Economy

US President Donald Trump's proposed tariffs could cost the UK economy nearly £22 billion over the next two years, according to analysis by KPMG. The economists predict ...

Scotland’s known public sector procurement spend in 2022-23 delivered an estimated 120,000 full-time equivalent jobs and £7.5 billion to Scottish GDP, according to new figures. The sixth ...

Over a third of Scottish mid-market businesses have said that they expect to be directly affected ‘to a significant extent’ by the US Government tariffs, according to ...

Inflation tracked by the UK's consumer prices index (CPI) increased by 2.8% in the year to February 2025, a reduction from January's 3.0%, according to the Office ...

Stirling will have the fastest-growing economy in Scotland over the next three years – and be among the top four for growth in the UK – ...

Firms occupying larger premises in Scotland are set to pay £54.7 million more than their equivalent-sized counterparts down south in the coming year, from 1 April. The ...

Global investors have significantly increased their allocation to UK stocks, reaching the highest level since June 2021, according to Bank of America’s (BofA) latest Global Fund ...

Scottish retail sales experienced a slight decline in February 2025, according to the latest figures. Total sales decreased by 0.4% compared to the previous year, although when ...

The UK economy unexpectedly shrank by 0.1% in January, a setback for the government as Chancellor Rachel Reeves prepares for the Spring Statement. This contraction, driven primarily ...

Scotland's private sector output experienced a third consecutive monthly decline in February, according to the Royal Bank of Scotland's Scotland Growth Tracker. The seasonally adjusted index, measuring ...

Following a 1.0% increase in January, Scottish retail footfall experienced a 0.3% decline in February compared to the same period in 2024, according to data from ...

Scotland's economy outperformed the UK in 2024, however, a sharp slowdown in consumer-facing sectors during the fourth quarter signals growing household caution amidst economic uncertainty, according to ...

Former Bank of England Governor, Lord Mervyn King, has stated that an increase in income tax is likely necessary to fund heightened defence spending and facilitate public ...

Scotland has secured over £850 million in investment over the past four months, driven by strong interest in its burgeoning energy transition sector. The total is boosted ...