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The Scottish Government announced that, based on economic predictions in 2020, that Scottish unemployment figures were expected to increase to 8.2% by the end of 2020. Many areas of the Scottish economy, such as production markets, began to operate at reduced capacity in an attempt to slow the spread of the virus, meaning that productions rates ...
Based on the methodologies used, falling oil revenues resulted in the final GERS report before the referendum, published in March 2014, indicating a weaker Scottish economic position than previous years. The nominal Scottish deficit went from 5% in financial year 2011/2012 to 8.3% in 2012/2013. [15]
The Fraser of Allander Institute Economic Commentary provides an analysis of current economic performance, as well as examining future opportunities and risks within the Scottish economy. This includes forecasts for both the labour market and economic growth, as well as a section on government policy.
The Labour leader has pledged to put Scotland ‘at the heart of government’ and deliver 69,000 jobs across the country. Starmer urges Scottish voters to end ‘era of economic turmoil’ and ...
The overarching Scottish Government Directorates were preceded by similar structures called "Departments" that no longer exist (although the word is still sometimes erroneously used in this context). [3] As an overarching unit, the Economy Directorates incorporate a number of individual Directorates entitled: Chief Economist Directorate
The Scottish Government budget is an annual Act of the Scottish Parliament, giving statutory authority to the Scottish Government for its revenue and expenditure plans. For the financial year 2024/25 the budget was approximately £59.7 billion. [1] The Scottish Government Budget Bill is presented to Parliament by the Cabinet Secretary for Finance.
Cabinet Secretary for Finance and the Economy, Kate Forbes, revealed the Scottish Government's 10 year economic plan called National Strategy for Economic Transformation (NSET) on 1 March 2022. [1] This is the first strategic economic work the Scottish National Party administration had done since the publication of The Sustainable Growth ...
The eighteen-page report focused on the likely effects of North Sea oil revenue on the economic viability of an independent Scotland. The report stated: "It must be concluded therefore that revenues and large balance of payments gains would indeed accrue to a Scottish Government in the event of independence provided that steps were taken either by carried interest or by taxation to secure the ...