Scottish Government

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Scotland’s GDP increased by 1.5% in May, after the sharp falls of 18.9% in April and 5.5% in March, according to statistics announced today by the chief statistician. Although output has picked up slightly in May, it remains 22.1% below the level in February, prior to the direct impacts of the

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Four projects in Fife have received a share of an £83,150 funding package from the Scottish Government's Towns and BIDs Resilience and Recovery Fund to help business recovery after the coronavirus pandemic.  Last month, the funding was announced by Aileen Campbell, cabinet secretary

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A loan scheme to support farmers and crofters through the coronavirus crisis has been announced by rural economy secretary Fergus Ewing. With the additional uncertainty caused by Brexit, the National Basic Payment Support Scheme will maintain vital cash flow for farm and croft businesses by injectin

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Homebuyers will be able to take advantage of reduced rates of Land and Buildings Transaction Tax (LBTT) from this week, after finance secretary Kate Forbes responded to calls for a quick implementation of the change. The threshold at which LBTT begins to be paid will rise from £145,000 to &pou

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A coalition of economists, charities, think tanks and businesses have called on the Scottish Government to make a "nationwide pivot towards community-led social enterprises" as part of the economic recovery from COVID-19. In an open letter to First Minister Nicola Sturgeon, the coalition criticised

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The Scottish Government has issued a fresh call for the UK government to ease the financial restrictions imposed on devolved governments so they can better respond to the COVID-19 crisis. The call has come from finance ministers from the three devolved administrations across the UK, with Kate Forbes

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Finance secretary Kate Forbes has urged the UK Government to introduce a range of vital new measures to support Scotland’s response to the current economic crisis brought about by the coronavirus pandemic. Writing to the Chancellor in advance of his Economic Update on July 8, Ms Forbes has cal

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The Scottish Government is seeking urgent clarification from the UK government about the replacement of EU Structural funds (ESF) programmes, which will play an important role in planning for economic recovery from coronavirus. With just six months until the UK is set to leave the European Union, Iv

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