Economic Growth

UK economy shrinks 1.5% in Q1 despite signs of recovery

The UK economy shrank by 1.5% during the first three months of the year due to the impact of the…

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13,000 Scottish retail jobs were lost before Covid-19, SRC reveals

13,000 Scottish retail jobs were lost between 2016-2018, a new paper by the Scottish Retail Consortium (SRC) reveals.  The report…

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UK GDP shrinks by 2.6%

GDP declined by 2.6% in November 2020 as government restrictions reduced economic activity, the latest ONS figures reveal.  Figures released…

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Behind the headline figures: Four reasons for optimism for retailers

The latest retail figures are showing signs of real encouragement for retailers. Retail sales volumes rose a better-than-expected 3.6% in…

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Record economic growth anticipated for Q3

The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp…

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Retail sales rise for second month in a row

Total sales increased by 3.2% in July, against an increase of 0.5% in July 2019, marking the second consecutive month…

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Preventing inevitable recession from becoming depression

The global economy is heading into a recession, initially at least a pretty severe one. The measures introduced by governments…

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Covid-19 brings UK economy to temporary standstill, says KPMG

The impact of the Covid-19 virus is expected to see the UK economy contract by 2.6% in 2020, according to…

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Coronavirus is stepping up a gear – this could be serious

When I started this column back in December I did not anticipate a single subject would dominate it so much,…

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British Airways gets flighty and Starbucks smells the coffee over coronavirus

The business response to the coronavirus situation, which appears to be developing into a serious crisis, continues apace today. British…

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