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Scottish Business Pledge – Good for Business. Good for Scotland.
10th October 2019
The refreshed Scottish Business Pledge has been launched today following a review in 2018. Making a commitment to the Business Pledge promotes fairness, equality, opportunity and innovation in Scotland, which in turn creates greater economic success and sustainable, inclusive growth. The reinvigorated Business Pledge has been restructured to better support businesses seeking to make a…
Scottish Government response on Babcock
12th September 2019
Commenting on Babcock being selected as preferred bidder for the £1.25 billion contract to build five Type 31 frigates, Economy Secretary Derek Mackay said: “I am delighted that Babcock has been selected as preferred bidder for the £1.25 billion contract to build five Type 31 frigates and look forward to working with them to maximise…
Update on Ferguson Marine
12th August 2019
Economy Secretary Derek Mackay said: “The Scottish Government has been working for over two years to find a resolution to the difficulties at FMEL. Throughout that time our preference has been to identify viable commercial options to keep the yard going and to finish the vessels. No such solutions have come forward. “The Scottish Government has…
Heads of Terms signing for Borderlands
1st July 2019
Infrastructure Secretary Michael Matheson has signed the Heads of Terms agreement for up to £85m Scottish Government investment in the Borderlands Inclusive Growth Deal. The signing of the agreement, which took place at the Mountain Bike Centre of Scotland at Glentress in the Scottish Borders, is a major step towards the funding of projects and…
Response to UK Government Spring Statement
13th March 2019
Public Finance Minister Kate Forbes has responded to the UK Government’s Spring Statement today, saying: “Amid the continuing uncertainty around the UK’s EU exit, the Spring Statement failed to provide businesses with any reassurances about their future and offered no clarity on future funding for Scotland. “Years of austerity and continued uncertainty at the hands…
Rates reform progress
22nd February 2019
Implementation of Barclay Review moves to next stage. Businesses have given their views to help shape a bill to implement changes to the rates system. The Non Domestic Rates (Scotland) Bill which supports growth, increases fairness and streamlines administration will be introduced to Parliament before Easter. An independent analysis report of consultation responses, along with…
Growing our strong investment in infrastructure during 2019 – Michael Matheson
31st December 2018
Infrastructure investment is one of the four pillars of the Scottish Government’s economic strategy which is why in 2019-20 our capital programme will invest more than £5 billion across Scotland. We know the value of investing in infrastructure goes beyond the physical homes, schools, hospitals we see as the projects begin to open. It unlocks…
This Week: 28/12/2018
28th December 2018
Priorities for 2019 Finance and Economy Secretary Derek Mackay has set out his priorities for 2019 in an article in The Herald. Read more Improving ferry access Further accessibility improvements will be made on Scotland’s ferries following the fourth round of awards from the Ferries Accessibility Fund. Almost £80,000 is being awarded to Serco NorthLink…
This week: 21/12/2018
21st December 2018
£2m to assist Glasgow’s fire recovery Around £1.85 million of the Scottish Government’s Fire Recovery Fund is to be used by Glasgow City Council to provide business rates relief and support business recovery. Every business in the immediate fire cordon area and eligible businesses in the wider Sauchiehall Street area will receive 100% business rates…