Scotland's Economy

  • 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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  • This week: 31/5/19

    31st May 2019 by

    Advancing Manufacturing Challenge Fund Manufacturing businesses will be able to improve their productivity and upskill their workforce with support from a £14 million fund. The Advancing Manufacturing Challenge Fund will support businesses develop their manufacturing capabilities by inviteing public bodies, academic organisations and charities to enhance their existing equipment and training services. To launch the...

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  • Infrastructure Commission for Scotland

    29th May 2019 by

    Infrastructure investment plays a critical role in creating an inclusive, sustainable economy. In December, I established the Infrastructure Commission for Scotland (ICS) to provide independent advice on the right vision, ambition and priorities for a 30-year strategy for infrastructure in Scotland to meet our future economic growth and societal needs. Over the course of 2018-19,...

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  • First year of employment service attracts over 10,000 participants

    29th May 2019 by

    Scotland’s first fully devolved employment support service has been accessed by more than 10,000 people in its first year. Fair Start Scotland (FSS), which launched in April 2018, encourages people to access employment support on a voluntary basis. The service has published its latest set of statistics to 29 March 2019 which show that: 10,063...

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  • Scotland and the Netherlands: European partners

    24th May 2019 by

    Despite the ongoing uncertainty over EU exit, the EU remains incredibly important to Scotland’s trading potential. And as our second largest export market, one country which is of particular significance is the Netherlands. Scottish exports to the Netherlands were estimated to be worth £2.5 billion in 2017 – 7.6% of all international exports – and...

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  • This week: 24/5/19

    23rd May 2019 by

    Business hubs Public Finance and Digital Economy Minister Kate Forbes launched a new network of business hubs in public libraries to support entrepreneurs. The Scottish Coworking Network has been developed by the Scottish Library and Information Council (SLIC) with Scottish Government funding and is aimed at providing local entrepreneurs, freelance workers, sole traders and start-ups...

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  • This week: 17/5/19

    17th May 2019 by

    Labour Market Statistics This month’s labour market statistics update, released by the ONS for January 2019 to March 2019, showed that the Scottish economy and jobs market continues to strengthen. The update showed: 2,682,000 people are now in work in Scotland Unemployment in Scotland fell to 3.2%, the lowest rate on record Scotland’s female employment...

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  • Unemployment rate at record low for fifth consecutive month

    14th May 2019 by

    Commenting on this month’s labour market statistics update, released by the ONS for January 2019 to March 2019, Business Minister Jamie Hepburn said: “The Scottish economy and jobs market continues to strengthen. “Scotland’s employment rate is 75.4% and the unemployment rate sits at 3.2%, a new record low and lower than the UK rate of 3.8%. Indeed...

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