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CASHFLOW & PROFITABILITY DECLINE AS HIGH COSTS HAMMER BUSINESSES
28th March 2024CASHFLOW & PROFITS DECLINE: Q1 has seen a significant downturn in cashflow and profits, with sizeable contractions recorded across four of the five sectors. RECRUITMENT CHALLENGES: More businesses are reporting challenges in recruiting staff, increasing to 47% for the quarter compared to 40% in the last quarter. However, recruitment intentions…
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BUSINESS GROUPS VOICE ALARM OVER SCOTTISH TAX POLICY
9th February 2024Sixteen leading business representative groups have jointly written to the Scottish Government’s Deputy First Minister & Finance Secretary, Shona Robison MSP, to voice alarm at the Scottish Government’s consideration of a new business rate surtax and what it means for wider tax policy towards commerce. The sixteen organisations represent a…
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SCC QUARTERLY ECONOMIC INDICATOR
26th January 2024INFLATIONARY CONCERNS EASE BUT REMAIN HIGH: Concern over inflation has fallen to 52% for this quarter – compared to 75% in the last quarter – and this is the lowest that concern from inflation has been in all of 2023. 52% is still 20 percentage points higher than the 32%…
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Scottish Budget Must Reverse Cycle of Low Growth
15th December 2023The Scottish Chambers of Commerce have urged the government to use next week’s Holyrood budget to incentivise businesses, investment and job creation to break the cycle of low growth. Business leaders have also called on Holyrood ministers to prioritise non-domestic rates relief and avoid additional income tax burdens. They have…
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SCOTTISH BUDGET Chamber Priorities for the Scottish Budget
14th December 2023Ahead of the Scottish Budget, Chambers of Commerce across Scotland have shared their priorities for the upcoming budget on December 19th, informed by feedback from across 13,000 members and right across the business community. A summary of these priorities can be found below. CHAMBER PRIORITIES Non-Domestic Rates Replicate the 75%…
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SCOTLAND’S LEADING BUSINESS NETWORK CALLS FOR BUSINESS RATES TO BE FROZEN AT THE SCOTTISH BUDGET
7th November 2023Ahead of the Scottish Budget on 19th December 2023, the Scottish Chambers of Commerce, Scotland’s leading business membership organisation, has called for the Scottish Government to prioritise freezing the business rate in the coming financial year. This follows the recent publication of the SCC’s latest quarterly survey, which indicates that…
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Businesses in Scotland Access Untapped Global Markets
1st May 2023The Scottish Chambers of Commerce is playing a frontline role to secure new international trade opportunities for businesses in Scotland. The rapidly changing landscape of domestic and global economies demands a long-term joint approach from the public and private sector if we are to continue creating new jobs, accelerate inward…
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Scottish Chambers of Commerce : London Business Visit
9th March 2023Scottish Chambers of Commerce : London Business Visit 15th – 18th May 2023 London Business Brochure: List events by day London Business Final: Link to booking page The annual Scottish Chambers of Commerce London Business Visit is established as Scottish business’s premium political and commercial networking and influencing forum in…
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SCC welcome further actions outlined by Scottish Government to support businesses
26th May 2020In a statement to the Scottish Parliament earlier today, the Cabinet Secretary for the Economy, Fiona Hyslop MSP outlined further measures that the Scottish Government are taking to support more businesses adversely affected by Covid-19: Extending the eligibility of the current small business and retail, hospitality and leisure grant to…
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SCC Survey Shows Growing Business Optimism, But Continues To Warn Of Recruitment Pressures
19th January 2018The latest Scottish Chambers of Commerce’s Quarterly Economic Indicator survey shows Scottish firms continuing to display resilience in the face of economic uncertainty.
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