THE Bank of England yesterday hiked the scale of its quantitative-easing programme by a further £50 billion to £325bn, highlighting a need for this further monetary stimulus because of the "weak" near-term outlook for the UK economy.
Plans to create a Financial Health Service with more rights for creditors are launched this week by the Accountant in Bankruptcy (AiB), as it fights swingeing budget cuts with a reform agenda for Scotland's bankruptcy regime.
YEAR-on-year growth in UK retail sales value last month was the second-weakest for any January since comparable records began in 1995, an industry survey reveals today.
CONFIDENCE among small and medium-sized manufacturers declined for the third quarter running in the three months to January as orders fell amid concerns about the prospects for the economies the of eurozone and the UK.
SCOTTISH Government plans to increase rates on empty commercial property risks destroying one of Scotland's existing competitive economic advantages over the rest of the UK, the head of a national trade body has claimed.
THE UK's dominant services sector grew strongly in January, a key survey has revealed, raising hopes that the economy might yet avoid recession as early as this quarter.
GLASGOW University has taken the first step towards a tie-up with the National University of Mongolia after participating in a Scottish trade delegation to the fast-developing Asian nation.
SCOTTISH retail sales volumes grew by 0.7% in the fourth quarter of last year, trailing a 0.9% advance in this period in Great Britain as a whole, official data have revealed.
UK manufacturing activity increased unexpectedly in January, a survey has revealed, but economists warned it was far too early to conclude the overall economy might avoid further contraction and technical recession in the first quarter.
SCOTTISH and Northern Irish businesses are showing greater signs of "distress" than those in any other part of the UK, a survey by insolvency trade body R3 reveals.
THE average worker in the North Sea oil and gas industry earned a salary of around £56,000 last year, about twice the going rate that applied to people in other businesses in the UK.
CORPORATION tax should be slashed to 20% to jump start the economy, according to a paper published by the right-leaning Centre for Policy Studies think tank today.
Another global recession triggering a catastrophic banking crisis is keeping bankers awake at night, according to a survey of the world's banking industry from the Centre for the Study of Financial Innovation (CSFI).
The School for Social Entrepreneurs (SSE) and Lloyds Banking Group have joined forces to launch a five-year programme to support 500 entrepreneurs across the UK as they start up and grow social and community enterprises.
