepreneurs. The Scottish Coworking Network has been developed by the Scottish Library and Information Council (SLIC) with Scottish Government funding and is aimed at providing local entrepreneurs, freelance workers, sole traders and start-ups...
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This week: 22/3/19
22nd March 2019 by charlottebarbour
Labour Market Statistics Scotland’s Labour Market statistics from November 2018 to January 2019 showed: Scotland’s employment rate rose by 0.3 percentage points to 75.3% Unemployment in Scotland fell to 3.4%, the lowest rate on record Unemployment rate in Scotland (3.4%) is lower than the UK (3.9%) for sixth month in a row Scotland’s youth employment...
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Scotland-Norway: An important trading relationship
19th March 2019 by Ivan McKee MSP
Despite the uncertainty over Brexit, Scotland remains open for business and this is something we want the world to know. One country which continues to be of significant importance is Norway so I am in Oslo this week to help build on our strong relationship and continue to develop our economic, political and cultural connections....
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