Scots unemployment at record low of 3.8%
Scotland’s unemployment rate fell to a record low of 3.8% over the last quarter, down 0.7 percentage points, according to labour market statistics for March to…
Scotland’s unemployment rate fell to a record low of 3.8% over the last quarter, down 0.7 percentage points, according to labour market statistics for March to…
The Bank of Scotland purchasing managers’ index (PMI) data for June showed a slight increase in Scottish private sector output. The June data extended the…
UPDATE 2 — Scotland’s gross domestic product (GDP) rose 0.8% in the first quarter of 2017 compared to the previous three months — outpacing the quarterly…
UPDATED — Scotland’s gross expenditure on research and development (GERD) rose 1.1% or £23 million in 2015 to £2.15 billion, according to a report from Scotland’s chief statistician. Scottish GERD…
The Trump administration represents a risk to international economic conditions and global sovereign credit fundamentals, Fitch Ratings said on Friday. “US policy predictability has diminished,…
The UK’s housing stock is now worth a record £6.79 trillion, about 3.65 times the UK’s GDP, according to new analysis published by Savills. London and…
New figures from PwC’s Skyval Index show that deficits of UK defined benefit (DB) pension funds stood at £560 billion at the end of 2016, up…
Research and development (R&D) employment in Scottish businesses reached its highest level on record in 2015 with about 11,000 jobs — but R&D spending fell slightly during that year…
Saudi Arabia has completed the biggest ever emerging market bond sale by selling $17.5 billion of debt securities in the Saudi government’s first international offer, according to…
Brexit could lead to the loss of between 30,000 and 80,000 jobs in Scotland, according to a report by the Fraser of Allander Institute commissioned by…
Global debt reached an all-time high of $152 trillion in 2015 — about 225% of world gross domestic product — and could thwart the fragile recovery…
The International Monetary Fund warned that persistent stagnation could fuel populist calls for restrictions on trade and immigration that could hamper productivity, growth and innovation around the…
The World Trade Organization (WTO) said world trade will grow more slowly than expected in 2016, expanding by just 1.7%, well below the WTO’s April…
The Scottish video games industry’s development headcount grew by 25% between December 2014 and March 2016, according to trade association TIGA. This was more than…
Scotland’s household wealth grew the fastest in the UK over the past year, according to the latest Barclays UK Prosperity Map. Household wealth in Scotland rose by 13%…
Scotland had a public sector deficit of £14.8 billion for 2015-16 — about 9.5% of its gross domestic product (GDP) — amid plummeting North Sea…
The Scottish Government said on Tuesday that leaving the European Union could cost the Scottish economy up to £11.2 billion a year and Scottish public finances up…
The Bank of England — the UK’s central bank — said it cut interest rates from 0.5% to a record low of 0.25% and introduced…
Perth-based rail and bus giant Stagecoach Group said its revenue for the year to April rose more than 20% to £3.8 billion and profit before tax excluding exceptional items rose £2.4 million…
There is a “high probability” that output and growth in the Scottish economy would be damaged if Britain left the EU, according to the latest economic…
Glasgow-based cloud computing firm iomart group said its revenue grew 16% to £76.3 million in the year to March 31 and adjusted profit before tax…
Scotland faces a third consecutive year of slowing GDP growth and the poorest year for economic growth since 2012, according to the latest report from the EY…
Thousands of Scottish financial sector jobs could be put at risk if the UK left the EU, the UK Treasury indicated on Friday. The Treasury…
Shares of Perth-based international transport group Stagecoach fell 3.6% after it warned in a trading statement that the outlook for the UK rail industry “is more…
Leaving the European Union would reduce flows of foreign direct investment (FDI) into the UK by more than 20%, damaging productivity and lowering people’s incomes,…
Glasgow-based private equity firm Maven has led the management buyout (MBO) of Westfield Medical, a provider of sterilisation products to the healthcare and industrial sectors. The…
The World Trade Organization reported on Thursday that growth in the volume of world trade is expected to remain sluggish at 2.8% in 2016, unchanged from…
Gross expenditure on research and development (GERD) in Scotland was £2.22 billion in 2014, down 0.6% on 2013, according to Scotland’s chief statistician. The gap in GERD as a percentage of…
Scottish GDP grew by 0.2% during the fourth quarter of 2015, according to statistics announced today by Scotland’s chief statistician. The latest Gross Domestic Product…
Leaving the EU would cause a serious shock to the UK economy with a potential cost to gross domestic product (GDP) of £100 billion and a…
Scotland had a deficit of £14.9 billion — 9.7 per% of gross domestic product (GDP) — in the financial year 2014-15, compared to a deficit for the…
Scotland’s economy continued to expand in the third quarter of last year — just — but lagged behind the growth rate of the UK, according to…
Edinburgh-based global fund manager Standard Life Investments said its longer-term outlook on China “has become increasingly negative” and that it fears China might not carry out corporate…
The Bank for International Settlements (BIS) says an “uneasy calm” exists in global financial markets as they prepare for the expected increase in U.S. interest rates…
The strong pound — which can make Scottish exports more expensive — and the weak oil price have combined with other factors to lead to…