The chairman of taxpayer-owned Scottish National Investment Bank has admitted that rocketing losses on the back of more failed investments are “painful” and “not where we want to be”. New figures show the bank’s loss for the year to the end of March surged by135% to &po
Scottish Government
Edinburgh Airport chairman Sir John Elvidge called on the Scottish Government to "take action" to ensure the Scottish National Investment Bank (SNIB) becomes a "permanent feature" of the Scottish financial landscape" in a new report. Sir John urged for the government to collaborate with the UK gover
Scotland generated a record £98.3 billion in revenue during 2025-26: an annual increase of £6.3 billion (6.9%), according to the Scottish Government. The revenue per person in Scotland at £17,718 was similar to the UK average of £17,720 in the same year, when revenue from the
Proposals to introduce higher council tax bands for Scotland’s most expensive homes have sparked debate over their potential impact on homeowners and the property market. The Scottish Government has launched a consultation on plans to create two new council tax bands for homes valued at more t
A new inquiry into the affordability and sustainability of Scotland’s tax and spending plans has been launched.
Scotland’s onshore GDP grew by 0.1% in the three months to April 2026, according to the latest figures published by the Scottish Government. GDP remained flat in the three months to January 2026.
SNP leader John Swinney has promised that private tenants will be given the right of first refusal when a landlord decides to sell their home, if his party wins the upcoming Scottish elections. Under the proposal, renters would be granted an exclusive period in which to purchase the property at a fa
The next Scottish Government should introduce a binding annual economic growth target, Scottish Financial Enterprise (SFE) has said. The call is part of a package of measures designed to make Scotland the “engine room” of the UK economy. SFE is calling on all political parties to adopt t
A Scottish think tank has accused the Scottish Government of pursuing housing policies it knows to be ineffective, warning that John Swinney’s proposed Help to Buy scheme for first‑time buyers will inflate prices, waste public money, and deepen the housing crisis rather than alleviate it.
A pioneering programme delivering business support for underrepresented women in Edinburgh has been showcased at an event in Scotland’s capital today. The pilot programme ‘Bold Beginnings’ – delivered by Elevator in partnership with Business Gateway Edinburgh, supported by Ci
MCR Pathways is to expand its award-winning mentoring programme thanks to a £1 million investment from the Scottish Government.
Scotland has unveiled a wide-ranging five-year AI strategy aimed at positioning the country as a leader in artificial intelligence. The plan sets out how people, businesses and public services can benefit from the technology, with independent analysis suggesting the AI sector could be worth £2
Ryanair is to invest £40 million in expanding its maintenance facility at Prestwick Airport, creating around 450 skilled engineering jobs and apprenticeships in a boost for the Ayrshire economy. The expansion will grow the existing facility from six to ten bays, making Prestwick the airline's
Work on Center Parcs’ new village in the Scottish Borders got officially underway yesterday when first minister John Swinney planted the first trees on the site. Mr Swinney was joined by schoolchildren from the Borders as well as Center Parcs’ CEO Colin McKinlay as afforestation began at
Celtic Renewables, the breakthrough Scottish green chemicals firm, has secured £16.23 million in public and private funding to scale its production of high-demand green chemicals. The funding comprises £5m in new investment from Scottish Enterprise, Scotland's national economic developme
