Markets Economy

Markets and Economy

Clydesdale bank sets date for new plastic £10 note launch

Clydesdale Bank’s new £10 polymer bank note will enter circulation in two months’ time.

News
KPMG's Blair Nimmo warned of storm clouds on the horizon for Scotland's companies. Picture: Contributed

Fewer firms going bust, but KPMG warns of challenges ahead

The number of firms failing in Scotland saw a significant drop in the second quarter, according to new data from accountant KPMG.

Markets Economy
DJ Alexander boss David Alexander highlights 'remarkable' confidence among buy-to-let investors. Picture: Ian Georgeson

David Alexander: Why buy-to-let’s ‘third way’ is still best

Let’s be honest: buy-to-let investors in Scotland have seen better times.

Markets Economy 1
Consumer demand drives about three-quarters of Scotland's economic growth. Picture: John Devlin

Scotland’s economy: growth continues despite consumer woes

Scottish businesses are upbeat about their prospects for the months ahead but concern is growing about the impact of issues including falling incomes and recruitment difficulties, according to a major report today.

Markets Economy
"The angels themselves often want to do more, providing advice, contacts, and moral support through the difficult early years," says Jonathan Harris

Angel entrepreneurs pledge to help new firms

Investors can transform businesses when they get involved in start-ups —and contrary to popular opinion it’s not all about the money.

Promoted content
Lower prices at the pumps saw inflation ease last month. Picture: Lynne Cameron/PA Wire

Cheaper fuel helps drive inflation rate down to 2.6%

Inflation dropped back last month as the falling price of fuel and computer games eased the pressure on household spending power.

Markets Economy
The market may be riding high, but Hargreaves Lansdown says investors are feeling gloomy. Picture: Daniel Leal-Olivas/AFP/Getty Images

Investor confidence falls as prospect of rate hike looms

Investor confidence is “scraping along pretty close to the bottom of the barrel”, while expectations of an interest rate rise have leapt, according to new data from Hargreaves Lansdown.

Markets Economy 1
PwC forecast that house price growth will slow in the year ahead. Picture: John Devlin

Scotland’s economy: Brexit doubts weigh on housing market

Lower business investment and weak consumer confidence amid Brexit uncertainty is taking its toll on the Scottish economy and housing market, according to a forecast published today.

Markets Economy 13
'Beware attempts to bully us into a cashless society,' urges Bill Jamieson. Picture: John Devlin

Bill Jamieson: Predictions of cashless society are premature

Two news items in the past week seek to eliminate notes and coin as a means of payment.

Markets Economy 3
Britain's Foreign Secretary Boris Johnson. Picture: Getty

Leader: This is no time for Tory squabbling

Any hope that the colossal mishandling of their election campaign might cause senior figures in the Conservative government to come to their senses and pull together are fast diminishing. Theresa May has so far failed to rally doubters in the ranks and set a course for some form of coherent policy.

News 9
Most foreign fruit pickers dont stay in the UK. Picture: Dan Phillips

James Porter: Brexit’s a bitter harvest for soft fruit

Many will mock a soft fruit grower from the balmy Angus coast when he writes about adversity – and normally I wouldn’t blame them.

Opinion 6
The EY Item Club is downgrading its UK GDP prediction. Picture: John Devlin

Think-tank warns of spending squeeze woe for UK economy

Britain’s economy will struggle this year and next as consumer spending is squeezed by rising inflation and muted earnings growth, an influential think-tank will warn this week.

Markets Economy
ScottishPower chairman Ignacio Galan greets Nicola Sturgeon at the official opening of the firms new Glasgow HQ. Picture: PA

Brian Wilson: Are our electricity suppliers acting in Scotland’s interests?

I acted with uncharacteristic decisiveness this week. After ten years of reflection, I embarked on switching electricity suppliers, in common with more than 400,000 other people this month.

Opinion 23
There is still no sign of a political movement that might halt Brexit, argues Joyce McMillan. Picture: Christopher Furlong/Getty Images

Joyce McMillan: need for unity among those against Brexit

Yesterday, without much fanfare, the UK government published its European Union (Withdrawal) Bill, the long-awaited piece of legislation which will repeal the European Communities Act of 1972, and start the interminable process first of repatriating the entire body of EU law into British legislation, and then deciding which parts of it to discard, and which to keep, in whatever form.

Opinion 27
The over-65s and over-85s group has expanded significantly and will continue to increase. Picture: Getty Images/iStockphoto

Bill Jamieson: Ageing population a problem bigger than Brexit

Economic and demographic trends including an ageing population are a much greater concern, says Bill Jamieson

Opinion 13
Pic Lisa Ferguson 02/04/2015
The Royal Bank of Scotland, Dundas Street, Edinburgh

RBS agree settlement of £4.2bn with US government

Royal Bank of Scotland has agreed a multi-billion-dollar settlement for its role in the sale of risky mortgage products in the run-up to the financial crisis – but still faces the prospect of hefty fines from US authorities.

News 19
Anyone who owns a home bought with a mortgage has effectively been saving throughout their lives. Picture: PA

Peter Boyd: More Scots cash in on the value of their home

The way that we Scots think about our homes is changing – and changing for the good.

Opinion 2
Picture: DANIEL SORABJI/AFP/Getty Images

Bill Jamieson: Short and long-term winners in investment field

STOCK market investment, we are constantly told, is a long-term game. And there is arguably no better current exponent of this truth than Scottish Mortgage Trust and its redoubtable manager James Anderson.

Opinion 1
BDOs Martin Gill urges against interest-rate jump. Picture: Rob McDougall

Business output shrinks to four-year low

Output among UK firms is to decrease, underlining the possibility of a weak second quarter, according to new data published today .

Markets Economy
Manufacturers have increased their output at a steady rate. Picture: David Davies/PA Wire

Scotland’s economy: private sector growth ‘subdued’

There has been a further slight increase in Scottish private-sector output, Bank of Scotland has revealed today.

Markets Economy 17
Load more