Scotland's Economy

  • Scotland: an attractive place to invest

    14th March 2019 by

    With investment in Scottish commercial property topping £2.3 billion, 37% ahead of the 10-year annual average, the sector in Scotland is buoyant. Couple that with Scotland being named one of the most beautiful countries in the world – according to Rock Guide – and its little wonder businesses are keen to locate here. In fact,...

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  • Growth deal confirmed as Ayrshire celebrates major investment boost

    8th March 2019 by

    A multi-million pound investment package that will change the face of Ayrshire was rubber-stamped today (Friday 8 March) by the three Ayrshire Councils and the UK and Scottish Governments. The £251.5 million Ayrshire Growth Deal was signed and sealed, kick-starting a range of projects across the region. The UK and Scottish Governments will each invest...

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  • Shaping the Scottish National Investment Bank

    11th February 2019 by

    Today we publish the analysis of responses to the public consultation on the Scottish National Investment Bank Bill which ran from September to October last year. This is the first of many milestones for the Bank in 2019 as we make significant progress towards the Bank being operational in 2020, investing in businesses and communities...

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  • This week: 11/01/19

    11th January 2019 by

    Tay Cities Investment The First Minister announced an additional £50 million investment in the Tay cities area to support manufacturing, businesses and the delivery of the Cross Tay Link Road. Read more FiSAB Meeting Economy Secretary Derek Mackay and Public Finance Minister Kate Forbes attended the first FiSAB meeting of the year to discuss skills,...

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  • This Week: 04/01/2019

    4th January 2019 by

    Infrastructure priorities for 2019 Infrastructure Secretary Michael Matheson has set out his priorities for 2019 in an article on our blog. Read more Return to work travel advice People are being urged to plan their return to work travel, with the trunk roads and other transport networks in Scotland expected to be busy over the...

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  • Growing our strong investment in infrastructure during 2019 – Michael Matheson

    31st December 2018 by

    Infrastructure investment is one of the four pillars of the Scottish Government’s economic strategy which is why in 2019-20 our capital programme will invest more than £5 billion across Scotland. We know the value of investing in infrastructure goes beyond the physical homes, schools, hospitals we see as the projects begin to open. It unlocks...

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  • This week: 14/12/18

    14th December 2018 by

    Budget Economy Secretary Derek Mackay presented the Scottish Government’s 2019-20 spending plans to the Scottish Parliament. Mr Mackay said the budget will seek to strengthen Scotland’s economy and deliver long term investments to transform public services. Read more Labour Market stats Labour Market Statistics, published this week show that: 2,633,000 people are now in work...

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  • This week 16/11/18

    16th November 2018 by

    Fair Work Charter The Fair Work Charter for Severe Weather has been published by the Scottish Government to encourage employers to treat workers fairly and be mindful of their safety in the event of extreme weather. It provides four guiding principles to help employers prepare for adverse weather. Read more Life Sciences Figures Figures released...

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  • 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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