Inflation rises again to new 40-year high
The rate of inflation rose again in May, remaining at 40-year highs, according to the Office for National Statistics (ONS)....
Bank of England hikes interest rates to 1.25%
The Bank of England has raised its interest base rate to the highest point since the start of 2009, as...
Hiring activity in Scotland slows amid steep decline in staff availability
Momentum in the Scottish labour market slowed last month, with the growth in numbers of people being hired into new...
Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’
Scotland’s shopper footfall growth has been ranked the worst in the UK, compared with pre-pandemic levels. Data from the Scottish...
Sunak told more help on cost-of-living crisis is ‘absolutely imperative’
Action to tackle the cost-of-living crisis is “absolutely imperative”, the Scottish Finance Secretary has told Rishi Sunak. Kate Forbes wrote...
Sector growth slows as rising inflation weighs on demand
Output growth in most UK sectors slowed in April as rising inflation weighed on demand for goods and services. While...
Scottish job growth eases to four-month low in April
The start of the second quarter saw a further marked increase in hiring activity across Scotland, according to the latest...
Scottish insolvencies hold steady as compounding crises raise pressure
Corporate insolvencies in Scotland remained steady in the first quarter of 2022, as a series of compounding crises - from...
Recovery in Scottish business optimism dampened by rising costs
The Federation of Small Businesses (FSB) has reported that the average Scottish small business remains less optimistic than this time...
Kate Forbes welcomes ‘encouraging’ GDP growth of 0.4%
The Finance Secretary has hailed the “strength and resilience” of Scotland’s economic sector as the latest GDP figures showed a...