People claiming unemployment benefits in the Banff and Buchan area has increased by more than 70% from this time last year.
oil and gas
Wood Group PSN has taken another swing of the axe to contractor rates in response to continuing cost challenges affecting the UK North Sea oil & gas sector.
Aberdeen has seen the steepest drop in Scottish house prices with the price of an average home falling 6.8% to £212,598 in 2015.
In common with many other people across the North-east, Alex Mennie was devastated when he lost his job in the oil and gas industry.
Cash-strapped oil executives are using expensive watches, jewellery and even cars as collateral for short-term loans as the “posh pawn” market takes off in Aberdeen.
A £12 million fund to help people losing their jobs in the oil and gas industry is to also help them retrain as teachers, it has been announced.
Ministers are understood to be considering a “big” tax cut to help the North Sea oil and gas industry.
A call for decommissioning work to go to Dundee has been condemned by North-east MSPs.
Oil and gas service company Hunting said it is preparing to make up to a quarter of its staff in Aberdeen redundant as it looks to streamline costs.
Oil and gas operator EnQuest is cutting 45 roles, including directly employed staff and contractors, in Aberdeen.
The Scottish Green Party wants the North Sea oil and gas sector to be wound down – so offshore workers can become lumberjacks.
Nicola Sturgeon has admitted the oil industry in the north-east is now in crisis – despite one of her own MSPs claiming it was “booming” just days ago.
THE number of people on jobseeker's allowance in Aberdeen has gone up by 58% in the last year.
FRACKING could have a detrimental impact on the North-east oil and gas industry, an Aberdeen academic has warned.
OIL industry leaders said today the North Sea was set to remain a competitive place to do business – after 65,000 jobs were lost across the UK.
AN OFFSHORE worker was today airlifted to hospital from a North Sea platform.
UNION members have been told to be "ballot ready" if a meeting does not resolve issues in the oil industry next week.
AN OFFSHORE worker is to be airlifted to hospital this evening from a North Sea vessel.