A new IPPR Scotland report published today, ‘Weathering the Winter Storm‘, paints a bleak picture of the financial hit people have taken from the pandemic crisis. Almost half of all workers in Scotland (45 per cent) have suffered a fall in income since April, while the number of households behind on bills has risen from […]

Where is the plan to address Scotland’s personal finances’ crisis?


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