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Economy & Markets

Recovery plan

SCDI calls for ‘green stimulus’ to kickstart growth

Sara Thiam
Sara Thiam: ‘we need to work together’ The Scottish Council for Development and Industry (SCDI) has today called for the Scottish and UK governments to deliver an ambitious ‘green stimulus’Read More

Tuesday update

DB Live: TM Lewin closures; Bank chief’s V-shape forecast

4.45pm: London close London stocks closed lower after the release of weaker-than-expected GDP figures and amid ongoing concerns about the coronavirus pandemic. The FTSE 100 ended the session 56.03 points down (0.9%)Read More

More criticism

‘Poor’ Higgins report ‘written by civil servants’

Tony Mackay
Tony Mackay: ‘no new or radical thinking’ Another analyst in Scotland has heavily criticised the Higgins report on reviving Scotland’s economy, describing it as “very poor and very disappointing”. TonyRead More

Recovery plan

Holyrood calls for VAT and National Insurance cut

Kate Forbes
Kate Forbes: the UK Government’s fiscal policies are still key The Scottish Government is calling for a cut in VAT and National Insurance contributions as part of an £80 billionRead More

Monday Update

DB Live: Greece off holiday list; Omega Covid test progress

Omega Diagnostics
4.45pm: London close Markets shook off concerns over Covid-19 second wave worries amid surging infections in the US to end the session higher. The FTSE 100 index closed up 66.47Read More

Friday update

DB Live: Intu ‘collapses into administration’

Intu Braehead
4.45pm: London close The London market remained in positive territory throughout the session but came off its intra-day high of 6262 to close at 6,159.30 +12.16 (0.20%). The US market opened lower,Read More

Call for support

CBI wants new support to help firms beat recession

CBI chief Carolyn Fairbairn addresses members lunch in Edinburgh
Dame Carolyn Fairbairn: companies cannot wait (pic: Terry Murden) CBI boss Dame Carolyn Fairbairn, is urging the Government not to switch off the life support that is helping businesses fightRead More

Lockdown easing

Hospitality and retail get go ahead in tentative restart

George IV pub
Pubs will be allowed to serve customers outdoors Pub gardens and hairdressers are among businesses that will be able to reopen next month under new guidance from the First Minister.Read More

Wednesday Update

DB Live: Persimmon; Iomart; Brooks Macdonald; Petrofac

Persimmon homes
10pm: Wall Street closes lower Wall Street closed sharply lower as traders digested news of renewed outbreaks of Covid-19 cases and quarantine orders. At the close, the Dow Jones IndustrialRead More

Warning of second wave

Recovery ‘could take four years’ says research group

Graeme Roy
Graeme Roy: crisis (pic: Terry Murden) Scotland is now in its deepest recession in living memory and recovery could take up to four years,” according to the latest data. WhenRead More