Markets Economy

Markets and Economy

David Alexander: Reconsider tax breaks for short-term lets

I don’t suppose I have very much in common with Andy Wightman, Green MSP for the Lothians, a politician with radical views on the housing system, which he believes to be “broken”.

Markets Economy 1
Market trader monitors his screens. Picture: Daniel Leal-Olivas/AFP/Getty Images

Wednesday market close: Diageo update adds to drag on the Footsie

A cautious trading update from Diageo, Scotland’s biggest whisky distiller, contributed to the Footsie dipping ahead of the Fed’s policy update.

Markets Economy
Staff from McDonald's restaurants rally after voting  in favour of industrial action amid concerns over zero-hour contracts. Picture: Philip Toscano/PA

Trade unions look to younger workers to boost declining membership

Trade union membership across Scotland and the rest of the UK may be in long-term decline, but organisers believe growing interest among younger employees offers the movement a strong future.

Markets Economy 12
The rise in retail sales was far higher than expected. Picture: Phil Wilkinson

Shoppers shrug off price rises to drive sales higher

UK retail sales jumped in August as shoppers continued to spend despite strong price rises.

Markets Economy 1
The Federation of Small Businesses said inflationary pressures and a weakening economy were weighing on confidence. Picture: John Devlin

Confidence plummets as small firms face rising costs

Confidence among small businesses in Scotland has plummeted amid rising costs, according to a new survey.

Markets Economy
The Edinburgh pound coin is the rarest in circulation according to Change Checker. Picture: Johnston Press

Revealed: Edinburgh £1 coin is ‘rarest and most valuable’

THE value of an extremely rare coin featuring Edinburgh is set to soar when it is taken out of circulation next month.

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Tim Bunker says it 'would have seemed prudent' for a chartered surveyor to be included on the rates review panel. Picture: Contributed

Tim Bunker: Barclay rates review proves to be curate’s egg

Last week, finance secretary Derek Mackay committed to implementing the “vast majority” of the findings of a recently published review into Scotland’s business rates system while it was indicated that some of the proposals will need “further consideration and engagement”.

Markets Economy
Donald McLaughlin, former director of Cisco Scotland

Planning for exit: how can you prepare to sell your start-up?

Whether you are just starting up, looking for a chunky investment or ready to find an exit, entrepreneurs need to strategise, organise and prepare.

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Lending has fallen sharply since the banking crisis. Picture: Jon Savage

Slump in lending to businesses dents economic recovery

Bank lending to the private sector has slumped by a fifth since the financial crisis, hampering the return to economic growth, a new study today warns.

Markets Economy

This is when the old £1 coin will expire in 2017

The new £1 coin has been with us for around 6 months having been introduced on March 28, 2017.

News

Bank of England hints at rates rise in ‘coming months’

The Bank of England has signalled that it may hike interest rates in the “coming months” to cool surging inflation as economic growth shows signs of picking up.

Markets Economy 22
'Queensferry has pulling power for the commuter,' writes DJ Alexander boss David Alexander. Picture: Lisa Ferguson

David Alexander: New crossing makes Queensferry a key player

Last week the Queen officially opened the Queensferry Crossing, the reigning monarch being an appropriate choice given that she shares the same bloodline – albeit much diluted over the centuries – as the Scots queen, Margaret, after whom the new bridge is named.

Markets Economy

Factories upbeat despite Brexit toll on staffing levels

Nearly one in four Scottish manufacturers have lost or are in danger of losing employees due to the UK’s eventual exit from the European Union, according to a new report.

Markets Economy 7
The latest unemployment figures have fallen in Scotland. Picture: Ian Georgeson

Scottish unemployment falls to lowest rate in UK at 3.8%

Scotland’s unemployment rate has fallen to 3.8%, the lowest of the UK nations, official figures show.

News 39
The North Coast 500 route is boosting the Highlands economy. Picture: Contributed

North Coast 500 tourists drive £10m Highlands boost

It has already been hailed as “possibly the world’s best road trip”, and now it has emerged that the North Coast 500 has helped to deliver a £10 million boost for the Highlands economy.

Markets Economy 3

Credit experts voice concerns over runaway consumer debt

The spike upwards in UK consumer debt as inflation exceeds low wage growth has been branded a “serious problem”, according to more than 200 of the world’s leading experts in credit.

Markets Economy 1

Inflation jumps to 2.9% on rising clothing and fuel prices

Rising clothing and fuel prices caused inflation to rebound last month, intensifying the squeeze on cash-strapped households grappling with low wage growth.

Markets Economy 1
525 Ferry Road is Edinburgh's largest vacant office building. Picture: McAteer Photograph

Edinburgh’s largest vacant office going on the market

Edinburgh’s largest vacant office building, formerly home to financial services giant State Street, will soon be available to let.

Markets Economy
Economists predict the monetary policy committee will hold interest rates at 0.25%. Picture: Gareth Fuller/PA Wire

Interest rates to remain on hold despite higher inflation

The Bank of England is expected to keep interest rates on hold this week, with new voting member and deputy governor Dave Ramsden unlikely to “rock the boat” despite forecasts of a further rise in inflation.

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