Scotland's Economy

  • Savings and Stabilisation Funds for Scotland

    2nd October 2013 by

    Today the Fiscal Commission Working Group has published its Savings and Stabilisation report, a report I welcome in its recommendation to establish both a stabilisation fund and a savings fund in an independent Scotland. Their work highlights the significant opportunities that Scotland’s oil and gas wealth presents and answers the key questions that have been...

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  • A budget for Scotland's future

    11th September 2013 by

    Today I brought to Parliament a budget for Scotland’s future. Global economic conditions continue to impact on economic confidence, I am therefore focused on boosting confidence in our economy to encourage private sector investment and growth. This budget focuses on supporting an investment led recovery and economic growth, supporting Scotland’s people and communities against the...

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  • Glasgow economy

    9th September 2013 by

    Manish Chande, Senior Partner of Mountgrange Glasgow is and always has been one of Britain’s great cities. It makes a huge contribution to the Scottish economy with annual output around the £16 Billion mark providing jobs for almost 600,000 people. Many of those jobs are in the service sector in the areas of finance, tourism,...

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  • Launch of Enterprise Ready Fund

    3rd September 2013 by

    Today sees the official launch of the Enterprise Ready Fund, a Scottish Government funded programme which will offer funds to help develop, maintain and grow Scotland’s enterprising third sector. This new fund will provide grants of up to £250K across four strands to support long term development objectives of new, emerging and established enterprising third...

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  • Making young people your business

    30th August 2013 by

    Today, the First Minister and I updated colleagues at today’s meeting of the Council of Economic Advisors on Make Young People Your Business week –  the Scottish Government’s campaign calling on employers – of all sizes, in all sectors and from across all of Scotland –  to invest in young people and grow their business....

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  • Protecting consumer rights

    13th August 2013 by

    Richard Lloyd, Executive Director, Which? We welcome the Scottish Government’s proposals contained in the paper Consumer Protection and Representation in an Independent Scotland: Options to create a regulatory landscape that puts consumers at its heart. We understand the desire for a simpler, more focused system but whatever form it ultimately takes, we want to see...

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  • Falkirk Council’s £67 million Tax Incremental Financing (TIF) scheme

    5th August 2013 by

    Today, we celebrate the launch of one of the country’s most significant projects to support economic growth and job creation. The Falkirk area, which is already a major contributor to the Scottish economy, has been awarded £67m from the Scottish Government through the Tax Incremental Finance scheme. This has given the green light for Falkirk...

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  • Employee ownership is a hidden gem for our economy,

    4th July 2013 by

    Today we are marking Employee Ownership Day. The Scottish Government has been a long-standing supporter of employee-ownership and its ability to root jobs and growth in localities. Over the last year I have visited a number of employee-owned ventures across Scotland, ranging from Clansman Dynamics who build robotic manufacturing equipment in East Kilbride to seafood...

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  • Scotland leads the way for youth employment

    13th June 2013 by

    Yesterday’s job figures have again highlighted a very Scottish success story. For the seventh month in a row we have seen a year on year drop in youth unemployment in Scotland, with the rate now down to 15.2 per cent. That’s over six percentage points lower than a year ago – and down from almost...

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  • Planning system helping Scotland’s wildlife

    4th June 2013 by

    Planning Minister Derek Mackay has been visiting a wildlife area at the shores of the Firth of Forth which could be enhanced as part of RSPB’s Futurescape project. Mr Mackay visited the Futurescape project area which includes the Kinneil Lagoons, near Grangemouth recently to discuss on going work to enhance internationally important habitats through strategic...

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