Markets Economy

Scotland faces “unprecedented” cuts to public spending over the next three years unless tax receipts rise, according to new analysis of the impact from the Autumn Statement.

Leading London shares were in the red as commodity stocks came under fire over fears that major oil producers will fail to secure a deal to curb production.

Perthshire has lost a second major festival in the space of a week after singer-songwriter Dougie Maclean confirmed he was shelving his annual event.

An influential think tank has upped its forecasts for the UK economy despite warning over higher inflation and slowing investment following the Brexit vote.

Catch up with the main breaking business stories of the day.

Infrastructure! Can there be a more electrifying word for investors?

The UK’s service sector experienced a drop in optimism in the three months to November, with profitability hit by increasing costs and lethargic business volumes, new data published today has revealed.

Scotland’s marketing sector remains “rife with inequality and gender discrimination” according to new research from the industry’s leading professional body.

Britain’s economic growth has been confirmed at 0.5 per cent in the third quarter, the Office for National Statistics said.

The economic fallout from Brexit will keep Britain in the red for at least another five years and extend austerity into a second decade, Philip Hammond has revealed.

We were promised an Autumn Statement which would be ­gimmick-free. To Philip Hammond’s credit, there was no sight of even a rabbit hair in his speech. However, the lack of eye-catching initiatives should not detract from the importance of the announcements made.

And so farewell Autumn Statement. After almost 40 years at the fiscal coal face under a variety of names, the dear old thing has been pensioned off by Philip Hammond. Its parting shot was to reveal the emerging shape of this government’s economic plan.

Philip Hammond failed to address the Brexit “elephant in the room” in his Autumn Statement, the SNP’s economic spokesman has claimed.

The main points from Philip Hammond’s Autumn Statement.

Today’s headline act, Chancellor Philip Hammond, has got a fillip from much lower-than-expected public borrowings in October.

The government will push ahead with tax cuts despite worsening public finances, Chancellor Philip Hammond will confirm today when his delivers the Autumn Statement.

Ryanair boss Michael O’Leary has compared government ministers to the characters of television sitcom Dad’s Army due to their “lunatic optimism” over Brexit.

Scotland’s only pitch competition for female entrepreneurs was set to launch its second annual contest today at Edinburgh Napier University.