SMEs under strain

Business
SMEs under strain. 2nd July 2019. A new survey highlights how SMEs under strain from late payment problems. Research by Xero, the accountancy software firm, and Paypal, the online payments service shows more than one in three owners of small
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Shoe retailer Office slips

Business
Shoe retailer Office slips 2nd July 2019. Yet more woe for the high street as Shoe retailer Office announces it is preparing for a restructuring that could result in shop closures. A plan for the UK chain, which employs almost
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Scottish construction failure rate hits highest since 2014

Business
Construction failure rate hits highest since 2014 1st July 2019. The Scottish construction sector suffered its highest number of business failures for four years in 2018. Eileen Blackburn, head of restructuring and debt advisory at French Duncan, said that after
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Manufacturing downturn deepens

Business
Manufacturing downturn deepens. 1st July 2019. The UK manufacturing PMI has fallen to its lowest level since February 2013 as the manufacturing downturn deepens. The June IHS Markit/CIPS UK manufacturing purchasing managers’ index (PMI) showed a reading of 48, down
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Bank of England cuts growth predictions after “weak” six months

Business
Bank of England cuts growth predictions after “weak” six months 28/06/2019 The Monetary Policy Committee (MPC) of the Bank of England  has warned of a weakening outlook for the UK economy, as ongoing political uncertainty threatens to impact trade for
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