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Sunday, 6th December 2009

Scotland's economy

£45m VAT blow to Scots finance firms SCOTLAND'S struggling financial services sector will be dealt another blow – costing millions – when the VAT rate goes back up to 17.5 per cent following a temporary cut.

Scottish investors are cautious on recovery MOST private investors in Scotland believe economic recovery remains a distant prospect and continue to invest cautiously as a result, research has revealed.

The week unzipped: Withdrawals to soar as Scots make £1bn Christmas dash for ATMs SCOTS will withdraw £1 billion from ATMs around the country in the run-up to Christmas, according to Clydesdale Bank.

Sterling hit by credit crunch and falling pound STERLING, one of Scotland's biggest and best-known furniture retailers, has seen annual profits tumble 60 per cent as it felt the heat from the credit crunch and higher import prices.

More Stories

Scots trio among fastest growers

Small firms turn a buck but trend still difficult for many

BBC's River City helps £91m flow into economy

SNP will miss key target on boosting economy

Scottish recovery may be slower than UK – with risk of 'double dip'

Scotland faces rough journey out of recession

Rising jobless total sparks fear over class of 'unemployables'

Capital 'won't regain lost status' as finance centre of gravity shifts south

Fifth of Lloyds' job cuts to be in Scotland

University spinouts dry up as funding is hit by the recession

Islanders urge Lloyds to reverse decision to axe relationship managers

Call for competition inquiry into banking services for Scottish SMEs

'Canny' Scots among UK's worst savers

Distress deals up

John Swinney admits business friction despite 'all I've ever done for them'

Iain Gray backs SNP call for extra budget funds

Slump rocks the foundations but Mactaggart & Mickel stands firm

Output boost for Scotland signals hope of recovery

Scotland's economic decline shows signs of slowing

Jump in Scottish deal-making adds to growth hopes

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