A flexible, high skill and plentiful UK labour market is central to the government’s ambitions to grow the economy through investment and increased productivity. Unfortunately, any discussion of the current state of the UK labour market is almost entirely anecdotal, a regrettable situation at such a crucial time but one made inevitable by the shortcomings of the only comprehensive set
A subtle but significant shift is taking place in the world of corporate debt and enforcement in Scotland. With liquidity tightening, inflationary pressures lingering, and refinancing options constrained, creditors are becoming more assertive and formal enforcement tools like winding-up petitions are firmly back in play. In the Scottish marketplace we have recently witnessed a sustained rise in creditor led compulsory
The June 2025 Spending Review sets out ambitious plans for economic recovery and long-term growth with a strong emphasis on digital transformation and modernising labour force skills. How should UK businesses react and how could it affect them? Impact on sectors and skills Overall, government day-to-day spending will increase by 1.7% per year, while capital investment will grow by 3.6%
A month on from our last look at the UK economy and its prospects, our economic review for June 2025 has yet more evidence of just how volatile the global and domestic conditions are. A blizzard of bilateral trade deals involving Britain and variously, India, the USA and the EU have been announced, if not necessarily worked out in any
Is the business community and entrepreneurship an increasing force within the UK economy? The current UK Government’s top economic priority since it came to power has been generating growth in an economy that by any judgment, has struggled for many years to match the performance of most, if not all of its major competitors. The reasons are various, some of
The announcement of the economic prosperity deal between the USA and the UK has generated much political and media ballyhoo. Despite the euphoria, cooler heads in many UK manufacturing sub-sectors are discounting the comments from the two countries’ leaders and their senior advisers, and instead they are scouring the detail-lite four and a half page deal document for anything tangible
