Economy

ENTREPRENEURS FORECAST £12.4 MILLION NEW INVESTMENT & SUPPORT FOR 522 NEW JOBS

Leave a Comment / Economy, Finance /

Scottish Enterprise has unveiled the forecasted impact of its £1.3m package of support for the third cohort of its flagship business growth and leadership programme Unlocking Ambition. The latest group of entrepreneurs joined the nationwide programme in September 2021 and will graduate at the end of March.  They have calculated that over the next three […]

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UNIVERSITY OF STRATHCLYDE INSTITUTE COMMENTS ON RECENT MARKET STATISTICS

Leave a Comment / Economy, Stats /

Recent labour market data from the Office for National Statistics provide our first opportunity to look back over the two years since the coronavirus was first identified in the UK. Since then, we’ve seen huge changes in our economy and day-to-day lives. In the last year we have seen improvements in our headline labour market indicators, with

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SCOTLAND’S FINANCE SECTOR AT CROSSROADS AMID CANDIDATE CRISIS

Leave a Comment / Brexit, Covid, Economy, Figures /

A massive shortfall of candidates and pressure to significantly increase salaries and perks makes grim reading for financial services sector businesses in Scotland, according to a new report. An exodus of international staff due to Brexit, Covid-related career changing and the climate crisis are the main factors which have caused huge employment gaps in certain

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A THIRD OF SCOTTISH BUSINESSES TO INCREASE HOMEWORKING

Leave a Comment / Covid, Economy /

Almost a third of Scottish businesses say increased homeworking will be “permanent” following the First Minister’s announcement that hybrid working would become official guidance. Nicola Sturgeon said on January 25 that businesses should investigate a “hybrid” approach – working part of the week in the office and part at home – as the country bounces

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FUNDING OFFERED TO HOUSING ASSOCIATION RESIDENTS FOR FUEL SUPPORT

Leave a Comment / Economy, Figures, Property, Residential /

Wellhouse Housing Association residents struggling with climbing energy and fuel costs have been offered access to £6,000 to help heat their homes this winter. The funding, gained via the Scottish Government’s Social Housing Fuel Support Fund which is managed and administered by the Scottish Federation of Housing Associations (SFHA), is available to any Wellhouse resident

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CHARTERED ACCOUNTANTS WARNS CONSTRUCTION SECTOR AGAINST UPCOMING CHALLENGES

Leave a Comment / Economy, Figures, Professional Services /

Chartered Accountants Wylie & Bisset has warned the construction sector against a perfect storm of economic challenges putting pressure on their cash flow. Mark Mulholland, partner in the firm’s Business Advisory department, advised those smaller to medium sized construction firms that typically wait until projects are complete before raising an invoice review this practice in

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GLASGOW & EDINBURGH BEST UK CITIES TO LAUNCH YOUR STARTUP

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Glasgow and Edinburgh have been featured in the top 10 UK cities to launch your startup. This comes from data gathered by The Hub Events through determining the quantitative and qualitative factors as well as business environment for each city combining it into a total score. The highest number of incorporations on record was seen

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SCOTTISH SME’S WILL STRUGGLE TO MEET PAYROLL IN APRIL

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More than one in five (22%) Scottish small to medium-sized enterprises (SMEs) will struggle to meet rising payroll costs in April, due to the incoming health and social care levy increase in National Insurance Contributions (NICs), as well as rising minimum wage rates. However, the SME Recovery Tracker from the Association of Chartered Certified Accountants (ACCA) and

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