Scottish business organisations have responded to Chancellor Rishi Sunak's Spending Review statement, with some calling the announcement "disappointing". The chancellor announced that public sector pay will be frozen with the exception of NHS staff and those earning under £24,000. He also anno
Scottish Chambers Of Commerce
For July to September 2020, Scotland’s employment rate estimate rose over the quarter to 74.0%, according to the latest official labour market statistics published by the Office for National Statistics (ONS) today.
Dr Liz Cameron OBE, director and chief executive of the Scottish Chambers of Commerce (SCC), has been re-appointed as the ‘Scottish Business’ representative to advise the UK Government on strategic trade policy issues, including future trade agreements. SCC’s participation in
The Scottish Chambers of Commerce (SCC) has entered a new partnership with foreign exchange firm moneycorp. The partnership will provide members of the Scottish Chamber Network with the opportunity to manage currency risks and benefit from competitive foreign exchange rates, in addition to free
The Scottish Government is to set up a national training fund and jobs investment plan to support people at risk of redundancy or unemployment and create new jobs as part of Scotland's coronavirus recovery plan. Unveiled by First Minister Nicola Sturgeon during the Programme for Government 2020-2021
Scotland’s GDP increased by 5.7% in June, according to statistics announced today Scotland's chief statistician. The growth in the latest month follows an increase of 2.3% in May, and falls of 19.2% in April and 5.8% in March.
A new survey by the Scottish Chambers of Commerce has found that further direct financial support is needed to help firms deal with potential local lockdowns as over half of firms (56%) have reported lower levels of cashflow compared to one month ago. A total of 56% of the firms surveyed h
The USA has maintained its 25% duty on single malt whisky as the US trade representative announced the US would not proceed with proposals to impose tariffs on British goods such as gin, beer and vodka.
Scotland's unemployment rate increased by 0.4 percentage points to 4.5% from April to June this year, according to the latest Labour Market Statistics from the Office for National Statistics. The data also revealed that the proportion of people aged 16-64 in work decreased over the quarter by 0.4 pe
Two new funding packages from the Scottish Government worth £15 million will support the tourism sector as it continues to feel the impacts of the coronavirus (COVID-19) pandemic. A £14 million Hotel Recovery Programme will help to secure up to 3,000 jobs at Scotland’s larger hotel
The Scottish Government has announced that people looking for work or those at risk of redundancy will benefit from £100 million of additional assistance to move into work or retrain.
Unemployment in Scotland rose to 4.3% between March and May as the coronavirus lockdown restrictions hit the jobs market hard.
In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry. The cut marks a significant reduction from t
Business organisations across Scotland have welcomed First Minister Nicola Sturgeon's latest announcement on the easing of lockdown restrictions in Scotland.
The Scottish Chambers of Commerce (SCC) has called for VAT to be cut in the hospitality and tourism industry to help businesses who have been hit the hardest by the coronavirus pandemic.