Markets Economy

Markets and Economy

Deal making in rude health despite fears over economy

Corporate deal activity in Scotland remains buoyant but the setting of a date for a second independence referendum is likely to lead to a lull, according to a new report published today.

Markets Economy
The London Stock Exchange headquarters. Picture: Sang Tan/AP

Tuesday market close: Sterling woes make for gain on FTSE 100

Sterling slipped into the red, reversing earlier gains ahead of the official triggering of Article 50.

Markets Economy 6
Photographer Ian Georgeson, 07921 567360
Money, Cash, counting, Royal Bank of Scotland Bank Note, stock

Malcom Parkin: Quantitative easing only benefited the banks

The £375 billion of ­quantitative easing – money creation – used to improve the stagnant economy during 2015 and 2016, seems to have vanished without trace.

Opinion
Britain's biggest lenders face the Bank of England's toughest-ever stress tests. Picture: Peter Macdiarmid/Getty Images

Lenders to face foreign scenario in BoE stress test

Britain’s biggest lenders will have to prove they are able to withstand a sharp slowdown in foreign appetite for UK assets as part of the Bank of England’s toughest stress test scenario to date.

Financial
Tackling Scotland's deficit will need more than tax rises alone, says Stephen Hay. Picture: John Devlin

Stephen Hay: Tax rise alone won’t cut Scottish deficit

Whether or not there is a second independence referendum in Scotland and regardless of whether or not Scotland votes for independence, while we have devolved powers to the extent that we do, economically, Scotland has a major problem which needs to be solved sooner rather than later.

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Rising inflation can't be blamed solely on the Brexit-hit pound, writes Bill Jamieson. Picture: Adrian Dennis/AFP/Getty Images

Bill Jamieson: Can the BoE resist inflation trigger?

In hindsight accounts of stock market turning points, much weight is assigned to sudden, unexpected events – a big political upset, for example, or a sharp fall or rise in the currency.

Markets Economy
Lorry drivers working conditions have caused concern

Shan Saba: Agencies have vital role in ending slavery

The words “modern slavery” should have no place in 21st century Britain – or, indeed, in any other country. It should, literally, be inconceivable.

Markets Economy 1
Deputy BoE governor Ben Broadbent said exporters could be hit by either higher trading costs or a stronger pound. Picture: Suzanne Plunkett/PA Wire

Pre-Brexit exports ‘sweet spot’ unlikely to last

UK exporters are in a welcome “sweet spot” thanks to a boost from the Brexit-hit pound – but this is unlikely to last, according to a senior Bank of England policymaker.

Markets Economy 2
Industry leaders admit it will take a 'huge amount' of work to hit the Ambition 2030 goal. Picture: Contributed

Scotland aims to double up on food and drink revenue

As industry leaders and politicians embark on a plan to double the value of the sector to £30bn by 2030, Scott Reid examines how the proposals will work.

Markets Economy 7
Livingston has become an 'acceptable compromise' for some renters, says David Alexander. Picture: Lisa Ferguson

David Alexander: Branching out into the commuter belt

The BBC’s Reporting Scotland recently filmed a meeting of Musselburgh residents, held as a result of complaints about the local rail service to and from Edinburgh.

Markets Economy 1
There are fears that projects could lose international funding due to the political uncertainty. Picture: Donald MacLeod

Indyref2 and Brexit weigh on Scots property sector

Scotland’s property and construction sector faces a “critical” period amid a potential second Scottish independence referendum and Brexit uncertainty, a business advisory group has warned.

Markets Economy 8
Shoppers are being squeezed by rising prices, which are set to climb higher. Picture: Robert Perry

Shoppers are hit in the pocket as sterling slumps

As official figures reveal that inflation has leapt above the Bank of England’s target, Scott Reid takes a look at how much further it can rise and the economic impact.

Markets Economy 5
The North Sea downturn is also weighing on Scotland's growth prospects. Picture: Andrew Milligan/PA Wire

Indyref2 and Brexit could slow recovery, report warns

Scotland’s economy is forecast to continue to recover this year but uncertainty caused by Brexit and a second independence referendum will slow growth, a new report has found.

Markets Economy 58
Motor fuel costs rose 1.2% last month, pushing inflation above the BoE's 2% target. Picture: Rui Vieira/PA

Cost of living fears mount as inflation hits 2.3%

Rising fuel and food prices have pushed inflation beyond the Bank of England’s 2 per cent target to hit its highest level since September 2013.

Markets Economy 2
John Boyle says the Scottish property market is facing political risks. Picture: Emma Mitchell

John Boyle: Is indyref2 hitting the property market?

An international property report this week indicated that Scotland is well placed to be one of the leading destinations for investment in 2017 and, along these lines, it’s useful to analyse some of the facts and figures from the coal face.

Markets Economy 10
Lord Myners has said that takeover rules should be made tougher to prevent Britain's biggest companies from falling into foreign hands. Picture: Stefan Rousseau/PA Wire

Martin Flanagan: Roll up, roll up – UK plc for sale

Former Treasury minister Lord Myners is articulating an open secret that UK companies for a long time have been far more vulnerable to foreign takeovers than their overseas counterparts.

Markets Economy 2
Almost two-thirds of small firms see the EU market as a priority. Picture: Oli Scarff/AFP/Getty Images

Small firms say EU trading a priority after Brexit

Unimpeded access to EU markets is vital for Britain’s smaller firms in Brexit negotiations, and one in four would be deterred from exporting there if even a very small tariff was introduced, suggests a report today.

Markets Economy 5
Smallholder farmers tending their fields in Malawi

Charlie Bevan: Eat into poverty with Malawi rice

As the Malawian proverb goes, “wali na charo wali na moyo” (the one who has land has life). Across Malawi, smallholder farmers proudly and ­diligently work their land, seeking a living for themselves and their ­children. However, low prices, lack of access to markets and unpredictable weather leave farmers vulnerable to food insecurity, with limited opportunities to make a living.

Opinion 2
Bavarian Economic Minister Ilse Aigner will be leading a delegation to Scotland this week. Picture: Mikhail Metzel/TASS via Getty Images

David Scrimgeour: Scotland has much to gain from Bavaria

Bavaria and Scotland are old friends who have not seen much of each other over the years.

Markets Economy 11
US president Donald Trump meets German chancellor Angela Merkel at the White House. Picture: Saul Loeb/AFP/Getty Images

Bill Jamieson: Look beyond politics to the markets

Of all the geographic areas in which to invest, few would have dared opt for Europe in a year of potential political mayhem with elections in the Netherlands, France, Germany and Italy.

Markets Economy
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