The economic damage of coronavirus restrictions has become less severe as companies and the public are now “better adapted”, MSPs have heard.
Scotland’s economy contracted in November, latest estimates indicate, as new nationwide coronavirus restrictions were introduced.
Rishi Sunak has insisted further economic support is coming in response to Covid-19, although he remained tight-lipped on the detail when challenged by MPs.
MSPs have voiced concern about the “lack of transparency” regarding public cash given to the struggling BiFab yards.
A double-dip recession is “on the cards” after the UK’s private sector saw activity plunge this month due to the latest set of lockdown restrictions, according to new data.
China’s economy grew 2.3% in 2020 as a recovery from the coronavirus pandemic accelerated while the United States, Europe and Japan struggled with disease flare-ups.
The UK economy is on track to head back into recession as official figures showed that it fell in November after the country was hit by stricter coronavirus restrictions.
Significant parts of Scotland’s economy will face “worsening conditions” before coronavirus restrictions are eased later this year, business leaders have warned.
Rishi Sunak has warned the UK economy will “get worse before it gets better” given the latest lockdown.
Scotland’s Brexit Secretary accused the UK Government of having imposed “extra burdens” on businesses at a time of “unprecedented challenge”.
Coronavirus poses an “extraordinarily high” risk and people must take the stay at home rules seriously, England’s chief medical officer has warned, as new figures suggested one in 50 had Covid-19 last week.
Boris Johnson has said he had “no choice” but to plunge England into a third national lockdown, as new figures suggested one in 50 people had coronavirus last week.
Ambassadors from the 27 European Union members were being briefed on the contents of the Brexit trade deal on Christmas Day.
Boris Johnson has hailed a historic trade deal struck with the EU as a “new beginning” for Britain that resolves the European question that has “bedevilled” British politics for generations.
Boris Johnson has used a festive message to the nation to urge people to read the new Brexit trade deal after Christmas lunch on Friday.
Boris Johnson said a deal reached with the European Union will help protect jobs and provide certainty to businesses.
A post-Brexit trade deal has been agreed by negotiators from the UK and the European Union after months of talks and frantic last-minute wrangling.
Negotiations on a UK-European Union trade deal are continuing amid widespread expectation an agreement is imminent.
The UK and European Union are on the threshold of striking a post-Brexit trade deal.
The UK and Brussels appeared close to finally striking a post-Brexit trade deal on Wednesday as speculation mounted that both sides were poised to make an announcement.
It is “possible but far from certain” that a post-Brexit trade deal could be agreed with Brussels on Wednesday, a Downing Street source has said.
A Cabinet minister has indicated that hopes are rising for a post-Brexit trade deal although major differences still remain between the UK and European Union.
Negotiators are making a “final push” to reach a post-Brexit trade deal, the European Union’s Michel Barnier said.
Boris Johnson is in “close contact” with European Commission president Ursula von der Leyen as time runs out to strike a post-Brexit trade deal.
Michel Barnier is to update ambassadors from the 27 European Union nations on the state of the negotiations with the UK as time runs out for a deal.
Government borrowing surged to a record £31.6 billion in November as efforts ramped up to support the economy through the second wave of the pandemic, official figures have shown.
Scotland’s economy grew by 16% in the third quarter of this year after coronavirus lockdown measures were eased.
The UK economy returned to marginal growth this month after the second lockdown ended, but ports disruption hit factories while hospitality firms remain under severe pressure, new figures show.
UK inflation slowed down in November as clothing and food prices shrank amid tightened coronavirus restrictions.
A slow rollout of the coronavirus vaccine could mean economic growth in Scotland will not return to pre-pandemic levels for almost three years, according to researchers.