Scottish salmon exports have leapt 45% to hit a new record high - helped by bumper sales in both France and the US.

Data from HMRC revealed £844million of fish were sold overseas in 2024, blowing the previous record - £618million in 2019 - out of the water.

The data means Scottish salmon keeps its position as the UK's number 1 food export.

The Times reports that statistics also showed salmon volumes for 2024 grew by 59% to 101,466 tonnes, with exports going to 48 different countries.

However, figures from the Office for National Statistics painted a less positive picture, with a decline in overall UK exports contributuing to a drop in the UK's economic growth of 1.5% in Q4.

Also reported in The Times, Sanjay Raja, chief UK economist at Deutsche Bank, said the trade figures marked the “the third worst performance in the postwar period”, adding: “The spectre of a trade war looms large."

FTSE 100

The UK's flagship share index, the FTSE 100, down 61-points at 8,736 shortly after opening this morning.

Brent crude oil futures were up 0.51%, trading at $75.40 a barrel.

Companies reporting today

NatWest Group*

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SEGRO

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