Radical change needed to help economy grow, insists Richard Leonard
Richard Leonard has called for a “radical” change in the approach to the Scottish economy.
Economy
No time-frame for Prestwick to pay back loans, says minister
There is no timescale for when Prestwick Airport will pay back the money it has been loaned by the Scottish Government, the Transport Secretary has said.
Closed Dundee pub could be given new lease of life by Heineken firm
Fresh plans have been unveiled to give a new lease of life to a once-popular city pub.
Company bosses lose confidence in economy as Brexit uncertainty continues
Business leaders’ confidence in the British economy has plummeted as uncertainty about Brexit continues ahead of the March 29 withdrawal date.
Scotland ‘bucking trend’ with new peak average house price
Scotland’s housing market is in a good position to face any challenges that lie ahead, experts said as the average cost of a home hit a new high.
Scottish business confidence drops to lowest in UK – report
Business confidence in Scotland has plummeted by 20 points in one month amid global changes and “domestic uncertainty”, according to a new report.
Scottish economic growth slowed in third quarter
The rate of Scottish economic growth has slowed, new figures indicate.
UK to slip down global economic league table, analysts predict
The UK risks falling from fifth to seventh in the rankings of the world’s largest economies next year, analysts have claimed.
Economy expected to grow but forecasters issue Brexit warning
The Scottish economy is on track to grow at its fastest rate since 2014 but Brexit could cause “substantial economic shock”, forecasters have warned.
Shadow chancellor pledges biggest transfer of wealth to Scotland since 1945
Labour has pledged to deliver the “biggest transfer in wealth and power” from London to Scotland for more than seven decades if it wins power in the next general election.
Councillor calls for Dundee city centre shops and cafes to stay open until 10pm
Dundee’s development convener is calling on businesses to unite for a single day of “European-style” late openings amid claims the city centre is “decaying”.
Tayside building firm breaks silence on letter considering jobs cuts
Construction firm Kilmac has revealed about one in 10 of its jobs are at risk, following reports that it was considering cutting its workforce earlier this week.
Bank of England issues stark recession warning over no-deal Brexit
The Bank of England has warned Britain would be tipped into a recession worse than the financial crisis in the event of a no-deal disorderly Brexit.
Bank of England issues stark warning over no deal Brexit
The Bank of England has warned the pound would crash, inflation soar, interest rates would have to rise and Britain’s growth would plummet in the event of a no deal disorderly Brexit.
Tayside construction firm warns staff of job losses in run up to Christmas
A Tayside construction firm may be forced to cut jobs in the run-up to Christmas.
Aberdeen seeing signs of economic growth, property monitor finds
Tentative signs of a recovery in the Aberdeen property market have been detected in a new report as the city begins to emerge from the downturn in the oil and gas sector.
Tay Cities Deal: winners and losers as historic deal pledges to deliver £700m boost to local area
After more than two years of hammering out the final version, the Tay Cities Deal has been signed – but who has won and who has lost out?
Celtic bring £165 million per year into Scottish economy, report finds
Celtic matches and spending by supporters contributes £165 million to the Scottish economy, according to a study.
Brexit likely to reduce economic growth: Sturgeon
Nicola Sturgeon will reiterate her call for the UK to remain part of the single market and customs union when she addresses an economic forum later.
Dundee benefit claims stabilise as Jobcentre and college offer courses
The number of people in Dundee who claim work–related benefits is starting to stabilise following the rollout of Universal Credit (UC).