All the updated news related to business and economy

All the news related to business and economy updated in real time

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Small business defaults a ‘danger’ to future returns, British Business Bank says

The state-owned British Business Bank has warned that its returns for the year ahead could take a hit if businesses default on loans amid the deteriorating economy. The bank, which helps small businesses access finance and administered the ...

28 Sept 2022 at 16:16

Scotland to see Covid restrictions ease despite record infection levels

Coronavirus restrictions in Scotland are being eased – despite infection levels said to be at record highs. First Minister Nicola Sturgeon confirmed last week that from Monday businesses such as bars and restaurants are no longer required ...

21 Mar 2022 at 01:25

‘Think carefully’ about Russian investments, Sunak warns businesses

British firms should “think very carefully” about making any investments in Russia which would support Vladimir Putin’s regime, the Chancellor has said. Rishi Sunak warned there is “no case” for new investment in Russia as he said ...

13 Mar 2022 at 11:55

Scotland

Business confidence in Scotland dips slightly on previous month

Scotland is the only UK nation to record a lower reading for business confidence compared to January figures, it can be revealed. Companies reported a lull in confidence in their own business prospects month-on-month, down three ...

28 Feb 2022 at 01:55

Manufacturing growth remains robust as signs point to easing supply chain woes

Britain’s manufacturing sector grew at a faster pace than first thought in December amid signs the supply chain crisis may be finally easing, according to new figures. The closely-followed IHS Markit/CIPS manufacturing ...

04 Jan 2022 at 12:25

Hairdresser and restaurant cancellations surge after rise in Covid-19 cases

Firms such as hairdressers and restaurants saw cancellations soar last month as potential customers stayed at home amid the accelerating spread of Covid-19. New figures from the Office for National Statistics (ONS) ...

06 Jan 2022 at 15:25

News

Troubled Chinese developer told to demolish resort

A troubled Chinese real estate developer that is struggling with 310 billion US dollars (£229 billion) in debt has announced that it has been ordered to demolish a 39-building resort complex, in a new blow to its ...

04 Jan 2022 at 17:55

Soaring inflation could be to 2022 what supply chain crisis was to 2021

From shortages of new cars and games consoles to lorry drivers and even crisps, 2021 will be remembered by many as the year of the supply chain crisis. Just as the economy was revving up thanks to the mammoth ...

30 Dec 2021 at 10:25

Families face ‘cost-of-living catastrophe’ in 2022, says think tank

Millions of families are facing a “cost-of-living catastrophe” due to soaring energy bills and rising taxes, an economic think tank has warned. The Resolution Foundation (RF) said from next April families ...

29 Dec 2021 at 01:25

UK diner numbers slump to weakest level since May

UK restaurants have witnessed their poorest week since the spring as the rapid spread of coronavirus hit the public’s appetite for eating out. The latest weekly economic update from the Office for ...

23 Dec 2021 at 14:25

Households face £1,200 hit as cost of living rises, think tank warns

The rising cost of living will become the dominant issue facing Boris Johnson, the head of an economic think tank has warned as families faced a £1,200 hit from April. The Resolution Foundation ...

29 Dec 2021 at 11:25

Scotland

Business confidence at highest rate since July, report shows

Business confidence in Scotland is at its highest rate since July despite a “challenging economy”, according to a report. The latest Bank of Scotland business barometer showed companies ...

30 Nov 2022 at 10:47

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