Scotland's Economy

  • 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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  • Ministerial Statement: The contribution of place-based economic development zones

    21st January 2021 by

    Trade Minister Ivan McKee: Presiding Officer, today, I have published findings from a survey conducted at the end of 2020 on “Scotland’s Economic Performance: The Contribution of Place-Based Economic Development Zones” and I welcome the opportunity to set out some of those findings and next steps to Parliament. The survey sought the views of businesses,…

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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: 22/3/19

    22nd March 2019 by

    Labour Market Statistics Scotland’s Labour Market statistics from November 2018 to January 2019 showed: Scotland’s employment rate rose by 0.3 percentage points to 75.3% Unemployment in Scotland fell to 3.4%, the lowest rate on record Unemployment rate in Scotland (3.4%) is lower than the UK (3.9%) for sixth month in a row Scotland’s youth employment…

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  • EU taking more than half of Scotland’s exports

    6th December 2018 by

    The publication of HMRC’s Regional Trade Statistics this morning shows the importance of the EU market to Scotland. Speaking from Hamburg, where he is discussing further growth in Scotland’s trade with Europe, Trade Minister Ivan McKee, said: “These are very encouraging figures. The value of Scotland’s annual goods exports increased by 6 per cent to…

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  • State of the economy

    5th March 2012 by

    The Scottish Government’s Chief Economist today published the quarterly State of the Economy report, which provides further evidence that supports my calls to the Chancellor to use the Budget to invest more in capital projects, take action to boost lending to business and build consumer confidence.

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