SCC COMMENT ON SCOTLAND’S GDP Q4 2017

Sarah Medcraf Chamber News

Scotland’s GDP figures for the fourth quarter of 2017 were posted today.   The data shows that Scotland’s GDP grew by 0.3%, demonstrating that Scotland’s economy has grown in every quarter of 2017. Despite this encouraging news, Scotland’s growth is still somewhat behind the UK as a whole.   Annual growth in the UK is 1.4%, compared to 1.1% for Scotland; and …

Scottish Chambers of Commerce comment on Labour Market Figures

Sarah Medcraf Chamber News

Labour market figures for the three months ending January 2018 has seen the UK wide employment rate once again return to the joint highest level since records began, at 75.3%.   There has been a slight softening in the number of overall vacancies in the UK labour market, from 824,000 to 816,000, but this remains at historically high levels.   Scotland’s …

Q1 2018 Quarterly Economic Indicator Chamber Promotion

Sarah Medcraf Chamber News

Research for the Q1 2018 Quarterly Economic Indicator (QEI for short) is underway.  This survey acts as our quarterly barometer of business health across the Chamber network, and feeds in to the British Chambers of Commerce QES Survey to provide a snapshot of the health of businesses across the UK. The QEI is one of the most effective tools we …

SCC visit boosts Scottish business input into UK trade and investment policy

Sarah Medcraf Chamber News

The Scottish Chambers of Commerce Network has welcomed a firm commitment from the UK Government to liaise directly with Scottish business to boost Scotland’s economy. Talks between an SCC-led delegation of business leaders and UK Government ministers as part of the Chambers’ annual London Business Visit secured pledges from the Department for Business, Energy and Industrial Strategy (BEIS) and the …

International Women’s Day 2018

Sarah Medcraf Chamber News

#firstmentor Campaign Today, on International Women’s Day 2018 (8th March) Moray Chamber of Commerce’s CEO, Sarah Medcraf, is pledging 7 days of her time to mentor a young woman to help her fulfil her potential. As part of the #firstmentor campaign last year, First Minister Nicola Sturgeon started mentoring a young woman and together, they have achieved a great deal. …

SCC COMMENT ON SCOTLAND’S GDP FOR Q3 2017

Sarah Medcraf Chamber News

The latest GDP figures for Scotland show marginal growth in Q3 2017, of 0.2%.  Growth in output across Production, Services and Agriculture was counterbalanced by a continued contraction in the Construction industry of 2.9%. These figures represent an increase on the previous quarter (0.1%), but continue to lag behind equivalent UK GDP growth, which was estimated at 0.4% for Q3 …

SCC QUARTERLY ECONOMIC INDICATOR: Q4 2017 REPORT

Sarah Medcraf Chamber News

SCC SURVEY SHOWS GROWING BUSINESS OPTIMISM, BUT CONTINUES TO WARN OF RECRUITMENT PRESSURES The latest Scottish Chambers of Commerce’s Quarterly Economic Indicator survey shows Scottish firms continuing to display resilience in the face of economic uncertainty. The survey, produced by the Scottish Chambers of Commerce Network in collaboration with the University of Strathclyde’s Fraser of Allander Institute, found growing optimism …

NEW YEAR MESSAGE FROM TIM ALLAN, PRESIDENT OF SCOTTISH CHAMBERS OF COMMERCE

Sarah Medcraf Chamber News

With no elections and no referendums in the diary, The Scottish Chambers of Commerce sees 2018 as a year to focus on growing Scotland’s economy. As policy makers grapple with an under-performing economy, and Brexit negotiations intensify, this year SCC will focus on skills shortages and internationalisation to boost lagging exports, while delivering practical growth programmes for member companies. In …

SCC PRAISES BUDGET, BUT REGRETS MOVE TO HIGHER TAX SCOTLAND

Sarah Medcraf Chamber News

SCC PRAISES BUDGET, BUT REGRETS MOVE TO HIGHER TAX SCOTLAND Responding to the Draft Budget 2018/19 announced by Finance Secretary Derek Mackay MSP today, Liz Cameron, chief executive of SCC praised the Scottish Government’s commitment to the key economic drivers and welcomed additional spend for R&D, house-building, broadband connectivity and the National Manufacturing Institute of Scotland. However, she repeated SCC’s …