Scottish Government

The Scottish Government has called for an extension of its financial powers within a newly published blueprint for the country's economic recovery. The report entitled COVID-19: UK Fiscal Path – A New Approach also proposes the creation of a UK-wide £80 billion stimulus package to r

Scottish Government advisors are calling for ministers to levy more tax from Scotland's higher earners to boost the country’s economic recovery and relieve the burden on lower-paid Scots. 

Finance secretary Kate Forbes has formally requested new powers to help Scotland meet “the significant economic and fiscal challenges” of coronavirus. Writing to the Chief Secretary to the Treasury, she details the temporary changes being sought by the Scottish Government. 

A new taskforce created to drive forward the recovery of Scotland’s vital tourism sector is to meet for the first time. The Scottish Tourism Recovery Taskforce (STRT) is made up of more than 30 businesses with experience from across the industry. It is co-chaired by tourism secretary Fergus Ew

Banks should find new ways to finance struggling businesses to ensure their survival amid the coronavirus pandemic, according to a Scottish Government advisory group.  The call is part of the recommendations of the advisory group who were asked to consult on ways to lead Scotland towards a

Dame Carolyn Fairbairn, CBI director-general and Tracy Black, the CBI’s Scotland director, have written to First Minister Nicola Sturgeon urging her to put jobs and training, especially for young people, at the heart of economic recovery plans.

Yesterday, First Minister Nicola Sturgeon announced further changes to lockdown restrictions with all retail premises with outdoor entrances and exits allowed to re-open from Monday 29.

New figures released by the Scottish Government has revealed a small 2019-20 underspend is helping the country fight back against the coronavirus outbreak.

The Scottish Government has launched a £230 million return to work package which will see £51m allocated for business support. The package has been unveiled to help stimulate Scotland’s economy following the coronavirus pandemic.

Scotland’s GDP fell by 2.5% during the first quarter of this year, according to statistics announced today by Scotland's Chief Statistician.

A multi-million-pound fund has been set up by the Scottish Government to help the energy sector recover from the dual economic impacts of coronavirus and the oil and gas price crash. The £62 million Energy Transition Fund will support businesses in the oil, gas and energy sectors over the next

The Scottish Government has announced a £2 million funding package to support town centres and aid the recovery of local communities as coronavirus measures are gradually and carefully eased. The Towns and Business Improvement Districts (BIDs) Resilience and Recovery Fund is open to local

The UK's GDP fell by 20.4% in April marking the largest decline since monthly records began in 1997, according to the latest data from the Office for National Statistics (ONS).

The Scottish Government has published the results of the consultation on the replacement for European Structural and Investment Funds (ESIF). Scotland has been a major beneficiary of the ESIF since 1975 with an estimated investment of £4 billion between 1975 and 2006, and a further £820

An expert panel commissioned First Minister Nicola Sturgeon has recommended that Scots of working age are paid £11,000 a year as part of a new £186 million experiment in adopting a universal basic income. The report compiled by local authorities has insisted that a pilot of the radi