Edinburgh-based company Codebase has been awarded a contract worth up to £42 million to establish seven new tech scaler hubs across Scotland. First Minister Nicola Sturgeon announced the Tech Scaler contract, which is one of the largest investments by the Scottish Government into Scotland
Scottish Government
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%.
The Scottish Government announced this week that an additional £65 million of funding has been provided to Ukraine as part of UK’s military aid for Ukraine.
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
Scotland's onshore GDP decreased by -0.5% in April, according to statistics announced by Scotland's Chief Statistician. Output remains above the pre-pandemic level of February 2020, by 0.6%.
An assessment will be carried out into how funding for the Scottish Government is calculated. During a meeting of the Joint Exchequer Committee (JEC) the UK and Scottish Governments announced an independent report has been commissioned to evaluate the block grant adjustment funding arrangements for
The 2021-22 Provisional Outturn has been published detailing how the Scottish Government spent £47 billion on funding key public services to mitigate the impacts of the covid pandemic and help tackle the rising cost of living pressures. The remaining £650m of available funding has been c
A new monitor is being launched by the Scottish Government to help inform policy decisions to reduce Scotland’s vulnerability to future financial and environmental shocks, helping build a more prosperous, resilient, equal and sustainable economy. The Wellbeing Economy Monitor will complement t
Homeowners renting out their properties to visitors during events, festivals or sporting occasions could be exempted from a new licensing crackdown on short-term lets.
The Scottish Government’s income from homeowners has risen over 65% in the last three years according to analysis of the latest figures by property firm DJ Alexander Ltd. The firm found that the latest Land and Buildings Transaction Tax (LBTT) data reveals that the Scottish Government has seen
Finance Ministers across the UK met in Cardiff yesterday, with how to support people and businesses with soaring bills dominating discussion. The price of food, fuel, energy, clothes, travel costs and rent continue to go up as inflation rises. And OFGEM has warned energy bills are set to rise again
The Scottish Government worked collaboratively with local authorities and other key partners to direct significant public spending in unprecedented circumstances, according to a new Audit Scotland report.
First Minister Nicola Sturgeon will pledge the Scottish Government’s support to work in partnership with industry for a more resilient economy following the pandemic, to help create a wealthier, fairer and greener Scotland. In the opening address at the Scottish Council for Development and Ind
Eight new members have been appointed to an advisory group, with the aim of growing Scotland’s exports and delivering on the objectives of ‘A Trading Nation’ (ATN), the new group will meet for the first time today. The new members of the board are: