The chief executive of Edinburgh Airport, Gordon Dewar, has warned that Scotland’s global influence and economic competitiveness will be undermined unless the new Scottish Government engages meaningfully with airports and…
A report published on Wednesday by Oxford Economics, commissioned by The Hunter Foundation, argues that radical and ambitious policy changes are required if Scotland’s economic…
The UK’s National Audit Office (NAO) has revealed that benefits paid out by the UK’s four largest pay-as-you-go public service pension schemes — the “unfunded”…
The Office for National Statistics (ONS) said on Friday the UK Government’s borrowing is estimated to have been £19.1 billion in February 2021, £17.6 billion more than…
Scotland’s economy could grow by as much as 4.6% this year according to PwC projections, as the country begins to recover from the slump created…
The UK Government’s borrowing climbed to £270.6 billion in the first 10 months of this financial year — that’s £222 billion more than in the…
Brexit will cost the London economy up to £9.5 billion a year – with the city’s service sectors bearing the brunt of the downturn, according…
The UK government’s pension liabilities soared to £6.4 trillion in 2018, up 21% from 2015, according to new figures from the Office for National Statistics (ONS)….
The Scottish Parliament has rejected the UK Government’s Brexit trade deal with a margin of 92 votes to 30, with all parties except the Scottish Conservatives supporting…
Scotland’s gross domestic product (GDP) increased by 1.6% in September — but output remains 7.6% below the level in February before the impact of the…
Employment in the Scottish video games development industry grew 17% between November 2018 and April 2020, according to new data from TIGA, the network for…
A new report from the UK’s Business Growth Fund (BGF) has warned of a serious rising shortfall in equity funding and called for pension funds,…
The UK’s Office for National Statistics (ONS) said on Wednesday the UK Government’s borrowing reached £208.5 billion in the first six months of this financial…
The Scottish Government said on Wednesday that Scotland’s revenues rose to a record £66 billion in 2019-20, although they were impacted “by the initial effects”…
Standard & Poor’s Global Ratings said in a new report that the €750 billion EU Recovery Fund and “the establishment of a shared fiscal mechanism”…
The Scottish economy could take until 2024 to fully recover the output it has lost during the coronavirus crisis, according to the latest Economic Commentary by the…
Shares of Perth-based renewable energy and electricity networks giant SSE plc rose 9% on Wednesday after it committed to building the largest onshore wind farm…
The UK’s Office for National Statistics said on Friday that UK gross domestic product (GDP) shrank by 20.4% in April in what was the first full…
The European Central Bank on Thursday announced a bigger-than-expected expansion of its stimulus package to support an economy plunged into recession by the coronavirus pandemic….
The Scottish government said on Wednesday that billions of pounds would be wiped from a Scottish economy already hit hard by the Coronavirus crisis if…
New research by the University of Strathclyde’s Fraser of Allander Institute has reported that the Scottish Professional Football League (SPFL) contributes £214 million to the…
The International Monetary Fund said on Tuesday the global economy could shrink by 3% in 2020 — an IMF downgrade of 6.3 percentage points from…
The UK’s Office for Budget Responsibility (OBR) said on Tuesday the British economy could shrink by 35% in the April to June period and unemployment…
The UK’s central bank has agreed to temporarily lend the UK government money via its Bank of England overdraft facility if required to help finance…
Global debt across all sectors rose by more than $10 trillion in 2019, topping $255 trillion, according to the latest report from the Institute of…
UK finance minister Rishi Sunak on Wednesday unveiled his budget — a £30 billion stimulus package — and promised to do whatever it takes to…
Analysis from Hymans Robertson has shown that the financial impact of the coronavirus contributed to the rise of UK Defined Benefit (DB) pension scheme deficits…
Scotland’s total international and rest of the UK exports — excluding oil and gas — increased 2.9% to £85 billion in 2018. Exports to the…
Souter Investments, the family investment office of Stagecoach Group founder Brian Souter, said on Tuesday it completed the acquisition of a majority stake in Staffordshire-based information…
Trade conflicts, weak business investment and political uncertainty are weighing on the world economy and raising the risk of long-term stagnation, according to the OECD’s latest…
Global debt surged by $7.5 trillion in the first half of 2019, hitting a new record of over $250 trillion, said a new report from…
The UK’s central bank on Thursday kept interest rates on hold — but two members of the Bank of England’s monetary policy committee (MPC) unexpectedly…
The US Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain US growth. However, the Fed also signaled…
New International Monetary Fund managing director Kristalina Georgieva issued a warning about the state of the global growth on Tuesday. She warned trade conflicts had…
The Scottish Government said that following a period of sustained economic growth, Scotland’s gross domestic product (GDP) contracted by 0.3% in the second quarter –…
Public sector revenue in Scotland reached £62.7 billion in 2018-19, exceeding £60 billion for the first time, with Scotland’s onshore revenues increasing 5.1% to reach…
The UK economy shrank for the first time since 2012 in the second quarter of 2019 as manufacturing and construction both slumped. Production output fell…
The Bank of England (BoE), the UK’s central bank, cut its growth forecasts on Thursday amid increased Brexit concerns and a slowing global economy. However…
The European Commission (EC) on Wednesday cut its euro area GDP growth and inflation forecast for next year as it warned the near-term outlook for the…
The Scottish economy grew for the ninth consecutive quarter, according to the latest GDP figures. The latest figures show the Scottish economy grew by 0.5%…
The Scottish Government “will need to manage volatility” in its budget as the devolution of tax and spending powers becomes fully operational, according to the…
Perth-based energy giant SSE said on Wednesday its reported profit before tax for the year to March 31, 2019, rose 59% to 1.37 billion, boosted…
The Scottish Government has outlined an ambitious growth plan which will aim to increase the value of exports from 20% to 25% of Scotland’s GDP…
The Scottish Government said 19 new school projects are amongst the £1.4 billion of new building projects completed in the last year. The details are…
The Scottish Government on Friday published the results of a report it commissioned from the UK Government’s Office for National Statistics (ONS) to carry out…
The Scottish economy has shown growth for the eighth consecutive quarter. Latest gross domestic product (GDP) figures show the Scottish economy grew 0.3% in the…
The Scottish Parliament has approved the 2019-20 Scottish Budget which the Scottish Government said provides £42.5 billion of investment in the economy and public services….
Scotland’s international and rest of UK exports in 2017 (excluding oil and gas) rose 5.2% to £81.4 billion from the previous year. Exports to the…
Scottish businesses are investing record amounts in research and development, according to statistics published on Wednesday. The Business Enterprise Research & Development (BERD) statistics show…
The extent of Celtic’s contribution to the Scottish economy has been set out for the first time by a new independent report by the Fraser of…
Securing a smooth Brexit transition is “vital” to protect Scotland’s growing economy – even if that means extending the Article 50 negotiation period – according…
Scottish GDP grew by 0.8% in the first half of this year compared to 0.6% in the UK, according to new statistics from Scotland’s chief statistician….
Edinburgh-based funds platform Nucleus Financial Group Limited on Tuesday announced its inaugural set of interim results as a quoted company, with period end assets under administration rising…
The Scottish Government said on Wednesday that Scotland’s public sector finances “are continuing to improve” — with total public sector revenue reaching £60 billion for…
Scottish economic growth is set to recover this year but remain below trend, according to the latest analysis by the University of Strathclyde’s Fraser of…
Shares of Johnston Press plunged 17% to a new record low after it said in an AGM trading update that no agreement has been reached with its bondholders…
The Scottish Fiscal Commission has published its latest report ‘Scotland’s Economic and Fiscal Forecasts – May 2018’ in which it describes the outlook for the…
An independent Scotland should keep the UK’s pound for an extended period before setting up its own currency, a report commissioned by the Scottish government…
The latest Scottish Chambers of Commerce quarterly economic indicator survey has shown rising levels of investment across Scottish businesses as expectations grow among firms for…
Scotland’s chief statistician on Wednesday released figures for gross expenditure on research and development (GERD) in Scotland in 2016. The figures show GERD in Scotland…
The UK’s gross pension liability across workplace and state provision grew by £1 trillion in five years to hit £7.6 trillion at the end of 2015,…
Reducing migration if the UK leaves the European Union would be “catastrophic” for Scotland’s economy, a new Scottish government discussion paper has warned. The discussion…
The drive for greater cost control across financial and professional services in Scotland this year will have a bigger impact on recruitment activity than Brexit,…
The Scottish economy grew 0.2% during the third quarter of 2017, according to gross domestic product (GDP) statistics announced by Scotland’s Chief Statistician. During the…
The Fraser of Allander Institute (FAI) said that for many “the big story” of Thursday’s Budget won’t be the tax and spending announcements of the Scottish…
Royal Bank of Scotland has closed the “bad bank” it set up to sell unwanted assets nearly 10 years after RBS was rescued in a…
Scotland’s GDP grew by 0.1% in the second quarter of 2017, increasing by a total of 0.7% since the start of the year, according to…
The UK Investment Association’s first annual asset management survey following the UK’s decision to leave the EU reveals assets under management in the UK increased…
Scotland now has the highest employment rate of any UK nation — with the rate growing to a record high of 75.8% over the last…
Scotland’s employment rate increased by 1.1 percentage points to a record high of 75.2% over the April to June quarter — meaning 30,000 more people…