Scotland's Economy

  • Paul Wheelhouse on Scotland’s energy sector

    11th December 2019 by

    This year was a significant one for Scotland’s energy sector, most notably with the Scottish Government declaring a climate emergency, and outlining our commitment to become a net-zero emissions economy and society by 2045. Our Programme for Government (PfG) outlined the key role renewable energy sources will play in reducing emissions and decarbonising Scotland’s transport...

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  • Campbeltown Economic Summit

    18th November 2019 by

    An economic forum is being held in Campbeltown to explore development opportunities following the announcement of possible redundancies at two of the town’s biggest employers. Ministers will meet with local councillors, enterprise agencies, trades unions and local employers to identify opportunities to regenerate the local economy. Rural Economy Secretary Fergus Ewing said: “The devastating news...

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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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  • Ferguson Marine apprentices

    8th November 2019 by

    Economy Secretary Derek Mackay has attended a special ceremony to congratulate sixteen young men and women for completing their apprenticeships at Ferguson Marine shipyard. The special event in Greenock recognised and celebrated the apprentices’ contribution to work at the yard. The contract to take Ferguson Marine into public ownership was signed by the Scottish Government...

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  • Update on Ferguson Marine

    2nd October 2019 by

    The Scottish Government has begun legal discussion with administrators to conclude the process of taking the Ferguson Marine shipyard into public ownership. Following a sale of business process, administrators have concluded that three indicative offers for the business received from commercial parties are either not capable of being executed or do not represent a better...

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  • Redefining Prosperity – speech delivered by Trade and Innovation Minister Ivan McKee on 26.09.19

    26th September 2019 by

    Ladies and gentlemen.   Ministers.   Colleagues.   Friends. I am delighted to be in Brussels today to speak about our policy approach to redefine prosperity, in practical terms. I really appreciate the invitation for Scotland to be an active part of the R&I days. And before I move onto the topic of sustainable, inclusive economic growth, let...

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  • Investing in Scotland’s future skills – Business Minister Jamie Hepburn

    10th September 2019 by

    Today I was delighted to visit Whitespace in Edinburgh and learn about their innovative approach within the creative industry sector and their commitment to upskilling and training their workforce. Their investment in their employees is evident in the quality of their work and the culture of their business. This type of business is central to...

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  • Update on Ferguson Marine

    12th August 2019 by

    Economy Secretary Derek Mackay said: “The Scottish Government has been working for over two years to find a resolution to the difficulties at FMEL. Throughout that time our preference has been to identify viable commercial options to keep the yard going and to finish the vessels. No such solutions have come forward. “The Scottish Government has...

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  • Year three for Flexible Workforce Development Fund

    17th July 2019 by

    As a Government we are working hard to ensure our economy, employers and employees are fit and ready to respond to the changing needs of business and emerging economic demands. We are committed to creating a more successful country and opportunities for people living in Scotland whilst creating sustainable and inclusive growth.  I am delighted...

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  • Trade and Investment Minister visits China – Day One

    2nd 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 first day of his visit, Mr McKee undertook a series of engagements in Beijing, starting with meeting the Deputy Head of Mission at the British...

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