Scotland's Economy

Scotland's Economy

SNP accused of ‘disowning’ Scotland’s oil and gas sector

The Scottish Government has axed a flagship measure of the state of the oil and gas industry - prompting claims it is "actively disowning"  the sector.

Politics 219
Scottish News has folded before an issue could be produced

‘Scottish News’ media company folds before first issue

A media start-up which claimed it would hire up to 300 journalists has folded without printing a single newspaper or broadcasting any material.

Lifestyle 26
The North Sea was built on innovation and enterprise, says Martin Ewan

Comment: North Sea troubles have been good for tech sector

The trials and tribulations of the North Sea oil and gas sector have been well documented in recent years, but there is growing evidence of an upturn and in recent weeks we have seen the price of Brent crude oil nudging over $70 per barrel.

Tech 4
RBS has faced criticism for closing scores of bank branches amid a migration to banking by smartphone. Picture: Stuart Cobley

RBS pushes button on chief digital officer role

In a sign of the changing times within banking, Royal Bank of Scotland had appointed a chief digital officer.

Tech
Thomas Telford's Crinan Canal, described as Britain's most beautiful shortcut, was built in 1801. (Picture: Allan Milligan)

Leader comment: The wonderful tales Scotland must tell

The ‘ancient kingdom of Dalriada’ is crying out for a box set.

Opinion
From left, Patrick Renner, Suzanne Mitskchke, and Rogelio Arellano of MindMate, one of the many start-ups to have come through the EIE programme. Picture: Stewart Attwood

Scottish start-up survey finds growing confidence in tech sector

Growing a customer base, attracting investment and hiring talent are the biggest challenges for Scotland’s fledgling tech businesses, an industry survey has found.

Tech
Shoppers take to Glasgow's Buchanan Street, but Scotland's retail sector is one of several poor performers (Picture: John Devlin)

Bill Jamieson: Here’s how the world is leaving Scotland behind

Economic optimism about the global economy doesn’t extend to Scotland, writes Bill Jamieson.

Opinion 89
Why do eagles keep disappearing in Scotland? (Picture: Ian McCarthy)

Leader comment: Why shooting estates should fear eagle disappearances

As the RSPB Scotland points out, the disappearance of a fourth satellite-tracked eagle in a part of Perthshire that’s home to several shooting estates over four years is “highly suspicious”.

Opinion 13

Kenny MacAskill: The Nasty Party is back

On 4 May 1979, Margaret Thatcher stood at the doorstep of 10 Downing Street and gave her acceptance speech as newly elected Tory Prime Minister.

Opinion 199

Scotland ‘lags behind most other countries’ in international trade

Scotland lags behind most other countries in terms of international exports, a new report has stated, adding that raising overseas sales to the same level of the UK would bring a £12 billion boost.

Markets Economy 173
Kirkcaldy High Street

Headwinds batter Scottish high streets despite sales rise

Scotland’s high streets eked out some modest growth last month though the result was massaged by the timing of Easter while the retail sector continues to face a “number of headwinds”, experts warned.

Retail

Scottish heritage attractions set new visitor record

More than 5 million people have visited Scotland’s heritage attractions in a single year with a new record set by the country’s historic properties.

Lifestyle

Russia considers banning Scotch whisky imports in diplomatic row

Exports of Scotch whisky to Russia could be hit by the worsening diplomatic row between Russia and the UK, senior figures in Moscow have warned.

Politics 71
Calum Forsyth and Robin Knox of Seed Haus. Picture: Chris Watt

PingGo secures five-figure investment from Seed Haus

A “media engagement platform” aimed at high growth companies has secured five-figure investment from Seed Haus, the Edinburgh-based pre-seed tech accelerator.

Tech
Workers at BiFab marine engineering yards in Fife and Lewis had been facing the threat of redundancy after the company ran into financial difficulties. Picture: TSPL

Canadian firm takes over closure-threatened BiFab yards

A closure-threatened engineering firm has been taken over by a Canadian company in a move which is hoped will save hundreds of jobs.

Companies 116
Stuart Cosgrove is chairing Glasgow's bid. Picture: John Devlin

Glasgow bid for Channel 4 HQ meets all guidelines, says Cosgrove

The producer of the hit comedy series, The Inbetweeners, has backed Glasgow’s bid to become home to Channel 4’s new national headquarters.

TV & Radio 9
The Resolution Foundation think-tank has said that up to half of the millennial generation could still be renting in their 40s. Picture: PA Wire

Third of millennials face renting into retirement

Up to half of the millennial generation could still be renting in their 40s and a third could be “retiree renters”, a report warns.

News
Edinburgh Council is responsible for running a number of estates.

Controversy as estates worth £2.5m being run by Edinburgh council

Nearly 400 people have their money managed by Edinburgh city council after being deemed unfit to look after their own affairs.

Personal Finance 3
Westminster has promised to deliver 10Mbps broadband to 100 per cent of premises, but Scottish properties are deemed 'ineligible'. Picture: PA

Calls for ‘Scotland’s share’ of UK government’s broadband funding

A funding programme touted as delivering high-speed broadband to 100 per cent of UK properties has been labelled “grossly unfair” for potentially short changing Scotland.

Tech 7
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