Decrees against Scottish businesses drop by 28% suggesting ‘strengthening economy’

By Ludo:

Further evidence of the underlying robustness of Scotland’s economy (at the very sharpest end ie Decrees issued) indicated in the latest figures from the Scottish Registry Trust. Noticed these highly encouragingf figures carried on the Scottish legal site but have seen no mention in any other news outlet as yet. Link and snippets below:

https://www.scottishlegal.com/article/boost-for-scottish-business-as-decrees-plummet

According to figures released by Registry Trust, the number of decrees against Scottish businesses dropped by 28 per cent in the first six months of 2019 (compared to HY1 2018 figures) – totalling 1,140, the lowest of any first half-year on record.

The total number of decrees against incorporated businesses dropped by 29 per cent from the previous year’s figures, to 850.

The total number of decrees against the generally smaller unincorporated businesses fell 23 per cent on HY1 2018 figures, to 290 – a record first half-year low.

During the first half of 2019, 9,310 debt decrees were registered against consumers, 29 per cent lower than HY1 2018.

The number of small claims against consumers fell by 29 per cent in HY1 2019 to 8,498, with the total value down to £13.1m, a 28 per cent drop on HY1 2018’s record high figure of £18.1m.

Ordinary cause decrees against consumers in the first six months of 2019 dropped by 33 per cent to 812, compared to the same period the previous year.

The total value fell by 39 per cent to an all time first half-year low of £10.5m.

Scotland chairman Malcolm Hurlston CBE added: “The decree stats for both businesses and consumers are positive over this half year and give hope for a strengthening economy.”

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Scotland’s university cities the safest in the UK by a very long way

From the Complete University Guide 2019, we can see that the overall fall in crime in Scotland in the last ten, or so, years is reflected in the relative safety of university campuses. Of particular interest is the level of crime (incidents per 1 000 residents) reported in Glasgow, lower than that in Edinburgh, less than half the level of England’s safest locations and less than a tenth of the least safe.

For Scotland’s 5 big university cities:

For Northern Ireland:

The 5 ‘safest’ English university cites:

The 5 least safe English university cities:

https://www.thecompleteuniversityguide.co.uk/preparing-to-go/staying-safe-at-university/how-safe-is-your-city/#Scotland

Scotland’s construction sector ‘accelerating’ thanks to SNP Government investment in public housing

From Insider today:

Growth in Scotland’s construction sector has accelerated as businesses become “fed-up” waiting for Brexit, according to new figures. The Q2 2019 RICS Construction and Infrastructure Market Survey also shows workload and employment expectations are gathering pace for the year ahead. Workloads in public housing grew at the fastest pace, with a net balance of 52% more respondents reporting an increase in activity – up from -30% in Q1. This was closely followed by growth in private housing workloads. 

https://www.insider.co.uk/news/fed-up-waiting-construction-industry-18333455

This contrasts with decline in the UK. From Insider on 2nd July:

The UK’s construction output has plummeted at its steepest rate since 2009, as Brexit uncertainty and weaker demand hit all major areas of the industry. The Markit/CIPS UK Construction purchasing managers’ index (PMI) recorded a reading of 43.1 for June, down from 48.6 in May.

https://www.insider.co.uk/news/construction-output-drops-sharpest-rate-17327838

Earlier reports of health in Scottish economy:

Reporting Scotland fish for problems to deflate confidence in the economy by avoiding doing any research!

Scottish economy grows for ninth quarter in row

Yet more objective evidence Scotland’s economy healthy in SNP care

Scottish labour market outperforms UK revealing more evidence of health in economy

Umpteenth post on underlying strength in Scottish economy: Property investment up 19.8%!

Scottish business confidence well above UK average

SNP blamed as private businesses experience too much demand and overcrowding with new staff second only to Labour-mayored London.

Scottish business confidence stays high…Ah but!..Oh shut up Revoking Scotland!

63% fall in large business insolvencies as Scottish economy reveals strength

See this Douglas? Business investment in Scotland up 250%!

Scottish Business Strength No.77: Small Scottish construction firms’ growth up 17%

Scottish small businesses still more confident than those in non-Scottish parts

Business activity soars to four-year high across manufacturing and service

Business confidence in Scotland soars by 24% while it sinks 29% in non-Scottish parts of UK

Scottish businesses more likely to be stable than those in rest of UK: News from a parallel universe unknown to our mainstream media

Scottish Government supports economy with new business rates unique in UK

Kev ‘Greek’ McKenna pours anti-SNP bile out of the hatch in his wee ‘Trojan’ pony

Quite a headline eh? Some (OK me and a few of the Twitterati) have characterised the former Sunday Herald and the National as ‘Trojan Horses’ with their unconvincing converts to independence, Kevin McKenna, Michael Fry and Iain McWhirter as mercenaries, driven by a combination of a basic need to get paid and an innate conservatism, to shy away from criticism of the wider movement but to weaken it, a bit, by attacking the SNP.

McKenna has been very active in the last few days with today’s George Robertson/Gandalf-like suggestion, in the Observer, that a ‘dark presence has come to possess this [SNP] party.’ In the same piece we read: ‘Some of their [SNP] candyfloss policies can drive you round the twist.’ Leaving aside McKenna’s own dark presence, there’s some connection between his anger at ‘candyfloss policies’ and his despair in the Herald on the 13th, with ‘SNP diktats.’

These will include the ban on smoking indoors which Reuters have today reported as reducing heart attacks by four times more than in England and the reduced alcohol-related hospital admissions after the introduction of minimum pricing in Scotland.

More darkly, Mckenna’s obsession with the SNP goes back. In the Herald in October 2016, he wrote:

 ‘There is a curiously illiberal and reactionary strain running through its (SNP) core which seems to belie its socialist credentials’

Here were his claims:

  • Named Person Scheme was soundly trashed
  • A Party whose language is a Caledonian version of Orwellian double-speak
  • Army of superannuated advisors
  • Critics howled down and accused of pandering to paedophiles
  • Christian groups jeered and intimidated
  • Encouraged by a bunch of indolent academics

Here are SNP actions he clearly didn’t like:

  • Named Person Scheme
  • Prisoners’ Voting Rights
  • New Women’s Prison
  • Minimum Alcohol Pricing
  • Police Scotland
  • Offensive behaviour at Football Act

I don’t know if the many recent repeated child abuse scandals in the, mostly, catholic ‘care’ homes or in the, mostly, Celtic boy’s clubs, have moderated his opposition to the Named Person Scheme or if he now wishes we had kept the Offensive Behaviour at Football Act, in the wake of last season’s events.

McKenna has considerable previous as an SNP-basher since his supposed and suspicious conversion from a rabid Unionist. Here’s what Bella Caledonia wrote of him before he converted:

‘It’s a piece so loaded with self-loathing, barely recognised inferiorism and desperate, desperate, political emptiness it’s hard to approach, but we really do need to talk about Kevin.’

McKenna’s despair as ‘SNP diktats’ reduce heart attacks more than 4 TIMES faster than in England

From Reuters Health yesterday:

Heart attack rates dropped among older adults in Scotland in the decade after a nationwide indoor smoking ban took effect, a new study suggests. Scotland banned smoking in all enclosed public spaces and workplaces in 2006. There was a 17% reduction in heart attacks in the first year after the ban took effect, compared to just a 4% decline over the same period in England, where public smoking rules didn’t change, the study team notes. In Scotland between 2000 and 2016, there were [sic] a total of 117,161 heart attacks.

https://uk.reuters.com/article/us-health-smoking-scotland/indoor-smoking-ban-tied-to-heart-attack-decline-in-older-adults-idUKKCN1UE1U1?utm_source=reddit.com

Edinburgh is ‘Cleantech’ capital of world

c) engie

In Insider yesterday:

Edinburgh has been declared the top destination for cleantech investment globally after it saw the largest percentage of financial support for firms that are kind to the environment. The findings from Tech Nation highlighting what is a growing technology specialism for Scotland was discussed at a roadshow in Edinburgh yesterday sponsored by accountancy firm RSM. Cleantech involves companies which increase productivity and efficiency by minimising their impact on the environment. The report UK Tech on the Global Stage showed Scotland has 9,045 digital tech businesses, employs 58,000 people and has a turnover of £3.86 billion.

https://www.insider.co.uk/news/edinburgh-named-cleantech-capital-world-18349406

Earlier reports on success for Edinburgh:

Glasgow and Edinburgh in top three UK ‘Tech Cities’ and the rest….

April 11, 2019johnrobertson8341 Comment

(c) People Make Glasgow In Insider today Following an inaugural CBRE study in 2017 and using the same methodology to compare 65 cities throughout the UK, the new report provides an update on the top 25 locations for companies in…

ECONOMY STRONG: ‘Jobs available in Edinburgh soar by 80% in two years’

March 29, 2019

‘The number of jobs advertised in Edinburgh has surged 80% in two years, according to new analysis. There has also been a rise in the number of people applying for jobs in Scotland’s capital,…

‘Edinburgh Airport above 1 million for first time to boost Scottish economy

December 20, 2018

‘Edinburgh Airport has seen passenger numbers in November top one million for the first time. Stats released today show 1,045,708 passengers passed through its terminal last month. The figures are up 11.7% on the same…

Edinburgh 10th out of 100 global cities for job opportunities

November 22, 2018

Above New York and Berlin, Edinburgh has come tenth out of 100 top global cities, for ‘opportunities.’ Here’s what organisers, Movinga, say about their criteria: ‘The research tackles three key areas: economic strength for start-ups and established businesses, standard of…

Another umpteenth post on underlying strength in Scottish Economy: Edinburgh’s office investment up nearly 30%

November 1, 2018

‘Edinburgh office market movement up nearly 30% in a year. Office market movement in Edinburgh in the third quarter of 2018 remained at the same level as the second quarter – but up 28% on the same…

Edinburgh alone has 14% of the UK’s top tech companies

October 24, 2018

‘Research prepared for Tech Nation and UK Government’s Digital Economy Council shows the UK is home to 15 tech companies worth $1bn – with Edinburgh producing twoBottom of Form. UK cities including Edinburgh are competing head to…

Why was Edinburgh Airport named UK Airport of the Year?

October 13, 2018

Edinburgh Airport has been named Airport of the Year at the National Transport Awards in London. Scotland’s busiest airport saw off competition from five other airports to win the award at the awards ceremony which is in its…

‘Edinburgh and Glasgow in top five cities to work in UK’

July 26, 2018

They came third and fifth with London and Manchester at 1 and 2. Frankly, I’m astonished that anyone thinks London would a better place to live. This is, of course, from Insider. Here’s a short extract and the…

Herald misrepresents drug statistics to join drug death scare-wagon

The Herald story is based on a one-year change with the number deaths of people aged under 25 falling in 2017 but rising last year. One-year changes are meaningless. Here is the longer trend showing that deaths of undr-25s remain at around only 5% of the total in sharp contrast to those of the 35-44-year-olds:

Health trends, as any fool knows, are best understood in longer blocks of time because of the dangers in over-reacting to one-year fluctuations. For example, for this same group, there were 100 deaths in 2002 but only 47 by 2005, then 94 in 2007, then 65 in 2010, 32 in 2013, 46 in 2014 and 30 in 2015.

https://www.nrscotland.gov.uk/files//statistics/nrs-visual/ve/drug-related-deaths-18-info.pdf