The Scottish Government has revealed plans to sell approximately £1.5 billion of its own bonds, nicknamed "kilts", starting in the 2026-27 financial year. The announcement by First Minister John Swinney follows rating agencies Moody's and S&P assigning Scotland an investment-grade credit r
Scottish Government
Slower growth in earnings and employment compared with the rest of the UK is weakening the impact of devolved taxes on Holyrood's budget. The Scottish Government's budget has been boosted by over £4 billion since the introduction of devolved taxes in 2015/16. But that figure is significantly l
A new report on Scotland’s International Strategy highlights that Scottish Government efforts to promote the nation abroad have been integral to securing record export sales, inward investment, and tourism growth. The annual report, launched by External Affairs Secretary Angus Robertson, detai
The Scottish Government is advancing plans to re-establish a direct ferry route between Scotland and Europe, linking Rosyth to Dunkirk. Agriculture and Connectivity Minister Jim Fairlie has instructed officials to prepare a consultation on the new service.
Ahsan Mustafa discusses the key reforms introduced by The Charities Accounts (Scotland) Amendment Regulations 2025, including modernised accounting thresholds, new safety dispensations for security risks, and alignment with UK reporting standards. The Scottish Government has introduced a major refor
The income threshold requiring a full audit for Scottish charities is set to double from £500,000 to £1 million, significantly reducing the administrative and financial burden on the sector. Secondary legislation has been laid in the Scottish Parliament which, if approved by MSPs, will t
Kenny Craig of Begbies Traynor has been appointed as trustee in Sequestration of the estate of the late Alex Salmond following an application to the Accountant in Bankruptcy made by Moira Salmond, in her capacity as executrix. The winding up of the former First Minister’s estate will include t
The Scottish Government recorded a £1 billion underspend in 2024/25 but still needs to move away from short-term measures to address a stark forecast gap between its spending plans and funding, according to Audit Scotland. The watchdog's 2024/25 audit of the Scottish Government's Consolidated
Thousands of North Sea oil and gas workers are set to receive support to transition into the sustainable energy sector, following an £18 million funding boost.
Scotland's Rural Affairs Secretary, Mairi Gougeon, has criticised the UK government's allocation of the Fishing and Coastal Growth Fund, labelling the £28 million offered to Scotland as "wholly unacceptable" and "insulting" to the nation's fishing industry. In a letter to the UK Minister of St
Deputy First Minister Kate Forbes has commenced a visit to Canada, including stops in Toronto and Nova Scotia, focused on getting more investment into Scotland. The visit will also promote collaboration with universities and academic organisations, and strengthen connections with Nova Scotia’s
Deputy First Minister Kate Forbes has visited industrial units in Fife built as part of £35 million Scottish Government investment in a programme which will encourage businesses to innovate and grow. Fife Interchange North in Dunfermline is part of the Industrial Innovation Investment Programm
The Scottish Retail Consortium (SRC) has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors, ahead of the Chancellor of the Exchequer’s Budget next month. In response to a written parliamentary question from Michelle Thomson MSP,
Scotland's entrepreneurial ecosystem has taken a major step forward with the launch of the Scottish Ecosystem Platform, the first comprehensive, open access platform to provide detailed information on startups, scale-ups and established private companies. By delivering actionable insights, it enable
A pioneering anti-cancer drug, potentially 500 times more potent than current treatments, is one of 18 projects to receive a share of a new £2.95 million fund designed to commercialise ground-breaking academic research. The £2.95m Proof of Concept Fund will support the commercialisation

