Scottish Government

Strategies to attract foreign investment and open up international trade for Scottish companies have reported successful results. Business minister Ivan McKee told the Scottish Parliament that the export growth strategy, A Trading Nation, has delivered an additional £3 billion of planned inter

Around £500 million in savings have been found as resources are focused on tackling the “harsh reality” of the cost of living crisis, deputy first minister John Swinney has said. He updated the Scottish parliament on steps being taken to meet the increased costs of public sector pa

Finance leaders have welcomed a statement issued by deputy first minister John Swinney today, committing both the Scottish Government and one of Scotland's biggest industries to maintaining close collaboration aimed at tackling the "rapidly escalating" cost crisis for households and businesses. The

Leaders from the world’s largest financial institutions are to meet in Scotland to discuss progress towards positive global change as the COP26 anniversary approaches. The World Bank, the Bank of England, and major finance and investment firms will be present at the key summit in Edinburgh, in

A new group has been established to help Scotland’s retail sector as it recovers from the pandemic has discussed soaring energy costs and the impact of Brexit.

The benefit of international trade to Scotland’s economy has been underscored after new figures from Scottish Development International (SDI) revealed exporters will provide a significant boost to the nation’s finances.

New figures show Scotland’s public finances are recovering from the coronavirus pandemic faster than the UK as a whole. The Government Expenditure and Revenue Scotland (GERS) 2021-22 statistics show Scotland’s deficit fell by 10.3%– compared to a drop of 8.4% for the UK.

Wylie & Bisset, accountants and business advisers, has suggested the Scottish Government Resilience Committee could consider a review of Scotland’s income tax rates to help mitigate the impact of the cost-of-living crisis currently affecting people and businesses. Chaired by the First Mini

The UK’s deal with New Zealand is “damaging” to Scottish farmers and food producers, according to the Scottish Government. The UK’s Free Trade Agreement with New Zealand will allow for much higher quantities of produce to come into the UK tariff-free, leaving “a lack of

Scotland’s onshore GDP increased by 0.6% in May, after the fall of 0.5% in April, according to statistics announced today by Scotland's Chief Statistician.

A total of 24 projects from across the country have been awarded funding of £110,000 to promote and showcase quality regional produce.

Finance minister Kate Forbes has joined her counterparts in Wales and Northern Ireland to call for further action to help households and businesses ahead of another increase in energy prices. In a joint letter to the new Chancellor of the Exchequer Nadhim Zahawi, ministers say the focus should be on

According to new figures published by HMRC, Scotland has outperformed the rest of the UK with total exports up 5.7% for the year ending March 2022. As a whole, when excluding oil and gas, the UK's total exports is down 2.8%.

Deputy First Minister John Swinney will take on responsibility for the finance and economy portfolio when cabinet secretary Kate Forbes starts her maternity leave next month. The cover arrangements are being made as Ms Forbes is expecting her first child at the end of July. Mr Swinney will take on t

Figures released today by the Department for International Trade have revealed that 4,400 jobs were created as a result of inward investment over the past year. The latest figures show a 36% increase in jobs in 2021, with 1,163 new roles created since 2020. A total of 119 new projects in Scotla