Economics

“Scotland’s economic contribution to the UK stretches far beyond North Sea Oil", Bradley Post, the managing director of RIFT, said.

Negotiations over a free trade agreement have dragged on for two years, with no sign of a breakthrough on the horizon.

"I wasn't sure you could make the start of a recession read like good news, but somehow the BBC managed it", Adam Bienkov said.

Britain had faced an inflation ‘double whammy’ with both a tight jobs market and a trade shock, Megan Greene said.

The ONS estimated that gross domestic product fell by 0.3 per cent in the fourth quarter, following a decline of 0.1 per cent in the previous three months.

Britain has “significantly underperformed” compared with the EU and US since the vote to leave in June 2016, Goldman Sachs claims.

“This is really basic… I’m amazed that you don’t know that debt is rising.”

The body’s chief economist said: ‘We would advise against further discretionary tax cuts as envisioned and discussed now.’

Once again, "diligent homeowners are forced to shoulder the burden of getting inflation under control, while the banks continue to reap the benefits" - analysis.