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Scottish economy

  • Sunday, 6 October, 2024
    UK energy
    The small Scottish loch holding an answer to how the UK could reach net zero

    Glen Earrach’s pumped storage hydro project aims to facilitate energy transition with vast ‘water battery’

    Three men wearing high-visibility vests with "Glen Earrach" printed on the back stand on a hillside, overlooking a scenic landscape at Loch nam Breac Dearga, Scotland. The view includes rolling hills, a body of water, and wind turbines in the distance under a cloudy sky.
  • Monday, 30 September, 2024
    News in-depthUK energy
    Fossil fuel projects face higher bar in UK as legal challenges mount

    Planning officials now need to consider emissions produced when customers use oil and gas before they grant permission

    Montage shows protester holding a “Stop Rosebank” sign against a backdrop of declining oil data
  • Thursday, 19 September, 2024
    Sport
    Glasgow’s slimmed-down Commonwealth Games provides blueprint for survival

    Scottish city took on 2026 event after Australian state of Victoria pulled out citing soaring costs

    The 4 x 400m relay final at the 2022 Commonwealth Games in Birmingham
  • Thursday, 12 September, 2024
    Scotland on ‘mission’ to pursue private finance for green projects says Forbes

    Government in talks with investors in clean energy to fill gap left by declining North Sea oil sector

    Kate Forbes
  • Thursday, 12 September, 2024
    Energy sector
    Grangemouth oil refinery to close after rescue talks fail

    Decision will mean a net loss of 400 jobs and a threat to thousands more

    Shipping containers in port with Grangemouth refinery in the background
  • Tuesday, 3 September, 2024
    SNP unveils £500mn of cuts as it warns of ‘new era of austerity’ for Scotland

    Nationalist party blames Westminster for need to slash budgets

    Shona Robison delivering her speech at the SNP Annual National Conference
  • Sunday, 25 August, 2024
    Climate change
    Scotland’s rural ‘land rush’ slows as bubble for natural capital bursts

    Questions over carbon credits and delays to forestry and peatland schemes have stalled investor interest

    Glen Dye estate near Banchory
  • Wednesday, 14 August, 2024
    Government of Scotland
    Scotland’s net fiscal deficit widens to £22.7bn

    Increase to 10.4% of GDP highlights vulnerability of country’s finances to moves in global oil market

    A North Sea drilling rig at sunset
  • Monday, 12 August, 2024
    Animal welfare
    Scottish landowners face new rules as grouse-shooting season starts

    Regulations over moor burning and killing birds of prey tightened as legislation comes into force

    A grouse shooting party in Scotland
  • Tuesday, 11 June, 2024
    UK general election 2024
    Oil and gas jobs dominate Scotland’s election battle

    SNP claims Labour’s tax plans threaten to turn Aberdeen into ‘an industrial wasteland’

    An employee walks along the Total Culzean platform in the North Sea
  • Monday, 3 June, 2024
    UK general election 2024
    Labour seeks to win over Glasgow’s wealthy suburbs

    Dismay with the SNP’s record on health and the economy fuels opposition’s hope of a Scottish resurgence

    Labour candidate Blair McDougall knocks on doors in East Renfrewshire
  • Wednesday, 29 May, 2024
    Climate change
    Edinburgh council bans SUV and cruise ship ads in climate crackdown

    Allowing adverts from fossil fuel industry is ‘inconsistent’ with net zero target, it says

    Edinburgh’s Royal Mile
  • Tuesday, 14 May, 2024
    Sumitomo lined up for Shetland subsea cable contract

    Japanese group and Van Oord Offshore Wind set to install electricity cables between islands and Scottish mainland

    A cable laying vessel in the Shetlands
  • Monday, 13 May, 2024
    UK energy
    Scottish port redevelopment under way after £100mn credit injection

    Ardersier near Inverness aims to become distribution hub for North Sea wind power

    Construction workers at Ardersier Port
  • Thursday, 9 May, 2024
    Scotland’s new deputy first minister vows to cut burdens on business

    Kate Forbes meets senior executives on first day in office in effort to reset strained relationship with industry

    Newly-appointed Deputy First Minister Kate Forbes in the lobby of the Scottish Parliament ahead of First Minister’s Questions, on May 9, 2024 in Edinburgh, Scotland.
  • Wednesday, 8 May, 2024
    ExplainerScottish National party
    What is the SNP legacy as John Swinney takes on the mantle in Scotland?

    Scotland’s new first minister faces challenges, such as rebuilding confidence in the party’s handling of public services

    Montage of John Swinney against a yellow SNP background
  • Thursday, 11 April, 2024
    Liz Ritchie
    Scots must now navigate an income tax labyrinth

    Holyrood has embraced its devolved powers with gusto, leaving many in Scotland unaware of the new complexities

    Yousaf and Robison walk through a corridor, Robison carrying a file
  • Friday, 29 March, 2024
    Humza Yousaf
    Scotland’s economic potential is blocked by a failing UK

    There is a fundamentally different policy consensus north of the border — and different rules apply

    Aerial view of the Scottish Parliament building at Holyrood in Edinburgh
  • Thursday, 28 March, 2024
    Brexit
    Brexit red tape costs Scottish salmon producers millions, says trade body

    Reducing trade friction with the EU could boost access to member states, group says

    A customer inspects a salmon
  • Thursday, 14 March, 2024
    Government of Scotland
    Scotland introduces land reform bill to boost community ownership

    Legislation would give ministers power to intervene in sale of large estates

    A shooting party in Aviemore
  • Saturday, 9 March, 2024
    Oil & Gas industry
    Hunt’s windfall tax on oil and gas spells trouble for Scottish Tories

    SNP strategists say move threatens Conservative seats in north-east of Scotland where many fear loss of jobs

    A worker walks along an oil platform in the North Sea off the Scottish coast
  • Thursday, 25 January, 2024
    News in-depthBeer and spirits
    Scotch whisky producers toast wealthy drinkers in Asia for defying luxury gloom

    With postwar distillery numbers at record high, owners point to ‘premiumisation’ and growth in tourism revenue

    Annabel Thomas, founder of Nc’nean Distillery
  • Friday, 17 November, 2023
    News in-depthForeign direct investment
    ‘We need tangible benefit’: Does investment in UK renewables create jobs?

    Locals in north-east Scotland say the billions poured into wind power have bypassed the community

    Machinery at the electricity substation near Keith, Scotland
  • Sunday, 22 October, 2023
    The FT ViewThe editorial board
    Scottish ‘kilts’: bond market innovation risks leaving investors exposed

    Edinburgh will pay a premium for issuing its own bonds

    A man stands with arms crossed in an elegant but historic sitting room
  • Sunday, 22 October, 2023
    Q&A
    Investors say Scotland would pay a premium on bond sales

    Small size and limited liquidity of ‘kilts’ likely to mean higher borrowing costs relative to UK

    Humza Yousaf
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