Scotland’s GDP is confirmed to have fallen by 2.5% during the first quarter of 2020, according to statistics announced today by Scotland's chief statistician.
Scottish Government
A funding package of £10 million has been established by the Scottish Government to help the Scottish events sector recover from the coronavirus pandemic.
A new £4 million funding stream for the independent museums sector to help bolster resilience following the coronavirus pandemic has been announced by culture secretary Fiona Hyslop. The Museums Resilience and Recovery Fund will provide support for Scotland’s museums and galleries and wi
Tourism, business, community and agricultural projects across Dumfries and Galloway and the Scottish Borders have been awarded more than £2.1 million to support economic development across the region.
The Outer Hebrides, Orkney and Shetland will benefit from investment of up to £100 million as part of the Islands Growth Deal.
The Scottish Government has announced that people looking for work or those at risk of redundancy will benefit from £100 million of additional assistance to move into work or retrain.
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
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
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
Farmers and crofters in Scotland are being offered £1 million in funding from the Scottish Government to diversify into forestry and help with the fight against climate change.
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
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
Scotland's finance minister Kate Forbes is being urged to match England's stamp duty tax cut for house buyers.
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
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