Scotland's Economy

  • 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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  • 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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