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Nicola Sturgeon: UK is in midst of rapidly deteriorating economic crisis

Scotland’s First Minister has said the UK is in the midst of a “rapidly deteriorating economic and financial crisis” as she urged the Government to act. The Bank of England was forced to step in on Wednesday, announcing plans to buy government bonds ...

28 Sept 2022 at 19:01

Kate Forbes announces birth of baby daughter

Scotland’s Finance Secretary Kate Forbes has had a baby girl, she and her husband have announced. Naomi MacLennan was delivered at Raigmore Hospital in Inverness on Thursday August 4, weighing seven pounds 13 ounces (5.3 kilos). Ms Forbes and her ...

08 Aug 2022 at 17:50

There is nothing in spring statement to reduce bills, says Kate Forbes

There was “nothing” in the Chancellor’s spring statement that would reduce household bills, Scotland’s Finance Secretary Kate Forbes has said. Rishi Sunak announced on Wednesday that fuel duty would be cut by 5p per litre, as well as an increase ...

23 Mar 2022 at 15:25

Scotland

Kate Forbes: Scottish GDP figures show resilience but recovery is still fragile

Scotland’s economic recovery from Covid “remains fragile”, the Finance Secretary has warned, despite the latest GDP figures recording estimated growth of 1.1% in January. Monthly data showed that the economy is now 0.8% above the level it was ...

23 Mar 2022 at 12:55

There is nothing in Chancellor’s spring statement to reduce bills – Kate Forbes

23 Mar 2022 at 18:25

Scotland

GDP growth shows ‘resilience’ of economy – Finance Secretary

GDP growth of 1.3% in the last three months of 2021 shows the “resilience” of Scotland’s economy, Finance Secretary Kate Forbes has said. That was achieved at the same time as the emergence of the Omicron variant of coronavirus forced ...

16 Mar 2022 at 11:55

Scotland

Kate Forbes urges Chancellor to provide more support amid rising living costs

Finance Secretary Kate Forbes is calling on the UK Government to provide urgent support to mitigate the rising cost of living amid “acute challenges” for households and the economy. Ms Forbes has written to Chancellor Rishi Sunak ...

20 Mar 2022 at 01:25

Scotland

Lib Dems to push for resignations if ferry completion deadline is missed again

The Scottish Lib Dems are set to push for resignations if the timetable for the completion of two delayed and over-budget ferries is missed again. Kate Forbes told MSPs last month that the Glen Sannox and as yet unnamed hull 802 ...

20 Apr 2022 at 01:25

Scotland

Gordon Brown: Devolved leaders should unite to demand more cost of living help

Devolved leaders across the UK should join forces to demand a change in approach from Westminster in response to the cost of living crisis, a former prime minister has said. People across the country are braced for a spike in ...

14 Mar 2022 at 13:55

Scotland

Holyrood Finance Committee convener slams Westminster ‘council tax swindle’

Westminster has been accused of a “council tax swindle” which could cost households £115 each after the Scottish Government confirmed it had not received £290 million of cash to help with the cost of living. Finance ...

07 Mar 2022 at 17:25

Scotland

Kate Forbes targets economy that ‘significantly outperforms’ last decade

A new economic strategy for Scotland will aim to deliver growth that over the next 10 years “significantly outperforms the last decade”. Finance Secretary Kate Forbes said while the Scottish Government could do ...

27 Feb 2022 at 01:25

Scotland

Taskforce launched to drive green financing

A new taskforce is set to be launched to make Scotland a “leading hub” for environmentally friendly financing. The Scottish Taskforce for Green and Sustainable Financial Services will be launched at an event ...

26 Feb 2022 at 01:25

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