Economy

SCOTTISH RETAIL FOOTFALL COULD BE SLOWLY IMPROVING

Scottish footfall decreased by 16.2% in January, compared with two years earlier. However that is a 6.6% improvement on December. The latest Scottish Retail Consortium (SRC) and Sensormatic IQ data also showed that shopping centre footfall fell by 36.6% in January across Scotland, down from a decline of 31.9% in December. In January, footfall in […]

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TALENT GAP & LACK OF REGULATION HOLDING BACK SCOTLAND’S ESG INVESTMENT SECTOR

Scotland is missing an opportunity to become a leader in the rapidly growing field of ethical investment due to an unprepared workforce and a lack of clarity around regulation. That is the view of two key figures within the country’s financial sector, Betsy Williamson, Managing Director of specialist recruiters Core-Asset Consulting and Jamie Mariani (pictured

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BGF MAKES RECORD BREAKING INVESTMENT IN SCOTLAND

The UK and Ireland’s most active investor BGF has reported continuously strong momentum over the last 12 months, investing close to £60 million within the Scottish growth economy – more than double the previous year’s figures. BGF is a long-term patient investor, making initial investments between £1 million to £15 million for a minority equity

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GENERATION UK LAUNCHES IN SCOTLAND

Youth employment non-profit organisation Generation UK, today announces it will launch a new digital skills training programme for unemployed people aged 18-29 across Scottish city regions to tackle the digital skills crisis in the area with support from the JP Morgan Chase Charitable Foundation and Microsoft. With unemployment for 16–24-year-olds in Scotland affecting nearly 42,000

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SCOTTISH BUSINESS SEES CONFIDENCE BOOST IN JANUARY

Business confidence in Scotland rose 13 points during January to 37%, the highest reading since September 2021, according to the latest Business Barometer from Bank of Scotland Commercial Banking.    Companies in Scotland reported higher confidence in their own business prospects month-on-month, up 23 points at 45%.  When taken alongside their optimism in the economy, up four points to 30%, this gives a headline confidence reading of 37%.   The Business Barometer, which questions 1,200 businesses monthly, provides

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EDINBURGH NAMED BEST BUSINESS CITY OUTSIDE LONDON

Business magazine Management Today recognises Edinburgh in-depth data analysis to rank the largest cities and towns outside of London on how attractive they are for business. It assessed 63 urban areas across 15 criteria including the scale of the private sector ecosystem, the strength of innovation, the number of high-growth businesses, access to a skilled

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BUSINESSES BEING ADVISED IN DEALING WITH LATE PAYMENT

With research from the Federation of Small Businesses showing that a third of Scottish business owners faced an increase in late payment in the last quarter, chartered accountant Wylie & Bisset is advising SMEs that knowledge is key and cash is king when dealing with the issue. Wylie & Bisset urges business owners struggling with

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