UK economic growth slowed in fourth quarter
UK economic growth slowed in the final quarter of last year as car manufacturing declined at its steepest rate in just under a decade.
economy
Stockpiling reaches record high as firms brace for Brexit chaos
Manufacturers are stockpiling goods at the fastest rate since records began as they prepare for a hard Brexit and major disruption at ports, with a slowdown in the sector also expected to drag on Britain’s economic growth.
Scottish businesses report growing confidence
A “modest” rise in Scottish firms’ confidence levels has been reported in a new study.
Scottish retail sales ended 2018 ahead of UK, figures show
Retail sales increased in Scotland at a greater rate than the UK at the end of last year, figures show.
Scottish economic growth fell behind UK in third quarter, figures show
Scotland’s economy grew at a third of the rate of the UK last year, figures show.
Exports to EU increased £1.7bn in year after Brexit vote
Scotland’s exports to the European Union grew by £1.7 billion in the year following the UK’s referendum vote, according to official statistics.
No-deal Brexit would damage Scotland’s economy, MSPs warn
A no-deal Brexit would be damaging to Scotland’s economy and public finances, a Holyrood committee has warned.
Government borrowing higher than anticipated in December
Government borrowing missed expectations last month as spending exceeded tax receipts.
Huge swathes of the north and north-east are lagging behind in the UK’s broadband slow lane
Orkney, Shetland, Moray and Aberdeenshire have some of the worst broadband connections in the UK, according to new research.
Analysing the potential impact of Brexit on the north of Scotland’s economy
As the hapless former US Secretary of State Donald Rumsfeld once said about predicting the future, there are known knowns, known unknowns and unknown unknowns.
Radical change needed to help economy grow, insists Richard Leonard
Richard Leonard has called for a “radical” change in the approach to the Scottish economy.
No time-frame for Prestwick to pay back loans, says minister
There is no timescale for when Prestwick Airport will pay back the money it has been loaned by the Scottish Government, the Transport Secretary has said.
SPONSORED: Businesses invited to explore their funding options
With a focus on accelerating growth and diversification across the region, companies of all sizes are being encouraged to explore their options to diversify, innovate, invest in their businesses and expand.
SPONSORED: Funding need not be daunting
As Scotland’s energy sector transitions to a lower-carbon future, diversification has become a buzzword for businesses looking to take advantage of new opportunities.
Company bosses lose confidence in economy as Brexit uncertainty continues
Business leaders’ confidence in the British economy has plummeted as uncertainty about Brexit continues ahead of the March 29 withdrawal date.
Scotland ‘bucking trend’ with new peak average house price
Scotland’s housing market is in a good position to face any challenges that lie ahead, experts said as the average cost of a home hit a new high.
Scottish business confidence drops to lowest in UK – report
Business confidence in Scotland has plummeted by 20 points in one month amid global changes and “domestic uncertainty”, according to a new report.
Scottish economic growth slowed in third quarter
The rate of Scottish economic growth has slowed, new figures indicate.
UK to slip down global economic league table, analysts predict
The UK risks falling from fifth to seventh in the rankings of the world’s largest economies next year, analysts have claimed.
Economy expected to grow but forecasters issue Brexit warning
The Scottish economy is on track to grow at its fastest rate since 2014 but Brexit could cause “substantial economic shock”, forecasters have warned.
Shadow chancellor pledges biggest transfer of wealth to Scotland since 1945
Labour has pledged to deliver the “biggest transfer in wealth and power” from London to Scotland for more than seven decades if it wins power in the next general election.
Bank of England issues stark recession warning over no-deal Brexit
The Bank of England has warned Britain would be tipped into a recession worse than the financial crisis in the event of a no-deal disorderly Brexit.
Bank of England issues stark warning over no deal Brexit
The Bank of England has warned the pound would crash, inflation soar, interest rates would have to rise and Britain’s growth would plummet in the event of a no deal disorderly Brexit.
Aberdeen seeing signs of economic growth, property monitor finds
Tentative signs of a recovery in the Aberdeen property market have been detected in a new report as the city begins to emerge from the downturn in the oil and gas sector.
Celtic bring £165 million per year into Scottish economy, report finds
Celtic matches and spending by supporters contributes £165 million to the Scottish economy, according to a study.
Demand means more time for a say over Brexit
A three-month consultation into the impact of Brexit on rural Scotland has been extended to the end of November due to “overwhelming demand” from rural communities.
‘Aberdeen must find its own wow factor’
The transformation of Union Terrace Gardens, a giant statue of a bull for the side of the AWPR and a New York-style “Highline” have all been mooted as ways to reinvent the region.
North-east house prices showing green shoots of recovery
The north-east’s house prices have continued to fall, but property experts say there are signs of stabilisation in the market.
Holyrood to launch new action plan for the economy
The Scottish Government has launched a new economic action plan, which includes an £18 million fund for advanced manufacturing and the piloting of two new “productivity clubs” for businesses.
Highlands and north-east among ‘best places to live’ in Scotland
Aberdeen has come out tops in a list of the happiest and “most vibrant” places to live in Scotland.
Loch Ness Monster worth nearly £41m a year to Scottish economy
The Loch Ness Monster is worth nearly £41 million a year to the Scottish economy, new research reveals.
Woodland sales providing boom to north timber industry
Huge swathes of the Highlands are being put up for sale in what is said to be evidence of a massive boom in multi-million-pound timber industry.