Archives for ScotBiz

Average UK wages top pre-financial crisis levels | Economics

  Average UK wages top pre-financial crisis levels | Economics Average real wages – which take account of the impact of inflation – have risen above their pre-financial crisis level for the first time as workers begin to repair the damage to their finances after a 12-year squeeze on living standards. In a significant moment after a lost decade for British workers, the Office for National Statistics said average weekly earnings, excluding bonuses, have reached a fresh peak in real terms. This means pay packets adjusted for inflation are worth more than they were before the 2008 crisis – although only just.
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New polymer £20 featuring painter Turner enters circulation 🇬🇧💷📰

New polymer £20 featuring painter Turner enters circulation You'll soon no longer find Adam Smith in your wallet or purse. The economist has been replaced as the face of the £20 note by artist JMW Turner. The Bank of England said the new polymer £20 - which enters circulation on Thursday - is its most secure ever banknote. It includes two see-through windows and a two colour foil to help beat forgers. The Bank reckons half of all ATMs across the UK to be dispensing the new notes in just two weeks' time. The new £20 is the third plastic
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UK’s cash system ‘will collapse without new laws’ – 🇬🇧💷📰

UK cash system will callapse without new laws... UK's cash system 'will collapse without new laws' - Campaigners have called for Chancellor Rishi Sunak to save banknotes and coins, saying without urgent new laws the cash system could collapse within a decade. They want Mr Sunak to take action in his first Budget on 11 March. "We must ensure the shift to digital doesn't leave millions behind or put our economy at risk," said Natalie Ceeney, of the Access to Cash Review. The Treasury said it wanted "to ensure everyone who needs cash can access it." Cash is important to
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BBC License Fee can’t go on for ever 🇬🇧 📺 📰

Downing Street turned on the BBC last night — vowing to scrap the television licence fee and make viewers pay a subscription. The national broadcaster could also be compelled to downsize and sell off most of its radio stations. In a plan that would change the face of British broadcasting, senior aides to the prime minister insisted that they are “not bluffing” about changing the BBC’s funding model and “pruning” its reach into people’s homes. For more on this story or other news please follow the link.
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Man Utd weigh up transfer swoop for Celtic goal machine Odsonne Edouard who’s scored 24 times this season

Man Utd weigh up transfer swoop for Celtic goal machine Odsonne Edouard who’s scored 24 times this season https://www.thesun.co.uk/sport/football/10973828/manchester-united-transfer-odsonne-eduard-celtic/ — Read on www.thesun.co.uk/sport/football/10973828/manchester-united-transfer-odsonne-eduard-celtic/
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UK Business Networks & Networking Groups 🇬🇧 💼 🤝

Business networks and networking groups in the UK: Explore our list of UK business networks that exist around the UK offering access for business leaders and entrepreneurs to meet, network, build relationships, gain support, knowledge and advice and do business… ” style=”max-width: 100%; display: block !important”> As a business owner or Entrepreneur one of most valuable resources you can possess is an extensive and well-qualified support network. You may be looking to network with investors for funding and advice / experience from prior startups. It may be that you are looking for a group where you can network and find other entrepreneurs with supply,
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‘No surprise’ for Scottish business as UK economy stagnates | 🏴󠁧󠁢󠁳󠁣󠁴󠁿💼📰🇬🇧

SCOTTISH business leaders have said they are not surprised that the UK economy stagnated in the last quarter of 2019, with manufacturing contracting for the third quarter in a row and the service sector slowing around the General Election period. The Office for National Statistics (ONS) said yesterday’s figures also showed the economy grew by 1.4% in 2019, marginally higher than the 1.3% recorded in 2018. Manufacturing output fell by 1.1% after some car factories paused work in November in case Britain left the European Union without a deal on October 31. Find more on this article or other Business
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Need help recovering commercial debts overseas? 💵 💷 💴 💶🇯🇴🇮🇸🇯🇵🇳🇿🇳🇴🇿🇦🇾🇪

The Global Debt Matrix WELCOME TO BAKER ING The only collections solution designed for international high-value and highly-sensitive accounts receivable: Unlock access to an exclusive network of vetted, tested and proven Credit Directors. Retain control and enjoy full transparency with access to the full CVs of everyone working on your case. Your bespoke team are supported by Baker Ing’s global collections infrastructure – the processes, technology and people, to execute your requirements. Our hybrid delivery model means: NOdelays in communication NOunnecessary bureaucracy NOpoorly trained staff NOpoorly fitting, standardised processes NOopaque working practices NOmore inadequate reporting Just vetted, tested and proven
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Tech sector grows six times faster than other businesses 🖥📱💻

Tech sector grows six times faster than other businesses, says government... News 6 FEB 2020   Digital companies contributed £149bn to the economy in 2018 as UK cements position as a leading tech superpower COMMENT Lift-off: Britain's tech sector has grown six times faster than rest of economy Timothy Adler The digital sector has grown nearly six times faster than growth across the rest of the economy, says the government. Britain’s thriving digital sector contributed £149bn to the UK economy in 2018 – up 7.9 per cent on 2017. This was up 7.9 per cent on 2017, meaning growth in
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The High Street of the future 🏠🏫🏢🏬🏭🕍

The high street of the future  | Jan 23rd, 2020  At O2, we have a keen interest in the future of the high street. And as a high street retailer, one of the things that’s front of mind for us is how we can rise to the challenge of changing retail environments. As we all know, those challenges are very real. Hardly a day seems to go by without news of another famous name disappearing. Or yet another set of figures published showing the seemingly inexorable rise of spend online. Yet, as we discussed at the 2019 O2 Blue Door conference,
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Scotland 6 – 13 England 🏉 🏴󠁧󠁢󠁳󠁣󠁴󠁿 🏴󠁧󠁢󠁥󠁮󠁧󠁿

England won back the Calcutta Cup and kept their Six Nations title hopes alive with a turgid victory over Scotland in awful weather conditions. Ellis Genge scored the only try with 10 minutes remaining as driving rain and strong gusts made for a disrupted, error-ridden contest at Murrayfield. This result meant Scotland fell short of a third-straight Calcutta Cup, but England climb level on points with second-placed Wales, four adrift of unbeaten leaders Ireland (with France v Italy still to play). Owen Farrell scores a penalty in either half which completed the scoring, but England could have scored more with
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