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
Scottish Government
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
Young people struggling to access employment will be supported by an additional £4 million through the Scottish Government's Young Person’s Guarantee. The funding will help young people impacted most by the pandemic, including those who are care-experienced and those experiencing mental
Applications are now invited for a fund to support Scottish food and drink suppliers and producers to invest in future growth. The annual Food Processing, Marketing and Cooperation Grant Scheme (FPMC) enables investment across a range of projects including buildings and equipment, feasibility studie
Cabinet secretary for finance and the economy Kate Forbes yesterday addressed the second meeting of a new task force, set up to transition Scotland to become a global leader for Green and Sustainable Financial Services. Set up at the end of February, the task force brings together the Scottish finan
Scotland’s onshore GDP is now estimated to have grown by 1.6% during 2021 Quarter 4 (October to December), according to updated statistics announced yesterday by the Chief Statistician.
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