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Home » News » Boosting the economy » New economic strategy

New economic strategy

3 March 2015

The First Minister launched a new economic strategy for the Scottish Government.

Growing Scotland’s Economy

The plan sets out ways that by becoming a fairer society, we will also become a more productive and more prosperous economy.

The First Minister, Deputy First Minister and Cabinet Secretary for Fair Work launched the strategy on a visit to a successful Scottish business, Calnex Solutions in Linlithgow.

Media and @CalnexSolutions staff listening to @NicolaSturgeon delivering speech about @scotgov economic strategy. pic.twitter.com/xCTcidr5uU

— scotgoveconomy (@scotgoveconomy) March 3, 2015

Calnex are a Scottish owned company that tests equipment for the telecommunications industry.

Growing Scotland’s Economy
Ministers met Calnex Chief Exec Tommy Cook who has driven the company to success over the last ten years. They are now world leaders in what they do and export 95 per cent of their business!

Growing Scotland’s Economy

The strategy focuses on four main themes – Investing in our people, Innovation, Inclusive Growth and Internationalisation.

FM @NicolaSturgeon: "it is time to stop inequality from holding us back. We must help individuals and companies to flourish."

— scotgoveconomy (@scotgoveconomy) March 3, 2015

The strategy shows that relatively small changes in Scotland’s long term economic performance can have important implications for output and employment.

For example increasing Scotland’s total factor productivity by just 0.1 percent per annum could boost GDP by 1.3 per cent and in turn boost employment by 11,000 and tax revenue by £400 million a year after 10 years.

Fabulous visit to @CalnexSolutions. Perfect example of an innovative, international company the @scotgov economic strategy wants to see.

— John Swinney (@JohnSwinney) March 3, 2015

Read the new economic strategy here

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Entries can be scanned and emailed to firstminister@gov.scot with the subject heading 'Christmas Card Competition' 🖥️ Or posted to St Andrew’s House, Regent Road, Edinburgh, EH1 3DG marked 'Christmas Card Competition' ✉️ Good luck! 🤞

Then make sure they enter before midnight on Monday November 30. ⏰ Pictures should be no larger than A3 and drawn in pen/pencil/crayon/paint only. No stickers or glued on pieces please. ✏️🖍️🖌️🎨

The First Minister is looking for a picture that represents kindness to use for her Christmas card this year.🎄📨 Do you know a young person under the age of 16 who can present the perfect festive picture to wrap up 2020? 🎁🎀

The original artwork for the First Minister's 2019 Christmas card will go to auction on Friday 27 November, Lot 870: bit.ly/361HnoO twitter.com/ScotGovFM/stat…

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