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
Scottish Government
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.
The Scottish Government has announced that thousands of businesses can now apply for up to £15,000 to help retrain and upskill their workforce. The Flexible Workforce Development Fund provides workers in organisations of all sizes with access to training courses through local colleges, the Ope
The Scottish Government has backed Federation of Small Businesses (FSB) calls for an energy price cap to be extended to small businesses. The move came as First Minister, Nicola Sturgeon, gathered industry leaders at Bute House for an emergency summit on the mounting energy price crisis.
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 suggests Scottish Government Resilience Committee reviews Scotland’s income tax rates
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
An Edinburgh-led project to improve career progression for women and minority ethnic workers has received part of £800,000 available in government funding. Social enterprise Adopt an Intern Ltd (AAI EmployAbility) will lead the Diversity Works programme at Edinburgh-based Aegon Asset Managemen
Royal Bank of Scotland has called for donations to support Ukrainian refugees arriving in the capital through its donation distribution hub.
The Scottish Government has awarded a £500,000 contract to extend cyber resilience training to more than 250 organisations. The grant will enable the Scottish Business Resilience Centre (SBRC) to run online and in-person workshops for public services and third sector health, housing, and socia
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