Prioritising public spending is essential to grow a stronger economy as Scotland recovers from the pandemic and faces up to the cost of living crisis, finance secretary Kate Forbes has said. Speaking ahead of the publication of the Resource Spending Review, Ms Forbes said more focused government and
Scottish Government
Proposals to help tackle the climate and biodiversity crisis by supporting Scotland’s transition to a zero-waste and circular economy have been launched. The measures, designed to significantly increase reuse and recycling rates, and modernise and improve waste and recycling services, are set
Projects which will improve Scotland’s timber transport infrastructure, benefit rural communities and help to decarbonise the forestry sector, have been awarded over £7 million from the Scottish Government. Work to upgrade fragile rural roads, the creation of new forest haulage routes, a
Finance secretary Kate Forbes has welcomed the short term action announced by the Chancellor of the Exchequer to ease the cost of living crisis, but warned more support is needed for households and businesses as the cost of living crisis worsens. Following calls from the Scottish Government, the UK
Households and businesses are struggling to cope with the cost of living crisis and need urgent action from the UK Government, according to finance secretary Kate Forbes. With inflation reaching a 40 year high of 9% and forecast to rise higher, Ms Forbes has written to the Chancellor of the Excheque
Legislation to support smaller businesses to raise finance, helping them maintain income and address rising business costs has been published by the Scottish Government. The Moveable Transactions (Scotland) Bill will give new opportunities to small and medium-sized enterprises (SMEs) and other busin
Experienced leaders from business, academia, third sector and trade unions have been appointed by the Scottish Government to the new delivery board promised in the National Economic Strategy to deliver Scotland’s long term economic ambitions. The National Strategy for Economic Transformation D
The ClearScore Group has announced plans to create 100 new jobs in Edinburgh through the launch of an Open Banking centre of excellence in the city. Over the next few years, the group plans to employ over 100 new members of staff, including developers, data engineers, data scientists and product and
New funding to help public bodies unlock and realise further investment in measures to improve energy efficiency and install low and zero-carbon heat systems in buildings has been launched by the Scottish Government. The Scottish Central Government Energy Efficiency Grant scheme will make £100
The unemployment rate in Scotland has fallen to a record low of 2.7%, according to the latest figures published by the Office for National Statistics. All regions of the UK saw a decrease in the unemployment rate compared with the same period last year, with Northern Ireland also experiencing record
A new round of funding to support fishing businesses and wider marine organisations in coastal communities is open for applications. Now in its second year, the Marine Fund Scotland has an overall budget of up to £14 million.
The UK Government must not introduce legislation which breaks international law, but instead find sustainable solutions to help ease trade between the UK and EU countries, according to economy secretary Kate Forbes. In a letter to the Chancellor of the Exchequer, Ms Forbes outlines concerns that the
The Scottish Marine Environmental Enhancement Fund (SMEEF) has received £500,000 from the Scottish Government’s Nature Restoration Fund to transform the health of Scotland’s coasts and seas. Now, NatureScot and partners are asking marine businesses and the larger industry to contri
The Scottish National Investment Bank (SNIB) has committed £9 million to fund the development of Circularity Scotland Limited, to help people recycle billions of single-use drinks containers every year. The Bank’s investment was key to securing an additional £9m capital from Bank o
The Scottish National Investment Bank (SNIB) has a key strategic part to play in helping to deliver Scotland’s low carbon heating systems. A new insight paper, ‘Scotland’s transition to net zero heat’ released today sets out the bank’s role in tackling the issue and bui