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Economy

UK economy grew more than first thought at start of year
Economy
Revised ONS data shows growth was driven by the services sector
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Scottish business confidence falls in June, but remains above UK average
Economy
Firms' optimism in their own trading prospects fell 16 points to 44%, while optimism in the economy dropped 11 points to 42%
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Cautious optimism as Scottish businesses seek economic certainty
Fraser of Allander Institute
Latest survey shows the proportion of businesses reporting higher costs decreasing across every category
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Budget underspend of 0.6% shows 'financial competence'
Scottish Government
Opposition MSPs react to figures for the 2023/24 financial year being revealed in Parliament
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Bank of England keeps interest rates the same despite inflation hitting target
Economy
Two members of the Monetary Policy Committee voted for a rate reduction
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Inflation returns to 2% target for first time in nearly three years
Economy
The Consumer Prices Index measure fell from 2.3% in April
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Scottish businesses 'lack confidence in AI and green tech'
Research
While 56% of companies struggle with skills gaps, this is lower than UK average of 62%
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Number of growing UK sectors 'highest in 15 months'
Economy
Manufacturing output growth overtakes services for the first time in more than two years
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Policy Profile: Murdo Fraser, Scottish Conservatives
General Election
All the details of the party's pre-election plans for Scottish businesses and the wider economy
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Forth Green Freeport tax sites go live
Freeport
Outline Business Case approved by governments, ahead of finalised plans being submitted later this summer
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Scottish unemployment rate increases to 4.7%
Unemployment
130,000 people in Scotland were out of work between February and April, up from 120,000 the quarter before
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Scottish politicians clash on immigration approach
General Election
A CBI-hosted hustings also quizzed the candidates on productivity problems and support for the whisky industry
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Scottish private sector growth hits two-year high in May
Economy
Fresh rise in outstanding work recorded, as inflationary pressures ease
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Annual wealth tax proposed in Scottish Green election plans
Scottish Green Party
Party co-leader claims this would raise £70bn a year to fund public services
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Scottish businesses must prepare for trading beyond their Wildest Dreams
Scottish tourism industry
It's not looking like a Cruel Summer ahead for those in hospitality and tourism
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Scotland has 'pivotal' role in post-election economic growth
CBI Scotland
CBI chair says 'collaboration not confrontation' between Holyrood and Westminster is key to realising the nation's potential
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Foreign takeovers of UK firms hit four-year low
City deals
The total value of inward deals declined 39% to £6.1bn in the three months to the end of March
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'Middling May' leaves retailers hoping for sunnier days ahead
Retail & Consumer
Marginal growth also blamed on strong comparator from last year's Coronation in May
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Dwindling footfall prompts election plea from Scottish shopkeepers
Retail & Consumer
Trade body leader calls for 'concrete measures' to lift consumer spirits and help rejuvenate high streets
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Scottish businesses 'joint most confident' in May
Economy
Firms’ optimism in their own trading prospects rose by 16 points to 60%, while optimism in the economy climbed 13 points to 53%
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Scottish economy returns to growth
Economy
While output in the construction sector fell 0.9%, there was 0.5% growth in the services sector
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Delay to Scottish Government financial strategy 'unacceptable'
Scottish Government
Committee urges Finance Secretary to bring forward the announcement to 12 June
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Rugby in Scotland returns 8:1 on investment for Scottish economy
News
Claims made in new social and valuation impact report from the sport's governing body
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UK house prices increase for first time in nine months
Property
Average house prices in Scotland saw a 6.7% increase to £192,000 during the 12 months to March
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