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Scots R&D spending edges up to £2.33bn

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…









UK asset management up 20% to £6.9 trillion

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…



Scots employment hits record high

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…


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…




Higher education R&D at record; total at £2.15bn

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…





R&D jobs at record level, but spending slips

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 in record $17.5bn debt sale

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…




IMF says world economy has moved sideways

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…








Stagecoach revenue up 20% to £3.8bn

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…










Higher education helps R&D hit £2.22bn

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…





Scots output lags UK, grows only 0.1%

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…


Stan Life ‘increasingly negative’ on China

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…