Tag: signs

UK signs first major post-Brexit trade deal with Japan

Image caption UK Trade Secretary Liz Truss called the deal “historic” The UK has struck its first major post-Brexit trade deal after signing an agreement in principle with Japan which aims to boost trade by about £15bn. International Trade Secretary Liz Truss said it was an “historic moment”. She said it would bring “new wins” for British businesses in manufacturing,… Read more →

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Sports Direct owner Frasers Group sees signs of ‘normality’ returning

Image copyright Reuters The owner of Sports Direct and House of Fraser says it is seeing “a semblance of normality” returning, but warned that further lockdowns remain a threat. Frasers Group said annual pre-tax profits sank 20% to £143.5m as lockdown store closures led to “the most challenging year” in its history. It also repeated its “frustration” over the problems… Read more →

Signs of optimism among Scottish small businesses

Image copyright Getty Images Image caption Small businesses have been able to reopen after being closed due to the coronavirus pandemic Scotland’s small business community has regained some confidence following a “complete collapse” in optimism earlier this year, according to new research. The Federation of Small Businesses (FSB) said its survey showed an improvement in this year’s second quarter (Q2)… Read more →

Coronavirus: First signs of slump show in Scotland’s official figures

Image copyright PA Media Image caption Manufacturing was especially badly hit by Covid lockdown measures Scotland’s economy began to contract as soon as coronavirus lockdown measures were imposed. Gross domestic product (GDP) fell by 2.5% in the first quarter of the year, with provisional figures for April showing an 18.9% decline. A more dramatic contraction is expected in the next… Read more →