Protections for people who are in debt and experiencing mental health problems have been approved by the Scottish Parliament. The Bankruptcy and Diligence (Scotland) Bill includes the power to bring in a pause on debt recovery action until six months after the person has finished treatment.
Scottish Government
The Inward Investment Catalyst Fund from Interface and the Scottish Government is aimed at attracting businesses outwith Scotland, through developing partnerships with universities, research institutes, colleges and innovation centres.
A new £5 million investment package has been unveiled to bolster high-growth businesses and entrepreneurs in Scotland. This initiative forms part of the Scottish Government’s ongoing commitment to implement recommendations from the Logan and Pathways reports, aiming to foster a world-cla
First Minister John Swinney has outlined his economic ambitions for Scotland during a speech at the Barclays Campus in Glasgow’s financial district. Mr Swinney said poor decision-making at UK level, typified by Brexit and immigration policy, means the Scottish Government must work even harder
The Sustainable Aquaculture Innovation Centre (SAIC) has secured new funding to continue its support of fish health research and development (R&D), delivered in collaboration between the private and public sectors.
Thousands more taxpayers moved to Scotland than left each year in the period after Scottish Income Tax was brought in, new HMRC research has found. The study, looking at movement within the UK over 12 years, found a steady increase in net migration of taxpayers in the five years from when the tax wa
Companies which took part in the Scottish Government’s first ever business delegation at COP28 have said they expect to generate an estimated £66.74 million in net zero export sales over the next three years, according to a new report published today. A total of 19 net zero focussed Scot
A recent report has revealed the substantial impact of Scotland's public sector procurement expenditure, contributing over £13 billion to the nation's economic activity and bolstering its GDP by £7.5bn during the fiscal year 2021-22. The fifth annual report on procurement activity in Sco
A taskforce created to identify and propose solutions to barriers to investing in homes met for the first time yesterday. The first Housing Investment Taskforce meeting was held in London and attended by housing minister Paul McLennan and various stakeholders from housing and finance.
Scottish financial services industry has reported significant strategic strides as industry leaders meet to discuss continued growth and collaboration. Scottish Financial Enterprise, City of London Corporation and Scottish Government met in Edinburgh on Thursday to discuss opportunities for gro
Techscaler, the Scottish Government's tech startup support programme, and FinTech Scotland, the cluster body driving Scotland’s fintech innovation, have announced a strategic partnership poised to drive forward Scotland's fintech sector development. FinTech SMEs now employ more than 10,500 peo
Scotland's life sciences industry achieved record-breaking turnover of nearly £10.5 billion in 2021, new figures reveal. This £1.7bn increase from the revised 2020 figure surpasses the sector's ambitious £8bn target set for 2025.
Bio-based businesses in Scotland will soon have access to a vital new infrastructure that will enable them to scale up their products. Through Scottish Enterprise, the Scottish Government has announced an £847,000 investment to support the purchase and installation of a 300-litre fermenter at
The Scottish Retail Consortium has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors.
The small proportion of women running companies in Scotland must be addressed as a matter of urgency, Wellbeing Economy Secretary Màiri McAllan has told business leaders. Addressing Edinburgh Chamber of Commerce’s Annual Business Awards, Ms McAllan said the fact that only just over one-