Business News Round Up (28/11/19)

Scottish small firms’ market uncertainty concerns grow

Market uncertainty concerns has been highlighted as Scottish business’ main barrier to growth, with 71% of small businesses stating they feel stifled by factors beyond their control, according to a new study. According to a study published by Hitachi Capital Business Finance, 41% of small businesses in Scotland cited market uncertainty as their main barrier to growth, up from 36% six months previously.

https://www.scotsman.com/business/scottish-small-firms-market-uncertainty-concerns-grow-1-5053343

Service Centre sector continues to deteriorate says CBI

Business optimism in the service sector fell in the three months to November, but at a slower pace than before, according to the CBI Service Sector Survey. Sentiment declined in both business and professional services sub-sector and the consumer services sub-sector with both reporting falling sentiment for more than a year.

https://www.scotsman.com/business/scottish-small-firms-market-uncertainty-concerns-grow-1-5053343

Number of Scottish firms selling on social media lags the rest of the UK

Research by PayPal has revealed the number of Scottish businesses selling via social media (21%) is falling behind the global average (35%). PayPal’s annual Commerce Index report suggests that the gap between Scotland and the UK could widen as the number of businesses in the rest of the UK selling on social media is expected to double in the next six months.

https://www.insider.co.uk/news/number-scottish-firms-selling-social-20973770

Large corporates driving growth in Manchester’s Workplace

An increase in large corporates opting to locate remote employees and regional office teams to Manchester co-working spaces has fuelled a six-figure refurbishment for independent executive office space, Workplace.

https://www.businessupnorth.co.uk/large-corporates-driving-growth-in-manchesters-workplace/