Scotland’s public finances showed a modest improvement this year, with a recovery in North Sea oil and gas revenue driving the notional deficit down to 7.9% of GDP, compared to 8.9% last year.
The Scottish economy is showing signs of outstripping that of the rest of the country, according to significantly revised growth figures released by the Scottish Government.
UK prime minister Theresa May and Scotland’s first minister Nicola Sturgeon have committed to spending a £300m each to unlock economic growth and boost jobs across the region.
The way the UK spends its international aid budget will be “reset” to help the world’s poor and win back the trust of “sceptical” British taxpayers, Penny Mordaunt has said.
An independent Scotland would face at least another decade of austerity, according to new analysis of the proposals put forward last month by the Sustainable Growth Commission.
Scotland should have greater control over immigration in the wake of subdued growth forecasts for its economy, according to its finance secretary Derek Mackay.
The Scottish Fiscal Commission is due to publish economic and fiscal forecasts today. With so much uncertainty, making those predictions will be a difficult task. Alan Bermingham explains why.
A new publicly owned bank is to invest £2bn over the next decade to make Scotland’s economy fairer and more prosperous, the Scottish Government has said.
The UK’s so-called productivity puzzle can be partly explained by a shift in the economy towards low-skilled, low-paid sectors such as food and accommodation, the Institute for Public Policy Research...
The UK is officially in deflation for the first time since 1960 as prices fell in the economy over the year to April, the Office for National Statistics has announced today.
