PwC: Subdued Scottish growth amidst UK’s cautious economic optimism
9 November 2023
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2 November 2023
The number of companies filing for administration in Scotland has jumped by over 20% year-on-year, as a sluggish economy, the cost-of-living crisis, high interest rates and ongoing geopolitical uncertainty continue to impact businesses across the country.
2 November 2023
The Bank of England (BoE) has voted to maintain the base interest rate at 5.25% for the second consecutive time, signalling a continued tight monetary stance into the foreseeable future against a backdrop of persistent inflation and subdued economic growth.
2 November 2023
Responsible investor Downing LLP’s Property Finance Team has received a £75 million sustainability-linked facility from HSBC.
2 November 2023
Heating, Plumbing & Parts (HPP), a Scottish supplier, has grown its status as one of Scotland’s principal distributors in the plumbing, heating, and bathroom sector, following support from Business Gateway.
2 November 2023
In the latest economic update, Scotland’s onshore GDP reported a slight increase of 0.1% in August.