Return To Positive Inflation but Steady Hand Needed on Interest Rates

Commenting on the release of official data which shows that inflation rose slightly to a rate of 0.1% in May 2015, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said: “Inflation remains at very low levels but is now no longer in a deflationary position. Fuel prices have begun…

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UK Experiences Deflation For First Time In 50 Years

Commenting on the release of official data which shows that the annual UK rate of inflation as measured by the Consumer Price Index (CPI) declined from 0.0% in March to -0.1% in April.   Liz Cameron, Director and Chief Executive of Scottish Chambers of Commerce, said: “Last month we described…

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Scottish Business Voice: Harnessing Our Talent Is Essential for Business Success

The Scottish Business Voice Campaign, led by the Scottish Chambers of Commerce Network, will present a series of Business Asks to inform the role politicians can play to build on Scotland’s key industry sectors. Today, Scottish Chambers of Commerce puts forward the Business Asks to Invest in Scotland’s Talent. Scottish Business…

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Scottish Businesses look to Build on Success of 2014

Commenting on the release of official data which shows that the Scottish economy grew by 0.6% in the final quarter of 2014 and by 2.7% during the calendar year as a whole, Liz Cameron, Director and Chief Executive of Scottish Chambers of Commerce, said: “This is further evidence that 2014…

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Scottish Business off to a great start in 2015

Scottish Chambers of Commerce’s Quarterly Business Survey engages with 5 of Scotland’s key sectors: Construction, Financial & Business Services, Manufacturing, Retail & Wholesale and Tourism. These findings, released in collaboration with the University of Strathclyde’s Fraser of Allander Institute show the position of businesses for Quarter 4 of 2014. Liz…

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Comment on MPC Announcement

Scottish Chambers of Commerce is Scotland’s leading business voice, providing business insight and economic intelligence. Liz Cameron, Director/Chief Executive, Scottish Chambers of Commerce comments on today’s announcement from the Monetary Policy Committee to keep the interest rate at 0.5%. “The anticipated decision by the MPC to maintain the base interest…

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Still too early to raise interest rates

Commenting on today’s decision by the Bank of England’s Monetary Policy Committee to keep interest rates on hold at 0.5%, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said: “Signs of a healthier economy, both in Scotland and across the UK, are more evident and consistent than they have…

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Scottish Export Growth must be Supported

Commenting on the news that Scottish manufactured exports rose by 3% in the first quarter of 2014, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said: “The news that Scotland’s manufactured exports have returned to growth is to be welcomed and reflects the feedback we have been receiving from…

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Growth is here but skills shortages could block continued recovery

Scottish Chambers of Commerce’s Quarterly Business Survey engages with 6 of Scotland’s key sectors: Construction, Financial & Business Services, Manufacturing, Retail, Tourism, and Wholesale. These findings, released in conjunction with the University of Strathclyde’s Fraser of Allander Institute show the position of businesses for Quarter 2 of 2014. Liz Cameron,…

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Good News for Scottish Business

Commenting on the release of official data which shows that Scotland’s GDP grew by 1.0% in the first quarter of 2014, therefore exceeding UK GDP growth of 0.8%. Figures indicate an annual growth in Scottish GDP of 2.6%, when comparing the first quarter in 2014 to the same quarter in…

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