Scotland dedicates more money to employability programmes
01/02/2012 16:27
Scotland has announced an additional £5 million for employability programmes in the country to help job seekers find the right role.The Scottish government is to spend a significant proportion of this year's Barnett consequentials on supporting economic recovery, including employment opportunities.
The Barnett consequential is money granted to ensure levels of funding in Scotland,
Wales and
Northern Ireland reach that awarded in England.
Ministers confirmed on January 31st they will grant a further £5 million to employability programmes in the country.
The funding comes on top of the cash already awarded to support the College Transformation Fund, Youth Employability programmes and the Cities Investment Fund.
Finance secretary John Swinney said: "We will take every possible opportunity to support economic recovery, create growth and maximise the effect of every pound spent.
"These Barnett consequentials will inject new support this financial year into housing, transport and employment programmes, helping get people into work, create new jobs, and meeting our ambitions for Scotland."
The news comes after Samsung Heavy Industries revealed it is to make a significant investment in Scotland's renewable energy industry, leading to the creation of around 500 jobs.
Fife is to be the base for the South Korean company's first European wind energy project, costing in the region of £100 million.
Scottish Enterprise and Fife Council will both work with Samsung to develop the project, which if successful will lead to the creation of nacelle, gear box assembly and blade manufacturing facilities in the country.
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Posted by Chris Burnham
