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Economy & Markets

At-a-glance analysis of the economy

Bill published by parliament

Mackay says new bank to become ‘economic cornerstone’

Benny Higgins, Derek Mackay and James Varga
Mary Thornberry, an employee at the ID Co explains her work to Derek Mackay, far left, with Jarmes Varga, Steve Dunlop, CEO of Scottish Enterprise, and Benny Higgins (pic: TerryRead More

Changes to index

Wood demoted, Phoenix promoted in FTSE 100 reshuffle

Standard Life
Standard Life House, now home to Phoenix Group   Scottish oil services and engineering company Wood has been demoted from the FTSE 100 while life insurer Phoenix, newly-established in Edinburgh,Read More

'Positive trade talks'

Markets rise as Trump delays tariffs on Chinese goods

Donald Trump
Markets rose on the back of President Donald Trump’s announcement that the US will postpone planned trade tariffs on Chinese goods as talks. Import duties on Chinese goods were dueRead More

Consumers resist Brexit pressures

Strongest growth in Scots housing market since crash

Scottish rent and homes for sale
Sales and lettings growth is holding up in Scotland (pic: Terry Murden)   The Scottish housing market again proved its resilience, with the country enjoying its best spell of growthRead More

CBI warning

Losing EU free trade deals ‘will cost Scotland £3.9bn’

Tracy Black
Tracy Black: risks are an ‘overlooked danger’ (pic: Terry Murden)   Business group CBI Scotland has added to warnings of the devastating impact a No Deal Brexit would have onRead More

Stark warning for Scottish economy

No Deal Brexit would see GDP and exports plummet

Port of Grangemouth
Scotland’s exports could plummet says the report   A ‘No Deal’ Brexit would wipe 7% off Scotland’s GDP, up to 20% off exports and cause widespread disruption to the supplyRead More

Jobs market strengthens

Record low Scottish jobless figure ahead of Brexit

Jamie Hepburn
Jamie Hepburn: ‘jobs market continues to strengthen’ (pic: Terry Murden)   Unemployment in Scotland has fallen to a record low of 3.5%, with 10,000 fewer claimants taking figure to 96,000,Read More

Markets

Porsche warns UK customers face 10% Brexit tariff

Porsche
Luxury car maker Porsche is warning that UK customers might have to pay 10% extra for cars delivered after Britain leaves the EU. Porsche’s owner Volkswagen has not said whether its otherRead More

Bourse Scot to be launched

Scottish Stock Exchange backers to unveil latest plans

Michelle Thomson
Michelle Thomson: a member of the consultancy team (pic: Terry Murden)   Further details regarding plans for a new Scottish Stock Exchange will be revealed at a meeting in EdinburghRead More