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Scotland

All News

PM claims full fiscal devolution would have caused “financial calamity” for Scotland

Prime Minister David Cameron has claimed Scotland would have been weeks away from a "financial calamity" if full fiscal devolution had been given to the country. Cameron said new funding arrangements for Scotland needed to be completed in a "fair and reasonable way" after the SNP asked why the UK Treasury was proposing plans that may cost Scotland £3billion.

Energy Transition

Scottish hydro-power wipeout predicted

Scotland’s hydro power faces an agonising march into near-oblivion by the end of the decade, an industry boss warned yesterday. Mark Mathieson, chief executive of Green Highland Renewables (GHR) said the UK Government had failed to take account of evidence and missed out on broader benefits of hydro energy in its review of feed-in tariffs.

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Scottish councils to share £14m energy efficiency funding

A £14 million fund is to be shared by local authorities to make homes, public buildings and businesses more energy efficient, Social Justice Secretary Alex Neil has announced. Scotland’s Energy Efficiency Programme (Seep) will help improve warmth in buildings and homes, cut energy bills and work towards reaching climate-change targets.

Oil & Gas

Report says wider Scottish economy affected by low oil price

A report has claimed the downturn in the oil and gas industry could be having a wider impact on the Scottish economy. The Scottish Chambers of Commerce said the effect of lower oil prices could be extending beyond businesses operating directly in the sector. The latest quarterly report received responses from 477 firms in Scotland.

Opinion

Les Linklater: Four by four

It’s hard to believe that four years ago, I stepped into the role here at Step Change in Safety. Like my New Year’s resolutions, my hopes and the reality didn’t always align. Since day one, there have been many successes and Step Change’s strategic priorities have evolved. But, sadly, there have been tragic and stark reminders of just how much is still to be done.

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Unions to take steel industry jobs protest to Brussels

Unions are planning a protest next month outside a conference in Brussels to discuss the problems being faced by energy-intensive industries, including steel. Thousands of jobs have been axed in the UK in recent months as steel firms struggle with high energy prices and cheap Chinese imports.

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Scottish economy grew by just 0.1% in third quarter of 2015

Scotland’s economy grew by just 0.1% in the third quarter of last year, new figures have revealed. Deputy First Minister John Swinney said the latest GDP data showed output had increased between July and September despite the “significant challenge” to key export markets. Over the year, Scottish GDP increased by 1.7% - but its growth was weaker than that for the UK as a whole, where increases of 0.4% and 2.1% were recorded over three and 12 months respectively.