Tag Archives: warn

Scots economy in ‘precarious’ position, experts warn

Scotland’s economy is in a “precarious position” with a recession “in the balance”, experts have warned. A report from the Fraser of Allander Institute said Scotland seemed to be “stuck in a cycle of weak growth”. The Strathclyde University think-tank said that while growth is forecast to pick up in coming years, it is “likely to continue to lag behind ... Read More »

Thousands of car finance payments could be hit by economic downturn, analysts warn

Thousands of drivers would be unable to keep up their car payments in the event of an economic downturn, analysts have warned, prompting concerns about a mis-selling scandal. With nearly 90 per cent of new cars sold using finance deals, the majority of which means the owner effectively leases their vehicle for three or four years instead of buying outright, ... Read More »