One in four North-east companies are planning to cut their workforce over the next three months, a new report has warned.

A downturn in North Sea activity – a direct result of the UK Government increasing tax on oil and gas operators to 78% – is damaging the wider economy in Aberdeen and Aberdeenshire, according to the latest North-east Quarterly Economic Survey. 

Download the Q2 North-east Quarterly Economic Survey

The latest North-east Quarterly Economic Survey, launched by Aberdeen & Grampian Chamber of Commerce, in partnership with law firm Gilson Gray LLP, benchmarks key indicators in the region’s economy against the wider UK.

Latest QES report 'paints challenging picture' for businesses

Findlay Anderson, Partner and Head of Corporate at Gilson Gray LLP shares his reflections on the Q2 North-east Quarterly Economic Survey results.

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