Brexit uncertainty resulted in significantly lower growth for the Scottish economy in 2019, the Scottish Government's State of the Economy report has found.
Scottish Government
Glasgow-based watchmaker anOrdain is set for growth after sealing a loan deal with UMi Debt Finance Scotland, a £12 million fund that forms part of the Scottish Government’s Scottish Growth Scheme.
Scotland’s labour productivity, as measured by output per hour worked, has increased by 0.8% over the year to the third quarter of 2019, according to statistics announced today.
Jon Pickstone, deputy director of regional economic development at the Scottish Government, has been elected to the board of the Institute of Economic Development (IED). The EID is the UK’s leading independent professional body for economic development and regeneration practitioners working fo
Ahead of the Scottish Budget, CBI Scotland has called on politicians of all parties to put the economy at the front and centre of the political debate in Scotland and focus on policies that will strengthen the economy and encourage investment.
Businesses can now apply for interest-free loans of between £5,000 to £100,000 to help invest in digital technologies and skills. Kate Forbes, digital economy minister, officially opened the second phase of the Digital Development Loan for applications as she visited a previous recipient
First Minister Nicola Sturgeon and the Lord Mayor of London William Russell are spearheading a joint effort to grow the Scottish green finance sector. On Tuesday they will co-chair a green finance roundtable in Edinburgh, bringing together prospective and current investors in the sector and prominen
Companies are benefiting from £170,000 of Scottish Government funding to use artificial intelligence (AI) to help tackle the global climate emergency. Six applicants have been chosen to develop AI-enabled technology through the Can Do Innovation Challenge Fund, managed by Scottish Enterprise.
Engineering design and manufacturing firm Albacom is set to expand after raising £500,000 to develop its business in new markets. Albacom secured a £400,000 loan from the Scottish Loan Scheme (SLS), part of the Scottish Government’s Scottish Growth Scheme, which is administered by
A new website which makes it easier for businesses to get information and support is one of the measures in the Scottish Government's refreshed Economic Action Plan for Scotland.
Projects for disadvantaged young people will share £19 million seized from criminals through the Cashback for Communities programme run by the Scottish Government. The CashBack for Communities scheme reinvests criminal assets into community projects which support young people into positive des
Opportunity North East (ONE) has announced that the Centre of Excellence for Food and Drink Industry has secured £10 million of capital funding from the UK Government and the Scottish Government. The food and drink development hub secured the funding through the Aberdeen City Region Deal.
The Scottish Government has announced that it will redouble its efforts to support sustainable economic growth this week, with a number of key commitments helping the transition toward a low carbon economy taking a significant step forward. This focus on green energy comes ahead of the UK's imm
Three-quarters of Scottish firms believe that giving councils additional powers over non-domestic rates would be bad for business, according to a new survey from the Federation of Small Businesses (FSB). The poll - conducted over the last month - also shows that seven in 10 businesses are opposed to
Loan payments are now being issued to provide financial support to hill farmers and crofters in some of Scotland’s most remote and marginalised areas, the Scottish Government has announced. Under the first tranche of the Less Favoured Area Support Loan Scheme payments, more than 7,500 eligible