Are you a ‘Kurzarbeit’ or a ‘chômage partiel’ person? UK Chancellor Rishi Sunak will make an important statement to the House of Commons this afternoon about what will replace the furlough scheme at the end of October, with debate rife about whether German or French models will be preferred, or something completely different altogether.  The Kurzarbeit […]

Beyond furlough


Some good news – kind of. The Royal Bank of Scotland’s latest Purchasing Managers’ Index report suggests things are starting to get built and sold again. A PMI rate above 50 suggests activity is expanding rather than contracting, and Scotland’s August PMI was 55.8, ahead of Northern Ireland and Wales but behind all English regions. […]

Scotland’s looming financial storm





“A Democrat administration would be more hostile to Brexit, and more willing to work with Brussels to squeeze the UK in Brexit negotiations. This could create and avenue for opposition forces in the UK, above all Starmer’s Labour and the SNP.”

What does Joe Biden’s nomination mean for Scotland?



The official economic data for the first half of 2020 is out, and according to the ONS there is only one country in Europe that Britain has not had a deeper recession than in the first half of the year. Spain. Apart from Belgium, the two countries which have the worst deaths per million from […]

No time for fiddling while Rome burns