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  By Martin Kelly
 
The decision by British Airways to axe the Aberdeen to London City Airport route was caused by the UK Government's tax on flights, it has been revealed.

According to the Press & Journal, BA Executive Chairman Keith Williams blamed the Westminster Government's Air Passenger Duty (APD) as a key factor in the decision to axe the route.

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  By Sean Martin
 
A Yes vote in September’s referendum would decrease the cost of foreign holidays by slashing Air Passenger Duty (APD) by half, the SNP has said.
 
APD, the excise duty due on passengers departing a UK airport on certain aircrafts, was restructured as part of the 2008 pre-budget report following an attempt to replace it with a duty due on the planes themselves in 2007.

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  One of Scotland’s most respected oil economists has today taken the UK Treasury to task over its oil & gas forecasts which he described as ill-informed and "well wide of the mark".
 
Writing for the Sunday Times online, Professor Sir Donald MacKay has pointed out that using oil price predictions from the Department of Energy and Climate Change (DECC) and official production forecasts from Oil & Gas UK, would generate revenue of £31.8 billion between 2017-19, almost double the £15.8 billion claimed in Treasury figures.

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  By Martin Kelly
 
Finance Secretary John Swinney has set out the Scottish Government's alternative to what he has described as continued Westminster austerity if Scots vote No.
 
The SNP has warned that a No vote would hand Scotland a 'double-whammy' of continued austerity cutbacks and the slashing of Scotland's budget.

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  By Russell Bruce
 
Higher employment levels and record inward investment in Scotland is now bringing growth in the Scottish economy back to levels not seen for 7 years.
 
As the recession finally heads for the dust, confidence is growing again after one of the biggest recessions in history and one with the slowest pace of recovery.

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  Ahead of Ed Davey’s visit to Scotland today, the SNP has called on the UK Energy Secretary to explain to people in Scotland why he is determined to push up their energy bills with his support for nuclear energy.

A report into the cost of living from consumer organisation Which? yesterday found that the cost of energy was one of the major pressures facing the 36 per cent of Scottish households that feel financially squeezed.

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  By Martin Kelly
 
The publication of a blueprint for growing Scotland’s economy from independent business organisation N-56 which backs a shared Sterling area after a Yes vote has been welcomed today.
 
The Scotland Means Business: The Facts report states that, "from a business perspective, the continued use of Sterling would help to maintain the certainty required for long-term investment decisions."

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