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Top Scottish Business News News

UK Economy · United KingdomInflation was unchanged last month at 3.8%, confounding expectations of an increase, official figures show. The Office for National Statistics said that inflation measured on the consumer prices index (CPI) remained at 3.8% in September, the same reading as in August and July.See the Story
UK inflation unexpectedly remains at 3.8% for third month in a row
61% Center coverage: 52 sources

Renewable Energy · United KingdomBritain is offering a smaller budget for offshore wind in its next auction round to spur investment in renewable power capacity, government documents showed on Monday, with one analyst saying the country will struggle to meet its clean power targets.See the Story
Britain announces $1.45 billion budget for offshore wind auction
83% Center coverage: 47 sources

UK Economy · United KingdomMore than 2,000 Scotland-based jobs are at risk as oil and energy services group Petrofac has applied for administration. The group's operations will continue to trade, and options for restructuring of the company and a possible merger or acquisition are being actively explored with its key creditors, the company said on Monday.See the Story
More than 2,000 jobs at risk as oil and gas company enters administration
61% Center coverage: 13 sources