Scotland's Economy

  • Funding, farms and Future Skills

    2nd August 2019 by

    Read on for our weekly round-up of economy news from this week. Research & Development funding Trade and Innovation Minister Ivan McKee visited M2 Lasers in Glasgow to announce a £2.9 million Research and Development grant, which will create 24 new jobs, including 18 new highly-skilled scientific roles. He said: “Scotland has a long tradition...

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  • This week: 26/7/19

    26th July 2019 by

    National Islands Plan Island communities are being encouraged to shape the first ever National Islands Plan through a national consultation, which closes today (26 July). The Plan will set out how the Scottish Government, local authorities and other public agencies might work to improve outcomes for island communities. Scottish Ministers will be asked to report...

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  • 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...

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  • 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...

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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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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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