Scots GDP grew 0.6% over Q2, but contracted in June
The Scottish Government said that Scotland’s GDP grew 0.6% in real terms over the second quarter of 2024 (April to June), after growing 0.5% in…
The Scottish Government said that Scotland’s GDP grew 0.6% in real terms over the second quarter of 2024 (April to June), after growing 0.5% in…
The latest EY ITEM Club Scottish Summer forecast said that Scotland’s economic recovery is gaining momentum, “suggesting fertile conditions for growth.” It said the latest quarterly GDP…
The UK’s public sector net debt excluding public sector banks was provisionally estimated at around £2.74 trillion or 99.5% of gross domestic product (GDP) at the…
UK central government debt has risen to £2.743 trillion, or 99.8% of gross domestic product — the highest percentage since 1961 — according to latest statistics…
Scotland’s GDP grew by 0.7% in real terms during the first quarter of 2024, after falling 0.5% in the previous quarter. In the first quarter,…
Scotland’s onshore gross domestic product (GDP) grew 0.4% in December, according to Scotland’s Chief Statistician. This followed 0.8% contraction in October and no growth (0.0%…
The UK’s public sector net debt (PSND ex) reached £2.596 trillion at the end of June 2023 — around 100.8% of the UK’s annual gross…
The public debt of the UK could rise to more than 300% of gross domestic product (GDP) by 2072-73, up from today’s 100%, the UK…
Scotland’s GDP in 2022 including oil and gas extraction in Scottish waters is estimated to have been £210.7 billion in total or £38,509 per person,…
The UK’s public sector net debt surpassed 100% of gross domestic product in May — for the first time since 1961 — as May borrowing…
Scottish Enterprise has published a report into Scotland’s blockchain economy with a forecast that claims the technology has the potential to add £4.48 billion to…
Scotland’s onshore gross domestic product (GDP) fell by 0.3% in August, after remaining flat with 0.0% growth in July, according to statistics announced today by…
By Mark McSherry The UK government faces an unsustainable debt burden more than three times its current level unless future governments raise taxes to fund…
Scotland’s Chief Statistician has released statistics showing Scotland’s gross domestic product (GDP) grew 6.9% in 2021 compared to 2020. Equivalent UK growth over the year…
Scotland’s onshore GDP fell by 0.4% in December, according to statistics announced on Wednesday by the Chief Statistician. Output remains above the pre-pandemic level of…
Scotland’s onshore economic output is now estimated to be back above pre-pandemic levels, according to new figures published by the Chief Statistician. The figures show…
Scotland’s GDP is expected to grow by 4.8% this year, according to new analysis by KPMG UK. With Omicron posing a milder setback than earlier…
Scotland’s Chief Statistician has released statistics showing that onshore Scottish gross domestic product (GDP) rose 4.7% during the April to June quarter of 2021. Over the…
Scotland’s onshore gross domestic product (GDP) grew by 0.9% in June, according to statistics announced on Wednesday by the Chief Statistician. “Using the experimental monthly…
Scotland’s onshore GDP grew by 0.9% in May, according to the latest statistics from the Chief Statistician. However, output remains 2.7% below the pre-pandemic level…
Scotland’s onshore GDP grew by 2% in April as the stay at home restriction was lifted and the phased re-opening of consumer-facing services began, according…
The lifting of lockdown restrictions and a positive outlook for manufacturers and oil and gas firms in 2021 “will spark a stronger than previously projected…
Scotland’s onshore gross domestic product (GDP) grew 2.1% in March, according to latest statistics from the Chief Statistician. Output remains 5.4% below the pre-pandemic level…
The UK’s public sector net debt rose £333.5 billion in the first nine months of the financial year to reach £2.13 trillion at the end…
The UK’s Office for National Statistics (ONS) said on Tuesday that public sector net debt rose by £301.6 billion in the first eight months of…
Scotland’s GDP increased by 0.6% in October, according to statistics announced on Friday by the Chief Statistician. This is the sixth consecutive month of increasing…
Scotland’s Chief Statistician has released new statistics showing that the Scottish economy grew by 16% during the third quarter of 2020, covering July to September,…
The Scottish Government has unveiled what it called a “new, targeted inward investment plan” that aims to further internationalise Scotland’s economy. The plan represents a…
Scotland’s gross domestic output (GDP) increased by 2.6% in August, according to statistics announced on Wednesday by the Chief Statistician. This is the fourth consecutive…
Scotland’s economy has recovered about half of the fall in gross domestic product (GDP) lost during the coronavirus pandemic, but may not return to pre-pandemic…
Scotland’s gross domestic product (GDP) increased by 6.8% in July, according to statistics announced on Wednesday by the Chief Statistician. The July increase follows revised…
Scotland’s Chief Statistician has released statistics showing the Scottish economy measured by gross domestic product (GDP) contracted by 19.4% during the second quarter of 2020…
Scotland’s gross domestic product (GDP) increased by 5.7% in June, according to statistics announced on Wednesday by the chief statistician. The growth in June followed…
The UK’s gross domestic product (GDP) plunged 20.4% in the second quarter of 2020 amid the coronavirus lockdown — the most severe contraction reported by…
Scotland’s gross domestic product (GDP) increased by 1.5% in May — after falls of 18.9% in April and 5.5% in March — according to statistics…
By Mark McSherry The Institute for International Finance (IIF) said on Thursday that global debt surged to a record $258 trillion in the first quarter…
The debt of the UK government at the end of May 2020 was 100.9 % of gross domestic product (GDP), the first time that debt…
Scotland’s GDP is provisionally estimated to have fallen by 18.9% in real terms during April — after a 5% fall in March, the Scottish Government…
The latest State of the Economy report published by the Scottish Government’s chief economist Gary Gillespie estimates that gross domestic product (GDP) in Scotland could…
Enhanced 4G and 5G capability has the potential to increase Scotland’s GDP by £17 billion by 2035, according to a new report from Scottish Futures…
Scotland’s 2018 GDP, including oil and gas extraction in Scottish waters, has been estimated at £179.5 billion or around £32,900 per person — compared to…
A ‘No Deal’ Brexit would cause Scotland’s gross domestic product (GDP) to fall by up to 7%, according to a new report by the Scottish…
Glasgow Housing Association’s investment programme for the past 15 years – the biggest of its kind in Europe – has boosted Scotland’s gross domestic product…
New statistics have confirmed the Scottish economy grew by 0.5% during the second quarter of 2018, unchanged from the first estimate. Compared to the same…
Scotland’s economy continued to strengthen in the first half of 2018 with annual GDP growth the strongest since 2014 and above the UK as a…
Scotland’s GDP for 2017-18 has been estimated at £170.4 billion in total — or £31,367 per person — including a geographical share of UK extra-regio…
Latest data published on Wednesday shows Scotland’s gross domestic product (GDP) grew 0.2% in the first quarter of the year compared to 0.1% growth for…
Scotland’s onshore GDP for the whole of 2017 is estimated at £152.1 billion, or £28,046 per person in current prices, according to the latest Quarterly National…
The Scottish economy grew 0.3% in the fourth quarter of 2017, according to statistics announced by Scotland’s chief statistician. UK GDP growth for this quarter was…
A new “economic impact analysis” by the Scottish Government said that a failure of the UK to remain in the Single Market or to secure a…
EU nationals working in Scotland contribute an average of £34,400 each to gross domestic product – more than £4.4 billion a year – according to…
Scotland’s notional deficit fell by £1.3 billion to £13.3 billion in 2016-17 to stand at 8.3% of GDP — about triple the UK figure of 2.4%….
Advertising contributed £8.8 billion to Scottish gross domestic product (GDP) in 2015 — about 5.6% of the Scottish economy — according to a new report from Biggar…
Scottish gross domestic product (GDP) grew 0.4% over the year of 2016 but contracted 0.2% in the fourth quarter compared to the previous three months, according to Scotland’s…
The UK Government should announce an immediate stimulus of 1.25% of GDP in the Autumn Statement, according to a new paper from Edinburgh-based investment giant Standard Life…
Scottish gross domestic product (GDP) grew 0.4% in the second quarter of 2016 — compared to 0.7% for the UK — according to statistics from Scotland’s Chief…
Growth in Scotland’s gross domestic product (GDP) is forecast to slow as a direct result of the EU referendum, according to a revised economic commentary…
The output of the Scottish economy remained flat during the January to March quarter of 2016, according to gross domestic product (GDP) statistics from Scotland’s chief…
A United Kingdom vote to leave the European Union “would trigger negative economic effects on the UK, other European countries and the rest of the world”…
The time has come for Edinburgh and Glasgow to have “directly elected mayors that work together formally” to promote Scotland’s Central Belt as a “Growth…
UK government borrowing totaled £51.4 billion between April and July — the first four months of the financial year — which was £4.7 billion more…
The Scottish Government said on Wednesday that revenue generated for Scotland’s public services increased by £1.7 billion last year to £88.5 billion “driven by a…
Global stock markets fell sharply on Monday — with the Japanese index suffering its worst day in 37 years — as investors around the world…
The Scottish economy is predicted to grow more in 2024 compared with last year, with real GVA expected to be 0.9% higher across 2024 —…
The Adam Smith Institute (ASI), the free-market think tank, has said the UK state pension could go bust as early as 2035. The institute said it…
SSE plc, the Perth-based electricity infrastructure giant, said it swung to a pretax profit of £2.495 billion in the year ended March 31, 2024, from a…
More than 3,000 full-time equivalent (FTE) jobs could be supported and £300 million generated for the UK economy through the establishment of a CO2 Transport…
KPMG has released its first ever report on the state of the Scottish Economy, predicting “slow but steady growth” over the next two years. The…
UK central government borrowing in the financial year ending March 2024 was provisionally estimated at £120.7 billion, £7.6 billion less than in the same 12-month…
Scotland’s public sector procurement spend generated more than £13 billion in economic activity and contributed £7.5 billion to Scotland’s GDP in 2021-22, a new report…