Scottish Government

Willie Watt, the chair of the Scottish Government-owned Scottish National Investment Bank (SNIB) has refused to answer questions from MSPs on why Eilidh Mactaggart, the former chief executive of the bank, quit with a £117,500 exit payment. Mr Watt said he was unable “to provide any furth

Employment minister Richard Lochhead has said Scotland is losing out following the launch of the UK Government’s Shared Prosperity Fund which replaces previous EU structural funds. Speaking ahead of a Parliamentary debate today, Mr Lochhead said the UK Government had reneged on its promise to

Scotland’s onshore GDP grew by 0.4% in February, according to statistics announced by the Chief Statistician. Output remains above the pre-pandemic level of February 2020, by 1.3%.

Business minister Ivan McKee has said the UK Government’s Shared Prosperity Fund fails to deliver promised funding for Scotland following the UK’s exit from the European Union. New arrangements published today will see £32 million allocated to Scotland for 2022-2023 - £151 mi

Plans to introduce a new levy dubbed the “Amazon tax” on digital retailers and block the construction of new retail parks have been revealed as part of a programme to boost Scotland’s town centres.

Minister for business, tourism, trade and enterprise Ivan McKee yesterday took part in a series of engagements and visits in Inverness, including a roundtable with business leaders, to discuss how businesses can be supported and how best to deliver on the aims of the National Strategy for Economic T

The latest round of awards from the first year of the Marine Fund Scotland (MFS) has provided fishing businesses and marine organisations in coastal communities with £7.4 million in funding. Overall, around £14 million has been awarded to date in 2021/22 across a range of projects, inclu

Public bodies are being given advice on how to handle contract bids from companies linked to Russia. To help strengthen economic sanctions imposed on Russia following the illegal invasion of Ukraine, guidance has been published on how to reject bids to procure a contract for goods or services from f

Employability services to help those most at risk of long-term unemployment will receive up to £113 million of funding from the Scottish Government.  To deliver the ambitions set out in the National Strategy for Economic Transformation and the Child Poverty Delivery Plan, tailored service

Economy secretary Kate Forbes met with leading entrepreneurs and innovators in Glasgow to discuss working together to deliver the entrepreneurial ambitions of the National Strategy for Economic Transformation. In the first of a series of industry roundtables, discussions focused on the entrepreneuri

Future private investment in Scotland’s natural capital – such as peatlands and woodlands - will be subject to a set of principles to help ensure it delivers social, environmental and economic benefit. During COP26, the Scottish Government committed to develop a values-led and high-integ

The annual National Economic Forum will take place in Edinburgh later today, First Minister Nicola Sturgeon and economy secretary Kate Forbes will engage with a range of entrepreneurs, business experts, stakeholders and economists on the Scottish Government’s ambitious economic plans.

Scotland's Chief Statistician has released figures on local government finance in 2020-21, revealing that local authorities net revenue expenditure reached £11,108 million over the period. Education and social work were the services with highest net revenue expenditure, accounting for £5

The UK Government must take bold and decisive action to help protect people from soaring living costs, according to finance secretary Kate Forbes. Speaking ahead of the Spring Statement today, Ms Forbes said the Chancellor of the Exchequer must use every tool available to provide support through wha

Scotland’s onshore GDP is estimated to have increased by 1.1% in January, according to the latest figures published by the Scottish Government.