Scottish insolvencies climb 45% as distressed businesses face ‘toxic mix’ of issues

Insolvencies
Scottish insolvencies climb 45% as distressed businesses face ‘toxic mix’ of issues 7th August 2019 Analysis from KPMG shows that Scottish insolvencies have risen by more than 45%, with 698 corporate insolvency appointments in the six months to June. This
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Worries over no-deal Brexit

Brexit
Worries over no-deal Brexit Carney warns of no-deal Brexit shock Mark Carney, the governor of the Bank of England (BoE), has warned that a no-deal Brexit would result in an instant hit to the economy, saying the value of the
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Services growth sees recession fears recede

Business
Services growth sees recession fears recede. 7th August 2019. Britain’s strong services sector unexpectedly jumped up in July, stronger than expected services growth means the economy looks set to avoid an immediate recession (hard Brexit aside), offering a boost after
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Bank of England cuts growth forecast on Brexit uncertainty and trade tension

Brexit
Bank of England cuts growth forecast on Brexit uncertainty and trade tension The Bank of England has forecast a 30% chance that the UK economy will shrink at the start of 2020, amid growth of just 1.3% this year and
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Small businesses need more targeted help preparing for Brexit

Brexit
Small businesses need more targeted help preparing for Brexit. 02/08/2019. There has been a call for small businesses to receive targeted help on Brexit. International trade secretary Liz Truss and business secretary Andrea Leadsom have met with MPs and businesspeople
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