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Economy & Markets

Pay exceeds inflation

Wage growth on the rise as unemployment eases

Money - own pic
Wages excluding bonuses have risen at their fastest pace since the financial crash, according to official figures. Pay rose by 3.1% in the three months to August, compared with aRead More

Warning from think tank

Chancellor may be forced to raise taxes to end austerity

Philip Hammond
Philip Hammond: does not believe austerity is over Taxes will have to rise to their highest since the 1940s if Theresa May is to meet her goal of ending austerityRead More

Merger completes

CYBG-Virgin shares begin trading on stock exchange

Virgin Money flag 2
Virgin: aquired in June (pic: Terry Murden)   Shares in the newly-combined CYBG and Virgin Money bank begin trading on the London Stock Exchange today following the £1.7bn merger of theRead More

EY downgrade

Brexit deal doubts ‘will slow UK growth over two years’

scottish economy
An economics research group has trimmed its GDP growth forecast for both 2018 and 2019 for the second successive quarter as the UK stumbles over a Brexit deal. The EYRead More

As Trump blasts 'crazy' Fed

Investors pull back from interest rate rise rout

Close: Equity markets staged a recovery, following a two-day rout, easing worries among investors. The Nasdaq was the standout performer on Wall Street, jumping 2.3% to 7,496.89 as investors decidedRead More

Growth at lowest for a decade

‘Use Budget to boost investment’ say business leaders

Adam Marshall
Adam Marshall: ‘we need radical, decisive action’ (pic: Terry Murden)   Business leaders have warned that annual economic growth will be the lowest since the financial crisis with exports inRead More

Carmarker floats on LSE

Aston Martin shares trade lower on stock market debut

Aston Martin DB11
Luxury listing: Aston Martin shares were priced lower than expected   Aston Martin shares were trading at more than 6% lower than their £19 debut price on the London StockRead More

At-a-glance data on the economy

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No Brexit slowdown from overseas

9% rise in job creation from foreign investment

First Minister at Xilinx
First Minister at the opening of US firm Xilinx’s lab in Edinburgh   Inward investment into Scotland in 2017 produced 9% more jobs than in the previous year as theRead More

More time may be needed

Call to extend Brexit talks to ensure ‘smooth transition’

A “no deal” exit from Europe is vital for business and more time should be given to achieve an orderly departure if needed, according to Scottish analysis. The Fraser ofRead More