Articles
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3 days ago |
holyrood.com | Ruaraidh Gilmour
Scotland’s economy has shown tentative signs of recovery, with forecasts from the Scottish Fiscal Commission predicting GDP growth of 1.5 per cent in 2025 and 1.6 per cent in 2026. Kate Forbes, who held the finance and economy brief between February 2020 and March 2023, before a period away from the government frontbenches while Humza Yousaf served as first minister, is now back as deputy first minister and is charged with growing Scotland’s economy.
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3 days ago |
holyrood.com | Ruaraidh Gilmour
Scotland’s economy has faced stark challenges in recent years. Exiting the European single market, the pandemic, and the energy crisis sparked by Russia’s invasion of Ukraine have placed a strain on Scottish businesses and, as a result, economic growth has been slow. Although annual GDP in 2021 increased by 8.9 per cent, it followed a 12 per cent contraction in 2020 due to the effects of the pandemic.
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5 days ago |
holyrood.com | Ruaraidh Gilmour
The Scottish Government’s position on funding for defence industry programmes through its enterprise agencies is “frankly incoherent”, Jackie Baillie has said. Her comments come after Scottish Enterprise reportedly refused £2.5m- worth of funding to Rolls-Royce Submarines for a specialist welding skills centre, putting jobs at risk. In response, the UK Government announced at the weekend it would make up the funding shortfall if the Scottish Government continued to refuse to back the scheme.
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5 days ago |
holyrood.com | Ruaraidh Gilmour
Tens of thousands of offshore energy jobs will be at risk by 2030 unless urgent and coordinated action is taken immediately, according to a new report from Robert Gordon University. It warns that the UK oil and gas energy workforce could shrink by 400 jobs – the same number lost in the closure of the Grangemouth oil refinery – every two weeks for the next five years.
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2 weeks ago |
holyrood.com | Ruaraidh Gilmour
Earlier this month, in the programme for government, John Swinney told Holyrood that Scotland had met its target to bring down children and adolescent mental health waiting times. Over 90 per cent of young people were starting treatment within 18 weeks of their referral – the first time this has happened since the standard was set in 2014.
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