Scotland's Economy

  • Consultation closes on national economic transformation strategy

    6th September 2021 by

    We are absolutely committed to maximising Scotland’s economic potential and we want to work with others to build an economy for everyone. To help us deliver greater, greener and fairer prosperity we are working to deliver a new 10 year National Strategy for Economic Transformation. As part of that work extensive engagement is currently taking…

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  • Open letter to members of the construction and manufacturing sectors

    28th July 2021 by

    As you will be aware construction materials from plasterboard to timber, steel to insulation, are in short supply because of a combination of global factors in addition to EU Exit and COVID 19. This is having a significant impact as some businesses are unable to source the construction materials they need at a stable price….

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  • Supporting the manufacturing sector

    7th July 2021 by

    The construction industry touches every part of Scotland’s economy and, with its 143,000 jobs and turnover of around £19 billion per annum, is vital to our future prosperity. As a result of a global manufacturing slowdown some businesses are being affected and unable to source the construction materials they need. That is why we have…

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  • Response to latest trade statistics

    7th July 2021 by

    The latest HMRC Regional Trade Statistics further demonstrate the combined impact of COVID-19 and Brexit on Scotland’s trade. However, I am pleased to see that while exports from Scotland’s onshore economy are down 5% over the past year, this compares favourably with a reduction across the rest of the UK of 14%, demonstrating the work done…

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  • Encouraging workers to get their vaccines

    2nd July 2021 by

    We know vaccination is key to moving forward from the pandemic and I am pleased to be working with Scotland’s business organisations to encourage businesses up and down the country to support their staff to attend their vaccine appointments. See our joint statement: “The COVID-19 vaccine is a vital step in Scotland’s progress towards a…

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  • Support for Islands

    14th November 2020 by

    Islands Minister Paul Wheelhouse discusses support for the Islands

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  • Investment in Moray

    24th August 2020 by

    The signing of the Heads of Terms agreement for the Moray Growth Deal is an important milestone.

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  • Digital skills success – first graduates from £1 million scheme

    21st January 2020 by

    People out of work and those on low incomes have been helped to develop their digital skills through a new fund. Digital Economy Minister Kate Forbes met with some of the first beneficiaries of the £1 million Digital Start Fund, who have graduated from CodeClan, to hear how the specialist training has helped them achieve…

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  • This week: GERS, Denmark and equal employment opportunities

    23rd August 2019 by

    GERS Scotland’s notional deficit is falling faster than the UK’s, with onshore revenues increasing by 5.1% to reach £61.3 billion in 2018-19 as a result of continued economic growth. According to the Government Expenditure and Revenue Scotland (GERS) figures published on 21 June, Scotland benefitted from a £3 billion increase in onshore revenues in the last…

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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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