Scottish Government

The Scottish Government has confirmed the members of an expert panel providing advice as part of its emergency budget review (EBR). Sir Anton Muscatelli, Professor Frances Ruane and Professor Mike Brewer will assess the impact on Scotland of the UK Chancellor’s fiscal approach and held their f

BBC Studioworks has officially launched its new 10,500 sq. ft purpose-built studio, set in the heart of Glasgow’s West End in the iconic Kelvin Hall. Co-funded by the Scottish Government, through Screen Scotland and Glasgow City Council, the facility is a major boost to Scotland’s capaci

The Scottish Government has asked Scotland's Auditor General to launch an investigation into the awarding of the £97m Scottish ferries contract. The request comes after suggestions from a documentary arose that the process of awarding the contract have been rigged as successful bidder Fer

The Chartered Institute of Taxation (CIOT) has responded to the Chancellor’s announcement last week, that the UK basic rate of income tax will be reduced to 19p and the UK additional rate of income tax abolished from April 2023. These changes will not apply to Scotland, where the power to set

Ten companies have been awarded a total of £9.4 million to help Scottish industries reduce carbon emissions through decarbonisation and energy efficiency projects. The recipients from the second round of the Scottish Industrial Energy Transformation Fund (SIETF) are predominantly involved in t

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.