Revised Office for Budget Responsibility forecasts show that Britain’s deficit is likely to be £20bn higher in each year to 2023-24 than was projected in March 2019.
UK GDP failed to grow in the three months to October because of falls in the manufacturing and construction industries, according to data released by the Office for National Statistics.
The cost of social care for people with dementia will almost triple over the next twenty years as the result of a sharp increase in the number of people suffering from an acute form of the condition.
The Scottish Government faces two more years of budgetary strain despite the rhetoric over the end of austerity across the UK, according to an economic research unit.
Earnings have grown faster in Scotland than in the rest of the UK over the past year, raising hopes that the Scottish economy could be boosted by higher than anticipated income tax revenues.
Seaside towns dominate the latest rankings for personal bankruptcies, adding to evidence that coastal regions are failing to keep pace with the rest of the economy.
An independent Scotland could become a bridge between the EU and the UK, and a “magnet for global investment”, first minister Nicola Sturgeon is expected to tell the SNP’s annual conference this...
Additional paperwork, a likely fall in the pound and greater widening of economic divides - the negatives of a no-deal Brexit add up to an act of economic self-harm, says the executive director of...
Revoking Brexit would be the best outcome for the UK economy while a no-deal scenario would double government borrowing, a major economic study has found.
A no-deal Brexit would be likely to push the UK into recession next year and mean 2% less growth, according to an umbrella group for developed countries.
The Scottish Government’s borrowing powers are likely to come under increasing pressure due to the volatility inherent in the fiscal framework, MSPs have heard.
Ambiguity over the future of European structural funding post-Brexit has left economic development in Scotland, which benefits to the tune of €872m across the seven-year EU budget period, in an...
