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Economy & Markets

Markets

Investors nervous amid US-China trade war talk

Wed open: The FTSE 100 has opened up this morning, defying fears of that a looming US-China trade war would dampen investor appetite

Brexit still brake on investment

Oil recovery offers hopes for Scottish economic growth

Maersk oil field
A more positive outlook for the Scottish economy, driven by a recovering oil and gas sector, has emerged in the latest survey..

Markets

US stocks tumble on rising trade tensions

London Stock Exchange
Tue (pm): US stocks tumbled at the open after rising trade tensions between the US and China swept through global markets.

Forecasts downgraded

Trade war risk adds to need for ‘robust action’ says BCC

Slower consumer spending, business investment and trade has led the British Chambers of Commerce to

Markets

Wage growth slips amid mixed jobs picture

Money - own pic
Tue (close): Latest market and corporate moves

Economic prospects

Surveys give mixed picture on business outlook

Wagamama, service, hospitality, restaurant
Two business surveys today give contrasting views of the services sector with one claiming it is surging and another saying it is slowing down.

Report on economy

Scotland ‘can grow by using tax powers effectively’

Scottish parliament
Scotland has the scope to strengthen its economy by using its devolved powers and by a disciplined approach to tax, according to a new report

Few options for Mackay

Tax rises back on agenda after ‘black hole’ report

Derek Mackay
Scotland is facing the prospect of further tax rises after revenue fell short of forecasts, according to a tax specialist.

At-a-glance data on the economy

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Digital and environmental investment

£90m City Deal unveiled for Stirling and Clackmannanshire

Codebase Stirling
New digital hubs and a centre to tackle environmental challenges are included in a £90 million City Deal