Growth expectations for the Scottish economy in 2025 are now weaker than previously anticipated, with an expected GVA growth of just 0.9% this year, 1.5%…

The total value of all private housing in Scotland has risen by £220 billion to £546 billion in the last 10 years, according to new research by…

The UK central bank of Thursday cut interest rates from 4.75% to 4.5% — the lowest base rate since June 2023. The Bank of England’s Monetary…

UK government borrowing in the nine months to December 2024 was £129.9 billion — £8.9 billion more than at the same point in the previous…

Scotland’s economy recorded strong growth in the first half of 2024 — but there are signs that growth is slowing in the second half of…

UK government borrowing in the seven months of the financial year to October, 2024, was £96.6 billion, £1.1 billion more than at the same point…

UK Office for National Statistics (ONS) statistics for the July to September quarter show the unemployment rate in Scotland fell about 1.1% to around 3.3%,…

The UK’s central bank cut interest rates on Thursday for only the second time since 2020 — but the Bank of England said future reductions are…

Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Tuesday its order pipeline is “converting as expected” and it reiterated its 2024 full…

UK finance minister Rachel Reeves is taking two big gambles with her first budget, according to Paul Johnson, director of the UK’s Institute for Fiscal Studies…

By Mark McSherry The UK’s Debt Management Office (DMO) has raised the UK government’s net financing requirement for the current 2024-25 fiscal year to £299.9…

David Whitehouse, Offshore Energies UK CEO: “Today we heard the Chancellor recognise the role of the oil and gas sector to support high quality jobs and…

UK government borrowing in the six months to September 2024 was £79.6 billion, £1.2 billion more than at the same point in the last financial year…

BrewDog co-founder James Watt has claimed that “liberal democracy in the UK is facing an existential crisis” because the interest being paid on UK government…

CBI CEO Rain Newton-Smith is to call on the Scottish and UK governments to unleash the “restless energy” of business to “help turn Scotland’s energy…

The latest Demos-PwC “Good Growth for Cities Index” revealed that Edinburgh and Glasgow have improved their performance in the rankings of UK cities against last…

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…

The UK Debt Management Office chief executive Robert Stheeman told Reuters in an interview that Britain faces risks and challenges from the sheer scale of borrowing…

UK finance minister Jeremy Hunt delivered his budget speech on Wednesday, confirming a widely expected cut of 2 percentage points to National Insurance. However, Hunt…

By Mark McSherry UK central government borrowing in the financial year-to-January 2024 was £96.6 billion, £3.1 billion less than in the same 10-month period a…

The UK’s gross domestic product (GDP) fell 0.3% in the fourth quarter, more than the 0.1% drop that economists had forecast, according to latest statistics from the…

The International Monetary Fund (IMF) warned the UK’s Conservative government on Tuesday not to cut taxes in the run-up to the UK general election that…

Amazon announced that it has signed a corporate power purchase agreement (CPPA) with ENGIE to increase its share of output from Ocean Winds’ Moray West…

By Mark McSherry The next UK government is likely to face “some of the most difficult economic and fiscal choices the UK has faced outside…

UK central government borrowing in the financial year-to-December 2023 was £119.1 billion, £11.1 billion more than in the same nine-month period the previous year and…

UK government borrowing in the financial year to November 2023 was £116.4 billion, £24.4 billion more than in the same eight-month period last year and…

The recovery in global markets during November tempted UK investors back into stock and bond funds for the first time in months, according to the…

UK finance minister Jeremy Hunt has cut national insurance payments for about 27 million people in his autumn statement ahead of a general election expected next…

The UK’s public sector net borrowing excluding public sector banks (PSNB ex) in October 2023 was £14.9 billion, £4.4 billion more than in October 2022…

Inflation in the UK slowed by more than expected in October as household energy prices fell and services sector price growth also eased. Annual consumer price…

The UK’s data watchdog, the Information Commissioner Information (ICO), has apologised to former NatWest chief executive Alison Rose for suggesting that she personally breached data rules…

The value of Scottish international goods exports rose 12.6% to £36.7 billion in the year ending June 2023, according to latest figures from HMRC. The…

Output in the Scotland’s services sector, which accounts for around three quarters of the economy, is estimated to have grown by 0.3% in June. However,…

The UK’s public sector net borrowing excluding public sector banks (PSNB ex) in the financial year to July 2023 was £56.6 billion, £13.7 billion more…

The Scottish Government said on Wednesday that Scotland’s “notional deficit” under the current constitutional position as part of the UK has continued to fall “at a…

The UK is on course to experience five years of lost economic growth, the longest since the aftermath of the Global Financial Crisis, according to…

The UK’s central bank on Thursday raised its key interest rate by a quarter of a percentage point to a 15-year high of 5.25% — and…

The Scottish Government’s Constitution Secretary Angus Robertson said Brexit has limited Scotland’s economic growth, restricted trade, increased food costs and diminished opportunities for young people….

The UK central bank, the Bank of England (BoE), raised interest rates by a bigger-than-expected half a percentage point on Thursday. The central bank said there…

Scottish economic growth was four times that of the UK as a whole in the first quarter of 2023, according to figures from the Office…

The Scottish Government estimated on Thursday that its current resource spending requirements could exceed funding by £1 billion in the next financial year, and by £1.9…

By Mark McSherry The UK government borrowed more than forecast in the first month of the new fiscal year due to higher debt interest payments,…

UK dividends rose 4.6% on a headline basis to £15.2 billion and ahead of forecasts during the first quarter of 2023, according to the Dividend…

The UK’s central bank, the Bank of England, raised its key interest rate by 0.25% to 4.5% on Thursday, its 12th consecutive rate rise. The…

Glasgow-based global engineering and mining giant Weir Group published a trading update for the first quarter ended March31,  2023, and reported growth in its order book. Weir reiterated its guidance…

By Mark McSherry The UK’s public sector net debt (PSND ex) at the end of March 2023 was £2.53 trillion — around 99.6% of GDP,…

A record number of people in Scotland are in work, according to latest figures released by the UK’s Office for National Statistics (ONS). ” … early…

The UK economy remains on course to suffer the sharpest contraction among the world’s advanced economies this year, the International Monetary Fund said on Tuesday,…

The UK central bank raised its benchmark lending rate on Thursday by a quarter point to 4.25%, the highest since 2008, and left the door…

The UK Debt Management Office (DMO) said it is planning to sell £241 billion of gilts in the current financial year — more than the £233 billion…

Scotland will need to “carefully manage” the decline in its massive oil and gas industry alongside the growth of the new low carbon sector to…

Shares of Glasgow-based global engineering and mining giant Weir Group rose about 7% on Wednesday after it reported that 2022 revenue rose 28% to £2.472 billion and…

A study by a senior official at the UK central bank found that Britain has suffered a loss of business investment worth £29 billion since the…

Ahead of the Six Nations rugby starting this weekend, new data from social investing network eToro shows that the strongest XV Scotland-headquartered stocks have easily…

Brexit is costing the UK economy £100 billion a year, with the the effects spanning everything from business investment to the ability of companies to…

Menzies Aviation and SAL Saudi Logistics Services said they have signed a Memorandum of Understanding to develop a comprehensive study on delivering best in class…

A manager of the £510 million Abrdn UK Smaller Companies Trust plc has said that UK markets may be “closer to their low point than other…

The Port of Grangemouth, Scotland’s largest freight hub, said it has exported a bumper Scottish tattie season with 65,000 tonnes of seed potato exported around…

The UK’s public sector borrowing (PSNB ex) in December 2022 was £27.4 billion, the highest December figure since monthly records began in January 1993, largely because…

The “full pain” of the conditions that roiled global markets in 2022 will only be felt in 2023, with significantly slower GDP growth, while in…