Scotland's Economy

  • 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...

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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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  • Heads of Terms signing for Borderlands

    1st July 2019 by

    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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  • Renewable electricity at record levels

    27th June 2019 by

    Renewable electricity generation in Scotland reached record levels in the first quarter of 2019, the latest figures from the Department for Business, Energy and Industrial Strategy (BEIS) show. In the first quarter of 2019 renewable generation in Scotland was 8,877 GWh, which is enough to power around 88% of Scottish households for a year. This...

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  • 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...

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  • 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...

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  • Employment rate in Scotland highest on record

    11th June 2019 by

    Commenting on this month’s labour market statistics update, released by the ONS for February to April 2019, Employment Minister Jamie Hepburn said: “Yet again we’re seeing records broken in Scotland’s labour market.  “Scotland’s employment rate rose to 75.9%, the highest on record. The unemployment rate fell again, to 3.3%, lower than the UK for the...

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  • This week: 7/6/19

    7th June 2019 by

    Movin’ On Summit This week, Economy Secretary Derek Mackay visited Canada where he attended the international Michelin’s Movin’ On Summit in Montreal. Meeting with new innovators and potential investors in Scotland, Mr Mackay promoted the Scottish Government’s commitment to a low carbon economy and highlighted the strong partnership between Michelin and Scottish Enterpirse to create...

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  • Consumer Scotland Bill

    7th June 2019 by

    Like everyone else, I spend money on buying things and I get frustrated when I feel the service or quality falls below the standard I expected. As the Minister responsible for consumer policy, I recognise this can have consequences for whole groups of people and negatively impact individual lives in serious and long-lasting ways. The...

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  • EU continues to be key for Scottish exports

    6th June 2019 by

    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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