Summary
A COLLAPSE in new orders has precipitated the sharpest fall in output that Scotland's private- sector economy has experienced in more than a decade.
Painting a bleak picture of the health of "Scotland plc", an authoritative survey of the private sector, published today, warns that firms face a "marked deterioration" in their prospects as the recession tightens its grip on the economy.See the full content of this document
Extract
Gloom Deepens As 'Scotland Plc' Slumps to Ten-Year Low
Measures of the strength of the employment market, new business and the backlog of work that gives firms a financial "cushion" are all near all-time lows, according to the Purchasing Managers' Index for...
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