November 2023

Scottish Budget 2024 Letter

Our recent letter to the Scottish Government, on behalf of our members, sets out the case for improving Scotland’s long-term economic performance.

As ever with such complex challenges there is no silver bullet, however our letter sets out clear areas of action, which can boost Scotland’s economic recovery. These range from the immediate unlocking of the Flexible Workforce Development Fund, which supports businesses of all sizes but most importantly hard-pressed small businesses, to invest in training, and halting the erosion of investment in our colleges and universities which is putting at risk the significant contribution they make to our increased prosperity and competitiveness. The recent Innovation Strategy outlines programmes which, if funded and taken forward, can make a difference. Finally, creating the right environment for investors encourages businesses to invest as well as attracting foreign investors. Getting this right now will set us on the right path to prosperity for the long term.

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