Scottish economy grows 0.5% to move ahead of UK growth
Scottish economic growth has overtaken the UK with 0.5% growth, new official figures show.
Economy
Minister issues rallying call to Tories to ‘unshackle enterprise’
Theresa May has been urged by one of her senior ministers to prepare to fight the next general election on a radical pro-business platform of tax cuts and de-regulation.
Economic forecaster faced ‘significant challenge’ obtaining DWP data
Scotland’s independent economic forecaster has faced a “significant challenge” obtaining essential data from the Department for Work and Pensions (DWP), it has emerged.
Unemployment in Scotland fell in latest quarter
Unemployment in Scotland decreased in the latest quarter, new figures show.
Value of Scottish exports up 7% over 12 months
The value of Scottish exports increased by 7% in the year to June, according to new figures.
Productivity in Scotland broadly stagnant for 15 years, think tank warns
Economic productivity in Scotland has been “broadly stagnant” for the last 15 years, with the country underperforming against many other European nations, a new report has concluded.
Ministers launch consultation on national investment bank
A consultation has been launched on plans for a national investment bank for Scotland.
Professional services firms downbeat amid surging costs
Business and professional services firms are the most gloomy for nearly two years as rising costs and uncertainty over Brexit take their toll, according to a survey.
Scotland’s economy on the right trajectory, Nicola Sturgeon says
Nicola Sturgeon has said an improvement in Scotland’s public finances shows the economy is on the “right trajectory”.
Scotland’s finances improving as deficit reduces, figures show
Scotland’s public finances improved last year, with an increase in revenue and a reduction in the deficit, according to the latest official figures.
Greece completes three-year eurozone bailout programme
Greece has successfully completed a eurozone bailout programme after receiving tens of billions of euros to help it fix its economy.
UK growth rebounds in second quarter thanks to warm weather boost
UK economic growth rebounded in the second quarter as retail sales and construction benefited from a warm weather boost.
UK growth to rebound in second quarter as economy recovers from cold snap
UK economic growth is expected to have rebounded in the second quarter, with analysts forecasting sunnier news when are official figures are released later.
Reopened steel plants ‘to lead fightback’ in UK market
Scotland is “leading the fightback” for a share of the import-dominated UK steel market, Liberty has said.
Construction activity boosted by housebuilding boom in July
UK construction activity rose sharply in July, helped by the fastest rate of expansion in housebuilding in two-and-a-half years.
European economy slows amid global trade war fears
Europe’s economic upswing has slowed in the second quarter amid jitters over a possible global trade war, official statistics show.
UK economy boosted by warm weather and royal wedding in May
The UK economy benefited from a retail rebound in May as the sector received a “double boost” from warm weather and the royal wedding.
Drones could bring £42bn boost to UK economy
A rise in drone usage in the oil and gas industry and in Scotland’s farming industry could help to deliver a £42 billion boost to the UK economy by 2013, a new report has forecast.
Aberdeen battles back to become top five city
Europe’s beleaguered capital of oil and gas has powered its way into the top five in a league table of the UK’s fastest-growing city economies.
Aberdeenshire Council set to be £3m over budget when tax year finishes
A local authority is set to be £3 million over budget by April – and says a lack of council tax payments is partly to blame.
Jobless waiting up to six weeks for Universal Credit cash – MP
A North-east MP has said serious concerns remain about the roll-out of Universal Credit.
New report shows investment in North-east on rise with £8.9bn being ploughed into projects
Almost £9 billion of public and private investment is due to be delivered to benefit the North-east before 2030, it was revealed today.
Minister disputes fears HS2 will deliver blow to North-east economy
Fears that the North-east economy will suffer a huge blow due to a major rail development have been disputed by a UK Government minister.
Corbyn: Aberdeen needs higher taxes in order to heal struggling economy
Higher taxes will revitalise the Aberdeen economy, Labour leader Jeremy Corbyn has told the Evening Express.
Couple scoop success with new Aberdeen ice cream parlour
A former oil worker made redundant in the downturn is bouncing back with a booming ice cream parlour.
Boss ‘devastated’ as pub and hotel placed into administration
A city businessman says he is "devastated" after his company was placed into administration.
‘Deterioration or renaissance’ – North-east economic plan up for approval
TWO scenarios for the future of the North-east's economy have been spelled out by a leading businessman.
Economy hit by downturn in oil industry
BUSINESS activity in the private sector dropped due to the downturn in the oil and gas industry, according to a new report. The Scottish economy contracted in November according to the Bank of Scotland’s monthly purchasing managers index (PMI). It comes after there was modest growth in October. For more on this story visit Energy Voice.
Launched: new £50million scheme to boost North-east business
A NEW private sector body was launched today - with the prospect of at least £50 million to help businesses flourish in the North-east.