When small claims are made against businesses it means they’re in trouble in some way. It means according to the Registry Trust, that they’re failing to manage debt. So, this massive fall means that Scottish business ‘can take heart’ and that if they do need to borrow to expand they can.
As you may know from previous pieces here, the Scottish economy grew at 4 times the rate of rUK over the last quarter and:
The total value of claims fell by 55% to £7.6 million, a record low. Put it all together with the other good news you can see if you scroll down my blog over the last few months and somebody is doing something right in Scotland. Who could it be? Surely not the SNP-led administration in any way?
I stopped looking back at 22nd June 2017. I could’ve gone on.
You can read more from Professor John Robertson at https://thoughtcontrolscotland.com/