32153
Scottish Business Drops
World Economy

Scottish Business Drops

Scotland’s economy contracted last month as a result of a downturn in the oil and gas industry, according to a new report, Yahoo reported. The latest Bank of Scotland monthly purchasing managers index found that business activity in the private sector dropped in November after modest growth the month before. The bank’s headline figure for private sector activity, which measures month-by-month changes in output in both manufacturing and services, fell to 49.8 from 50.9 in October. The decline stemmed from the manufacturing sector, where the rate of contraction was the sharpest in just over three years.

 

Short URL : http://goo.gl/tDsXmx
  1. http://goo.gl/nwTVRN
  • http://goo.gl/LZpxRa
  • http://goo.gl/PfaUvt
  • http://goo.gl/UVs4dx
  • http://goo.gl/jqebRf

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
UK Economy Will Shrink Without Brexit Deal
Britain’s economy will shrink if the country leaves the...

Trending

Googleplus