Scotland's Economy

  • Open letter to business

    24th February 2012 by

    Last year, I wrote to Scottish businesses to assure them that the Scottish Government is doing everything possible within our current powers to ensure Scotland remains the most competitive place to do business in the UK. Today I have written to our businesses to outline how our Budget maintains that commitment with 57% of Scottish business properties currently paying zero or reduced business rates bills.

    Read more

  • Green Investment Bank debate

    22nd February 2012 by

    I was delighted to meet with members of the Edinburgh Green Investment Bank Group today, ahead of opening the debate in Parliament in support of the bid. The Green Investment Bank is an excellent opportunity for Edinburgh and for Scotland and I firmly believe Edinburgh is the best city in the UK for the Green Investment Bank to be based.

    Read more

  • Inverness Campus

    21st February 2012 by

    I was glad to see work getting underway on the new Inverness Campus as the project is already creating some exciting developments for the local economy, with more to come.

    Read more

  • Primark invest in Edinburgh

    15th February 2012 by

    In December major retailer Primark open its long-awaited store on Edinburgh’s Princes Street. This is significant for two reasons. Firstly it’s changed the shopping landscape on one of the world’s most famous streets. Secondly, it has brought more than 500 jobs to city.

    Read more

  • Budget for economic recovery

    8th February 2012 by

    I confirmed today that additional capital spending of £382 million for 2012 -2015, supporting around 5,000 jobs, has been allocated to support Scotland’s economic growth. This is a Budget that boosts public sector capital investment, takes direct action to tackle unemployment, in particular youth unemployment and enhances economic security across the Scottish economy.

    Read more

  • David Hume Institute Speech and Interview

    3rd February 2012 by

    I enjoyed the opportunity to talk to the David Hume Institute last night and set out Scotland's economic opportunities under independence. The Scottish Government video team interviewed me at the event and audio clips of the speech and Q&A are available.

    Read more

  • David Hume Institute

    2nd February 2012 by

    This evening I will address the David Hume Institute in Edinburgh. In the speech I will discuss Scotland’s position in the global economy and set out the Government’s vision for capitalising on new opportunities in global markets. My opinion pieces in the Financial Times and Scotsman outline some of the areas I will discuss tonight.

    Read more

  • Samsung chooses Scotland

    2nd February 2012 by

    I welcome the news that Korean company Samsung Heavy Industries (SHI) is to base its first European offshore wind project in Fife. The investment is worth up to £100m and is expected to create more than 500 new jobs in Scotland.

    Read more

  • Scotland Visitor Survey

    30th January 2012 by

    VisitScotland has just published their Scotland Visitor Survey, which shows 98% of visitors to Scotland are likely to recommend the country to others, and a further 84% planning to make a return trip in the next five years.

    Read more

  • Dark Sky Observatory

    27th January 2012 by

    I travelled to Dalmelington today to join Cath Seeds and Mark Gibson in celebrating the start of work on the Dark Sky Observatory – a wonderful new project which will create a visitor attraction for buzzing stargazers and astronomers in Britain’s only dark sky park. The Galloway Forest Park area enjoys some of the darkest...

    Read more